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£800,000 Offers in excess of
Bedrooms
Bathrooms
A unique opportunity to purchase this detached 4 bedroom home (with integral annexe) situated on a substantial plot with planning permission granted for a new 3 bedroom residence and double garage adjacent! As you approach this property there is a large driveway with electronically controlled double gates and intercom system, creating ample parking spaces, overall privacy and convenience. Cambridge Road comprises of; entrance hallway, lounge, dining room, kitchen, conservatory, cloakroom, two bedrooms and shower room to the ground floor and two further bedrooms and family bathroom to the first, with a spacious landing overlooking scenic open fields to the rear.
This flexible residence can easily be adapted to meet the specific needs of numerous different buyers, with its sizeable ground floor space and annexe accommodation with separate kitchen facilities, this is ideal for a multi-generational household or lodger. Externally, this home has a generous garden to the rear and benefits from having direct access to several thousand acres of National Trust land which is part of the historic Wimpole Estate. Not only would this superb property appeal to someone looking to develop the plot further, but also be the perfect home for dog lovers or simply anyone who enjoys countryside walking!
(based on calls indoors) -
02 - 2 bars /EE - 3 bars /Three - 2 bars /Vodafone - 2 bars
Broadband estimated speeds -
Standard 19 mbps /Ultrafast 1800 mbps
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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