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£498,750 Guide Price
Bedrooms
Bathrooms
The Ashwell is a fantastic, well-proportioned and high specification 3 bedroom detached family home set within The Hawthorns by Beech Grove Homes, a thoughtfully designed and very well laid out new build development of excellent two, three and five bedroom homes in the ever popular South Cambridgeshire village of Bassingbourn within a 10 minute drive in to Royston and 30 minute drive in to central Cambridge. The Ashwell offers a spacious dual aspect Kitchen/Diner with integrated appliances and separate utility room, approx. 18ft triple aspect lounge backing on to the generous rear garden and cloakroom on the ground floor with three true double bedrooms (en-suite to master) and family bathroom on the first. With underfloor heating via air source heat pump throughout the ground floor, radiators to the first and bathrooms fitted with Vitra Suites and shower-ware by Vado, this wonderful family home really must be viewed in person to be fully appreciated and would suit a wide range of demographics such as first time buyers, up sizers or down sizers alike!
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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