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£1,175,000 Guide Price
Bedrooms
Bathrooms
A wonderfully light, airy and spacious 4 double bedroom executive home located in one of Roystons most sought after cul-de-sac locations! This fantastic modern home located in Palace Gardens, Royston has been significantly extended and improved by the current owners and now offers in excess of 3250 Sq Ft of very well presented accommodation. With an approx 20ft lounge, 30ft kitchen /diner/day room and 4 very large double bedrooms (3 en-suite) internally, and a detached double garage and 137sq ft garden studio/home office externally, this fine home would suit a growing family. Located in central Royston within 5 minutes walking distance to both the town centre amenities and mainline railway station, an in person viewing is essential to fully appreciate this excellent property and its location.
Roystons vibrant market town benefits from commuter links directly to Londons Kings Cross, London Gatwick and Cambridge via the British Railway Network and also has excellent commutable road links via the A10, M11, A505 and A1M and has good access directly to Cambridge City Centre along with London Luton and Stansted airports both being within a 45 minute drive. There are desirable schools for lower and higher education with two schools holding outstanding reputation. Royston Town Centre benefits from local amenities including boutique shops, restaurants/bars, major supermarkets and doctors and dentists.
Mobile signal (based on calls indoors) -
02 - 3 bars /EE - 2 bars /Three - 2 bars /Vodafone - 2 bars
Broadband estimated speeds -
Standard 16mbps /Superfast 74mbps /Ultrafast 1000mbps
Construction Type -
Standard brick construction
Map location is not available for this property.
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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