5 bedroom detached for sale

£545,000

5

Bedrooms

3

Bathrooms

Floorplan

38 High Street, Aldreth is a fine detached house which has been altered and extended over the years to create an impressive home suitable for a variety of family needs. The accommodation, arranged over two floors, includes a dual aspect sitting room with open fireplace, spacious kitchen/dining room with a feature inglenook fireplace, 5 bedrooms and 3 bath/shower rooms, 2 of which are en suite. Bedrooms 1 and 5 are situated on the ground floor and, along with the rear entrance hall and inner hall offer potential to create a self contained annexe ideal for dependent relatives, independent teenagers or Air B&B, if required. There is off road parking and a detached garage to the side and a wonderful, established garden to the rear which includes an extremely useful studio/workshop. Heating is oil fired, the Council Tax is currently Band E and the EPC rating is currently Band F.

Aldreth is a charming no-through village surrounded by open countryside and situated approximately one mile south west of Haddenham which provides an excellent range of day to day amenities including a primary school, shops, general store/post office, butchers, public house/restaurant, large recreation ground and various clubs and societies, the majority of which are held within the Robert Arkenstall Centre.

Entrance door to:-

Entrance Hall: - Tiled floor, door to sitting room, archway to lobby and door to:-

Cloakroom: - Tiled floor, low level WC, wash hand basin and position for washing machine.

Lobby: - Tiled floor, large shelved storage cupboard and door to:-

Bathroom: - Tiled floor, low level WC, wash hand basin and Jacuzzi bath with independent shower unit.

Sitting Room: - Open fireplace with stone surround and tiled hearth, exposed timber floor, stairs to first floor, French doors to garden and door to:-

Kitchen/Dining Room: - Feature inglenook fireplace with wood burning stove, exposed timber floor, large island unit with cupboards under and inset sink unit, various other cupboards and drawers, integrated oven and ceramic hob with extractor above, French doors to garden and French doors to:-

Rear Entrance Hall: - 10.40m x 2.22m (341' x 73') - Stairs to large attic area 10.40m x 2.22m (341 x 73') with windows creating natural light, providing ideal storage or scope for additional accommodation, subject to any necessary consents being obtained. French doors to garden and door to:

Inner Hall: - Door to bedroom 5 and door to:-

Bedroom 1: - Range of built in wardrobes, French doors to garden and bi-fold doors to:-

En Suite Shower Room: - Tiled floor, low level WC, wash hand basin, shower cubicle and heated towel rail.

Bedroom 5: -

First Floor: -

Landing: -

Bedroom 2: - Walk-in wardrobe, loft hatch to roof space, airing cupboard with hot water cylinder and access to:-

En Suite Shower Room: - Tiled floor, low level WC, wash hand basin and shower cubicle.

Bedroom 3: - Exposed timber floor, built in wardrobes and loft hatch to roof space.

Bedroom 4: - Built in wardrobes.

Outside: - A block paved driveway to the side provides off street parking and access to a detached garage. A particular feature of the property is the large, established garden to the rear, which is fully enclosed and well screened by mature trees, shrubs and bushes creating a high level of seclusion and privacy. There is a large expanse of lawn, well stocked flower and shrub beds, vegetable beds, shed, greenhouse and a detached Studio/Workshop 4.28m x 2.20m (14 x 72') which is fully insulated and has power and lighting connected. An extensive paved terrace adjoins the rear elevation of the house which can be accessed via 3 sets of French doors and a wrap around veranda provides a useful covered seating and storage area.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 452325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13625
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 43575
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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