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£650,000
Bedrooms
Bathrooms
This impressive 5 bedroom detached house is one of just 4 executive homes situated off a small private road situated on the western side of Littleport, particularly well placed within walking distance of the Academy School, Leisure Centre and Community Pre-School.
Extending to just over 3,000 sq ft (288 sq m) the spacious accommodation includes a large, dual aspect sitting room, stunning triple aspect kitchen/dining/family room, with stylish integrated appliances and extensive range of fitted cabinets, 5 double bedrooms, 4 of which have built in wardrobes and 3 bath/shower rooms, (2 en suite). There is off road parking for at least 2 cars, double garage and an extensive, south facing garden to the rear.
The property is extremely energy efficient (EPC rating B), featuring an air source heat pump, with underfloor heating to the ground floor and radiators to the first floor, high level of insulation and Upvc sealed unit double glazed windows. The Council Tax rating is currently Band F and for peace of mind the property is covered by a 10 year Professional Consultants Certificate.
Littleport is a well served village situated about 6 miles north of Ely. There is a good range of facilities including dentist, doctors surgery, supermarket, sports centre and schools catering for all ages. There is also a mainline railway station with regular services to Ely, Cambridge and London. More extensive facilities are available in nearby Ely.
Front entrance door to:-
Entrance Hall: - Tiled floor, stairs to first floor, with storage cupboard under, doors to kitchen, sitting room and cloakroom.
Cloakroom: - Tiled floor, extractor fan, low level WC and vanity wash basin with cupboard under.
Sitting Room: - Dual aspect, fireplace and full height bi-fold glazed doors to garden.
Kitchen/Dining/Family Room: - Triple aspect, sink unit, quartz work surfaces, extensive range of matching, soft closing, drawers and base and wall mounted cabinets. Island and range of Caple integrated appliances comprising double oven, induction hob with extractor fan above, dishwasher and American style fridge/freezer. Tiled floor, full height bi-fold glazed doors to garden and door to:-
Utility Room: - Sink unit, quartz work surfaces, position for washing machine and tumble dryer and glazed door to garden.
First Floor: -
Landing: - Loft hatch to roof space, linen cupboard, doors to all bedrooms and bathroom.
Bedroom 1: - Large built in double wardrobe with shelf, hanging rail and lighting, open access to dressing area with door to:-
En Suite Shower Room: - Tiled floor, extractor fan, low level WC, vanity wash basin with cupboards under and corner shower cubicle.
Bedroom 2: - 2 velux windows and door to:-
En Suite Shower Room: - Tiled floor, extractor fan, velux window, low level WC, vanity wash basin with cupboards under and corner shower cubicle.
Bedroom 3: - Large built in double wardrobe with shelf, hanging rail and lighting.
Bedroom 4: - Large built in double wardrobe with shelf, hanging rail and lighting.
Bedroom 5: - Large built in double wardrobe with shelf, hanging rail and lighting.
Bathroom: - Tiled floor, extractor fan, low level WC, vanity wash basin with cupboards under, panelled bath and corner shower cubicle.
Outside: - Open plan gravelled areas to front and block paved driveway to side leading to a Double Garage with twin electronic remote controlled roller doors, power, light and hot water cylinder. Pedestrian access to both sides of the house lead to a large, enclosed, south facing garden which will be turfed after completion.
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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