4 bedroom semi-detached for sale

£599,000

4

Bedrooms

2

Bathrooms

Floorplan

' BIG & BEAUTIFUL! ' Lavish family home OVER 2000 SQ FT ' Four DOUBLE bedrooms inc Master Ensuite ' Grand reception with FIREPLACE & SKY LIGHTS ' Second large Living/Family Room ' Luxurious EAT-IN KITCHEN by HOWDENS & matching Utility ' West / South aspect garden ' See WALK-THROUGH VIDEO here....

One of the largest homes in the area and just 10-12 mins walk to Arleseys mainline station. The home originally benefitted from an over-size plot and has been considerably extended on both floors to provide magnificent family size accommodation, still leaving a generous West / South aspect rear garden and front parking for at least four cars.

In our opinion this is one of the best proportioned family homes available and will meet most peoples tick-lists. Imagine having four bedrooms, all of which are generous doubles with Master featuring built-in wardrobes and an Ensuite. Imagine having your beautiful stately sized formal Living Room with a fireplace, skylights and doors overlooking the garden. But wait! Now you need another Living Room for the children/teenagers - a full-size TV/Family Room/Playroom/homework space - and thats here too. You dream of a recently fitted high-end Kitchen with enough space for a family dining table that also overlooks the garden through broad french doors - tick! A separate Utility Room? Not only is that here too but its large and fitted to match the Kitchen. And of course theres a guest cloakroom/WC in the entrance. 2000 sq ft makes a truly generous family home and this is demonstrated not just in the room list but in the hallways and the overall ambience.

High points in detail:
Kitchen & Utility by Howdens, Neff and Bosch integrated appliances, bespoke HANEX solid counters, travertine flooring
Skylights: remote control venting
Extensive sandstone patio, exterior lighting (fixed and PIR)
Garden enclosed left/rear by concrete post fencing, right with brick wall.
Former garage now approx 10 x 10 provides accessible storage for bikes/garden apparatus etc
Block paved frontage with parking for 4+
Side access to rear via arch-top gate in front elevation wall

Amenities:
Arlesey mainline station (direct London St Pancras from 39 mins) 0.6 miles 10-12 mins walk
Nearest local shop 0.3 miles about 6 mins walk
Nearest pub The White Horse (thatched, family garden) 0.3 miles about 6 mins walk
Lower school Gothic Mede 0.6 miles
Secondary school Etonbury 0.9 miles
Letchworth Garden City centre (& alternative train line to Kings Cross) 4.2 miles
Hitchin centre 5.5 miles
Council tax band D
EPC commissioned: TBA

Arlesey is a large, growing village just North of the Beds/Herts border, surrounded by countryside yet within easy reach of the A507 and A1(M). The village offers a range of local shopping, pubs and food outlets and significantly a Mainline Railway station with direct travel to London St. Pancras in under 40 minutes. Dating back as long as the 1086 Domesday Book, there is a broad range of home styles and building eras - something for everyone! Gothic Mede Academy provides Primary education in the middle of the village, with numerous Secondary options including Etonbury Academy on the Arlesey/Stotfold border. Further facilities and shopping are available within a few miles in the larger towns of Letchworth Garden City and Hitchin to the South.



Features
  • Freehold

Mortgage Calculator

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

Monthly Payment: £2,590.48

Total Interest: £333,571.55

Overall Total: £932,571.55

Amortization For Monthly Payment: £2,590.48 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£18,991.64 £12,094.07 £586,905.93 
2026£18,598.91 £12,486.81 £574,419.11 
2027£18,193.42 £12,892.30 £561,526.81 
2028£17,774.76 £13,310.96 £548,215.85 
2029£17,342.50 £13,743.22 £534,472.63 
2030£16,896.21 £14,189.51 £520,283.13 
2031£16,435.43 £14,650.29 £505,632.84 
2032£15,959.68 £15,126.04 £490,506.80 
2033£15,468.49 £15,617.23 £474,889.57 
2034£14,961.34 £16,124.38 £458,765.19 
2035£14,437.72 £16,647.99 £442,117.20 
2036£13,897.11 £17,188.61 £424,928.59 
2037£13,338.93 £17,746.79 £407,181.80 
2038£12,762.63 £18,323.09 £388,858.71 
2039£12,167.61 £18,918.10 £369,940.61 
2040£11,553.28 £19,532.44 £350,408.16 
2041£10,918.99 £20,166.73 £330,241.44 
2042£10,264.10 £20,821.61 £309,419.82 
2043£9,587.95 £21,497.77 £287,922.06 
2044£8,889.84 £22,195.87 £265,726.18 
2045£8,169.07 £22,916.65 £242,809.53 
2046£7,424.88 £23,660.84 £219,148.69 
2047£6,656.53 £24,429.19 £194,719.51 
2048£5,863.23 £25,222.49 £169,497.02 
2049£5,044.17 £26,041.55 £143,455.46 
2050£4,198.50 £26,887.21 £116,568.25 
2051£3,325.38 £27,760.34 £88,807.91 
2052£2,423.91 £28,661.81 £60,146.10 
2053£1,493.16 £29,592.56 £30,553.54 
2054£532.18 £30,553.54 £0.00 

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

£ 484,375

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 32,667

Cumulative Rental Profit

£ 326,670

Cost of Purchase

£ 35,125
  • Stamp Duty
    £ 17,450

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

  • Refurbishment Budget
    £ 14,975
  • 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

£ 39,213
  • Mortgage Interest
    £ 21,797

    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)
    £ 9,488
  • Letting Fee
    £ 240
  • Maintenance
    £ 7,188
  • 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

£ 668,253
  • Final Equity Profit
    £ 341,583

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

  • Cumulative Rental Profit
    £ 326,670

    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

£ 975,708

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

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