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£520,000
Bedrooms
' Magnificent gardens - approx 0.2 ACRE ' Church End - 5 mins WALK TO STATION ' End of cul-de-sac position ' EXTENDED detached home ' Three bedrooms, two receptions ' VERY LARGE GARAGE 8m x 4m ' Scope for further extension ' See WALK-THROUGH VIDEO here...
This extended detached home enjoys one of the largest plots in the area at approximately 0.2 acre allowing truly magnificent size gardens - must be seen to be appreciated. It is situated at the end of a cul-de-sac by the beautiful St Peters Chuch and only ablut 5 minutes walk to Arleseys mainline station with direct trains to London St Pancras.
The house provides generous 3 bedroom accommodation which has been further enhanced with the addition of a separate Dining Room and very large garage (8m x 4m, 26 x 13) with electric roller door. Clearly there is huge scope for further extension subject to planning consent.
Viewing is the only way to fully appreciate the grand scale of the plot and the opportunities that the property offers as a whole.
Arlesey mainline station (direct London St Pancras from 39 mins) 0.3 miles approx 5 mins walk
Nearest local shop - 250m approx 1 minute walk
A1(M) J10 - 3.5 miles approx 7 mins by car
Gothic Mede Academy (Lower) 0.9 miles
Etonbury Academy (Upper) 0.7 miles
Hitchin centre 6.0 miles
Letchworth Garden City centre 4.7 miles
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.
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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