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£650,000
Bedrooms
Bathrooms
' Substantial Family Home in no-through-road ' 10 mins WALK TO STATION ' 5 DOUBLE bedrooms + 3 Ensuites ' Rear EXTENSION with lantern skylight & Bi-folds ' Magnificent re-modelled Kitchen with Island ' 2 large receptions ' Double length garage ' SOUTH FACING GARDEN ' See WALK-THROUGH VIDEO here...
A fine choice for the growing family with five double bedrooms, an extended ground floor providing truly generous living space, south-facing landscaped garden and the convenience of a mainline station direct to London St Pancras just 10 mins walk away.
LOCATION
A looped cul-de-sac within Arleseys Church End, about 10 mins walk to the station in one direction with the A507 leading to the A1 just 2 minutes drive in the other direction. Theres a large local convenience shop just a few minutes walk away and country walks including the Hicca Way and river accessed via the rail bridge at the station. Chancellors is a family friendly environment with a gated play area enclosed within the cul-de-sac loop.
ACCOMMODATION
Originally a large house by design, it has been further extended on the ground floor with an extension to the Dining Room including bi-fold doors onto the patio and a large lantern skylight. This room is now more of a family/dining room and complements the already generous living room to the front with double doors between the two spaces. The kitchen is in keeping with the house size and features a large quartz-wrapped island and all integrated appliances. Five double bedrooms, three with ensuites (two are large Masters), a family bathroom and guest cloakroom means its a true growing family house.
WORTH NOTING
The bedrooms in the house offer some family-beneficial options which can be helpful depending on your familys lifestyle - notably that there are two large Master Bedroom options, one on the first floor and the other on the top floor (as well as a third ensuite bedroom) so you can choose where to be in relation to the other bedrooms. The fifth bedroom (by no means the smallest) on the top floor is proportioned to make an ideal family room / playroom / tv and office room / teenager bedroom - see photos.
PLOT
Number one point here is the south-facing garden (vital in a street of tall houses) which has been attractively landscaped and despite the direct sunny aspect still offers areas of shade. A really lovely place to be.
Arlesey mainline station (direct London St Pancras from 39 mins) 0.5 miles about 10 minutes walk
Nearest local shop 0.2 miles about 4 mins walk
Nearest pub The Old Oak near the station, with garden
A1(M) J10 3.2 miles about 6 mins drive
Letchworth Garden City centre 4.2 miles about 9 mins drive
Hitchin centre 6.6 miles about 15 mins drive
Council tax band F
EPC commissioned
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, whilst planned development within Arlesey is expected see expanded local facilities in the near future.
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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