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£450,000
Bedrooms
Bathrooms
' CHAIN FREE SALE ' Deceptively large 5 bedroom semi ' Two living rooms - ideal home for those with kids! ' Separate Dining Area ' Lovely re-fitted Kitchen ' Master Ensuite ' Driveway to side for 2 ' See WALK-THROUGH VIDEO here....
This family size home is great for larger familes and those needing work-from-home space. Originally built in 2007 it has later been extended, both at the back and into the loft. You have to see the back photo to get an idea of how much is here. The road is centrally located in this expanding village (with mainline train station) and is just a short walk to both the village Lower School and local shops.
In addition to 5 bedrooms, including a Master with Ensuite shower, there are 3 extra rooms at the back including one for Dining, one ideal as a coats/shoes/kids stuff room (that connects the driveway to the back garden) and a garage conversion that can provide either a 2nd TV room or ideal home office space.
The whole property is decorated in a contemporary style with a great Kitchen re-fit, a downstairs cloakroom, zero maintenance rear garden and all in a family-friendly location close to amenities.
Arlesey Mainline station (direct London St Pancras from 39 mins) 1.5 miles 5 mins by car
Nearest local shops 0.4 miles 7 mins walk
Lower school Gothic Mede Academy 0.4 miles 7 mins walk
Letchworth Garden City (centre and alternative mainline station) 3.6 miles 9 mins by car
Hitchin centre 5.0 miles 13 mins by car
Council tax band C
EPC: 76 C
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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