6 bedroom detached for sale

£900,000

6

Bedrooms

4

Bathrooms

Floorplan

This meticulously renovated 4150 sq ft chain-free residence offers an exceptional blend of contemporary design, spacious living and unparalleled flexibility. Set within a peaceful location, the property is ideally suited for families seeking expansive living space or those requiring a self-contained annex for multi-generational living, a space to work from home or guest accommodation.

The entrance door to this outstanding renovated home leads to an open plan hall and large reception room with fantastic views over the garden and idyllic lake at the rear, with an oak staircase and storage cupboards, and oak doors throughout the interior. The modern kitchen is fully equipped with integrated appliances, ample worktop space, and a central island, ideal for both casual dining and entertaining. An adjoining spacious lounge with four sets of French doors offering outstanding views over the lake and providing a perfect setting for family meals; there is a separate utility room and another office/reception room, perfect for those working remotely or requiring additional private space. Leading down from the lounge is what was previously used as a self-contained annexe and could easily be converted back, if required, comprising a particularly large reception room, which could be the living space and a bedroom, plus a renovated ground-floor shower room. Continuing from the main entrance hall, you will find three bedrooms and a beautifully finished family bathroom, complete with a walk-in shower and a high-quality bathroom suite.

The first floor is home to three bedrooms, all with lovely views over the lake; two well-proportioned bedrooms, each offering space and with natural decor and carpets plus the master suite, which is a particular highlight with a luxurious en-suite. There is also a beautifully appointed family bathroom, with bath, separate shower and double vanity.

In addition to the master suite, the five bedrooms are flexible in their use, whether as childrens rooms, guest rooms, or dedicated spaces for work or relaxation.

Potential Annex:

A notable feature of this home is the potential annex. The annex offers private access and includes a spacious living area, kitchenette, bedroom and bathroom, making it suitable for a variety of uses, including independent living for family members, a home office, a gym with fantastic views of the lake or a self-contained rental unit. The annex could also be easily integrated into the main house if desired, offering further flexibility in how the space is utilized.

OUTSIDE AND PARKING

Outside, the property is equally impressive, with beautifully landscaped gardens which overlook the serene lake with a backdrop of mature surrounding trees. The lake adds an element of tranquillity, offering a peaceful spot for relaxation and the potential for a private dock or a small boat to sit at the waters edge. The private entrance from Twenty Pence Road leads to a gated entrance and a large expanse of gravel provides off-road parking for multiple vehicles. The adjoining double garage has an electric up and over door and with power connected, offering the potential of a workshop and vehicle garaging. The total plot is just over 0.5 acres.

The property also benefits from a private right of way through a neighbouring field leading to a public footpath and access to the nearby river.

LOCATION

Cottenham is one of the largest villages in Cambridgeshire with many facilities available and a wide range of properties, from period townhouses on the high street to more modern developments on the outskirts of the village. Transport links are excellent as the village is approximately 2 miles (4.83 kilometres) from the A10 and A14. In addition, the village has a regular bus service to both Cambridge and Ely.

Cottenham Primary School is located on Lambs Lane and Cottenham Village College provides both secondary schooling and a small sixth form provision for students with SEND, as well as adult learning classes and numerous after-school events.

Facilities include a gym, sports hall, tennis courts and sports field which are commonly used by the local community. Cottenham has a broad range of amenities including two doctors surgeries, a dental surgery, a library, two mini supermarkets, a newsagent with a post office, pharmacy, butchers, bakers, community coffee shop, fish & chip shop, a hairdressers, barbers and beauty salon, two pubs, an award winning Indian restaurant and a village hall.


EPC Rating: D

Garden

With views of the lake from any point in the rear garden.

Map location is not available for this property.

Mortgage Calculator

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 )

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

£ 745200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 22500
  • 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

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£

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

£ 70200
  • Mortgage Interest
    £

    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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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

Notes

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