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£775,000
Bedrooms
Bathrooms
The original cottage has been sympathetically and extensively renovated to retain its traditional features. With the addition of an amazing bespoke oak framed extension to the rear and a lovely oak porch at the front. In addition to the large integral drive through garage, there is ample off road parking and to both sides of the house there are gates which lead to a landscaped, south facing, enclosed garden.
Ground Floor
Through the half glazed oak front door, there is a lovely entrance hall with limestone, flag flooring, which continues throughout the whole of the downstairs. In the entrance hallway, there is a striking, brick built, feature fireplace, housing a double sided wood burner. There is a door to the sizable garage, which houses the hot water cylinder and boiler. There is also plumbing for a washing machine. Ledge and brace oak doors lead to the cloakroom and to a cosy sitting room, which features a stylish glass and oak staircase.
Also on the ground floor to the rear of the property is an impressive open plan kitchen/diner. A handmade fitted kitchen with ample storage and a large island, make this area perfect for entertaining. The appliances comprise of a Stoves electric range cooker with 5 ring induction hob and cooker hood. French style Samsung fridge freezer and Smeg integrated dishwasher. The dining area boasts a stunning double height, oak frame extension with feature chandelier. In addition, there are six bi fold doors which open on to the garden.
First Floor
The first floor comprises of a large mezzanine lounge area, with a glass balustrade, which overlooks the dining area and garden. There is a drop down screen and projector for those film nights.
Also on this floor there are three beautiful double bedrooms all with oak beams. Bedrooms one and two have en suite shower rooms with tiled floors.
Both bedroom one and the mezzanine lounge have cable lighting which enhances the beauty of the oak beams.
The family bathroom is designed with a spa feel. It has a large walk in shower and jacuzzi bath with mood lighting, fitted units with counter tops and a tiled floor .
All in all this beautiful contemporary home is ideal for comfortable modern living with a cosy, country cottage feel .
Location
This property is situated in the picturesque Bedfordshire village of Stevington which has a friendly, vibrant community. The village boasts a traditional country pub, social centre, community shop, sailing club and a working windmill. Stevington is approximately 5.5 miles north west of Bedford train station so St Pancras, London is under an hour away.
Property reference: IATA28719
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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