10 bedroom detached for sale

£795,000

10

Bedrooms

3

Bathrooms

Floorplan

Exceptional Investment Opportunity Two Interconnected Properties | Hudcar Lane & Back Haslam Street, Chesham, Bury

An incredibly rare opportunity to acquire two substantial and versatile properties originally one large residence now thoughtfully divided into two individual homes in 2017. Located in the heart of Chesham, Bury, this unique setup presents a wealth of possibilities for investors, large families, or those seeking to live and work from home. Whether utilised as two separate dwellings, a multi-generational family home, or part residential/part commercial, this offering is both flexible and full of potential.

Together, the properties boast 9/10 bedrooms, multiple reception rooms, two conservatories, a salon with facilities, a private rear garden, and a workshop, all while retaining the charm and character of the original structure.


Property 1 'Primrose Cottage', Hudcar Lane (4 Bedrooms + Salon)
Accessed via a gated side entrance, Primrose Cottage exudes space. The accommodation comprises:

A welcoming living room with an open-plan layout leading into a bright and relaxing conservatory, overlooking the rear garden.
A second spacious lounge, ideal for family gatherings or flexible use.
A well-appointed kitchen complete with built-in pantry storage, perfect for family cooking and organisation.
A separate laundry room and ground floor WC for added convenience.
Upstairs, this property offers:

Four bedrooms, including a generous master bedroom with en-suite shower room.
A modern family bathroom, servicing the remaining bedrooms.


To the side of Primrose Cottage is a self-contained salon with private access, comprising:

A main salon area ,astorage room and ashower Room with WC, offering excellent potential for a home-based business or conversion into additional living space (subject to planning).

Property 2 Back Haslam Street (5/6 Bedrooms)
With its own private entrance from Back Haslam Street, this second residence offers equally spacious and adaptable accommodation, including:

An inviting hallway leading to all principal rooms.
A comfortable living room with opening through to a conservatory.
A cosy snug/bedroom 6 perfect as a reading room, home office, childrens playroom or a 6th bedroom.
A formal dining room with open access into the fitted kitchen, ideal for family meals and entertaining.
A ground floor WC for added convenience.
Upstairs, youll find:

Five well-proportioned bedrooms, offering ample space for family or guests.
A contemporary shower room, catering to the upper floor.

External Features
The rear of the property is home to a large garden, providing outdoor relaxation and entertaining space. Additionally, a large workshop is situated within the garden ideal for storage or hobbies.


Summary
A truly unique opportunity with potential to generate rental income, accommodate extended family, or run a home-based business where the possibilities are endless.

Early viewing is strongly advised to fully appreciate the scale, flexibility, and potential of this outstanding investment.

Hudcar Lane

Additional Information:

Tenure: Freehold

Council Tax Band: B

EPC Rating: C

Back Haslam Street

Additional Information:

Tenure: Freehold

Council Tax Band: C

EPC Rating: C

Hudcar Lane Ground Floor

Conservatory - 3m x 5.5m (910' x 180')

Living Room - 5.8m x 5.5m (190' x 180')

Lounge - 5.8m x 5.3m (190' x 174')

Kitchen - 4.7m x 3.6m (155' x 119')

Laundry Room - 3.4m x 1.1m (111' x 37')

WC - 3.4m x 1.9m (111' x 62')

Hudcar Lane First Floor

Bedroom 1 - 5.8m x 7.8m (190' x 257')

En-suite - 2.3m x 1.8m (76' x 510')

Bedroom 2 - 3.3m x 6m (109' x 198')

Bedroom 3 - 3.8m x 4.8m (125' x 158')

Bedroom 4 - 4.7m x 2.4m (155' x 710')

Bathroom - 1.6m x 4m (52' x 131')

Back Haslam Street Ground Floor

Conservatory - 2.2m x 4.4m (72' x 145')

Living Room - 3.3m x 4.2m (109' x 139')

Dining Room - 3.5m x 5.1m (115' x 168')

Kitchen - 4m x 2.5m (131' x 82')

WC - 2.5m x 2.2m (82' x 72')

Snug - 3.4m x 4m (111' x 131')

Salon - 4.8m x 5.1m (158' x 168')

Back Haslam Street First Floor

Bedroom 1 - 2.5m x 5.3m (82' x 174')

Bedroom 2 - 2.3m x 4.2m (76' x 139')

Bedroom 3 - 3.2m x 3.5m (105' x 115')

Bedroom 4 - 3.5m x 2.6m (115' x 86')

Bedroom 5 - 2.8m x 2.8m (92' x 92')

Shower Room - 2.8m x 2.2m (92' x 72')

Salon WC & Shower Room - 1.4m x 5m (47' x 164')

Workshop - 2.7m x 2.3m (810' x 76')



Features
  • Freehold

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

£ 658575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 19875
  • 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

Adjust these figures

£

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

£ 62325
  • 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
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  • Maintenance
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  • 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

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

  • Cumulative Rental Profit
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    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.

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