5 bedroom detached for sale

£995,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

SITUATED just TEN MILES AWAY from CAMBRIDGE CITY CENTRE on this PRESTIGIOUS DEVELOPMENT in the VILLAGE of OVER & SURROUNDED by PICTURESQUE CAMBRIDGESHIRE COUNTRYSIDE. This EXQUISITE A RATED, FIVE DOUBLE BEDROOM DETACHED EXECUTIVE FAMILY HOME is built to an EXCEPTIONAL STANDARD with a LUXURIOUS SPECIFICATION throughout. GREEN ENERGY FEATURES including SOLAR PV PANELS, AIR SOURCE HEAT PUMP, UNDERFLOOR HEATING & SMART ELECTRIC VEHICLE FAST-CHARGING POINT.

'' INCENTIVES AVAILABLE on this PROPERTY, for more information on what this entails, please contact us quoting 'LENNON JAMES HANWELL ''

PROPERTY MEASUREMENTS

STUDY - 3.40m x 2.60m

WC - 1.50m x 1.42m

LIVING ROOM - 4.66m x 3.87m

KITCHEN/DINING ROOM - 7.22m x 5.44m

DINING ROOM - 3.77m x 2.59m

UTILITY ROOM - 2.13m x 1.67m

PRINCIPAL BEDROOM - 4.08m x 3.35m

DRESSING AREA - 4.07m x 2.04m

EN-SUITE BATHROOM - 3.08m x 2.83m

BEDROOM TWO - 4.30m x 3.11m

EN-SUITE SHOWER ROOM - 3.02m x 1.33m

BEDROOM THREE - 4.20m x 2.64m

BEDROOM FOUR - 2.96m x 2.71m

BEDROOM FIVE - 3.38m x 1.81m

BATHROOM - 3.09m x 2.14m

ABOUT THE VILLAGE of OVER in CAMBRIDGESHIRE

The popular village of Over lies approximately 10 miles north-west of the historic university city of Cambridge, blending traditional charm with contemporary delights. Explore the citys renowned university buildings, museums, art galleries, and indulge in gastronomic pleasures from quaint cafes to Michelin-starred restaurants., providing easy access to A1 and M11.

The nearest stop for the Guided Busway is just a mile away in neighbouring Swavesey; this is a direct route west to the market town of St Ives and south to the city of Cambridge, stopping at the Science Park, Train Station and Addenbrookes Hospital. Parallel to the Busway is a cycle path which is also popular for runners and walkers.

The community centre in Over, located next to a sports field and childrens play area holds many events such as weddings, parties and sports matches. The village green is the perfect place to watch a cricket match, walk the dog or play football.

There are two preschools, a successful primary school and Over is within the catchment for Swavesey Village College, which was rated as outstanding by Ofsted following their most recent inspection.

Along the High Street is a convenience store, village garage, a pub and hairdressers. A butcher, bakery, farm shop and Co-operative are located in the neighbouring village of Willingham with its tea rooms and popular eatery. Wonderful walks can be enjoyed in the outlining countryside including orchards which are open to the public, the picturesque fen or along Chain Road to the River Ouse. A short walk to the RSPB Ouse Fen Nature Reserve for bird watching just north of the village with parking and access to the rive

Beyond the charms of Over itself, the surrounding area offers a wealth of experiences. The Historic city of Cambridge lies a mere 10 miles away, blending traditional charm with contemporary delights. Explore the citys renowned university buildings, museums, art galleries, and indulge in gastronomic pleasures from quaint cafes to Michelin-starred restaurants.

Additionally, the strategic location provides easy access to transport links for day trips to neighbouring Suffolk, Norfolk, Essex, or even London. Seize the opportunity to explore beautiful coastlines, activities, and towns, enriching your leisure pursuits.

PROPERTY DISCLAIMER

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, HIPLA, who will contact you directly. They will need the full name, date of birth, current address and proof of address through a form of ID and utility bill. There is a nominal charge of 50 including VAT for this (for the transaction not per person), payable direct to Lennon James Property. Please note, we are unable to issue a memorandum of sale until the checks are complete.

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: This property has been digitally staged. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these details should be independently verified by prospective buyers. Neither Lennon James or any of its employees have any authority to make or give any representation or warranty in relation to this property

DISCLAIMER: Whilst these particulars are believed to be correct and are given in good faith, they are not warranted, and any interested parties must satisfy themselves by inspection, or otherwise, as to the correctness of each of them. These particulars do not constitute an offer or contract or part thereof and areas, measurements and distances are given as a guide only. Photographs depict only certain parts of the property. Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances.

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

£ 814575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 24875
  • 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

£ 68325
  • 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.

£

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.

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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