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£1,100,000 Guide Price
Bedrooms
Bathrooms
LOCATED in a PRIME POSITION in the HUGELY SOUGHT AFTER CAMBRIDGESHIRE COUNTRYSIDE VILLAGE of HEMINGFORD GREY with VIEWS of the neighbouring CHURCH & THE RIVER GREAT OUSE. THE OLD COTTAGE BUILT in the mid 1500s & NESTLED on 0.28 of AN ACRE (sts), is a UNIQUE & INCREDIBLY SPACIOUS 3,474 SQ FT, FOUR DOUBLE BEDROOM GRADE II RESIDENCE. The PROPERTY & SURROUNDING LAND was once owned by RENOWNED ARTIST, WALTER DENDY SADLER & FEATURED in some of his paintings.
The VILLAGE shares many FACILITIES with neighbouring HEMINGFORD ABBOTS: VILLAGE SHOP, POST OFFICE, PRIMARY SCHOOL, SPORTS PITCHES and the AWARD WINNING COCK pub which is situated just a SHORT WALK from the PROPERTY. Between the two villages there are a variety of clubs, societies and activities such as the ANNUAL REGATTA and BIENNIAL FLOWER FESTIVAL.
The Hemingfords (Abbots and Grey) are situated along the banks of the River Great Ouse and are well-known as a very picturesque and sought-after Cambridgeshire village. Much of the villages are in a Conservation Area with many thatched cottages and barns and other architecturally important buildings such as the Grade I listed church with its spire being a landmark for miles around the Ouse valley.
''GUIDE PRICE of 1,100,000 to 1,200,000''
PROPERTY MEASUREMENTS
ENTRANCE HALL - 2.84m x 1.89m
PANTRY - 1.81m x 1.24m
KITCHEN - 5.13m x 2.75m
CONSERVATORY - 4.32m x 3.59m
DINING ROOM - 6.38m x 5.10m
STUDY - 1.99m x 1.44m
LIVING ROOM - 6.57m x 6.29m
LANDING - 4.16m x 1.63m
MASTER BEDROOM - 7.00m x 5.49m
BEDROOM TWO - 5.55m x 5.38m
BATHROOM - 3.06m x 2.58m
BEDROOM THREE - 3.93m x 3.87m
BEDROOM FOUR - 3.79m x 2.72m
BATHROOM - 3.50m x 1.72m
GARAGE - 10.95m x 4.04m
DARK ROOM - 1.85m x 0.94m
ABOUT HEMINGFORD GREY
The Old Cottage is situated on the picturesque Church Street, a no-through road in the popular village of Hemingford Grey which is situated between Huntingdon (4.5 miles) and the University City of Cambridge (15.6 miles).
The Hemingfords (Abbots and Grey) are situated along the banks of the River Great Ouse and are well-known as a very picturesque and sought-after Cambridgeshire village. Much of the villages are in a Conservation Area with many thatched cottages and barns and other architecturally important buildings such as the Grade I listed church with its spire being a landmark for miles around the Ouse valley.
Hemingford Abbots has excellent facilities: across the road from the Axe & Compass pub is the purpose-built Village Hall and playing field. The playing field with open grassland is equipped with modern childrens play equipment. The village shares many facilities with neighbouring Hemingford Grey: village shop, post office, primary school and sports pitches and the award winning Cock pub. Between the two villages there are a variety of clubs, societies and activities such as the annual Regatta and biennial Flower Festival.
Transport
The Hemingfords sit between the towns of Huntingdon and St Ives where a wider selection of shops, restaurants and leisure facilities are available. The newly modified A14 provides quick and easy access into Cambridge and links to the A1, M11 and the national motorway network. Huntingdon has a railway station, approx. 10 minutes drive away, with fast trains into London Kings Cross in approx. 50 minutes and links to the North via Peterborough whilst St Ives offers the Guided Busway service to the Cambridge Science Park and city centre.
Education
There is a good selection of primary schools including: Hemingford Grey Primary and Houghton Primary, both Ofsted rated: Good. There are also several well-regarded secondary schools in the neighbouring towns such as Hinchingbrooke school in Huntingdon and St Ivo Academy in St Ives. Independent schools in Cambridge and Kimbolton are also within easy reach.
PROPERTY DISCLAIMER
NOTE TO ALL INTERESTED PARTIES We always endeavour to make our sales particulars as accurate and reliable as possible, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All measurements have been taken as a guide to buyers only, and are not precise.
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: 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.
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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