4 bedroom unique for sale

£1,100,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

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.



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

£ 906450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 27500
  • 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

£ 81450
  • Mortgage Interest
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    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)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

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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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Final Property Value

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