5 bedroom link detached house for sale

£975,000

5

Bedrooms

3

Bathrooms

Floorplan

RARE OPPORTUNITY - Situated within Bishops Stortfords Green Belt and benefitting from a real rural retreat feel, yet within one mile of the town centre and mainline railway station, a truly rare opportunity to purchase an individual 5 bedroom period home with gardens and delightful parkland extending to 3.29 ACRES. In need of general refurbishment now, the existing house accommodation extends to 2788 sq ft and outside, there is an integral garage adjacent to the arched driveway opening and there is tremendous scope for the building of further garages and outbuildings, subject to the relevant permissions.

Side Entrance Lobby - Via entrance door under archway. Ceramic tiled floor. Door to walk-in storage/airing cupboard housing hot water cylinder and wall-mounted Worcester gas fired boiler. Door to Dining Room. Door to:

Utility Room - 2.24m x 1.83m (74 x 60) - Ceramic tiled floor. Wall and base units, works surfaces and sink unit. Plumbing for washing machine and space for tumble dryer. Radiator.

Dining Room - 4.85m x 4.75m (1511 x 157) - High ceiling. uPVC double glazed French doors to Conservatory. 2 radiators. Doorway opening to Inner Hall. Archway opening to Kitchen.

Kitchen - 4.88m x 3.66m (160 x 120) - Dual aspect uPVC double glazed windows to rear and uPVC double glazed window and French doors to Conservatory. High ceiling. Fitted wall, base and drawer units and work surfaces incorporating sink unit. Recess for range cooker. Space for large fridge/freezer. Plaumbing for washing machine.

Double Glazed Conservatory - 6.25m x 3.81m (206 x 126) - uPVC double glazed construction with brick base. 2 sets of upVC double glazed French doors to rear garden. Power and light connected.

Inner Hall - Radiator. uPVC double glazed windows and double doors to Conservatory. Rear access door.

Cloakroom - Contemporary suite with WC and wash hand basin with tiled surround. Heated towel rail.

Study/Bedroom - 3.51m x 2.49m (116 x 82) - Velux style skylight window. Radiator. Door from inner hall. Parquet floor.

Lounge - 6.65m x 4.83m (2110 x 1510) - Dual aspect uPVC double glazed windows to front and rear with 2 sets of French doors to rear garden. Radiator. Door to:

Rear Hallway - 3.61m x 1.96m main area (1110 x 65 main area) - Radiator. Double glazed window to front. Staircase to first floor and doors off to:

Bedroom - 4.14m x 3.66m (137 x 120) - 2 uPVC double glazed windows to rear. Radiator.

Bedroom Suite -

Dressing Area - 4.14m x 3.66m including chimney breast (137 x 12 - uPVC double glazed window to rear. Radiator. Arched opening to:

Bedroom Area - 3.78m max x 3.40m (125 max x 112) - uPVC double glazed French doors to rear garden. Door to:

En-Suite Bathroom - 2.69m x 2.46m (810 x 81) - White suite comprising spa bath with hand shower attachment, WC and wash hand basin. Glazed corner shower cubicle. uPVC double glazed obscure window. Extractor fan.

First Floor Landing - 3 uPVC double glazed windows to front. Door to recessed linen cupboard.

Bedroom - 3.61m x 3.05m + alcoves (1110 x 100 + alcoves) - uPVC double glazed window to rear. Radiator. Door to:

En-Suite Shower Room - Glazed shower cubicle, white WC and pedestal hand basin. uPVC double glazed obscure window. Heated towel rail.

Bedroom - 4.14m x 3.66m (137 x 120) - uPVC double glazed window to rear. Radiator.

Bedroom - 3.73m x 3.45m (123 x 114) - uPVC double glazed window to rear. Radiator.

Family Bathroom - 2.57m x 2.31m (85 x 77) - Large spa bath, WC and wash hand basin. Dual aspect obscure uPVC double glazed windows. Heated towel rail. Extractor fan.

Outside - 3.29 Acre Plot -

Garage - Integral single garage to the far side of the arched driveway entrance.

Extensive Parking And Potential For Outbuildings - There is extensive parking facilities for numerous vehicles and undoubted scope to build further garaging and outbuildings. There is a further gated driveway access point to the opposite end of the building to where the entrance archway is. The the side boundary there are a number of old brick storage outbuildings.

Rear Garden - Immediately to the rear of the house is the more formal garden area and shingle driveway parking areas. Picket fencing and a 5-bar gate then lead to the parkland acreage.

Parkland Acreage - A fantastic parkland area with mature trees and grassland.

Agents Note - All mains services are connected: mains water, electricity and gas central heating to radiators.
Waste water and sewerage via septic tank.
Broadband & mobile phone coverage can be checked at

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

£ 797075

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
    £ 24375
  • 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

£ 65825
  • 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

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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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