2 bedroom cottage for sale

£375,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

This delightful Grade ll listed cottage forms part of a picturesque street scene, set in the heart of this most sought after East Hertfordshire village.
Benefitting from a generous 80ft rear garden and gas central heating, this super country home offers character features to include exposed, painted wall and ceiling timbers and a cosy fireplace with attractive wood burning stove in the sitting room.
To the ground floor, the accommodation provides: sitting room, dining room and kitchen.
The upstairs is generous in size as the living area spans the covered walkway and offers two bedrooms and a first floor bathroom.

Location - Braughing is one of East Hertfordshires premier villages and lies just a mile or two off the A10. The village has a wealth of period property, St Marys church, excellent public houses/restaurants and the well regarded Jenyns First School.
The neighbouring towns of Ware (approx. 7.5 miles) and Bishops Stortford (approx. 9.5 miles) both provide extensive amenities including rail connections serving London Liverpool Street.

Accommodation - Front door opening to:

Sitting Room - 3.48m x 3.35m (115' x 1011') - Dual aspect room with sash window to front and window to side. Feature fireplace with brick surround and inset log burning stove. Built in cupboard housing meters and fuse board. Exposed beams. Radiator. Open plan to:

Dining Room - 3.45m max x 2.90m (113' max x 96') - Window to rear aspect. Feature fireplace with brick surround (not in use) Radiator. Staircase to first floor.

Kitchen - 3.43m x 2.24m (113' x 74') - Dual aspect sash windows to rear and side aspect. Stable door leading to rear garden. Matching range of wall and base units with roll edge worksurface over and tiled splashbacks. Inset single sink and drainer with chrome mixer tap over. Inset 4 ring gas hob with extractor over. Built in oven and space for tall fridge/freezer and plumbing and space for washing machine and tumble dryer. Wall mounted gas fired boiler.

First Floor - Loft access and doors to:

Bedroom One - 3.53m x 3.35m (116' x 1011') - Sash window to front aspect. Decorative fireplace. Radiator.

Bedroom Two - 3.07m x 2.64m (100' x 87') - Sash window to rear aspect. Radiator.

Bathroom - 2.95m x 2.11m (98' x 611') - White suite comprising panel enclosed bath with brass mixer tap over with shower attachment, pedestal wash hand basin with brass taps over and low flush W.C. Part tiled walls. Frosted sash window to rear aspect. Built in linen cupboard.

Exterior - To the side of the property there are double doors to a shared covered passage. This leads through to the rear garden and also provides under cover storage. This is shared with the immediate neighbour.

Rear Garden - 24.38m approx (80 approx) - Lovely cottage style garden. Patio area to the immediate rear with steps up to a lawn area and pathway with mature borders.

Services - All mains services connected. Gas central heating to radiators.
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

£ 312075

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
    £ 9375
  • 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

£ 30825
  • 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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