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£1,250,000
Bedrooms
Bathrooms
A rare opportunity to purchase the Burgess Lemonade Factory, a substantial detached property occupying the former site of the James Burgess Mineral Water Works, once a thriving local business producing Ampthills famous lemonade. Discreetly positioned in the heart of the town centre, the property combines space, privacy, and history in an exceptionally quiet setting.
Accessed through a private coach house entrance directly off Oliver Street, the property sits well back from the road and benefits from extensive parking along with gardens to the side and rear.
The main house offers flexible and well-balanced accommodation. The ground floor features an entrance hall leading to a spacious kitchen/dining room with doors to the main garden and a pantry cupboard. Off the kitchen is a ground-floor bedroom with en-suite shower room equally suitable as a family room or home office and a utility room with side access to the garden. The sitting room enjoys a large rear window overlooking the garden, a feature fireplace, and potential for a window seat. From here, a lobby provides access to the side of the house, a large understairs cupboard, a study, and stairs to the first floor.
Upstairs there are three bedrooms and a large family bathroom with bath and separate shower. The dual-aspect main bedroom is generous in size, and with the bathroom adjacent there is clear potential to add an en-suite if desired.
The extensive outbuilding includes a car port, workshops, and an annex, offering scope for conversion into additional living space, a studio, office, or gym. Subject to planning, there is further potential to extend or to add an additional garden building.
This is a significant piece of Ampthill real estate combining size, character, and flexibility in a quiet central position steeped in local history. Few properties in the town centre offer this much space or potential, making Old Burgess - The Lemonade Factory an exceptional and distinctive home.
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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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