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£250,000
Bathrooms
Reception
Key features
CHAIN FREE!
Character property in central village location.
Now grade 2 listed.
Please Note:
There is no working heating system
All plumbing is un-tested.
It is EPC exempt.
We believe it is currently un-mortgagable.
There is no residential use (currently) permitted.
We are seeking cash and chain free buyers only.
Summary
This delightful and characterful single story property dating back to 1842 sits central to the pretty village of Bluntisham. Currently owned by a charity, the building has recently been used by an amateur dramatics group and was historically, a charitable school for the majority of its life. It has now fulfilled its role and is looking for a new chapter, use and owner.
The building and grounds are in disrepair and are in need of love & investment.
Current Use Class is F1, any other uses will be subject to planning permission.
Property description
Use Class:
F1 (Learning & non-residential institutions). Includes: schools, galleries, museums, libraries, public halls, churches.
Full details:
The property fronts the high street with a wrought iron fence and pedestrian gates at either end.
A side access provides entry to the rear yard, outbuilding (which historically housed WCs) and the main entrance to the building.
Entrance Porch / with double glazed door leading into:
Entrance Lobby:
Leading to 2 x WCs (on to Cloakroom & kitchen and on to to Room 2)
Leading to Room 1
WCs:
2 x WCs. With pedestal wash hand basin, tiled splashbacks
Cloakroom:
Open area leading to Kitchen and Room 2
Kitchen:
10ft 11 x 7ft 7
Room1:
40ft 2 x 21ft 8
Leading to Room 2
Room 2:
23ft c 12ft 4
Outside:
Rear yard laid to tarmac with walled perimeter. Old WC block / Stores.
Amenities:
A well-served and sought-after village, Bluntisham offers a village hall, doctors surgery, public house, cricket club, village shop, outdoor gym and park, garage, caf, gym, hairdressers, Church and St Helens primary school.
Bluntisham is a very friendly place to live and a very active village, so theres always something to get involved in. The transport links are excellent, so theres always a range of options for going further afield.
Transport Links:
Cambridge is a 40 minute drive away. Huntingdon is about 20 minutes away, offering rail services into London Kings Cross from 40 minutes, whilst the market town of St Ives is about 10 minutes away, offering further amenities.
TENURE:
Freehold
SERVICES:
Mains gas (capped), electricity, water and drainage.
VIEWINGS:
Strictly by arrangement with Prestige Property
FIXTURES & FITTINGS:
All items included.
Tenure & Possession:
The property is for sale freehold with vacant possession on completion
Health & Safety:
In the interest of Health and Safety, please ensure that you take due care when inspecting any property.
Prestige-Property.co.uk
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Health & Safety
In the interest of Health and Safety, please ensure that you take due care when inspecting any property and respect others relating to Covid 19 and the safety of both you, our clients and our staff.
All details are intended to reflect the aforementioned property as accurately as possible but are by no means to be relied upon. Applicants are encouraged to view to make their own informed opinions. Prestige cannot be held responsible for any errors. We will endeavor to address any incorrect information should it be brought to our attention.
2024 Prestige GP Ltd. All rights reserved.
Local Authority
Huntingdonshire
Conservation Area
Bluntisham,Huntingdonshire
Flood Risk
Very low
Mobile coverage
EE
Vodafone
Three
O2
Broadband
Basic 5 Mbps
Superfast 65 Mbps
Satellite / Fibre TV Availability
BT
Sky
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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