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71 – 75 Shelton Street, Covent Garden, London
£650,000 Guide Price
Bedrooms
Bathrooms
This has to be one of the most attractive developments in the area! Positioned towards the end of this quiet, and exclusive cul-de-sac, 16 Hunts Mead stands proud within a 0.16 acre plot offering a wonderful south-facing rear garden, and parking for several cars... in addition to the double garage.
Thoughtfully designed, with energy efficiency in mind, the electric central heating system utilises an air-source heat pump, and our sellers have gone a step further by adding a generous array of solar panels with battery storage.
This generous home has been exceptionally well maintained and upgraded, both inside and out, and would suit couples and families alike, with plenty of space to work from home be that in the dedicated home office/study or the great studio situated above the garage... perfect for hobbies or as an additional bedroom - it is entirely up to you.
Taking you on a quick walk-through of the house...
The ground floor flows perfectly. You first step into a spacious, central entrance hall, with cloakroom/W.C. To your left is the triple-aspect living room which is afforded an attractive outlook over the close from the bay window, and patio doors open out to the rear terrace. A set of glazed internal doors open through to the dining area, from where, once again, double doors open to the terrace... it really is the ideal home for entertaining, be that indoors or out! The kitchen is generous in size, and fitted with a comprehensive range of cabinets and integral appliances, and this leads through to a separate utility room from where you can access the garden to the side and the rear door into the garage. The Kitchen/Dining room also has a glazed door leading back to the entrance hall. The final room on the ground floor is the study/home office, where some great additional storage has been created, and a second staircase takes you up to a really useful studio above the garage. So if you want a fifth double bedroom, a larger workspace, or somewhere to escape to enjoy your hobbies, then this is for you.
The primary staircase from the hall leads to the first floor, where you will find four good-sized bedrooms. The main bedroom benefits from a modern en-suite shower room, and the adjacent rear aspect bedroom has been fitted with wardrobes and is currently enjoyed as a dressing room. Another rear aspect double bedroom also benefits from fitted wardrobes, and the fourth bedroom, also a double, has views to the front. Completing the accommodation is the family bathroom, which is fitted with a modern suite comprising a bath and a separate shower cubicle.
Outside, the gardens are delightful, not only can they be accessed from several points within this home, there is a gate from the drive also. The mature trees beyond the rear boundary fence give you a real feel of being in the country, yet you are only minutes away from the nearest town. The garden itself is south-facing but you can always find areas of shade or strong sunlight depending on your preference, as the sun moves around during the day. The summer house is a wonderful spot from which to enjoy a good book, or simply relax, and the extended patio terrace is the perfect spot to enjoy a lunch or evening meal. There is even space for a vegetable/fruit garden with raised beds to one side and also a large timber shed/workshop for you to enjoy.
All in all this is a fabulous home, and we cannot wait to show you around.
There is an annual site management charge of approximately 600 for the upkeep of the communal areas and sewage treatment plant that serves the development (consequently there is no waste water charge on the water bill).
For additional material information on this property, please take a look at the 'Key Facts for Buyers Guide' in the brochure link.
LOCATION
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Forncett St Peter is a rural hamlet situated in the picturesque South Norfolk countryside; with local amenities including a Village Hall, Church, Primary School, and excellent countryside for walkers, cyclists and horse riding.
The nearby small town of Long Stratton provides a comprehensive range of everyday amenities including supermarket, takeaways,petrol station and post office.
Wider amenities can be found not far away at the historic market town of Wymondham; providing a good selection of local shops and restaurants, supermarkets, sports and recreation facilities. Norwich is around 10 miles away and offers an even wider range of shopping, cultural and leisure facilities.
There are main-line commuter connections for Ipswich, Diss and Cambridge at Wymondham and Norwich boasts its own main-line rail link to London Liverpool Street and also has an international airport. The A140/A11 corridors offer swift access to London in around 2 hours, with Cambridge only 1 hour distant.
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.
71 – 75 Shelton Street, Covent Garden, London
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