Stonebridge Estates & Lettings Limited

Office One The Greystones, Green End Road, Huntingdon Cambs, PE28 5ST

The old post office, st. james road, little paxton

£575,000 Guide Price

3

Bedrooms

3

Bathrooms

3

Reception

The property was formally a post office situated in the popular village of Little Paxton. The property is set in an beautiful grounds and has some out buildings, veranda and single garage. As you enter the property through the porch, you have a storage box to your left. The hallway has a storage cupboard and a door leading into the family room. The family room has doors leading to the study and to the lounge. There are windows to the front and rear with a door leading to the master bedroom. The study has a door leading into the rear garden and window to the front and side. The inner hallway has a door to the main bathroom and the lounge / diner. There is a door to an under stairs cupboard. The bathroom has a three piece suite comprising of a low level w.c. and wash hand basin and a panelled bath with an electric shower over. The lounge / diner has original beams which provide some separation of the rooms, there is a feature fireplace with an electric fire. There is a door leading to the first floor where the other two other bedrooms are located. The kitchen is off the dining room. The kitchen has a range of wall and floor mounted units providing plenty of storage space. There is a dishwasher, washing machine and fridge / freezer. There is a door leading to the rear garden. The master bedroom is located over the family room and has an en-suite and a dressing area. The en-suite has a bath with shower over, low level w.c and a wash hand basin set in a vanity unit. The dressing area has wardrobes with sliding doors. The other two bedrooms are located over the lounge and the dining room. They are both double bedrooms with storage space in the second bedroom. There is a W.C. with a wash hand basin located off the landing. The rear garden has a number of out buildings, with a veranda which has a usable hot tub. The garden has three different areas which the main rear garden is enclosed and has access to the barn. The side garden has access to a vegetable area and the front of the garden has the driveway and access to the single garage.

Nearest Stations:

1.55 miles
St.Neots
6.02 miles
Huntingdon
8.87 miles
Sandy
11.59 miles
Biggleswade
12.19 miles
Bedford St.Johns

Map location is not available for this property.

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

£ 477075

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
    £ 14375
  • 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

£ 45825
  • 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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