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Office One The Greystones, Green End Road, Huntingdon Cambs, PE28 5ST
£425,000
Bedrooms
Bathrooms
Reception
The property is entered via the front, opening into a welcoming hallway with tiled flooring, a radiator, and doors leading to the lounge, kitchen, both bedrooms, and the shower room.
Lounge 3.64m x 5.48m A generous dualaspect reception room with windows to the front and rear, a feature fireplace, and radiators.
Kitchen 4.16m x 3.07m > 2.12m Fitted with a range of wall and base units, the kitchen includes a sink with mixer tap, space for a washing machine and fridge/freezer, and a wallmounted boiler. There is a pantry, an additional storage cupboard, a window to the rear, and a UPVc door leading into the conservatory.
Conservatory 3.00m x 3.63m Constructed mainly of UPVc with a dwarf wall, this bright space offers double doors to the side providing access to the rear garden.
Master Bedroom 3.64m x 3.63m Located at the rear of the property, the master bedroom features a window overlooking the garden and fitted storage cupboards.
Bedroom Two 3.63m x 3.01m A second double bedroom positioned at the front of the property with a window to the front aspect.
Shower Room Fitted with a wash hand basin set within a vanity unit, a lowlevel WC, and an enclosed shower with sliding door. There is a frosted window to the side.
Outside
Front GardenMainly laid to lawn with mature hedging, shrubs, and bushes. Side access leads to the single garage.
Garage A single garage with upandover door, power, and lighting. There is a workshop at the rear of the garage.
Rear Garden Fully enclosed and impressively sized, extending over 100ft in length and more than 40ft in width. Predominantly laid to lawn with a patio area, offering excellent outdoor space.
Map location is not available for this property.
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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