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Chatteris, Cambridgeshire
a 4 bedroom semi detached house, formerly a stable block, converted
into a family home set down a private shared drive located
between Cambridge and Peterborough.
18% discount for a quick completion.
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Discount price |
£196,800 |
Property Price |
£240,000 |
Instant Discount |
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Rent back |
No |
Buy to let or sell |
Both |
Unit type |
4 bedroom semi detached house |
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| Buy to let or buy to sell deal |
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| This property is a delightful 4 bedroom semi detached former stable block converted into a good size family home offering immense character throughout.
It offers 4 bedrooms, 2 reception rooms, Kitchen and utility room, double garage and good size gardens. Room measurements are available on request.
The current owners inform us that they have refitted the kitchen, bathroom, heating and have decorated the property throughout in recent years. Some internal pictures are available below.
 

The property holds a wonderful position in the lovely county of Cambridgeshire, with Cambridge to the South and Peterborough to the North.
The property is offered with an 18% discount for a quick sale and legal completion as the vendor has now found a property to move to at a good price which in turn has enabled them to offer the same on their own.
The owner informs us the house was originally on the market at £250,000 and two buyers were secured at £240,000. Unfortunately one buyer was made redundant and the other became ill so were unable to complete the purchase. The move is now more urgent as the vendor has secured a property to buy.
Both previous buyers had a survey carried out, so it should be easy to find out who the surveyors were in order to use them for the purchase.
Market price £240,000
Purchase Price £196,800
Instant Equity £43,200
Monthly rent £800
This would be an ideal buy to sell deal as there is considerable equity between the market price and purchase price. This is a one off style property and immediate local evidence of price and rental is difficult to come across, however comfort is available with the previous buyers which were in place.
The vendor is providing a large discount in exchange for a quick transaction to help them move to their new property with the minimum of inconvenience.
Pinnacle property finders fee for this deal is 2% + vat of the gross purchase price. The buyer also agrees to pay the vendors legal fees for the sale up to £500
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| 10 year price table |
| The table below shows how the property purchased at a net price of £135,995 could grow over the next 10 years at 2%, 5% and 8% |
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Yr1 |
Yr2 |
Yr3 |
Yr4 |
Yr5 |
Yr6 |
Yr7 |
Yr8 |
Yr9 |
Yr10 |
Potential growth |
2% |
£138,714 |
£141,489 |
£144,318 |
£147,205 |
£150,149 |
£153,152 |
£156,215 |
£159,399 |
£162,526 |
£165,777 |
£50,181 |
5% |
£142,794 |
£149,934 |
£157,431 |
£165,302 |
£173,567 |
£182,246 |
£191,358 |
£200,926 |
£210,972 |
£221,521 |
£105,925 |
8% |
£146,874 |
£158,624 |
£171,314 |
£185,019 |
£199,821 |
£215,806 |
£233,071 |
£251,717 |
£271,854 |
£293,603 |
£178,007 |
Prices can go up as well as down |
Call us now on the sales reservation line for further details
Tel 07887 512597
or
click on the call back request link below and we will call you
Call back request |
| Disclaimer |
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The details contained in this brochure are for guidance only. Any photographs, illustrations, plans and sizes, only give a general indication of the property.
Particulars described in this brochure should not be relied upon as accurately describing any specific matters. Tables, projections and profit forecasts, are provided for illustrative purposes only. Property values and assumed rentals can decrease as well as increase and need to be confirmed by a RICS valuation. No express or implied income claims are made herein. Neither Pinnacle Property Association/Pinnacle Property Link Ltd nor any of its partners, directors, employees or representatives will be liable for damages arising out of or in connection with the use of information provided in this document. Purchasers should undertake their own due diligence before making a commitment to purchase and it is understood that this has taken place prior to making a reservation.
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Copyright © 2008 Pinnacle Property Association. All rights reserved. |
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