3-bedroom semi-detached house · PE28 4LW
Listing removedListed 347 days
Opportunity summary
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About
Thomas Morris are delighted to present this beautifully designed Fulmar style property, offering bright and well balanced accommodation throughout.
Located in the sought after Hawkings development on Alconbury Weald - a modern collection of homes built with energy efficiency and contemporary living in mind.
A welcoming entrance hall leads to a stylish kitchen/dining room fitted with modern integrated appliances and space for a family table, ideal for everyday dining and entertaining.
There is also a cloakroom/WC and useful under-stairs storage. The living room is a generous and light-filled space, with French doors opening to the private enclosed garden.
Upstairs, the principal bedroom is a comfortable double, complemented by two further bedrooms, perfect for guests, children, or a home office.
A modern family bathroom features a shower over bath, and the landing store cupboard provides additional practical storage.
The rear garden offers a pleasant space for relaxing or entertaining, complete with a storage shed and outside tap. There is driveway parking for two vehicles.
Lease Term: 990 years from 30/09/2022 Term Remaining: 987 years The monthly rent on the remaining 60% share is £595 and service charge is £50 per month.
Elibibility You can apply to buy the home if both of the following apply: • your household income is £80,000 or less • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs One of the following must also be true: • you're a first-time buyer • you used to own a home but cannot afford to buy one now • you're forming a new household - for example, after a relationship breakdown • you're an existing shared owner, and you want to move • you own a home and want to move but cannot afford to buy a new home for your needs If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Huntingdon District Council Council Tax Band: C Draft details subject to approval BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID.
There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Thomas Morris. HGD250412/
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Heathcote Crescent, Alconbury Weald, Huntingdon, PE28
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