Five bedroom detached farm house

£1,600,000 Guide Price

5

Bedrooms

3

Bathrooms

3

Reception

Floorplan

A charming and substantial five-bedroom detached farmhouse located on Fen Lane, North Ockendon, Upminster, set within an enviable semi-rural position and offering an exceptional blend of character, space and lifestyle appeal.


The property provides generously proportioned accommodation throughout, comprising of five double bedrooms and three bathrooms, in addition to a convenient ground floor WC. Living space is both versatile and inviting, one of which lends itself perfectly as a home office, ideal for modern family living or remote working. The open-plan kitchen/diner is a central feature of the home, offering a modern space for cooking and dining. The kitchen is equipped with contemporary appliances and ample storage, making it a functional and stylish area for meal preparation.. There is also a utility room which adds practicality, offering additional storage and laundry facilities.

Externally, the property truly excels, boasting expansive gardens that create a rare sense of space, privacy and tranquility. with ample space for outdoor activities. This impressive outdoor setting offers outstanding potential for entertaining, relaxaction or further landscaping, all framed by the surrounding countryside.

Further enhancing the property is a spacious double garage providing secure parking, along with ample parking and complemeted by a separate workshop and dedicated storage area, ideal for garden machinery and practical use.

The location is equally appealing, being well positioned for access to a selection of highly regarded local secondary schools, along with a variety of well-regarded primary schools, .making it a practical choice for families

Adding to its lifestyle appeal, the property enjoys immediate proximity to Top Meadow Golf Course, a beautifully maintained 18-hole course set within the heart of the Essex Countryside, offering a wonderful opportunity for leisure and recreation.

A huge variety of shops and restaurants can be found at the Bluewater shopping centre which is approx 13.7 miles away or Lakeside approx 5.3 miles away. Upminster town centre approx 4.1 miles away also offers a wide variety of shops and restaurants ranging from independent specialist retailers to high street names.

Situated with easy access to major roads such as the A127 and M25, the property is well-connected for commuting and travel.City commuters are able to use the station at Upminster approx. 4.3 miles away which provides a swift rail journey into Fenchurch Street or changing at Barking for Stratford and Liverpool Street. Alternatively one could use the district underground tube.

Altogether, this is a rare opportunity to acquire a spacious and versitile family home in a peaceful yet well-connected setting, combining rural charm with everyday convenience.



Features
  • Upminster Town Centre approx 4.1 miles
  • Upminster Station 4.3 miles into Fenchurch Street
  • Ground Floor Engineered Shevron Style Flooring
  • Freehold

Nearest Stations:

1.89 miles
West Horndon
1.99 miles
Ockendon
3.22 miles
Upminster
3.86 miles
Upminster Bridge
4.25 miles
Chafford Hundred

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

£ 1345950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 40000
  • 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

£ 145950
  • 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.

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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

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This is the assumed rate of house price inflation.

Final Property Value

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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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