6 bedroom detached for sale

£1,950,000

6

Bedrooms

4

Bathrooms

Floorplan

Caplen Estates welcomes to the market this superb six bedroom detached family home, nestled in the heart of the Monkhams Estate, Wooodford Green.

This immaculate property has been loved by the current vendors for the past 20 years, they have upgraded the property throughout whilst retaining the properties charm and character. Sat within an impressive plot which is arranged over three floors, in excess of 3500sq ft meaning the property offers a vast amount of living space whilst giving the option to extend further subject to planning.

When entering the properties large entrance hall which captures the original oakwood panelling, access to a cloakroom and entrance hallway. The ground floor offers a front reception room, a spacious living room with doors leading to the rear. The modern open plan kitchen/dining room is the perfect spot to entertain with bespoke kitchen offering ample storage, granite worktops, Miele integrated ovens, gas hob, extractor and doors leading to a large utility room.

The first floor landing has a huge window which pours in natural light, plus and access to four double bedrooms. The main including fitted wardrobes and a stunning en suite bathroom, with double sink, walk in shower and freestanding bath. There is a further single room/study, family bathroom, additional shower room and ample storage.

The second floor have been converted offer a spacious suit is complete with a large double bedroom, storage, walk in wardrobes and modern en suite shower room and expansive views over Woodford and beyond.

The rear garden has been fully landscaped with a large patio which leads to to a mature lawn, pond, further patio to enjoy some evening alfresco dining and side access.

Additionally the property offers a carriage driveway, is located near Knighton woods, Woodford Central Line station, various public & private schools and is available to viewings immediately, Call our Sales team to arrange a viewing.

Reception Room - 4.95m x 3.97m (162' x 130') -

Living Room - 4.76m x 3.97m (157' x 130') -

Kitchen/Dining Room - 6.52m x 6.77m ( 214' x 222') -

Utility Room - 3.26m x 1.67m (108' x 55') -

Bedroom 1 - 7.19m x 9.45m ( 237' x 310') -

Ensuite - 2.02 x 2.69 (67' x 89') -

Dressing Room - 3.42m x 2.69m ( 112' x 89') -

Bedroom 2 - 4.98m x 3.93m (164' x 1210') -

Ensuite - 3.31m x 3.79m (1010' x 125') -

Bedroom 3 - 5.37m x 3.36m (177' x 110') -

Bedroom 4 - 4.18 x 3.79 (138' x 125') -

Bedroom 5 - 5.37m x 3.36m (177' x 110') -

Study - 1.56m x 3.79m (51' x 125') -

Bathroom - 1.92m x 2.90m (63' x 96') -

Shower Room - 1.57m x 2.32m (51' x 77') -

Garden - 50.85 x 100.92ft ( 1669' x 3311'ft) -

Garage -

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

£ 1659200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 48750
  • 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

£ 196700
  • 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

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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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