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£1,500,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,500,000 - 1,550,000
Nestled in the charming area of Ivy Chimneys, Epping, is 'Broadbanks' a stunning range of two new build detached houses offering an impressive 3,204 square feet of luxurious living space. With six spacious bedrooms and four well-appointed bathrooms, this property is perfect for families seeking both comfort and style.
Upon entering, you will be greeted by a spacious entrance hall leading to an elegant lounge with feature media wall and gas fireplace, providing ample space for relaxation and entertaining guests. The design of the home is modern and inviting, ensuring that every corner is both functional and aesthetically pleasing. The spacious bespoke fitted kitchen offers ample storage with its quartz worktops, NEFF integrated appliances, utility room & central island overlooking the dining/living area with bi folding doors leading to the rear garden. The layout allows for a seamless flow between the living areas, making it ideal for both everyday living and special occasions.
The first floor landing accessed via a stylish art-deco staircase gives access to four double bedrooms which include fitted wardrobes and two boasting en suite bathrooms. The tops floor includes a further two double bedrooms and further en suite bathroom. The sixth bedroom provides mutli purpose to be utilised into a cinema room. The property also boasts convenient parking for up to three vehicles, EV charger point, a valuable feature in this desirable location. Ivy Chimneys is known for its picturesque surroundings and community spirit, making it an excellent choice for those looking to settle in a welcoming neighbourhood.
This exceptional home combines contemporary design with practical living, making it a rare find in the market. Located just outsized of Epping Town offering a local market, range of shops, restaurants, cafes, Central line station and routes within 4 miles to both the M11 & M25 Motorways offers commuters access across London and more.
Kitchen/Dining/Living Room - 16.87m x 11.51m (554 x 379') -
Lounge - 5.31m x 4.19m (175' x 139') -
Study - 3.40m x 4.29m (112' x 141') -
Garden - 16.87m x 11.51m (554' x 379') -
Bedroom 1 - 4.65m x 7.29m (153' x 2311') -
Bedroom 2 - 5.54m x 4.19m (182' x 139') -
Bedroom 3 - 3.91m x 4.70m (1210' x 155') -
Bedroom 4 - 4.65m x 4.09m (153' x 135') -
Bedroom 5 - 4.39m x 4.39m (145' x 145') -
Bedroom 6 - 6.81m x 2.31m (224' x 77') -
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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