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£490,000
Bedrooms
Bathrooms
Elegant Four-Bedroom Detached Home with Versatile Living Spaces and Landscaped Gardens
Situated on a generous corner plot within a sought-after development, this beautifully presented four-bedroom detached residence offers a harmonious blend of classic design and contemporary comfort. The home boasts a spacious layout, including a welcoming entrance hall, a bright and airy living room, and a modern kitchen/dining area equipped with high-quality fixtures and fittings. Upstairs, the principal bedroom features an en-suite shower room, while three additional bedrooms provide ample space for family or guests. A well-appointed family bathroom completes the first-floor accommodation.
Externally, the property impresses with its meticulously landscaped front garden and a private rear garden designed for relaxation and entertaining. A walled terrace, west-facing pergola, and raised deck create multiple seating areas to enjoy the outdoors. The garage has been partially converted to offer an additional external room, ideal for a home office or studio, while retaining storage space at the front. A double-width driveway provides convenient off-road parking.
River Reach, Mistley A Harmonious Blend of Countryside Charm and Modern Living
A Picturesque Setting
Nestled in the historic village of Mistley, Essex, River Reach offers a serene lifestyle amidst the rolling countryside and the tranquil banks of the Stour Estuary. This idyllic location provides residents with stunning natural beauty and a peaceful environment, perfect for those seeking a retreat from the hustle and bustle of city life. Log in or sign
Thoughtfully Designed Homes
Developed by the award-winning Hopkins Homes, River Reach comprises a collection of 2, 3, 4, and 5-bedroom homes. Each home is crafted with meticulous attention to detail, combining traditional architectural styles with modern amenities.
Excellent Connectivity
Despite its countryside setting, River Reach boasts exceptional transport links. Mistley train station is just a three-minute drive away, offering regular services to Harwich Town and Ipswich, both approximately 20 minutes by train. For those commuting to London, Liverpool Street Station is accessible in under an hour. Additionally, major roadways such as the A14 and A12 are within easy reach, connecting residents to the wider East Anglian region and beyond.
Local Amenities and Community
The village of Mistley and the neighboring town of Manningtree provide a range of amenities, including award-winning dining at The Mistley Thorn and charming cafs like The T House. Residents can enjoy local sporting activities, such as cricket and sailing, with the Stour Sailing Club located nearby. The area also offers a variety of shops, boutiques, and essential services, ensuring convenience and a strong sense of community.
Educational Opportunities
Families at River Reach have access to well-regarded educational institutions. Mistley Primary School is within walking distance, while Manningtree High School, rated Outstanding by Ofsted, is just a 10-minute drive away. Further educational options include the independent Ipswich School and Colchester County High School, both recognized for their academic excellence.
A Sustainable and Connected Community
River Reach is designed with sustainability and connectivity in mind. Homes are built to high energy efficiency standards, featuring modern insulation and heating systems to reduce environmental impact and lower energy bills. The development also includes open public spaces, play areas, and high-speed broadband connectivity, fostering a vibrant and connected community.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £2,119.09
Total Interest: £272,871.55
Overall Total: £762,871.55
Amortization For Monthly Payment: £2,119.09 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £15,535.74 | £9,893.32 | £480,106.68 |
| 2026 | £15,214.46 | £10,214.59 | £469,892.10 |
| 2027 | £14,882.76 | £10,546.29 | £459,345.81 |
| 2028 | £14,540.29 | £10,888.77 | £448,457.04 |
| 2029 | £14,186.69 | £11,242.36 | £437,214.68 |
| 2030 | £13,821.61 | £11,607.44 | £425,607.23 |
| 2031 | £13,444.67 | £11,984.38 | £413,622.86 |
| 2032 | £13,055.50 | £12,373.55 | £401,249.30 |
| 2033 | £12,653.69 | £12,775.36 | £388,473.94 |
| 2034 | £12,238.83 | £13,190.23 | £375,283.71 |
| 2035 | £11,810.49 | £13,618.56 | £361,665.15 |
| 2036 | £11,368.25 | £14,060.80 | £347,604.35 |
| 2037 | £10,911.65 | £14,517.41 | £333,086.95 |
| 2038 | £10,440.21 | £14,988.84 | £318,098.11 |
| 2039 | £9,953.47 | £15,475.58 | £302,622.53 |
| 2040 | £9,450.93 | £15,978.12 | £286,644.41 |
| 2041 | £8,932.06 | £16,496.99 | £270,147.42 |
| 2042 | £8,396.35 | £17,032.71 | £253,114.71 |
| 2043 | £7,843.23 | £17,585.82 | £235,528.89 |
| 2044 | £7,272.16 | £18,156.89 | £217,372.00 |
| 2045 | £6,682.54 | £18,746.51 | £198,625.49 |
| 2046 | £6,073.78 | £19,355.28 | £179,270.22 |
| 2047 | £5,445.24 | £19,983.81 | £159,286.41 |
| 2048 | £4,796.30 | £20,632.75 | £138,653.65 |
| 2049 | £4,126.28 | £21,302.77 | £117,350.88 |
| 2050 | £3,434.50 | £21,994.55 | £95,356.33 |
| 2051 | £2,720.26 | £22,708.79 | £72,647.54 |
| 2052 | £1,982.83 | £23,446.22 | £49,201.32 |
| 2053 | £1,221.45 | £24,207.61 | £24,993.71 |
| 2054 | £435.34 | £24,993.71 | £0.00 |
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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Mon Apr 28 2025
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Mon Apr 28 2025
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