Crown Estate Agents - Pontefract

Endeavour House, Church Road, Ramsden, Bellhouse, Billericay, Essex, CM11 1RN

5 bedroom detached for sale

£2,250,000 Offers in excess of

5

Bedrooms

Floorplan

This property must be viewed to appreciate the quality of the build, the modern contemporary design both internally and externally.

Ground Floor Accommodation.

On entering the large hallway with sweeping glass panel staircase, tiled flooring throughout the ground floor, except for the formal lounge, and doors leading to the study/library separate Games room/playroom Formal Lounge with speakers and smart lighting carpet flooring bi-fold doors to the rear. Formal Dining Room and Cloakroom. Underfloor heating throughout the ground floor.

Exquisite Kitchen/Family/Dining room with four ovens, including combination microwave ovens and steamer oven integrated fridge/freezer and integrated dishwasher, integrated bin store, induction hob and extractor hood two lantern light windows for extra natural light, contrasting granite work surfaces, smart lighting and speakers, media wall including feature electric coal effect fire, this room which is the hub of the household ideal for entertaining with bi-fold doors to the rear and Sliding doors to the side leading to the rear garden patio area ideal for summer evenings.

Door leading to the Utility/Boot room, which is fully fitted with base and wall units, contrasting granite work surfaces, integrated washing machine and tumble dryer separate space for coats and shoes.

Personal door leading to the double Garage with media room and underfloor heating manifold system. Gas and heat source boiler, pressurised water cylinder.

First Floor with Feature Glass Balustrade staircase leading fromthe ground floor and continuing to the second floor.

The first-floor accommodation includes the master bedroom suite with media wall, en-suite and dressing room, Bedrooms two and three are also suites, bedroom four and family bathroom all to the first floor.

Second floor with glass balustrade staircase, has its own bedroom suite which includes bedroom, separate dressing room and en-suite.

The rear of the property leads to a mature large lawned garden, newly fenced to all three sides with mature plants trees and shrubs.

The large patio area with canopied hot tub area and different seating areas backs onto the main house with bi fold doors leading from the kitchen/family/breakfast room, and the formal lounge, ideal for family entertaining.

The property is approached to the large front driveway with parking for several vehicles and a double garage.


New Home: Non New Home

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

£ 1927700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 56250
  • 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

£ 240200
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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