4 bedroom detached for sale

£1,200,000 Offers in excess of

4

Bedrooms

4

Bathrooms

Floorplan

Part of our Signature collection, this luxury four bedroom, four bathroom detached house forms part of Heron Way, a private road of just 5 individual homes constructed in 2021.


Traditionally built to the highest standard this family home offers 2640sq.ft of accommodation, with generous parking, a double garage and sits on a plot of approximately 1/3 of an acre.

The welcoming reception hall features an impressive staircase rising to the first floor with built-in storage cupboards either side, and underfloor heating which continues throughout the downstairs.

The sitting room is to the left and has a beautiful fireplace with inset log burner and exposed brick. This room has a dual aspect with a large box bay window and bi-folding doors to the rear allowing an abundance of light and providing access to the rear garden.

The remarkable kitchen/breakfast room is the heart of the home, with two roof lanterns, a window and bi-folding doors to the rear. The beautiful bespoke kitchen has quartz work surfaces with a range of matching wall and base units, and the breakfast bar provides storage below with an integrated wine cooler. There is plenty of space for a large dining table and this is the ideal space for entertaining friends and family. Integrated appliances include a double oven, built in steamer oven, microwave and five ring gas hob with extractor above, dishwasher, full fridge and full freezer. Beyond the kitchen is the utility room, with ample storage, space for appliances and a door to the side.

The formal dining room is to the front of the property and there is a study which would make an ideal work from home space, snug or playroom. The ground floor accommodation concludes with the cloakroom.

On the first floor there is a spacious galleried landing providing access to the four generous double bedrooms, all of which benefit from ensuite facilities and three having built in bespoke wardrobes. The principal bedroom is a great size and has an exceptional walk-in dressing area.

Outside
The property is set down a private road and approached over a block paved driveway providing off-road parking for multiple vehicles in front of the house leading to the driveway to the detached double width garage with electric roller door. The front garden is predominantly laid to lawn with a variety of flowers and shrubs.

Side access leads to the rear garden which commences with a large paved patio area, ideal for alfresco dining, with the remainder laid to lawn with a variety of trees, flowers and shrubs.
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Location

Wickham Bishops is an attractive village surrounded by open countryside and serviced by a network of villages providing a strong local community. This sought-after village is located approximately 12 miles east of Chelmsford and 16 miles south of Colchester.

The area is popular with those seeking semi-rural living within commutable distance of the City, approximately 4 miles from the A12 and within 3 miles of Witham mainline railway station, with direct services to London Liverpool Street.

There is a good selection of schools in the area, in both the public and private sectors, including Maldon Court Prep School, St Cedds, New Hall and Felsted. Highly regarded grammar schools can also be found in both Chelmsford and Colchester.

Directions

Please use the postcode CM8 3FZ for SatNav.

Important Information

Council Tax Band - G
Services - We understand that mains water, drainage, gas and electricity are connected to the property. The property benefits from air conditioning.
Tenure - Freehold
EPC rating - B
Ref - WIT220396/DJN



Features
  • Freehold

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

£ 993950

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
    £ 30000
  • 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

£ 93950
  • 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.

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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
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    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.

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