3 bedroom detached for sale

£1,500,000 Offers over

3

Bedrooms

3

Bathrooms

Floorplan

Part of our Signature collection, Paternoster Lodge is an exceptional award-winning eco-friendly property which has been finished to a high specification with a luxurious aesthetic.

Occupying a plot of approximately 1.1 acres, this striking architect-designed contemporary home has three ensuite bedrooms, open-plan living accommodation and a remarkable roof terrace with far-reaching views of the surrounding countryside.

A property in Essex built with 'sustainability in mind' which has been described as a 'modern masterpiece'.

The 'eco-conscious residence' was designed by renowned firm Plater Claiborne Architecture and Design.

The property recently won the sustainability award and was highly commended for design in recognition of its high-level of environmental credentials and architectural integrity.
The contemporary home is clad in a distinctive zinc roof and boasts an A+ energy performance rating, thanks to features such as triple glazing, 18 solar panels with battery storage, an air source heat pump, heat recovery ventilation system, and sophisticated rainwater harvesting.

Paternoster Lodge was named Sustainability Winner by Maldon District Council and was highly commended by the judges, who were full of praise for the schemes carefully considered design and workmanship.

The front door opens into a spacious and welcoming entrance hall, with a bespoke oak staircase, lift to the first floor and cloakroom. There is oak flooring throughout the ground floor with underfloor heating on both floors.

A concealed sliding door leads into the stylish open-plan kitchen, dining and sitting room, with a sink inset to the granite worktop and a range of units, including a larder cupboard. Integrated appliances include a double Neff oven with warming drawers, propane four ring gas hob, water softener, fridge/freezer and dishwasher. The generous utility room is accessed via the kitchen, where there are matching granite work surfaces, a butler sink, a range of wall and base units, and space for a washing machine and tumble dryer.

The dining area seamlessly flows from the kitchen, where an impressive sliding door and floor to ceiling window allow an abundance of light, with concealed electric blinds. Beyond this is the cosy living area with a central log burner and ample space for entertaining friends and family.

Concluding the ground floor accommodation is the third bedroom, which would make a fabulous guest suite, with sliding doors opening to the garden and an ensuite shower room with Aqualisa shower.

Accessible from either the lift or stairs, the first floor galleried landing has a glass balustrade and resplendent Murano glass chandelier. The upstairs configuration has been strategically planned around the cleverly crafted roof terrace, accessed via a large, glazed sliding door. This stunning terrace has a fitted, automated awning and offers incredible views of the rolling Essex countryside an ideal spot for a morning coffee, or perhaps a sundowner.

The spectacular principal bedroom suite has a vaulted ceiling with a dual aspect, mood lighting, air conditioning, oak flooring, and a seating area with a gas log burner. There is a dressing room with built-in Laura Ashley wardrobes and access to the laundry room, with a butler sink, space and plumbing for a washing machine and tumble dryer, window to the side aspect and space for a small fridge. There is a large ensuite bathroom with a window to the rear, free standing bath, twin vanity wash hand basins, wc, bidet and a double shower cubicle.

The second bedroom is a good size double with a vaulted ceiling and mood lighting, a dual aspect and ensuite shower room, with built-in storage. There is additional storage accessed from the landing.

Outside
Gates lead to a generous gravel driveway with off-road parking for several vehicles, a detached double garage with electric up and over door, and adjoining workshop. An external staircase provides access to the first floor which is currently used for storage but offers potential for a variety of uses, subject to the necessary planning consents.

There is a covered parking space, or carport, which has been specifically designed to allow conversion to living accommodation at a later date, and includes three good size storage cupboards.

The attractive landscaped garden extends to approximately 1.1 acres with a pond and a variety of mature trees and shrubs. There are sophisticated above-ground rainwater storage units and 18 solar panels with three 6 kw batteries.

There is a good size timber-framed outbuilding with separate wc facilities, a Gabriel Ash greenhouse which is to remain, and stunning slate obelisk.


Location

Tolleshunt Knights is a small village within easy reach of Colchester and Maldon. Although enjoying a rural location, the property is still well connected for access to the A12, which leads to Colchester, Chelmsford and London. The nearest railway stations are in Kelvedon (5.3 miles) and Witham (5.5 miles) which both offer a fast and frequent service to London Liverpool Street. The surrounding countryside offers a variety of outdoor pursuits with excellent walking and cycling. For sailing enthusiasts, nearby Tollesbury and Maldon provide a variety of facilities. There are also some fine golf courses in the region.

Directions

Please use the postcode CM9 8HA for SatNav.

Important Information

Council Tax Band - G
Services - We understand that mains water and electricity are connected to the property. Heating is via heat recovery venitilation system and under floor heating. Drainage is a via a Klargeister.
Tenure - Freehold
EPC rating - A+
Ref - WIT190353/DJN

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

£ 1256450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 37500
  • 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

£ 131450
  • 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

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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