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64 Newland Street, Witham
£950,000 Guide Price
Bedrooms
Bathrooms
Part of our Signature collection, this immaculately presented five bedroom executive property forms part of a small select development constructed in 2016.
Having been improved by the current owners, the property benefits from a spacious bespoke kitchen/dining room, two reception rooms and a landscaped rear garden with fabulous far-reaching views of the surrounding countryside.
Upon entering this property, there is a spacious entrance hall with underfloor heating and tiles which continues throughout the ground floor, understairs storage and a cloakroom. The property been tastefully decorated and is in pristine condition, making it an ideal family home.
The beautifully presented, bespoke kitchen has been upgraded by the current owners and includes a range of stylish units, twin butler sinks and a hot water tap. As well as ample storage, there is space for a range cooker, granite work surfaces, a double wine cooler and a sash window to the rear. There is an integrated fridge freezer and space for a double oven and American style fridge freezer, with the utility beyond. The breakfast room has triple aspect with bi-fold doors to the rear, which allow an abundance of light, plus there is a generous built-in display unit which is ideal for storage.
The accommodation flows seamlessly, with double doors leading through into the spacious living room which has a log burner with an attractive red brick surround and a dual aspect with a further set of bi-folding doors to the rear. The family room is a great size with a bay window to the front, which could make an ideal playroom or study.
The first floor galleried landing gives access to the five bedrooms and family bathroom. The impressive principal bedroom overlooks the rear garden and is fitted with built-in wardrobes and an upgraded ensuite with a double walk-in shower. There are four further double bedrooms, all with double glazed windows, and concluding the first floor accommodation is the family bathroom with a bath and double walk-in shower.
Outside
The property is setd down a private road and is approached via a driveway providing off-road parking for multiple vehicles which in turn leads to a set of double electric gates. There is further parking available with a carport forming part of the detached garage.
The rear garden has been well-maintained and improved by the current owners and now offers an extensive sandstone patio with multiple seating areas. Offering fantastic views of the surrounding countryside, the garden is predominantly laid to lawn, with a variety of fruit trees.
Location
Great Braxted is 4 miles north of Heybridge and Maldon close to Witham. Nearby are the historic buildings of Little Braxted Hall and Little Braxted Mill. The area is designated as a Special Landscape Area and Nature Conservation Zone by Essex County Council.
The nearby village of Wickham Bishops is approximately 2 miles away and offers a range of facilities including a church, a convenience store including a post office, public houses and extensive playing fields with four all-weather tennis courts and a very active tennis club. The property is also a short distance from Kelvedon, between Colchester and Chelmsford, which offers a High Street with a tea room, range of pubs and amenities.
There is a choice of schools in the area in both the public and private sector and the larger town of Colchester provides wider education facilities including Colchester Sixth Form College, Colchester Institute and the University of Essex.
The main line railway station at Kelvedon has a fast and frequent service with a journey time to London Liverpool Street of approximately 50 minutes.
Directions
Please use the postcode CM8 3FQ for SatNav.
Important Information
Council Tax Band - G
Services - We understand that mains water, drainage and electricity are connected to the property. Oil fired central heating.
Tenure - Freehold
EPC rating - B
Ref - WIT250331/DJN
Agents note
The property is set down a private road which is managed by various residents of Granville Close and there is a small annual management fee.
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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