4 bedroom detached for sale

£1,575,000

4

Bedrooms

3

Bathrooms

Floorplan

Part of our Signature collection, Silver Oak House has been thoughtfully designed and will be built to an exceptional standard, boasting high end fixtures & fittings and situated over two floors grossing an internal area of 3725 sqft. This unique home is positioned on a generous plot in excess of a 1/3 of an acre with a semi-rural feel and offering excellent transport links plus access to amenities.




Silver Oak House accommodation combines contemporary finishes with a traditional style, briefly comprising:

Living Room - 7.15m x 5.29m (235' x 174')
Day Room/Dining - 9.70m x 4.45m (3110' x 147')
Kitchen - 7.00m x 4.07m (230' x 134')
Utility Room - 3.48m x 2.10m (115' x 611')
Study - 3.48m x 3.08m (115' x 101')
Cinema Room - 6.92m x 3.46m (229' x 114')
Master Bedroom - 5.23m x 4.80m (172' x 159')
Dressing Area - 2.15m x 1.50m (71' x 411')
Bedroom 2 - 7.00m x 3.46m (230' x 114')
Bedroom 3 - 4.46m x 3.53m (148' x 117')
Bedroom 4 - 4.67m x 4.67m (154' x 154')

Features
Bespoke kitchen
Individually Symphony designed kitchen
Quartz work surfaces
Neff appliances
Chilled/boiling water tap
Ceiling extractor
Integrated wine fridge to island

High specification bathrooms
Teardrop freestanding bath
Bromley & Fitch tile designs
Walk-in ensuite shower
Aqualisa showers

Internal features
Underfloor heating throughout
Living room with log burner installed
Ground floor kitchen & hallway tiled throughout
Luxury thick pile carpets to living room, stairs and bedrooms
Open-plan kitchen, dining, living space for entertaining
Ensuite bathrooms

External features
CCTV and security alarm
Security lighting
Porcelain paving
Garden lawned/turfed
Home office
Driveway and garage
Electrically operated garage doors
Electrical vehicle charging point


Location

West Bergholt is a short distance away with local shops and providing a short cut through to the large Tollgate and Stane Park retail and restaurant outlets.
A 20 minute drive away is Dedham Vale, an Area of Outstanding Natural Beauty made famous by landscape painters Constable and Gainsborough. There are some excellent places to dine overlooking the River Stour, such as Le Talbooth and the Boathouse in Dedham and The Anchor Inn and The Crown in Nayland.
For families with children of a young age there are the independent, co-educational preparatory school and nursery of Littlegarth approximately 15 minutes away. Other highly regarded educational facilities nearby include St Marys Senior School for Girls, Holmewood House and Colchester Royal Grammer School.
For sporting enthusiasts there is a David Lloyd health club to the north of Colchester and there are two golf clubs nearby, Colchester Golf Club which is 0.2 miles from Silver Oak House, with Lexden Golf Club a little over a mile away.
The coast is only half an hour away where sailing, kayaking or paddleboarding can be enjoyed, as well as on the River Blackwater or the River Stour.

Directions

Please use the postcode CO4 5BG for SatNav.

Important Information

Council Tax Band - TBC
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - TBC
Ref - WIT240115/MJM

Agents note
Please note: Internal photos have been taken from a selection of plots and some have been virtually dressed. CGIs are indicative only.

Oak Home Developments were awarded The Bricks Development of the Year (2-10 units) South by LABC Warranty and also developed The Croft, a bespoke gated development located nearby.

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

£ 1323575

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
    £ 39375
  • 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

£ 142325
  • 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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