Plot 96, The Yorick, Kingsfield, Dawes Lane, West Mersea, Colchester, Essex, CO5

1 /2
Available / For Sale

3 bedroom detached for sale

£600,000

3

Bedrooms

2

Bathrooms

Floorplan

Plot 96 The Yorick is a brand new detached home at Kingsfield in West Mersea, a vibrant and desirable new community. This exceptional development built by Mersea Homes offers an exciting collection of 2,3,4 and 5 bedroom homes in a sought after coastal location.


The Yorick offers 1484 sqft of accommodation and features a lounge, modern kitchen/dining opening to the family room, a useful utilty, and convenient garage The ground floor offers ample space for family activities and hosting, enhanced by stylish interior decor and underfloor heating, it ensures year-round comfort.

Ascending the white satinwood staircase, youll find three accommodating bedrooms. The master bedroom boasts a dedicated en-suite, while a sleek family bathroom serves the other bedrooms.

Topped by its striking brick-tile roof with pre-installed solar panels for long-term energy efficiency, and an expansive back garden to bask in the breathtaking natural surroundings, The Yorrick sets a new standard for comfortable, sustainable living.

Kitchen/Dining Room - 183' x 134' (5.58m x 4.09m ) - Open-plan layout featuring a flexible choice of PWS unit and doors, granite workshop and splashback behind hob, integrated fridge/freezer and connected utility room.

Family Room- 150 x 114 (4.58m x 3.48m) - Opening from the kitchen/dining room and with French doors leading out to the garden makes this room an ideal entertaining space.

Lounge- 183 x 121 (5.57m x 3.69m) - Spacious living area with large windows for abundant natural light.

Master Bedroom - 165 x 96 (5.03m x 2.92m) - Sumptuous space with an impressive en-suite shower room and built in wardrobe.

Second Bedroom - 105 x 99 (3.20m x 3.04m) - Featuring a rear facing window and built in wardrobe.

Third Bedroom - 119 x 87 (3.64m x 2.65m) - Cosy space with dual aspect windows.

Garden - Expansive and landscaped, providing significant space for outdoor activities and enjoying the natural surroundings.

Finishes - High-specification interior design includes a white satinwood staircase with oak newel caps and handrail, Ogee-style skirting and architraves, and Egyptian Cotton colored walls.

Energy-Saving Features - All Kingsfield properties include cutting-edge, energy-saving specifications, including roof-based solar panels, digital thermostatic radiator valves.

Additional Features - In addition to the primary living spaces, The Yorrick includes a garage, a convenient ground-floor WC, and a dedicated utility room.


Location

The revered coastal village of West Mersea is served by excellent amenities and a local primary school with wider educational facilities in Colchester. As well as local Co-op and Tescos stores there are numerous specialist small businesses, cafes, bars and fish restaurants. The island even has its own vineyard. Mersea has a strong community geared towards outdoor activities and water sports with a yearly regatta week and sailing clubs providing a vibrant social scene. Colchester has a wider variety of shops in the city centre and retail parks including most national retailers and supermarkets and benefits from a mainline railway station with services to London Liverpool Street in under the hour.

Directions

Use Sat Nav postcode CO5 8HL

Important Information

Council Tax Band - TBC
Services - We understand that mains water, drainage, gas and electricity are connected to the property which has solar panels installed.
Tenure - Freehold
EPC rating - TBC
Management charge - Details to be confirmed.
Agents note - Any CGI images are indicative only of the finished product. Choices are subject to build stage and availability. Brick colours may vary.
PHOTOS SHOWN ARE FROM THE SHOW HOME PROPERTY OF THE SAME DESIGN TYPE.

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

£ 497700

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
    £ 15000
  • 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

£ 47700
  • 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
    £

    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.

Notes

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