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£975,000
Bedrooms
Bathrooms
Plot 4 Malting Paddocks is an exemplary stand out home with 4/5 bedrooms, complete with double garage and south facing garden. This exceptional development of just four detached properties forms part of our Signature collection. Built by renowned builders Seven Developments, Malting Paddocks showcases premium quality and design with sustainability in mind.
An outstanding home of excellent quality and striking exterior, plot 4 Malting Paddocks boasts luxury specification as standard and energy efficient appliances.
The 3 floors of accommodation comprises an entrance hallway providing understairs storage cupboard, convenient WC and stair flight to first floor landing. The double aspect open-plan kitchen/dining room spans the width of the home and has Neptune handcrafted cabinetry, fully integrated Bosch appliances and Quooker Flex hot water tap. The capacious open-plan dining area is ideal for entertaining, whilst double doors to the sunny rear garden plus additional roof lights, provide plenty of natural light. A utility room gives extra storage and side aspect.
The dedicated snug offers a second reception area to the main lounge that measures a generous 20ft 5 x 13ft 5, with front aspect.
On the first floor, the principal bedroom has a large high spec en-suite shower room and built-in wardrobes, while bedroom two has ensuite. Bedrooms three and four are both well-appointed double rooms with built-in wardrobes and are serviced by the main family bathroom. A central staircase leads to second floor which houses a study/5th bedroom with roof lights and void storage, which completes the accommodation. Externally there is driveway parking, a separate double garage and turfed gardens to front & rear.
Malting Paddocks specification offers (but is not limited to) : Neptune handcrafted kitchens, Silestone worktops, Bosch appliances, 2 year builders warranty, 10 year Buildzone structural warranty, under floor heating to ground floor, air source heat pumps, electric car chargers, double garages, block paved driveways, turfed gardens.
Please refer to the brochure for full specification and room sizes. Some floorplans may be handed to those shown.
Location
Layer-de-la-Haye is a peaceful village with green space and woodlands ideal for exploring. There is a strong community with local pubs, primary school and village events. Essentials are close to hand with well known supermarkets and smaller local shops and farm stores just a short drive away. Colchester city is a 10 minute drive, having all major shopping outlets, leisure facilities, historic attractions, restaurants & eateries.
Directions
SatNav postcode: CO2 0JJ
Important Information
Council Tax Band - TBC
Services - We understand that mains water, drainage and electricity are connected to the property. Heating is via Air Source Heat Pump.
Tenure - Freehold
EPC rating - TBC
Management charge - Yes TBC
Agents note - Any CGI images are indicative only of the finished product. Choices are subject to build stage and availability. Brick colours may vary.
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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