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£975,000
Bedrooms
Bathrooms
As part of our Signature collection is this versatile five bedroom detached house standing in grounds of 6 acres with over 4000 sq ft of outbuildings including stabling amongst other equestrian facilities incorporating a man"ge.
Burrsville has undergone considerable improvements over recent years to provide modern contemporary interiors with ample parking and a double garage.
A central entrance hall has storage cupboards with two ground floor double bedrooms with bay windows found either side at the front.
There is a bathroom with bath, wash hand basin and toilet. Also located off the hall is a study or further bedroom if required.
A door connects through to the large sitting room with fireplace and staircase leading to the first floor. Double doors lead through to the conservatory which has double glazed windows and French doors leading out to the garden.
A door from either the hall or sitting room leads through to a large kitchen/living space that spans across the rear of the property. At one end is the kitchen with work surfaces with ample storage units and a central island. Built in appliances include two ovens, electric hob, dishwasher, fridge and freezer. Adjoining is a useful utility room.
On the first floor is a large landing with storage. At one end is the principal bedroom, a large double with a dual aspect. Opposite is a bathroom with shower cubicle, wash hand basin and WC. At the other end of the landing is a further bedroom with en suite bathroom comprising bath, wash hand basin and WC. Adjoining these rooms is a further double bedroom. In total the accommodation extends to about 2300 sq ft.
Outside
Burrsville is well screened from the Frating Road with mature hedging. A block paved driveway provides ample parking with a turning area and leads to the detached double garage with two sets of opening doors and having power and light connected. Above is a storage area.
At the rear of the property is a garden of lawns with mature trees. Part way down the garden is a large outbuilding with a large studio suitable for a variety of uses with a kitchen and toilet. There are two large storage buildings and a workshop whilst at the rear of the building are two further stables.
The remainder of the gardens are laid to lawn with a variety of trees enclosed by hedging. There is an access point through to the field that extends to 5 acres and has separate access via a 5 bar gate out to the corner of the field. The field is enclosed by post and rail fencing and has a large man"ge. The modern stabling has a concrete courtyard with lighting with five, 12 x 12 stables with a tack room and store at one end and storage barn at the other. In total the plot extends to 6 acres.
Location
Burrsville is found in the countryside on the outskirts of Thorrington bordering Frating and Great Bentley, the latter being the larger of the three and offering a primary school, pub, Tesco express and a railway station which serves the Clacton to London Liverpool Street line. Wider educational facilities are found in neighbouring Brightlingsea with its waterside facilities. Both Clacton and Colchester provide wider amenities and can be accessed from either the A133 or B1071 with more major shopping areas and retail parks.
Directions
Use postcode CO7 8HT in SatNav
Important Information
Council Tax Band F
Services - We understand that mains water and electricity are connected to the property. Central heating is oil fired. Drainage is via a private cess pit within the curtilage of the property.
Tenure - Freehold
EPC rating F
Our ref - COL250326
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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