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£1,250,000 Guide Price
Bedrooms
Bathrooms
Part of our Signature collection, a unique five/six bedroom detached family home offering 3,420 sq.ft of architecturally designed accommodation with fantastic onward potential, set within grounds in excess of 9.5 acres with stunning westerly views.
Originally part of Olivers Orchard, this impressive property was designed by the renowned architect Bryan Thomas in the early 1970s, and offers his inspiring angular perspective allowing bright and versatile living space over two floors with a layout perfect for entertaining. The grounds offer stunning views and private walks interspersed by the orchards that offer a huge variety of apple, plum and greengage trees.
The accommodation commences with a tiled reception hall separating the formal accommodation from the ground floor bedrooms and shower room. The magnificent kitchen/dining room is a light and airy space with views and access to the rear garden with a vaulted ceiling looking up towards the studio room. The kitchen is well equipped with a range of storage units and integrated electric oven, hob, dishwasher and fridge complete with walk-in pantry and also provides access to the double garage with electric roller shutter door. The utility room is a generous size offering a further range of storage cupboards, plumbing for appliances and access to the side garden.
The spacious part-vaulted living room has a feature brick fireplace and a dual aspect with double doors to the garden. To the south wing there are three ground floor bedrooms, all of which provide versatile accommodation for multiple uses.
On the first floor the landing has a wonderful glass atrium and there are three extremely well-proportioned bedrooms. To the south wing are two double bedrooms, both with built in storage and a family bathroom comprising bathtub, wc and wash basin. To the other side of the landing is the principal bedroom suite with a range of built-in wardrobes, eaves storage and ensuite bathroom with bathtub, wc, twin sinks and a separate walk-in shower. From the principal bedroom sliding doors lead into the studio room which has a glass mezzanine overlooking the kitchen and spectacular views over the countryside beyond.
A door leads on to the west facing balcony which provides the perfect haven offering magnificent sunset views towards Tiptree on a clear day as well as Abberton Reservoir and Layer Marney Towers.
The property is approached by a shared entrance and driveway which leads between the neighbouring land and small development. The orchard lined driveway continues up to the private entrance to Oxley House which is enclosed to the front by post and rail fencing and electric gates.
The grounds, which are in excess of 9.5 acres, contain many established fruit trees and wildlife areas with a central woodland separating the back meadow from the formal grounds which surround the house. There are also storage sheds and a pool house which require repairs. The house offers a private and peaceful setting well away from Mersea Road, suitable for families and animal lovers.
We understand the entrance to Oxley House has formal planning permission for two executive homes and await planning permission for a further three.
The property has a right of access over the entrance and shared driveway which leads to the privately owned driveway for Oxley House.
Further land adjacent to the property is being retained by the current owners, still leaving Oxley with approximately 9.5 acres of private grounds.
Location
The property is located in the village of Abberton which has a good primary school (Langenhoe Community School) and a community village store. Abberton lies approximately 1.5 miles east of Abberton Reservoir and around 4 miles south of Colchester, Britains oldest recorded town. The immediate area is largely rural with the equally picturesque neighbouring villages of Layer de la Haye, Fingringhoe, Langenhoe and Peldon. The Strood for Mersea Island is just under 3 miles away and the island offers some lovely beach walks, seafood restaurants, water sports activities and clubs, alongside oyster and fish sales straight from the boat yard.
There are also educational facilities include Colchester Grammar School and Holmwood House. For commuters, Colchester Station (North) is 5.6 miles from the property with express trains in under an hour to London Liverpool Street.
Directions
Head towards Mersea island from Colchester on the Mersea Road/ B1025. When entering the village of Abberton, the entrance to the property can be seen shortly after on the right hand side behind black post and rail fencing.
Important Information
Council Tax Band - G
Services - We understand the property is on mains water and electricity, with a private drainage system (which requires updating and this has been reflected in the guide price) together with oil fired central heating.
Tenure - Freehold
EPC rating D
Our ref - BMR
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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