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£1,225,000
Bedrooms
Bathrooms
As part of our Signature collection this impressively deceptive lodge, with gardens of approximately half an acre, has been extended and improved to an exceedingly high standard by the current owners.
Offering four good sized bedrooms, three bathrooms, two reception rooms, private garden, stunning kitchen / diner and several outbuildings this home really needs to be seen to be appreciated.
An entrance door leads to a good sized boot room which has a butler sink and the cloakroom.
Walking through the inner hallway you come to the snug with its exposed brickwork. This leads to the stairs to the basement bedroom which has an en-suite shower room comprising a white three piece suite and plenty of storage.
The main sitting room has exposed beams,
log burner, electric radiators, French doors opening to the garden and two further windows. There is access to the loft area via the boot room and sitting room.
From this room is the master bedroom with en-suite bathroom. The bedroom has fitted wardrobes and doors leading out to the garden.
To the opposite side of this property are bedrooms three and four. Both bedrooms are of double size with bedroom four benefitting from a dressing area and an en-suite shower room.
There is a utility room and then the impressive kitchen / diner which offers extensive storage from wall and base units, quartz worktops, range oven, integral dishwasher, sink with boiling water tap, five ring electric hob, extractor fan, an island with seating area and two integrated wine fridges, space for an American fridge freezer and underfloor heating. There are three Velux windows, patio doors leading to the garden, spotlights and underlighting.
Outside
The driveway has space for multiple vehicles leading to the double garage which houses the cesspit and has plenty of storage in its loft space.
The rear garden, measuring approximately half an acre, has a patio with covered seating area which has a louvred roof and retractable sides.
There is also a pond, a workshop, summer house and a building currently being used as a games room.
Location
Chignal St. James is located with easy access to the A12 which in turns leads to the M11 and M25. Chelmsford city centre is close by with its multitude of shops, restaurants and recreational facilities. Chelmsford station is approximately 4 miles away and offers access to London Liverpool Street in approximately 35 minutes.
Directions
SatNav - CM1 4TX
Important Information
Council Tax Band D
Services - We understand that mains water and electricity are connected to the property. Drainage is via a cesspit. There is electric central heating.
Tenure - Freehold
EPC rating E
Our ref - CHE250142
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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