3 bedroom detached for sale

£975,000

3

Bedrooms

Floorplan

Part of our Signature collection is this enchanting Grade II Listed, 17th Century farmhouse, nestled in the Essex countryside offering a rare opportunity to own your own piece of history with many features and stories attached.

Full of period charm and character with many original features, the property is set in garden and grounds of approx. 2.5 acres with equestrian facilities and is ideal for those seeking a rural timeless retreat but is also convenient for major train and roadways to London and popular destinations.



This property has impressive grounds that provide ample space for gardening or simply just enjoying the peace and privacy of country living.

The entrance door opens into the open-plan study with stairs rising to the first floor and built-in storage below. Beyond this is the sitting room, with a wealth of exposed beams and attractive fireplace with wood burning stove.

The generous kitchen/dining room is ideal for entertaining friends and family, with an abundance of light and access to the rear garden. There is a five-ring electric range cooker with extractor fan above, a butler sink, and a range of wooden wall and base units. The floor is tiled throughout this space and concluding the ground floor accommodation is the downstairs cloakroom.

The first-floor landing leads to the three good size double bedrooms, the family bathroom and a wet room. Bedrooms one and two have windows to the front aspect with bedroom two boasting an original fireplace. The third bedroom benefits from a dual aspect and is to the rear of the property.

The bathroom has a white three-piece suite comprising wash hand basin, low level WC and roll-top free-standing bath. There is wooden flooring, part panelling and a radiator.

Outside
The shingle driveway provides space for multiple vehicles with a gate offering side access to the garden and the outbuildings.

The grounds of this property are a real feature, totalling around 2.5 acres. There is a sunny patio which wraps around the house making it ideal for alfresco dining. The more formal garden area is surrounded by mature borders, whilst the remainder is predominantly laid to lawn.

Alongside the stable yard is an historic sound proofed recording studio formally known as the famous Cook House Studios where many famous 70s/80s bands rehearsed and recorded their albums ! This building now has planning consent to rebuild into a self-contained two bedroomed annexe making the whole property ideal for a growing family or to accommodate older members of the family. (Making it a potential 5 bed property!) Plans can be viewed on the planning portal ref no: 22/02042/FUL

At the rear of the garden is also a secluded sound proofed fully functioning garden/office building which is currently being used to work from home by the current vendors.

The garden is stocked with mature shrubs and trees and is easily maintained offering seclusion and countryside views.

The property has two large purpose-built loose boxes/stables in a cordoned off stable yard adjacent to the paddocks. There is the opportunity to rebuild a hay store/third stable.

There is road access from gates and the driveway.


Location

The property is ideally located within a popular village and is in walking distance to many sporting pursuits like fishing and walking at the Hanningfield Reservoir, cafe on the waters edge, woodlands, bridleways, footpaths, Equestrian Showgrounds and riding schools, two local pubs and restaurants, nurseries, infant and junior schools and many large garden centres and the famous RHS Hyde Hall Gardens as well as in easy reach to two nearby towns. (Wickford and Woodham Ferres for supermarkets, petrol stations and takeaways.

Directions

Please use postcode CM3 8DE for SatNav.

Important Information

Council Tax Band D EPC Rating - N/A
Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Freehold
Our ref - CHE240145

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

£ 797075

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
    £ 24375
  • 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

£ 65825
  • 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.

£

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
    £

    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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