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£750,000 Offers over
Bedrooms
Bathrooms
Part of Our Signature Collection. This extended four bedroom semi detached home stands on a plot of around 6.3 acres with a mixture of formal gardens and open grassland, offered with No Onward Chain.
This property has been modernised and extended over the years to provide a comfortable family home with two reception rooms, sizeable kitchen with utility a ground floor bedroom with en-suite and an additional ground floor shower room with three further bedrooms on the first floor.
Upon entering, the hallway has stairs to the first floor and provides access to all principal rooms.
The sitting room is dual aspect with French style patio doors to the side and a feature brick fireplace with woodburning stove.
The adjacent dining room has a feature brick wall with integral cupboard, window to the front and double quarter pane doors leading to the kitchen which has a good range of wall and base cupboards, space for a range oven with extractor hood over, integral dishwasher and two skylights provide natural light.
A utility room provides space for the washing machine, tumble drier and freezer.
The principal bedroom is on the ground floor and is again dual aspect with sliding patio doors to the rear and fitted wardrobes to two walls and door to the en-suite shower room.
A separate shower room is accessed from the hallway.
On the first floor there are three bedrooms off the landing which has a window to the rear.
The second bedroom has triple aspect windows flooding the room with natural light.
The fourth bedroom is adjacent with window to the front aspect with integral wardrobe whilst bedroom three has integral wardrobe and window to the rear.
Outside the house is accessed via a shared entrance that leads to a personal driveway to the parking area. The property has an enclosed courtyard immediately to the rear with a roofed pergola to offer shade in the South facing garden and useful external WC with wash hand basin and gas fired boiler. There is also a formal garden to the side that leads on to the orchard and open field.
Location
The property is situated equidistant of the villages of Ardleigh and Lawford, both of which have primary schooling and local shopping facilities for day to day needs. The larger town of Manningtree has a wider selection of shops, restaurants, public houses, senior schooling and railway station with direct links to London Liverpool Street.
Directions
Please enter the postcode CO11 2LS for Sat Nav where the property will be identified by a Fenn Wright Signature for sale sign.
Important Information
Council Tax Band - E
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - TBC
Agents note. There is planning permission on the adjoining land for a single storey dwelling. A covenant will be added that no additional residential dwellings can be built on the land.
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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