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£750,000
Bedrooms
Bathrooms
Part of our Signature collection is this significantly extended four bedroom detached home which has been extensively modernised by the current owners in recent years.
The property has a 28 x 24 kitchen/family room, a separate 19 lounge and a rear garden in excess of 100 in depth.
The entrance door leads into a 24 entrance hall which has a Velux window, fitted cupboards, stairs rising to the first floor, an understairs storage cupboard, radiator and doors leading to the kitchen/family room and the lounge. The lounge is an impressive 19 in length with two radiators and a feature fireplace.
The kitchen/family room offers excellent entertaining space with a range of modern work surfaces with cupboards and drawers under, matching eye level units, an island with a sink and mixer taps, space for a large single unit fridge/freezer, integrated hob, extractor hood, two ovens, three Velux windows, integrated dishwasher and microwave, inset spotlights, two sets of bi-fold doors leading onto the rear patio and access to the utility room which has work surfaces, space for a washing machine and tumble dryer, eye level units, inset spotlights and a door to the cloakroom comprising a low level WC, wash hand basin and part tiled walls.
On the first floor the landing gives access to the loft space, a radiator and doors leading to the four bedrooms and family bathroom.
Bedroom one has a radiator, window overlooking the rear and also an en-suite shower room comprising a walk-in shower, low level WC, wash hand basin, heated towel rail, extractor fan, tiled walls and floor.
Bedroom two has a window overlooking the front, a radiator and airing cupboard.
Bedroom three has a window to the front and radiator. Bedroom four is currently used as a dressing room with a range of fitted wardrobes along one wall, a radiator and windows to the front.
The bathroom has a panel bath with mixer taps and shower attachment, separate shower cubicle, wash hand basin with cupboard under, low level WC, heated towel rail and tiled walls.
Outside
To the front of the property there is a block paved driveway which gives access to the single integral garage which measures 164 x 81 with power and light connected and double doors opening to the front. Outside tap and external power point.
There is a further shingle parking area to the front which can be closed off from the road with a five-bar gate and there is gated pedestrian access to both sides of the property which leads to the rear garden. There is external uplighting within the laurel hedging.
The rear garden has a paved patio and is predominantly laid to lawn, enclosed by wooden panel fencing measuring in excess of 100 in depth.
There is a shed and summerhouse which we understand will remain at the property, an outside tap and external power point. There is also sensor lighting and lighting integrated into the facias to the rear and sides of the property.
Location
The property is situated in the popular village of Bradfield which is approximately 3 miles from the town of Manningtree.
Bradfield itself offers a well-regarded primary school and also has a village store, recreation ground and there are established countryside walks.
The nearby town of Manningtree has a railway station with mainline links to London, a Co-Operative Store, Tesco Express, cafes and a wider range of amenities.
Directions
Please use postcode CO11 2QY for SatNav.
Important Information
Council Tax Band D EPC Rating - D
Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold
Our ref - COL240313
Agents Note
There is CCTV and an alarm system which the current owners have advised will be remaining.
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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