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£650,000
Bedrooms
Bathrooms
'' STAMP DUTY PAID UP TO 22,000 '' An exceptional brand new four-bedroom detached family home constructed by the highly regarded Hopkins Homes. This property is the last remaining plot on the sought after River Reach development in Mistley.
'' STAMP DUTY PAID UP TO 22,000 ''
This executive home is finished to a high standard and is move in ready. Features include a stunning kitchen/diner with a utility room, a study/playroom, two en suite bedrooms a double garage and private rear garden.
The property greets you with an impressive entrance hall which has stairs rising to the first floor, a generous built in storage cupboard with double doors, a further storage cupboard and a radiator.
A beautifully presented dual aspect kitchen/dining room is set to the right hand side of the property, there is a double glazed sash window to the front aspect, a double glazed window to the rear aspect, a range of built in base and wall mounted units, quartz work surfaces with inset one and a half bowl stainless steel sink, a Rangemaster cooker with extractor over, integrated fridge/freezer and dishwasher. There is tiled flooring and two radiators.
Accessed from the kitchen is a useful utility room which has a double-glazed window and door to the rear, built in units with rolled edge work surfaces, inset stainless steel sink, tiled splashback, tiled floor, radiator, wall mounted gas boiler, space for washing machine and tumble dryer.
Set off the entrance hall is a cloakroom which has a low-level W.C, pedestal wash basin, radiator and extractor fan.
The living room has double glazed bi-fold doors which open onto the rear garden, a brick-built fireplace and two radiators.
The front reception room has a double-glazed sash window to the front aspect and a radiator.
Heading upstairs, the landing has an airing cupboard, radiator, and access to the loft space.
The principal bedroom has a double-glazed sash window to the front aspect, built in wardrobes, radiator, and a door to the en suite shower room. The en suite has a double-glazed sash window to the front aspect, double shower cubicle with wall mounted shower and rainfall shower head. Low level W.C, pedestal wash basin, part tiled walls, radiator, and extractor fan.
Bedroom two has a double-glazed window to the rear aspect, built in storage cupboard, radiator, and door to en suite. The en suite has a double-glazed window to the rear aspect, built in shower cubicle with wall mounted shower, low level W.C, pedestal wash basin, part tiled walls, radiator, and extractor fan.
Bedroom three has a double-glazed sash window to the front aspect, built in wardrobe and radiator.
Bedroom four has a double-glazed window to the rear aspect and radiator.
The bathroom has a double-glazed window to the rear aspect, low level W.C, pedestal wash basin, panel enclosed bath with mixer tap and shower attachment, part tiled walls, radiator and extractor fan.
Externally
To the side of the property a generous driveway provides off road parking and access to a double garage, there are some decorative shrub borders and pedestrian access to the rear garden.
The rear garden is laid to lawn with a paved patio area and pedestrian door to the garage.
The garage has two up and over doors, power and light connected.
Location
River Reach is a stunning development set in the popular village of Mistley built by Hopkins Homes.
Mistley offers a range of facilities including a pre and primary school, village shop, recreational grounds and restaurants as well as a train station.
Manningtree town centre can be found just over a mile away and offers a wider variety of shops as well as a mainline rail station.
Directions
Please use postcode CO11 2PW
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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