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£750,000
Bedrooms
Bathrooms
Part of our Signature collection - Situated in the popular village of Ardleigh on an exclusive development of just 3 properties is this stunning four bedroom detached bungalow with double garage, driveway and landscaped rear garden.
As well as four well proportioned bedrooms there is a large kitchen/diner with vaulted ceiling, living room with bi-folding doors to the garden, utility room, two ensuites and family bathroom. The bungalow further benefits from solar panels and underfloor heating throughout.
An inviting entrance hall has engineered oak flooring, two windows to front, airing cupboard and storage cupboard.
Glazed double doors lead to a comfortable living room benefitting from vaulted ceiling with two Velux windows, log burner and bi-folding doors to the patio.
The kitchen/dining room also has a vaulted ceiling with Velux windows, further windows to both sides and bi-folding doors to the garden, sink inset to worksurface with cupboards and drawers under, central island with hob and extractor inset to work surface with cupboards and drawers under, range of integrated Neff appliances including full length fridge and freezer, dishwasher and double eye-level oven. A utility room has a door to side and door to double garage, sink unit inset to work surface with cupboards under, matching eye-level units, cupboard with space and plumbing for washing machine, space for tumble dryer.
The principal bedroom has French doors to the garden, window to side and two built in wardrobes. An ensuite has obscure window to side, shower, vanity wash hand basin, low-level WC and heated towel rail. Bedroom two has a window to front and ensuite with obscure window to side, shower, low-level WC, vanity wash hand basin and heated towel rail. Bedroom three has a window to side and built in wardrobe. Bedroom four/study has a window to side. The family bathroom has panel enclosed bath with shower attachment, low-level WC, vanity wash hand basin and heated towel rail.
Outside
To the front of the property there is a gravel driveway and double garage with electric roller doors. The garage has been partially converted to a workshop, which could be easily removed if required.
There is a good amount of space to either side of the bungalow to planting/storage.
The rear garden has been beautifully designed and landscaped with a range of structures, plants, shrubs, lawned and shingle areas, backing onto a vineyard.
Location
The Vines is located in the north eastern outskirts of Colchester and the centre of the village of Ardleigh. The village itself offers good amenities including a primary school, pub/restaurant, church, village hall, petrol station, shop and a sailing and bowls club.
Colchester offers wider facilities which are easily accessed with educational facilities from secondary schooling through sixth form to the University of Essex. Numerous retail parks and supermarkets are scattered throughout with the nearest including Tesco, Waitrose and Lidl. The mainline North Station provides services to London Liverpool Street.
Directions
Please use the postcode CO7 7PR for SatNav.
Important Information
Important Information
Services Mains water, mains electricity, private drainage and heating/hot water via an air source heat pump
EPC rating A
Council Tax Band F
Tenure Freehold
Ref - MAN250183/JBG
Agents note
We understand there is an annual maintenance fee of approximately 400.
Map location is not available for this property.
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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