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£535,000 Offers in excess of
Bedrooms
Bathrooms
A superb detached town house on this popular modern development being a former Show Home offered to extremely high standard with contemporary living space, two en-suite shower rooms, garage and parking, close to Stanway Secondary School and Tollgate Shopping District.
A superb five bedroom detached family home situated on this popular modern development conveniently located for Stanway Secondary School, Lakelands Primary and Tollgate Retail and Shopping District.
The property was the former Show Home for the development and is offered to extremely high standard with plenty of storage within this stylish family home.
There is a welcoming entrance hall with stairs to the first floor, ground floor cloakroom and large storage cupboard. Double doors from the hallway lead to the lounge with windows to the front and side. A door to the rear leads to the fantastic kitchen/family room which has a range of fitted units, work surfaces, island feature with five-ring gas hob, AEG oven and grill, integrated fridge/freezer, dishwasher and washing machine plus work surfaces, inset sink and built-in double storage cupboard. There are also double glazed French doors that lead to the rear garden and further windows to the rear and side.
On the first floor landing there is access to three of the five bedrooms, two of which are a good double size and the family bathroom fitted with a modern three piece suite in white. Also on the first floor is a large storage cupboard.
Stairs from the first floor lead to the second floor where the remaining two double bedrooms can be found, both offering en-suite shower rooms and a built-in double wardrobe.
Outside
To the rear of the property there is an attractive garden which is mainly laid to lawn with paved patio and pathways. Enclosed by fencing and brick walling, gated access to the rear which leads to the off road parking space and in turn the garage with up/over door.
Location
The property is situated in this popular modern development, a short distance to Stanway Secondary School, Lakelands Primary School, Tollgate Retail Park and Steinpark Shopping District are a short distance away offering a varied range of shopping facilities. The A12 can be accessed London-bound for the M25, A120 for London Stanstead Airport and nearby railway station at Marks Tey offers services to London Liverpool Street.
Directions
Please use a Sat Nav with postcode CO3 AF.
Important Information
Council Tax Band - F
Services Mains water, drainage, gas and electric are connected.
Tenure - Freehold
EPC B
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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