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£700,000 Guide Price
Bedrooms
Bathrooms
Part of our signature collection, Magnolias is a beautifully presented and spacious two/three bedroom detached bungalow, set in the heart of the popular village of West Bergholt.
The property has been extended and improved over recent years by the vendors to create a tastefully decorated and contemporary interior offering generous and versatile living space throughout.
The entrance hall has a large walk-in cupboard, coat cupboard and doors leading to both bedrooms and the dining room.
The separate dining room benefits from having a delightful bay window with fitted shutters overlooking the driveway, a stylish gas fire and fitted storage cupboards. This room could easily be used as another bedroom if required.
The impressive kitchen/dining area has solid wood flooring throughout, French doors which look out to the private side section of the garden, a gas fire, bespoke cupboards with an array of drawers under, a range of built-in high end Bosch appliances and a large island with additional storage, bin store cupboard and space/plumbing for a dishwasher.
Integrated appliances include an inset induction hob with extractor fan, microwave and steamer ovens and warming drawer. A large pantry gives additional storage space as well as the utility which has been fitted with matching base and eye level units with work surface and inset butler sink, a side door and space/plumbing for a freestanding fridge freezer, another undercounter freezer, washing machine, and tumble dryer.
Opposite the utility room is a cloakroom.
Leading from the kitchen/dining room is the sitting room which has a beautiful vaulted ceiling with three Velux windows and French doors opening out to the rear garden and decking.
Both bedrooms are immaculately presented and very generous in size.
Bedroom one, at the very front of the property has two double glazed windows with fitted shutters, a fitted wardrobe and a door leading to the en-suite shower room comprising shower cubicle, low level WC, wash hand wash basin into stylish vanity unit,and an obscured window to the side.
Bedroom two has a Velux window with built-in blind, a fitted wardrobe, a window overlooking a section of the garden and a sliding oak door which opens into a beautiful en-suite bathroom. Perfect for that evening soak, the roll top bath gives that touch of luxury along with the freestanding tap with shower attachment, low level WC and hand wash basin.
Outside
The property is approached via a private road which leads to the front of the property where a large shingle driveway provides ample off road parking for several vehicles.
To the left hand side of the bungalow there is an additional parking area for up to two cars and a gate leads to the rear garden.
The beautifully landscaped rear garden is enclosed by fencing with well stocked and established borders of flowers, plants, trees and shrubs. There are three secluded and immaculate sections to the beautiful garden. the first of which has a large patio area with metal pergola and a gate which leads to another section which houses two large sheds, more beautiful raised sleeper flower beds, and a patio.
At the very rear of the bungalow the third section has a stepped decking area, patio with timber pergola and artificial turf with more established flowering beds.
Location
Magnolias is situated on a private lane in the heart of the village of West Bergholt, to the west of Colchester. This highly sought-after village is known for its excellent local amenities including a primary school, pubs, Co-op, pharmacy, doctors surgery and Post Office. There is good access to Colchester North mainline station with direct links to London Liverpool Street and the A12, Ipswich and London bound.
Directions
Upon entering the village of West Bergholt from Braiswick, proceed along Colchester Road taking the left turn at the mini roundabout onto Chapel Road. Continue past the duck pond where The Avenue will be located on the left hand side. Magnolias is situated towards the end on the right hand side.
Important Information
Council Tax Band - D EPC rating - D
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
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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