5 bedroom detached for sale

£900,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

GUIDE PRICE - 900,000 - 950,000

As part of our Signature collection is this contemporary detached house offering superb modern living space and finished to a high specification, a short distance to the village centre and popular schooling.

The property has landscaped gardens with a detached air conditioned studio / games room.



The property is accessed via a fully glazed entrance door with glazed side panels which leads to an entrance with polished tiled flooring and an oak staircase to the first floor. The hallway also gives access to the cloakroom comprising wash hand basin and a WC.

The lounge to the right hand side has a feature fireplace and TV recess, bay window to the front, two windows to the side and bi-fold doors that lead to the rear garden and patio terrace.

Double doors from the lounge lead to the dining area which features as part of the open plan kitchen arrangement with the kitchen and dining area having polished tiled flooring. The kitchen is fitted with a range of units with quartz work surfaces, a large island incorporating a wine cooler and breakfast bar area, twin high level Neff ovens, one with a warming drawer, four ring Neff ceramic hob with a stylish extractor over, integrated dishwasher and fridge freezer. There are triple windows to the side and bi-fold doors leading to the rear garden.

A door from the kitchen leads to a utility room comprising fitted work surface, storage cabinets, plumbing for washing machine, inset sink, wall mounted gas boiler, polished tiled flooring and door to the side.

From the kitchen and to the front of the property is a boot room which leads to an office which has plenty of fitted workstation units, polished flooring, store room and is airconditioned.

The oak staircase has a glass balustrade and gives access to all five bedrooms and family bathroom.

The principal bedroom is located to the front of the house and features a dressing room with storage, rooflight window and a door leading to the contemporary en-suite which has a vaulted ceiling, triangular window, walk-in shower, vanity sink and WC.

Bedroom two is located to the rear and also has en-suite facilities with walk-in shower, vanity sink and WC.

Bedrooms three and four are both double rooms and bedroom five faces the front.

The family bathroom has a contemporary four piece suite comprising a panel bath with sensor taps, WC, walk-in shower, vanity sink and tiled flooring.

Outside
To the rear of the property there is an attractive landscaped garden with a paved patio terrace and the remainder being laid with artificial turf and an inset trampoline. The garden is enclosed by fencing and also features a large airconditioned studio which has bi-fold doors. This is an excellent entertaining space / games room.

There is also a covered area which is wired for a hot tub.

At the front of the property there is ample off road parking via a block paved driveway for numerous vehicles, caravan or boat and an Anderson EV charger.


Location

The property is situated a short distance to the village centre and popular primary school. Within the village there are two public houses, Co-op store which incorporates a Post Office, doctors surgery and pharmacy and a further convenience store.

The A12 can be accessed London bound for the M25 and Colchester North Station is also a short distance away offering services to London Liverpool Street, Ipswich and Norwich.

Directions

SatNav - postcode CO6 3BX

Important Information

Council Tax Band G EPC rating B
Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold
Our ref - TOL250130

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 745200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 70200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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