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£799,995
Bedrooms
Bathrooms
++ 15,000 stamp duty incentive' for a pre-Christmas 2025 completion ++
The Primrose is a stunning double fronted home and is designed for modern family living, with separate lounge, home office and fabulous kitchen dining family room. Arbora Homes pours its trademark attention to detail into every home they build, focusing on quality, energy efficiency and sustainable living. Enjoy a host of high specifications and features that seamlessly blend the interior living spaces with the outside areas.
Welcome to Paddock View, where you will find some beautiful homes for everyone to cherish.
With its blend of rural charm and proximity to Colchester, Paddock View is seamlessly woven into the picturesque landscape of Plummers Road in Fordham.
Meticulously crafted and thoughtfully designed, the 17 homes have been strategically positioned to offer private amenity spaces and create a tapestry of landscaped buffers to bring serenity to this rural haven.
Striking a harmonious balance between a peaceful rural lifestyle and accessibility to the cultural and economic offerings of the nearby city of Colchester, Paddock View is an idyllic place to call home.
Room Measurements:
Kitchen/Dining/Family Room 1210' x 341'
Utility Room 61' x 126'
Lounge 122' x 186'
Study 12 x 122'
Cloakroom 311' x 43'
Single Garage 1010' x 23
Master Bedroom 1010' x 1210'
Dressing Room 611' x 611'
En Suite To Master 411' x 73'
Bedroom Two 1210' x 169'
En Suite To Bedroom Two 411' x 810'
Bedroom Three 112' x 122'
Bedroom Four 112' x 122'
Bathroom 73' x 122'
'subject to terms and conditions, please speak to Fenn Wright Estate Agents
Location
Paddock View is perfectly located to provide a rural lifestyle whilst being well-connected .
A stones throw from the A12 and A120, gives easy access to the cities of Colchester and Chelmsford, whilst also providing further access to the M25 and M11 motorway networks in under an hour. The nearest train station at Marks Tey is less than four miles away with direct trains to London in under an hour. With London Stansted Airport, a mere 45 minutes away.
Directions
Sat nav CO6 3NR
Important Information
Council Tax Band - TBC
Services - We understand that mains water, drainage and electricity are connected to the property. Heating is via Air Source Heat Pump.
Tenure - Freehold
EPC rating - B
Management charge - Homes are subject to an estate charge of 475.54 per annum (please refer to the sales advisor for further details).
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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