3 bedroom detached bungalow for sale

£875,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

NO ONWARD CHAIN '' Harris + Wood are proud to present to the market this executive, five bedroom detached house, nestled on the edge of Prettygate on the West side of Colchester just off Shrub End Road this stylish and spacious, extended and renovated five bedroom detached family home.
This is a rare opportunity for someone to purchase a one off property which has been beautifully designed throughout but also the finish which is immaculate, finishing off with beautiful custom woodwork throughout. Radiating nothing but elegance from start to finish, this property is ideal for those looking to move straight in without having to lift a finger.
Conveniently situated within a school catchment area and being within walking distance to Colchester Royal Grammar School, this property offers not just a home, but a lifestyle, a harmonious blend of comfort, convenience, and timeless allure.
As you step inside, you are welcomed by a large and airy hallway benefitting from stunning Parquet Karndean flooring and bespoke fitted storage for shoes and coats. To finish off, you will find a solid oak staircase rising to the first floor landing and doors giving access to all of the ground floor accommodation.
The reception room to the front of the property could easily be used as a second sitting room/snug, the second reception room would be ideal as a playroom or home office, depending on what is preffered. The shower room situated downstairs with Lusso stone has been finished to a high standard.
Furthermore there is a prep kitchen, handy for those who do a lot of entertaining for family and friends and wish for the cooking prep to be hidden behind the scenes. There is also a handy utility room which benefits from having French doors leading out onto the beautifull landscaped rear garden.
The main part of the house has to be the simply stunning and open plan kitchen/diner/lounge area, a room which you have to see to appreciate the space on offer, ideal for entertaining friends and family alike. With windows, French and bi-folding doors this room is filled with natural light. The kitchen is a Bespoke inframe kitchen with real oak carcass and Samsung appliances, with an added benefits of a feature island in the middle. The lounge area is further enhanced by having a Bespoke media wall with electric fire and LED lit ceiling.
Ascending to the first floor landing, you will find five good size bedrooms, with the master bedroom benefitting from French doors leading out onto the Juliet balcony with views over the rear garden, hand built wardrobes plus a beautifully designed en suite shower room. Bedroom two also benefits from a Juliet balcony with views over the garden. Bedrooms three, four and five are also double in size. To finish off, the family bathroom, again by Lusso stone this offers a free standing bath, luxurious walk in shower, LLWC and wash basin with window opening to the rear.
To the front of the property, there is a shingled driveway which provides ample off road parking whilst to the side/rear there is a detached garage. The patio area has recently been laid with 90sqm of porcelain tile whilst the garden area is mainly laid to lawn, a garden of excellent size as Im sure you will see by the pictures. Finally the property is finished with external up and down lighting and a handy pod point 7kw EV charger.
Entrance Hallway
Kitchen/Diner/Family Room8.74m x 7.52m (28 8' x 24 8')
Prep Kitchen & Utility Room3.35m x 2.24m (11 0' x 7 4')
Study2.82m x 2.72m (9 3' x 8 11')
Snug/Playroom2.82m x 2.72m (9 3' x 8 11')
Shower Room2.44m x 2.26m (8 0' x 7 5')
First Floor Landing
Master Bedroom4.27m x 3.12m (14 0' x 10 3')
Dressing Room3.1m x 2.06m (10 2' x 6 9')
En Suite2.5m x 2.03m (8 2' x 6 8')
Bedroom Two3.89m x 3.38m (12 9' x 11 1')
Bedroom Three4.27m x 3.96m (14 0' x 13 0')
Bedroom Four4.37m x 3.53m (14 4' x 11 7')
Bedroom Five3.84m x 3.07m (12 7' x 10 1')
Bathroom4.22m x 2.67m (13 10' x 8 9')

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

£ 724575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 21875
  • 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

£ 68325
  • 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.

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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

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This is the assumed rate of house price inflation.

Final Property Value

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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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