7 bedroom detached for sale

£3,000,000 Offers in excess of

7

Bedrooms

4

Bathrooms

Floorplan

A SPACIOUS CHAIN FREE SEVEN BEDROOM DETACHED FAMILY HOME ON ONE OF CHIGWELLS MOST SOUGHT AFTER ROADS WHICH IS ONLY A SHORT WALK TO THE CENTRAL LINE, GOOD SCHOOLS, LOCAL SHOPS, RESTAURANTS AND LOCAL AMENITIES.

THIS LARGE PROPERTY IS WELL PRESENTED THROUGHOUT ON A DECENT SIZED PLOT OF 0.34 OF AN ACRE AND IS CURRENTLY OVER 5,000 SQUARE FEET IN SIZE WITH EXCELLENT SCOPE TO DEVELOP SUBJECT TO PLANNING PERMISSION.

ON ENTERING THE PROPERTY THE HALLWAY IS OF AN EXCELLENT SIZE MEASURING 18 3' x 13 11' WITH A COAT-SHOE CUPBOARD AND A GUEST CLOAKROOM.

THE LOUNGE-CINEMA ROOM IS SPACIOUS MEASURING 25 11' x 14 5' WITH A FITTED PROJECTOR, A FEATURE FIREPLACE, A BAY WINDOW TO THE FRONT ASPECT AND A DOOR LEADING INTO THE GAMES ROOM.

THE GAMES ROOM IS ALSO VERY SPACIOUS MEASURING 25 9' x 20 8' WITH BI-FOLDING DOORS TO THE STUNNING REAR GARDEN AND A STORAGE CUPBOARD. THERE ARE DOUBLE DOORS LEADING INTO THE LARGE GARAGE WHICH MEASURES 21 8' x 13.

THE DINING ROOM IS OF A GOOD SIZE MEASURING 15 x 13 11' WITH A WINDOW TO THE FRONT ASPECT OF THE PROPERTY.

THE FAMILY ROOM MEASURES 21 7' x 12 4' JUST OFF THE KITCHEN / BREAKFAST ROOM WITH BI-FOLDING DOORS AND WINDOWS TO THE REAR GARDEN ASPECT.

THERE IS A STUDY / TELEVISION ROOM IS OF A GOOD SIZE MEASURING 15 x 9 7' WITH A DOOR AND A WINDOW TO THE SIDE ASPECT OF THE PROPERTY.

THE KITCHEN / BREAKFAST ROOM HAS GOOD QUALITY INTEGRATED APPLIANCES, WHICH INCLUDES A GAS HOB WITH AN EXTRACTOR, TWO OVENS WITH GRILLS, A MICROWAVE OVEN, DISHWASHER AND A MICROWAVE OVEN. THE ARE BESPOKE FITTED STORAGE UNITS, GRANITE WORK TOPS AND A WINDOW TO THE REAR GARDEN ASPECT.

THE UTILITY ROOM IS JUST OFF THE KITCHEN AREA WITH FITTED UNITS AND A DOOR TO THE GARDEN.

ON THE FIRST FLOOR LANDING THERE IS AN AIRING CUPBOARD WITH A HOT WATER CYLINDER.

BEDROOM TWO HAS BESPOKE FITTED WARDROBES, A WINDOW TO THE REAR ASPECT OF THE PROPERTY AND A MODERN FOUR PIECE EN-SUITE BATHROOM.

BEDROOM THREE HAS TWO WINDOWS TO THE REAR GARDEN ASPECT, A MODERN EN-SUITE SHOWER ROOM AND BESPOKE FITTED WARDROBES.

BEDROOM FOUR HAS A WINDOW TO THE FRONT ASPECT OF THE PROPERTY AND BESPOKE FITTED WARDROBES.

BEDROOM FIVE HAS A WINDOW TO THE FRONT ASPECT OF THE PROPERTY, BESPOKE FITTED WARDROBES AND STORAGE TO THE EAVES SPACE.

BEDROOM SIX HAS A WINDOW TO THE FRONT ASPECT OF THE PROPERTY AND A LARGE WALK IN WARDROBE.

BEDROOM SEVEN HAS A WINDOW TO THE FRONT ASPECT OF THE PROPERTY AND BESPOKE FITTED WARDROBES.

THE FAMILY BATHROOM HAS A MODERN FOUR PIECE SUITE AND AN OBSCURE GLASS WINDOW TO THE REAR GARDEN ASPECT.

THE MASTER BEDROOM IS ON TWO LEVELS, ON THE FIRST FLOOR THERE IS A LARGE AREA WITH A WINDOW TO THE REAR GARDEN ASPECT, A MODERN EN-SUITE WET ROOM WITH TWIN HAND BASINS, AN OBSCURE GLASS WINDOW AND TWO FITTED DRESSING ROOMS.

ON THE SECOND FLOOR THE MASTER BEDROOM IS OF AN EXCELLENT SIZE WITH AN ADDITIONAL TOILET AND THERE IS ACCESS TO A HUGE LOFT AREA OF 1,455 SQUARE FEET WHICH HAS AMAZING SCOPE TO DEVELOP SUBJECT TO PLANNING PERMISSION.

EXTERNALLY THE LARGE SOUTH FACING REAR GARDEN IS BEAUTIFULLY LANDSCAPED WITH A HEATED SWIMMING POOL, AN OUTBUILDING WITH A SHOWER, TOILET AND A CHANGING ROOM AREA, A LARGE PAVED PATIO, A FITTED BBQ AREA AND SIDE ACCESS TO THE FRONT OF THE PROPERTY.

THE FRONTAGE HAS A SPACIOUS CARRIAGE DRIVEWAY WITH PARKING FOR SEVERAL CARS AND ACCESS TO THE LARGE INTEGRAL GARAGE.

PLEASE CONTACT JOHN THOMA BESPOKE ESTATE AGENCY TO ARRANGE TO VIEW THIS SPACIOUS FAMILY HOME.

Agent Note: The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.



Features
  • Freehold

Map location is not available for this property.

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

£ 2598950

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
    £ 75000
  • 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

£ 348950
  • 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

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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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