8 bedroom detached for sale

£4,500,000 Offers in excess of

8

Bedrooms

5

Bathrooms

Floorplan

''''' OFFERS IN EXCESS OF 4,500,000 '''''

A SPACIOUS EIGHT DOUBLE BEDROOM DETACHED FAMILY RESIDENCE ON MANOR ROAD CHIGWELL BACKING THE GOLF COURSE. THIS HUGE GATED PROPERTY IS OVER 11,760 SQUARE FEET IN SIZE, ARRANGED OVER THREE FLOORS WITH AN INDOOR SWIMMING POOL WITH A RETRACTABLE ROOF.

ON THE GROUND FLOOR THERE ARE SIX RECEPTION ROOMS WITH A SPACIOUS LOUNGE-DINING ROOM MEASURING 30 7' x 25 2'. A SPACIOUS BESPOKE SOLID OAK FITTED KITCHEN-BREAKFAST ROOM MEASURING 28 2' x 27 10' AND A CINEMA-GAMES ROOM MEASURING 30 1' x 19 3'. THERE IS A LARGE GYM AND A HUGE COVERED SWIMMING POOL-LEISURE AREA WITH A RETRACTABLE ROOF AND BAR MEASURING 64 4' x 39 1'.

THE MASTER BEDROOM IS OF AN EXCELLENT SIZE WITH DUAL ASPECT WINDOWS AND AN EN-SUITE BATHROOM. THERE ARE FIVE FURTHER BEDROOMS ON THE FIRST FLOOR ALL WITH BESPOKE FITTED WARDROBES, THREE HAVE EN-SUITES AND A FAMILY BATHROOM.

ON THE SECOND FLOOR THERE ARE TWO SPACIOUS DOUBLE BEDROOMS WITH LARGE DRESSING AREAS AND WITH EN-SUITES.

ON ENTERING THIS SPACIOUS FAMILY HOME THE ENTRANCE HALL IS OF AN EXCELLENT SIZE MEASURING 23 4' x 17 3'. THERE IS WOOD PANELING TO THE WALLS AND ROOM ZONED UNDERFLOOR HEATING TO THE GROUND FLOOR. THE PROPERTY HAS HIGH CEILINGS WITH ORNATE COVINGS AND DECORATIVE WALL MOULDINGS.

THE LOUNGE-DINING ROOM IS OF AN EXCELLENT PROPORTION WITH WINDOWS TO THE REAR GARDEN ASPECT WITH VIEWS OVER THE GOLF COURSE AND DOUBLE DOORS TO THE KITCHEN-BREAKFAST ROOM.

THE GAMES-CINEMA ROOM IS OF A GOOD DIMENSION WITH A PROJECTOR AND LARGE CINEMA SCREEN, THERE ARE BI-FOLDING DOORS TO THE REAR GARDEN.

THE BESPOKE SOLID OAK KITCHEN-BREAKFAST ROOM IS OF AN EXCELLENT PROPORTION WITH A FINE SELECTION OF STORAGE UNITS AND A LARGE ISLAND FINISHED OFF WITH GRANITE WORK TOP WHICH INCLUDES A BREAKFAST BAR. THERE ARE GOOD QUALITY INTEGRATED APPLIANCES WITH A GAS HOB RANGE MASTER WITH OVENS WITH GRILLS, FRIDGE-FREEZER, WINE-DRINKS FRIDGES AND DISHWASHER. THERE IS A STUNNING ROOF LANTERN AND BI-FOLDING DOORS TO THE REAR GARDEN.

THERE IS A UTILITY ROOM, A GUEST CLOAKROOM OFF THE KITCHEN AREA AND ACCESS TO THE DOUBLE INTEGRAL GARAGE.

THE GYM AND THE INDOOR HEATED SWIMMING POOL-LEISURE AREA ARE ACCESSED FROM THE BREAKFAST AREA, THERE IS IS A CHANGING ROOM WITH A SHOWER AND TOILET, THE ROOF OF THE SWIMMING POOL-LEISURE AREA IS OF AN EXCELLENT SIZE MEASURING 64 4' x 39 1' AND HAS A REMOTE CONTROLLED RETRACTABLE ROOF.

THERE ARE THREE FURTHER RECEPTION ROOMS ON THE GROUND FLOOR, A STUDY WITH A WINDOW TO THE FRONT ASPECT OF THE PROPERTY, A TELEVISION-ROOM AND A SITTING ROOM, BOTH HAVE WINDOWS TO THE FRONT ASPECT OF THE PROPERTY.

THE FIRST FLOOR HAS A LARGE GALLERIED LANDING WITH FRENCH DOORS TO A BALCONY TO THE FRONT ASPECT OF THE PROPERTY.

THE MASTER BEDROOM IS OF A HUGE DIMENSION WITH DUAL ASPECT WINDOWS TO THE FRONT AND REAR GARDEN VIEWS OVER THE STUNNING CHIGWELL GOLF COURSE. THERE ARE BESPOKE FITTED WARDROBES AND A FIVE PIECE EN-SUITE BATHROOM.

BEDROOMS TWO AND THREE HAVE BESPOKE FITTED WARDROBES, EN-SUITE SHOWER ROOMS AND WINDOWS TO THE FRONT ASPECT OF THE PROPERTY.

BEDROOM FOUR HAS FITTED WARDROBES, AN EN-SUITE SHOWER ROOM AND A WINDOW TO THE REAR GARDEN ASPECT.

THERE ARE TWO FURTHER BEDROOMS, ONE IS CURRENTLY BEING USED AS A BESPOKE FITTED DRESSING ROOM AND THERE IS A FAMILY BATHROOM.

ON THE SECOND FLOOR, THE LANDING IS OF A GOOD SIZE WITH AMPLE STORAGE AREAS.

BEDROOMS SIX AND SEVEN ARE OF GOOD DIMENSIONS SPACIOUS FITTED DRESSING AREAS, ONE HAS AN EN-SUITE SHOWER ROOM AND THE OTHER HAS AN EN-SUITE BATHROOM.

THE COMPLETE PLOT SIZE IS 0.52 OF AN ACRE WITH A LANDSCAPED REAR GARDEN MEASURING 98 x 113 WITH AMAZING VIEWS OVER THE GOLF COURSE.

THE FRONT OF THE PROPERTY HAS A SPACIOUS GATED CARRIAGE DRIVEWAY WITH EXCELLENT PARKING, A DOUBLE GARAGE AND A SINGLE FULL LENGTH GARAGE.

TO FULLY APPRECIATE THE SIZE OF THIS SPACIOUS FAMILY RESIDENCE, A VIEWING IS HIGHLY RECOMMENDED.

''''' TO ARRANGE A VIEWING PLEASE CONTACT JOHN THOMA BESPOKE ESTATE AGENCY '''''

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

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

£ 3941450

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
    £ 112500
  • 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

£ 566450
  • 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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