7 bedroom detached for sale

£3,750,000

7

Bedrooms

7

Bathrooms

Floorplan

''''' 'SOLD BY JOHN THOMA BESPOKE ESTATE AGENCY' '''''

AN AMAZING SEVEN BEDROOM GATED DETACHED HOME ON ONE OF CHIGWELLS SOUGHT AFTER LOCATIONS 'FOREST LANE'. THIS STUNNING PROPERTY IS ONLY A SHORT WALK TO THE CENTRAL LINE, FINE SCHOOLS AND EXCELLENT LOCAL AMENITIES.

A SPACIOUS BEAUTIFULLY FINISHED HOME ARRANGED OVER FOUR FLOORS, THE PROPERTY IS ALMOST 6,500 SQUARE FEET IN SIZE WITH FOUR RECEPTION ROOMS ON THE GROUND FLOOR AND A STUNNING BESPOKE FITTED KITCHEN / BREAKFAST ROOM AND FAMILY ROOM.

ON THE LOWER GROUND FLOOR THERE IS A CINEMA ROOM, A GYMNASIUM WITH A KITCHEN AREA AND A FITTED UTILITY ROOM.

ON THE FIRST FLOOR THE MASTER BEDROOM HAS A BALCONY, A BESPOKE FITTED DRESSING ROOM AND A STUNNING EN-SUITE BATHROOM.

THERE ARE THREE FURTHER BEDROOMS ON THE FIRST FLOOR WITH EN-SUITES.

ON THE SECOND FLOOR THERE ARE TWO BEDROOMS, ONE HAS AN EN-SUITE, THERE IS ALSO A JACK & JILL EN-SUITE AND A HUGE GAMES ROOM WHICH COULD BE A SEVENTH BEDROOM.

EXTERNALLY THERE IS A BEAUTIFULLY LANDSCAPED SOUTH-WEST FACING REAR GARDEN WITH A HEATED SWIMMING POOL WITH A SAFETY COVER AND A SPACIOUS PAVED PATIO. THERE IS AN OUTBUILDING WITH A FITTED KITCHEN, A BARBEQUE AND SEPARATE ACCESS TO A SHOWER-CHANGING ROOM.

TO THE FRONT OF THE PROPERTY THERE IS LARGE GATED PAVED DRIVE AND ACCESS TO A SPACIOUS GARAGE.

A VIEWING IS HIGHLY RECOMMENDED TO APPRECIATE THIS AMAZING 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

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

£ 3270200

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
    £ 93750
  • 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

£ 457700
  • 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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