8 bedroom detached for sale

£12,000,000

8

Bedrooms

7

Bathrooms

Floorplan

'BOWLANDS MANOR' AND 'THE LODGE' ARE LOCATED IN THE HEART OF CHIGWELL VILLAGE IN A STUNNING PICTURESQUE GATED LOCATION OF ALMOST FOUR ACRES AND A SHORT WALK TO CHIGWELLS CENTRAL LINE, FINE SCHOOLS, RESTAURANTS AND LOCAL AMENITIES.

THE PRINCIPLE RESIDENCE OF 'BOWLANDS MANOR' IS A SPACIOUS 12,700 SQUARE FEET IN SIZE AND SET OVER TWO FLOORS. IT HAS FIVE LARGE DOUBLE BEDROOMS EACH WITH EN-SUITES, SEVEN RECEPTION ROOMS, A LIFT AND A GRAND OAK STAIRCASE.

THE PROPERTY HAS BEEN FINISHED AND BUILT TO AN EXTREMELY HIGH STANDARD THROUGHOUT WITH SOLID OAK DOORS AND FLOORING. HIGH CEILINGS WITH ORNATE COVINGS, BEAUTIFUL FEATURE FIREPLACES AND DECORATIVE WALL MOULDINGS. SPECIAL FEATURES ALSO INCLUDE MIELE INTEGRATED APPLIANCES IN THE 'SMALLBONE BESPOKE' FITTED KITCHEN AND A SEPARATE UTILITY ROOM.

A STUNNING BESPOKE STAIRCASE WITH A GALLERIED LANDING. AIR CONDITIONING THROUGHOUT THE PROPERTY WITH EACH ROOM INDIVIDUALLY CONTROLLED TO COOL OR HEAT AS REQUIRED. THERE IS ALSO AN ADDITIONAL FRESH AIR SYSTEM LOCATED IN THE SPACIOUS LOFT STORAGE SPACE, THIS CONTINUOUSLY CIRCULATES THE AIR TO EACH ROOM PROVIDING FRESH AIR WITHOUT HEAT LOSS.

ON ENTERING THE PROPERTY THERE IS A LARGE OAK WALL PANELLED PORCH WITH DOUBLE OAK DOORS TO AN STUNNING HALLWAY. THERE IS A GUEST CLOAKROOM, A SPACIOUS BESPOKE COAT-SHOE STORAGE AREA AND ACCESS TO THE LIFT TO THE FIRST FLOOR.

THE 'SMALLBONE BESPOKE' FITTED KITCHEN-DINING ROOM IS OF AN EXCELLENT PROPORTION WITH MIELE INTEGRATED APPLIANCES AND A LARGE SEPARATE FITTED UTILITY ROOM.

THERE IS A LARGE FORMAL DINING ROOM OFF THE KITCHEN AREA AND THREE FURTHER SPACIOUS RECEPTION ROOMS WITH FRENCH DOORS AND WINDOWS LOOKING OUT ONTO THE LANDSCAPED GROUNDS

THERE IS A BESPOKE FITTED LIBRARY OFF ONE OF THE RECEPTION ROOMS AND A STUDY TO THE FRONT ASPECT OF THE PROPERTY.

ON THE HUGE GALLERIED LANDING THERE IS ACCESS TO THE LIFT, A LARGE SEATING AREA WITH A WINDOW TO THE FRONT ASPECT OF THIS BEAUTIFUL RESIDENCE. THERE IS A DOOR TO THE ENORMOUS LOFT STORAGE SPACE, THERE IS A LARGE LINEN STORAGE CUPBOARD ON THE FIRST FLOOR.

THE MASTER BEDROOM HAS A BESPOKE FITTED DRESSING ROOM AND A LARGE FOUR PIECE EN-SUITE BATHROOM WITH FINE QUALITY BATHWARE, TAPS AND ACCESSORIES.

ALL THE REMAINING FOUR SPACIOUS BEDROOMS HAVE BESPOKE FITTED WARDROBES, INDIVIDUALLY DESIGNED TO AN IMPECCABLE QUALITY. THE BEDROOMS HAVE THEIR OWN EN-SUITES FINISHED TO A HIGH STANDARD.

'THE LODGE', WHICH IS A SEPARATE HOME IS OVER 2,300 SQUARE FEET IN SIZE AND ARRANGED OVER TWO FLOORS WITH ITS OWN PRIVATE GARDEN. THERE ARE THREE DOUBLE BEDROOMS, ONE WITH AN EN-SUITE, A FAMILY BATHROOM AND THREE RECEPTION ROOMS.

THERE IS A HUGE PAVED DRIVEWAY WITH EXCELLENT PARKING, THREE DOUBLE DETACHED GARAGES FOR 'BOWLANDS MANOR' AND ONE DOUBLE DETACHED GARAGE FOR 'THE LODGE'.

THE PICTURESQUE LANDSCAPED GROUNDS ARE BEAUTIFULLY MAINTAINED WITH LAWNS AND SEVERAL STORAGE OUTBUILDINGS. THERE IS ACCESS TO THE BOILER-PLANT ROOM LOCATED SEPARATELY TO THE PROPERTY.

THE PROPERTY IS OFFERED 'CHAIN FREE' PLEASE CONTACT JOHN THOMA BESPOKE ESTATE AGENCY TO ARRANGE A VIEWING.

Council Tax Band: H (Epping Forest)

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

£ 10653950

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
    £ 300000
  • 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

£ 1653950
  • 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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