8 bedroom detached for sale

£15,000,000

8

Bedrooms

10

Bathrooms

Floorplan

Situated on the most exclusive road in Chigwell, is this striking home built to exacting specifications which combines generous proportions with family comfort.

This discreetly located house is entered through wrought iron electric gates onto a sweeping resin bound driveway with granite kerbs. The substantial front garden has mainly laid lawn with a fountain as its focal point. An extensive triple garage provides parking for several cars. In addition, there is parking for comfortably over 20 cars in the covered area behind the garages and on the driveway.

To the rear, there are beautiful south-facing landscaped gardens designed to offer both privacy and tranquillity with mature planting and sweeping views. The rear garden includes two separate water features, several entertaining areas, porcelain-tiled terraces, a summer house with kitchen and bar together with a large, separate decked area. There is also a cosy seating area with a fire pit perfect for autumn evenings. To the rear of the garden is a tennis court hidden away. This circa 4-acre plot provides total seclusion.

Beyond the imposing exterior, lies a sophisticated and luxurious interior where craftsmanship, technology and comfort seamlessly combine. Upon entering the house through the 2.4m high double doors you are greeted by a grand bespoke, walnut staircase and galleried entrance hall being a perfect setting to welcome guests. This leads to formal and family areas of the home. In addition to the lounge with library, wine room, formal dining and study there is also a huge family room with bespoke fitted kitchen, breakfast bar, family dining and relaxing areas. Further there is a tv room and separate fully equipped informal kitchen with breakfast bar. The spa complex, including a swimming pool, jacuzzi, sauna, steam room and treatment room, is also located on the ground floor.

A beautifully lit walnut staircase leads down to the entertainment area, which features a full-size snooker table, areas for relaxing and games, a bar and guest cloakroom. Beyond the games room, through a secret revolving door, is an impressive cinema room with panelled walls and luxury seating. On the first floor, you will find a fully fitted gym with shower facilities.

This magnificent property boasts six-bedroom suites in the main house, with the master suite featuring 'his and hers' dressing rooms and ensuites. A wonderful feature of the master suite is the balcony which overlooks the beautifully landscaped gardens. Throughout the home, there are areas for the family to relax to include a pyjama/coffee area overlooking the galleried staircase on the first floor. A further lounge suite on the top floor creates a perfect self-contained area for teenagers or grandparents seeking privacy. The house also benefits from a secondary staircase to the first floor and a lift.
Above the triple garage, a generous two-bedroom flat with lounge, separate kitchen area, and bathroom provides ideal accommodation for staff or guests.

The entire home is equipped with smart home features to include a Loxone lighting and home automation system, allowing seamless control of lighting, security, and entertainment from your phone. Every consideration has been given in the design, with numerous cloakrooms, a boot room, laundry facilities on both the ground and first floors, and ample storage within the walk-in eves.


Key Features

'21,000+ sq ft exclusive private residence
'Six-bedroom suites
'Spa complex: swimming pool, jacuzzi, treatment room, sauna and steam room
'Leisure complex: cinema room, games room, gym
'Staff/guest annexe with two double bedrooms
'Circa 4-acre plot with mature landscaped gardens
'Fully fitted wine room
'Lift to first and second floor
'Villeroy & Boch and Axor sanitary fittings
'Summerhouse with fitted kitchen, bar and two separate toilets


Please contact John Thoma Bespoke Estate Agency to arrange a viewing on this spectacular property.

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

£ 13338950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 375000
  • 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

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£

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

£ 2088950
  • 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
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    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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