5 bedroom detached for sale

£1,750,000

5

Bedrooms

3

Bathrooms

Floorplan

A Stunning Five bedroom Detached House with a TRIPLE GARAGE and self contained spacious ONE BEDROOM ANNEX situated on a plot of approximately 2 acres providing a PRIVATE IDYLLIC setting with FAR REACHING VIEWS over countryside. The house also benefits from 3 bath/shower rooms, 4 reception areas, an open plan Kitchen/living area and a downstairs wc.

The property was built by the present owner to a very high specification and provides a wonderful environment for family living.

The property is approached by a sweeping driveway with parking for a number of cars. Upon entering the house you are greeted by a wonderful entrance hall, with doors leading to the open plan kitchen/ family area, dining room, lounge and study. There is also a downstairs wc and the property benefits from underfloor heating throughout the whole of the ground floor.

The upstairs is approached by the solid oak staircase and leads to a sizeable landing. On this floor there are five double bedrooms, two with en-suite shower rooms and the master bedroom has a large dressing area. The family bathroom has a fantastic jacuzzi bath and all of the lighting throughout the house has built in dimmer switches and can be controlled centrally.

Externally there is a spacious triple garage with a self contained annex above which is ideal for guests or family members. To the rear of the house is a large decking area which is a wonderful platform to take in the far reaching views over SOUTH FACING GARDENS and countryside beyond. In the grounds there is a large multi-purpose outbuilding with both a Water and Electric supply which could be used as stables and is adjacent to a large fenced area ideal for horses or animals . In addition to the front of the house there is a picturesque pond with a sitting area offering total tranquility.

Cutlers Green is a pretty rural Hamlet surrounded by stunning countryside but being only approximately a mile from the town of Thaxted providing a wealth of shopping facilities, markets and eateries. In addition there is an excellent Primary School and a magnificent Parish Church.
The area provides convenient access to the M11(Junction 8) which leads into Central London or Cambridge depending on direction of travel. Stansted airport is also only a few miles away and Elsenham Mainline station is only approximately a 5 mile drive. Saffron Walden voted best town to live in the Sunday Times living section lies only 6 miles to the North.

INTERNAL VIEWING IS HIGHLY RECOMMENDED





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

£ 1480200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 43750
  • 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

£ 167700
  • 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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