3 bedroom penthouse for sale

£1,195,000

3

Bedrooms

3

Bathrooms

Floorplan

Welcome to the Woodredon Estate, Epping, situated within the sacred and secret heart of Epping Forest. Surrounded by ancient woodland and nestled amongst mature trees with their ever-changing hues and dappled light, it is an oasis of calm to live, work and play.

Woodredon House is a grand country residence that combines both Victorian and Edwardian detailing. With its sublime forest setting, this fine house has been lovingly returned to its former glory by award-winning heritage developers, The Door, to provide eleven opulent apartments, designed to appeal to loft lovers and traditionalists and, with the addition of a new wing - including an exceptional duplex Penthouse sharing the air with the treetops ? to accommodate those with a more-modernistic and contemporary taste.

The house is surrounded by breathtaking forest, paths and parkland, collections of specimen trees and grounds approaching five acres, complete with tennis court, croquet and bowling lawn, making it the perfect antidote to the hustle and bustle of city life - whilst remaining in close proximity to the capital.

The ultra-high specification, supported by the very latest technological infrastructure, means that every whim and want is taken care of - perfect for those with flexible homeworking lifestyles. Enjoy uncompromising luxurious finishes, down to the finest detail.

Set privately within cocooning parkland and with views across the surrounding Epping Forest and north London beyond, it?s easy to forget you?re only a stone?s throw away from Loughton, Theydon Bois and Epping, with all of the amenities they offer including shops, restaurants and bars. Theydon Bois Golf Club is 2.7 miles away and there are further golf clubs in Epping and Chigwell. For horse riding, Woodredon Equestrian Centre is close by. Ideal for commuters and those wishing to travel further afield, Woodredon House lies closely-equidistant to three Central Line stations, with a journey time to London Liverpool Street in around thirty-five minutes. Conveniently positioned near the M25, M11, A10 and A12, Stansted Airport is within easy reach.


IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

LAD240041/1



Features
  • Freehold

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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

£ 989575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 29875
  • 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

£ 93325
  • 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.

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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
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    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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Final Property Value

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Notes

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