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£2,250,000
Bedrooms
Bathrooms
Situated on the sought after Courtlands Estate, lies this detached residence, occupying a plot that backs onto fields and therefore enjoys open views to the rear, together with an east/south facing aspect.
The property has 2852sqft of accommodation and offers five bedrooms with an en-suite dressing area and shower room to bedroom one, a family bath/shower room, plus a further en-suite shower room to bedroom three. There is also a dressing room the has been converted from a sixth bedroom.
To the ground floor is a sitting room with fireplace and a large bay to the rear with windows and double doors open onto a decked terrace. There is also a family room, dining area, and a kitchen breakfast room where the family can come together for cooking, eating and socialising. It has island unit to gather around and double doors opening onto the decking terrace. There is also a utility room, guest cloakroom and a gym/games room, which could be another living room if required.
To the exterior, the property is approached by an in and out driveway, providing off street parking. To the rear garden measuring 624 x 542 as already mentioned has an east/south facing aspect, backs onto fields, and therefore has open views. There is a spacious raised timber decking terrace from where to sit and relax, and ideal for barbecuing, eating Al-Fresco and entertaining friends and family.
The location where you will find this property is within 0.5 miles of Chigwell Village with the Central Line providing access to Canary Wharf, the City and West End, together with Stratford with Westfield Shopping Centre. Brook Parade provides a selection of shops, an Italian restaurant, deli and caf. More comprehensive shopping facilities and a wide selection of restaurants can be found within 3.1 miles at Loughton. The open spaces of Hainault Forest Country Park, known as a walkers paradise, is within 2.6 miles. Chigwell is also renowned for education and is served by both private and state schools, enjoying high reputations. For the golfing enthusiast there are a choice of courses with 2.7 miles of the home, and for the more energetic members of the family there is a choice of David Lloyd or Nuffield Health Leisure Clubs, being 1.5 and 1.9 miles respectively. Together with a Top Golf adjacent to the Nuffield Health Club.
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.
LAD240020/1
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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