5 bedroom detached for sale

£2,500,000 Guide Price

5

Bedrooms

5

Bathrooms

Floorplan

GUIDE PRICE 2,500,000 - 2,700,000

Enviably situated within a plot of 0.48 acres and a desirable cul-de-sac location, lies this substantial detached family residence with a Mock Tudor design, and backing onto the Linders Field Nature Reserve, providing a tree lined back drop to the property. The property is accessed via a blocked paved driveway, affording access to a double length garage.

Once inside the property you will discover a kitchen/diner/living space that provides a wow factor to the home, and we foresee a busy family lifestyle focussing around this area, where the family and friends can come together for cooking, eating, and socialising. A spacious sitting room provides a space to escape to for privacy and relaxation with a fireplace and gas flame fire creating a focal point. With more of an emphasis on working from home nowadays, there is a useful study, and for watching your favourite television programme or film, you can retreat to the family/cinema room. There is also a utility room and two cloakrooms.

To the first floor is the main bedroom with en-suite bathroom and his and hers dressing rooms, whilst the second bedroom also has a an en-suite and dressing area. There are two further bedrooms to this floor, both with en-suites, whilst to the second floor is another bedroom with an en-suite, plus a storage/dressing room.

The rear garden is undoubtedly a feature of the property predominantly laid to lawn and with a spacious terrace for barbecuing and eating al-fresco with friends and family.

The property is conveniently placed for the Central Line station being within 0.5 miles, making central London very accessible. Plus, a selection of restaurants and boutique style shops, and a Waitrose can be found within Queens Road being 0.6 miles mile from the property. Buckhurst Hill is also renowned for its education provided by a selection of schools all within 1.0 mile of the property. A David Lloyd centre is within 1.7 miles and more shopping facilities are located at Loughton, being within 1.6 miles with a choice of two supermarkets, a M&S food hall, together with a selection of restaurants/bars and is also on the borders of Epping Forest.


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.

LLO230178/1



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

£ 2151450

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
    £ 62500
  • 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

£ 276450
  • 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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