7 bedroom detached for sale

£4,000,000

7

Bedrooms

6

Bathrooms

Floorplan

Lux Homes have the honour of bringing to the market this stunning seven bedroom detached property sitting prominently on a substantial plot and located on Woodlands Avenue within the extremely sought after Emerson Park. As we enter this property we are met with grandeur which starts at the grand entrance with sweeping staircase. Set over 8000 sq ft which includes indoor swimming pool and seven bedrooms and six reception rooms ,this property will offer any proud new owner an exceptional family home throughout. Leading from the entrance hall we have six separate reception rooms which can be used for many different uses and allow for formal and informal gatherings/ dining. The kitchen is at the heart of the property with large island breakfast bar, and has been finished with Oak throughout and has an abundance of storage space and gas hob to finish. The ground floor has two bathrooms and a utility area in addition to the indoor swimming pool which is located within the pool house with sweeping views over the gardens to the rear of the property. Taking the stairs to the first floor we are greeted with a grand landing with seven bedrooms which are well well appointed, four bedrooms have the benefit of en suites and three have stunning views over the rear garden space via juliette balconies. The master suite has a kitchen in addition to access to the indoor terrace over looking the swimming pool. Externally we have a triple garage to the front of the property, a gated private driveway for numerous cars and a secluded private garden to the rear. All in all this fabulous home will tick many boxes for all family members and is not one to be missed. Call Lux Homes to secure your viewing at the earliest!!

Tenure: Freehold



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

£ 3493950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 100000
  • 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

£ 493950
  • 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

Adjust these figures

  %

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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