5 bedroom detached for sale

£1,500,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

''' Guide Price - 1,500,000 - 1,600,000''' Lux Homes are honoured to bring to the market this luxurious detached five double bedroom, three reception room detached family home situated on Herbert Road in the highly sought after Emerson Park. Offering high ceilings and character features throughout, thus creating that spacious feel with a stylish living space in addition to being beautifully presented and tastefully decorated by the current owners making this property a perfect purchase for an ever-growing family.

As we enter the property, we are greeted with a grand spacious entrance hallway which leads us to the first of our reception rooms which is located to the right of the property and features a fireplace ideal for cosy movie nights with the family. This room benefits from stunning floor to ceiling windows overlooking the tranquil setting of the un overlooked garden, allowing for a peaceful back drop for the whole family. Leading off this room is another room, perfect for a study or play room. It has fitted cupboards and a view of the garden. Continuing back through the hallway there is a second reception room, perfect to fit your wants and needs for each and every family member. At the heart of the home, we are presented with a large formal kitchen/dining area perfect for all the family to unwind after the working day. The stunning bespoke designer kitchen created with a show stopping cream colour palette incorporating complimentary worktops, creating an incredibly welcoming area to host family meals and take in the views over the garden. You will also find a pantry with extra storage space located in the dining/kitchen. The ground floor is also complimented with a modern downstairs wc.

Taking the stairs to the first floor, we enter a generous landing, which lead us to our four bedrooms. One of the bedrooms is currently being used as an office but can easily be converted back into a double bedroom. The other three bedrooms are all well-appointed and offer an ample amount of space throughout. To finish off the first floor you are greeted with the most stunning four-piece family bathroom, styled with a grey colour palette offering a modern stylish touch to the home.

Taking the stairs to the second floor you are met with the spectacular master bedroom offering a high spec private en suite.

Externally the property offers a well maintained private rear garden which is paved and has been lovingly maintained by the current owners. It also has the benefit of an outside utility room with integrated fridge freezer and sink. This can easily be used as extra storage space or additional cooking area. The garden also has a pond incorporating gentle waterfalls which can be heard throughout the gorgeous garden.
A double garage on the side of the property also allows space for a big car, plus garden tools. The garage has LED lighting, multiple sockets and fitted cupboards. The beautiful and serene garden is the perfect setting for entertaining friends and family alike during those warm summer evenings and BBQS. To the front of the property, we have a carriage driveway and parking on either side of the house for numerous cars. The property also includes new gas and water main pipes from the road into the house, the original Newel posts and spindles on all staircases throughout the home, computer controlled irrigation for flower beds and grass, and smart lighting for dimming and control by app & internet on many of the lights in the house. This stunning home has the added benefit of huge potential to extend S.T.P.P. allowing new owners to increase the footfall dramatically if needed.

Location is always key, and this property does not falter, with easy access to Hornchurch town centre with its bustling high street and plethora of shops, restaurants, pubs and coffee shops, you have everything you could possibly need at your fingertips! Herbert Road is ideally located for Nelmes Primary School which currently boasts an outstanding Ofsted rating, Emerson Park Academy and The Campion school. All in all, this property must be seen to appreciate all that is on offer.

Call the Lux Homes sales team today to book a viewing appointment!


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

£
£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1256450

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
    £ 37500
  • 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

£ 131450
  • 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
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  • 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.

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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

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  • 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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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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