6 bedroom detached for sale

£2,600,000

6

Bedrooms

6

Bathrooms

Floorplan

Lux Homes are honoured to bring to the market this luxurious detached six-bedroom, four reception room detached family home situated on Herbert Road in the highly sought after Emerson Park. Offering stylish living space in addition to being beautifully presented and tastefully decorated by the current owners makes this property a perfect purchase for the ever-growing family.

As we enter the property, we are greeted with a spacious entrance hallway which leads us to the first of our reception rooms which is located to the right of the property and offers an airy feel with features of an original stone fireplace creating the perfect back drop for cosy movie nights with the family. Placed to the rear of the home and overlooking the stunning views of the garden we are met with another reception room which has the added benefit of French patio doors allowing access to the manicured lawn. This reception room is currently being used as a games room. Continuing on, you are then greeted with the last reception room which is located to the front of the property. This reception room is designed with a modern grey stone colour palette creating that stylish feel to the home. Leading through you are then greeted with a reception room which is currently being used as a perfect playroom however can be used as an additional bedroom if required, this area offers a good space and a beautiful window allowing natural light to enter. Continuing on, we are then greeted with a great home office area, great for those days working from home. Next, you are met with a downstairs bedroom offering an ample amount of space also including its own private en suite. At the heart of the property lies the stunning bespoke designer kitchen. The kitchen has been created with a show stopping navy and grey colour palette incorporating complimentary white worktops to finish, and houses a fantastic large American fridge freezer, creating an incredibly welcoming area to host family meals and take in the views over the garden accessible via double bi- folds. The utility room is the next stop, which is finished in navy and grey tones, the double garage is accessible from the utility room which offers incredibly high ceilings and is currently used for storage by the current owners. The ground floor is complimented with three toilets.

Taking the stairs to the first floor we enter a generous landing, which lead us to our five bedrooms. The master suite is located to the left of the home and enjoys stunning views over the garden also with access through to the balcony perfect for relaxing of a summers evening. The master bedroom also includes its own dressing room and private en suite. The other four bedrooms all benefit from an additional three bathrooms and one main bathroom.

Externally the property offers a stunning private rear garden which has been lovingly maintained by the current owners. This 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 sweeping in and out driveway for numerous cars.

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 Lux Homes 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

£
£
£
£

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

Mortgage Required

£ 2240950

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
    £ 65000
  • 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

£ 290950
  • 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
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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.

Notes

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