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£1,500,000 Guide Price
Bedrooms
Bathrooms
'''Guide Price - 1,500,000 to 1,750,000'''
Lux Homes are proud to present this incredible converted barn in Upminster, meticulously designed to the highest standard. It is truly beautiful!
As you walk up the driveway of this property, to the left is a substantial double carport, in a cart lodge style consistent with the barns origins. It is also equipped with an electric vehicle charging port. Additionally, there is an enclosed garage to the rear of the cart lodge. This horseshoe shaped barn has a garden area at its heart with high quality synthetic lawn, allowing you to walk through each set of bi-folding and french doors on either wing of the property connecting the whole home and offering true indoor/outdoor living.
Entering the property through the main entrance you proceed to the open plan living room, the first thing that takes your breath away is the high ceilings with wooden beams, a unique and large window aspect to the roof floods the room with light, the feature wooden beams and roof height ceilings are found throughout the whole property, creating a dramatic sense of space.
The off-white interior with grey feature walls complements the accents of wood giving off a relaxed atmosphere and perhaps the feel of an art gallery. Walking through the open plan space you find the kitchen and separate dining area. The fully equipped kitchen includes a recently installed, high-quality Smeg range, perfect for all your culinary and baking needs. These rooms are air conditioned making them truly enjoyable and comfortable spaces. The adjoining dining area can accommodate a large dining table, directly alongside the bi-fold doors opening up the space to the garden, making it the perfect space to host and entertain family and friends!
Along the hallway is the family bathroom, continuing the stylish modern theme and featuring a bath and shower. Adjacent is one of the four bedrooms in the main part of the house, overlooking the garden, allowing lots of natural light. Carrying on along the hall we have the other three bedrooms. The master and second bedroom both include their own en suite bathrooms and access to the rear courtyard garden with outdoor sauna and hot tub which is covered by a gazebo. The master bedroom is also air conditioned, and with this feature in either wing of the property it is effective throughout the whole home. This property also includes a double story annex unit which is currently used as a home office, which offers flexibility to be converted into additional bedroom and living accommodation. Finishing off this property is a separate gym, perfect for those at home workouts.
A truly unique property that offers the best of countryside charm and modern luxury.
Located within close proximity to local transport links, schools and amenities but set in rolling countryside to give that rural feel.
This property must be viewed to truly appreciate all it has to offer so contact Lux Homes today to book your appointment.
Tenure: Freehold
Map location is not available for this property.
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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