6 bedroom detached for sale

£2,500,000 Offers in excess of

6

Bedrooms

7

Bathrooms

Floorplan

Madison Fox proudly presents to the market this exceptional six-bedroom detached residence accompanied by a separate five-bedroom annex, boasting a combined total of over approximately 7,000 sqft.

Having undergone previous extensions and meticulous renovations, the internal space of this distinctive property, spanning approximately 5,600 sqft, showcases a generously sized kitchen and living area seamlessly connected to an indoor swimming pool. The ground floor further encompasses two versatile reception rooms, suitable for various purposes such as a living or games room, office space, a separate utility room, and a convenient downstairs WC.

The renovated basement unveils a changing room, shower room, and WC. An allotted space for an elevator, yet to be finalized, has been thoughtfully incorporated, while a striking spiral staircase serves as a statement piece linking the basement and open-plan lounge area. Another staircase connects the basement to the main hallway.

Spanning the first and second floors are six well-proportioned bedrooms, with five featuring en-suite facilities and four incorporating dressing areas. Two of the bedrooms on the first floor open up to a private balcony overlooking the garden, and this level is completed by a luxurious family bathroom.

The annex, situated within the property grounds and spanning approximately 1,400 sqft, showcases a contemporary kitchen, living room, and family bathroom. The master bedroom boasts an en-suite, complemented by four additional bedrooms across the ground and first floors.

At the front of the property, a substantial gated driveway leads to a capacious garage, providing ample parking space. The expansive garden boasts both patio and lawn areas.

Conveniently positioned in close proximity to local shops and amenities in Loughton and Theydon Bois, the property benefits from excellent transport links, including Theydon Bois, Debden, and Loughton stations, as well as convenient access to the M11 and M25.

Features advised by the owner include:

Lawn irrigation system (sprinklers pending installation)
Rainwater and grey waste recycling storage tank
Functioning chimneys
CAT VI networking cabling and audio cabling for SONUS to every room
SAT TV cabling to every room
Internal viewing is highly recommended to fully appreciate the unique offerings of this home. While some aspects of the development and renovation are still pending completion, this presents a splendid opportunity for the prospective owner to add a personal touch.

pleaase note some photos are created by cgi

Tenure: Freehold
Council Tax Band: F

Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations. It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted. All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed. Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.




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

%

Gross Yield

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Annual ROI

%

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

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

£ 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.

£

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
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    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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