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£1,700,000
Bedrooms
Bathrooms
Madison Fox take great pleasure in presenting this captivating and generously proportioned five bedroom family residence. Nestled within the tranquility of 1.3 acres, this home boasts an expansive living space spanning over 4,000 square feet. Upon arrival, you are greeted by the grandeur of an electric gated carriage driveway, offering parking for multiple vehicles alongside a substantial garage.
Step inside to discover a wealth of luxurious amenities awaiting you on the ground floor. The focal point is a stunning 33ft x 18ft bar/entertainment/games room, perfect for hosting memorable gatherings. Additionally, theres a spacious family living room, a well-appointed kitchen/breakfast room, a charming conservatory, a convenient bathroom, Bedroom 5, and a study that was originally utilized as Bedroom 6, showcasing the versatility of this splendid abode.
Ascend to the first floor to encounter four generously sized bedrooms, each adorned with built-in wardrobes and en-suite facilities, ensuring utmost comfort and convenience for every member of the household.
Outside, the enchanting rear garden beckons with its splendid features, including a refreshing outdoor swimming pool, a tranquil fish pond, and a delightful summer house, creating an idyllic setting for entertaining loved ones on sunny days. Further enhancing the outdoor experience is an outbuilding/gym, complete with a shower room, and a utility/laundry room, providing practical amenities for modern living.
The property also presents exciting opportunities for expansion, subject to obtaining the necessary consents, allowing you to tailor the space to suit your individual preferences and lifestyle.
Located in the desirable village of Stapleford Abbotts, positioned conveniently between Havering-Atte-Bow and Abridge, residents enjoy easy access to local amenities, including a convenience store, two inviting pubs, and a reputable primary school, all within walking distance. Moreover, its strategic location places it just a short 15-minute drive away from vibrant towns such as Epping, Ongar, Brentwood, and Romford. For commuters, the Central Line Station at Chigwell is a mere 10-minute drive away, providing swift access to London and beyond, while excellent connectivity to major roadways, including the A12 and the M25, ensures seamless travel to destinations near and far.
Freehold
Council Tax Band: H
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.
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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