5 bedroom detached for sale

£1,699,000

5

Bedrooms

2

Bathrooms

Floorplan

A truly fabulous five bedroom detached Art Deco style family home, which has recently been added to Waltham Forests Local Heritage List. This highly regarded tree lined location and Conservation area is just a few minutes walk from Chingford Station, restaurants and the ever popular Epping Forest. This bespoke and most elegant house, which we understand dates back to 1934, offers a wealth of fine original features, with all aspects of the accommodation having such generous and grand proportions, totalling over 3,000 square feet. The mature rear garden has been lovingly tended by the present Vendors, who have enjoyed the property for nearly thirty years. Plentiful off street parking is provided by way of the excellent gated driveway, which leads to adjacent garaging. Chingford Station is around 3 minutes walk away, offering an excellent and frequent service to London Liverpool Street station, which takes approximately 27 minutes. Commuters can also change at Walthamstow Central Station to the Victoria Line underground. Epping Forest is literally at the end of The Drive, with its vast green spaces to be enjoyed, along with Chingford golf course. A beautifully sumptuous home that we hope the next custodians enjoy as much as the current owners have.


Accommodation on the ground floor comprises:-


Leaded light double doors opening to:-


VESTIBULE: tiled floor, inner main entrance door opening to:-


SPACIOUS RECEPTION HALL: coved ceiling, three stairs descend to storage area with under stairs cupboard, door to:-


GROUND FLOOR W.C.: frosted window to side, low flush w.c., pedestal basin, radiator, built in cloaks storage, half tiled walls, Karndean flooring.


SITTING ROOM: picture windows with bench seating overlooking rear garden, French doors to patio, feature Art Deco fireplace with birds eye maple mantle and storage with recessed lighting, flanked to both sides by frosted windows, Art Deco wall lighting, parquet flooring.


DINING ROOM: bay window to front, additional window to side, coved ceiling, Art Deco fireplace surround, serving hatch to kitchen.


STUDY: bay window to front, feature fireplace surround, coved ceiling, wall light points.


L SHAPED KITCHEN: windows to side, access door to covered area and garden, fitted wall units, tiled recess for range style oven, double bowl stainless steel sink unit, moveable island unit. Large walk in larder with twin frosted windows to side, quarry tiled floor.


UTILITY ROOM: windows to rear and side, door to garden, fitted units to one side, tiled worktop.


Accommodation on the first floor comprises:-


HALF LANDING: part frosted bay window to side.


SPACIOUS & ELEGANT MAIN LANDING: coved ceiling, wall light points, deep built in linen cupboard, radiator.


MASTER BEDROOM SUITE: windows to rear and side overlooking garden, coved ceiling, wall light points, large king size bed recess with double storage cupboards to each side, radiator.


LARGE EN SUITE BATHROOM: two frosted windows to side, cast iron bath with matching pedestal basin, bidet, and low flush w.c., glass tiled walk in shower, chrome radiator/towel rail, Karndean flooring. A door from the bedroom opens to:-


EN SUITE DRESSING ROOM/NURSERY: window to rear overlooking garden, fitted storage to one side, radiator. This room could also be used as a bedroom and has a return door to the main landing.


BEDROOM 2: bay window to front, coved ceiling, built in storage.


BEDROOM 3: windows overlooking rear garden, large double bed recess, coved ceiling, built in storage.


BEDROOM 4: bay window to front, additional window to side, coved ceiling.


FAMILY BATHROOM: frosted windows to front, 3/4 tiled walls, cast iron bath with chromium mixer taps and wall mounted shower fitting with folding shower screen, ornate pedestal basin, chrome radiator/towel rail, low flush w.c., Karndean flooring.


Accommodation on the top floor comprises:-


SECONDARY LANDING: window to side, built in storage room.


BEDROOM 5: windows to front, door opening to boarded loft space, hot water cylinder.


MATURE GARDEN: approx. 87 (26.5m) in depth, comprising of patio, two lawn areas divided by a sunken garden. Towards to rear of the garden is a rockery. Access to both sideways and rear of garage, to one side of the garden is a:-


GAMES ROOM/SUMMER HOUSE: windows to three sides, sliding doors facing the garden.


FRONT GARDEN: off street parking for 3/4 cars, access to garage.


NOTE: We understand that this property has recently been added to Waltham Forests Local Heritage List. Please see the the Waltham Forest website for additional information.


Any descriptions of equipment, appliances or services do not imply that they are in good or serviceable condition. All areas, measurements & distances are approximate and are intended for guidance only. Purchasers must satisfy themselves about any statements made in these particulars, especially if they are travelling a long distance in order to view the property. Personal items and other belongings are not included in the sale, unless specifically stated in our text description. As with all Estate Agents, Next Move are subject to The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. We are registered with and supervised by HMRC for compliance, and therefore required by law to conduct due diligence on all customers (vendors and purchasers), which includes, but is not limited to, verifying customers identity by way of photo and address documentation, electronic checks, obtaining proof of ownership of property, establishing any beneficial owners, and verifying proof and source of funds. We obtain a copy of these documents for our records, and this data is kept for at least five years from the end of our business relationship. These requirements come under part of our Anti Money Laundering Policy and we are unable to begin a business relationship with any customer if we are unable to obtain the information needed. Subject to circumstances, we may also seek to obtain supporting documentation.



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

£ 1434555

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 42475
  • 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

£ 160305
  • Mortgage Interest
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    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)
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  • Letting Fee
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  • 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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Final Property Value

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