4 bedroom semi-detached for sale

£620,000

4

Bedrooms

2

Bathrooms

Floorplan

'' MOTIVATED VENDOR '' PRICED TO SELL '' TURN-KEY PROPERTY ''

Situated in a mature, residential area, this four bedroom semi-detached family home has been carefully and meticulously upgraded by the current owners to provide a beautifully presented family home.

The well-proportioned living space benefits from double glazing, gas fired central heating, under floor heating to all ground floor rooms with floor tiles, a block paved drive with ample off-street parking and a generous, family friendly rear garden with a large outbuilding.

The accommodation in brief: Reception hall, guest cloakroom/w.c., living room, separate dining room, garden room/playroom, beautifully fitted kitchen/breakfast room with large, range style cooker and adjacent utility/larder.
Upstairs, the main bedroom has a walk-in clothes closet and en-suite facilities and there are three further bedrooms served by the family bathroom.

Location - The highly sought after commuter village of Roydon sits on the Herts/Essex border with a main line station is on the Stansted Express line and provides frequent service in to London Liverpool Street in approximately 33 minutes. The pretty High Street offers a small Morrison convenience store/post office, a pharmacy and a regarded JMI school.
There is a cricket ground, tennis courts and plenty of open spaces and surrounding countryside for all ages to enjoy.

There are lovely walks to be enjoyed along the River Stort towpath and Roydon Marina Village, open all year with a coffee house on the marina and a restaurant serving Indian cuisine.

Approximate distance and journey times: Roydon station (Stansted Express Line): Liverpool Street 30 minutes, Cambridge 55 minutes. By road: Epping tube station 8 miles, Stansted airport 18 miles.
The M11, M25 and the A10 are also within a comfortable distance for travel by road.

Accommodation - Composite front door with glazed sidelights opening to:

Hallway - Stairs rising to first floor. Radiator. Tiled floor with under floor heating.

Living Room - 4.38m x 4.26m (144' x 1311') - Double glazed bow window to front with deep sill. Inset feature fireplace housing a realistic a gas coal fire. Two radiators.

Kitchen/Breakfast Room - 3.81m x 3.61m (125' x 1110') - Beautifully fitted with a range of wall and base cabinets in a cream hue with wood block counter tops. Inset enamel sink and drainer with mixer and separate hot and cold water tap with filtered water. Attractive Rangemaster range style cooker with a five ring hob, griddle plate, double oven/grill and proving drawer. Matching Rangemaster brushed steel illuminated cooker hood above. Integrated wine cooler and dishwasher. Space for American style fridge freezer. Matching island/breakfast bar with over counter lighting and further storage, that comfortably seats two people. Tiled floor with under floor heating. Upvc double glazed stable door to garden.

Utility Room/Larder - Fitted with work surface with space and plumbing under for washing machine and tumble dryer under. Fitted shelving. Tiled floor. Double glazed window to rear.

Inner Lobby - With deep under stairs storage cupboard. Door to:

Guest Cloakroom/W.C - Low flush w.c. Vanity wash hand basin with cupboard below. Tiled floor. Extractor fan.

Formal Dining Room - 5.14m x 3.68m (1610' x 120') - Double glazed bay window to front. Radiator. Large storage cupboard and built-in low level cupboard. Double glazed door to:

Playroom - 4.81m x 2.12 (159' x 611') - Formerly a conservatory, this has been greatly improved. It now has a solid roof with a skylight window and under floor heating. There are Upvc double glazed windows and a door opening to the garden. This could be utilised differently depending on a buyers needs.

First Floor - Landing with loft access hatch.

Principal Bedroom - 3.99m x 3.48m (131' x 115') - Double glazed window to rear. Radiator. Door to walk in clothes closet and door to en-suite.

Walk-In Clothes Closet - Power and light connected. Fitted with hanging rails, shelving and drawer units. Radiator.

En-Suite Shower Room - Large walk-in shower cubicle with curve glazed screen. Vanity wash hand basin with drawer unit below. Low flush w.c. Wall mounted illuminated mirror. Shaver point. Chrome heated towel rail. Double glazed frosted window.

Bedroom Two - 4.37m x 2.88m (144' x 95') - Double glazed window to front. Radiator. recessed wardrobe/storage cupboard.

Bedroom Three - 3.19m x 3.02m (105' x 910') - Double glazed window to front. Radiator. Two recessed cupboards, one the airing cupboard housing pre lagged hot water cylinder.

Bedroom Four - 3.03m x 2.24m (911' x 74') - Double glazed frosted window to side. radiator. Deep over stairs storage cupboard.

Bathroom - Fitted with a modern white suite: Panel enclosed shower bath with over bath shower and glazed screen. Vanity wash hand basin with drawer units below. low flush w.c. Chrome heated towel rail. Double glazed frosted window.

Exterior - The front of the house benefits from plenty of off street, block paved parking. Gated side access to rear garden.

Rear Garden - Attractive rear garden that is part walled and fully enclosed. To the immediate rear of the house there is a decked terrace, with inset LED lighting, covered by a modern, metal pergola with roof. Outside curtesy lighting. There is a second decked area at the far rear of the garden where you will also find a large, detached outbuilding. with power and light. The remainder of the garden is laid to lawn with raised beds. Gated side access.

Services - All mains services connected. Underfloor heating to ground floor rooms that have tiled floors, with radiators to the remainder.
Broadband & mobile phone coverage can be checked at



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £2,681.29

Total Interest: £345,266.04

Overall Total: £965,266.04

Amortization For Monthly Payment: £2,681.29 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£19,657.46 £12,518.07 £607,481.93 
2026£19,250.95 £12,924.58 £594,557.35 
2027£18,831.25 £13,344.29 £581,213.06 
2028£18,397.91 £13,777.62 £567,435.44 
2029£17,950.50 £14,225.03 £553,210.41 
2030£17,488.57 £14,686.97 £538,523.44 
2031£17,011.63 £15,163.91 £523,359.53 
2032£16,519.20 £15,656.33 £507,703.20 
2033£16,010.79 £16,164.75 £491,538.45 
2034£15,485.86 £16,689.67 £474,848.78 
2035£14,943.89 £17,231.65 £457,617.13 
2036£14,384.32 £17,791.22 £439,825.92 
2037£13,806.57 £18,368.96 £421,456.95 
2038£13,210.07 £18,965.47 £402,491.49 
2039£12,594.19 £19,581.34 £382,910.14 
2040£11,958.32 £20,217.22 £362,692.92 
2041£11,301.79 £20,873.74 £341,819.18 
2042£10,623.95 £21,551.59 £320,267.59 
2043£9,924.09 £22,251.44 £298,016.15 
2044£9,201.51 £22,974.03 £275,042.13 
2045£8,455.46 £23,720.07 £251,322.05 
2046£7,685.19 £24,490.35 £226,831.70 
2047£6,889.90 £25,285.64 £201,546.07 
2048£6,068.78 £26,106.75 £175,439.32 
2049£5,221.01 £26,954.53 £148,484.79 
2050£4,345.70 £27,829.84 £120,654.95 
2051£3,441.96 £28,733.57 £91,921.38 
2052£2,508.88 £29,666.65 £62,254.73 
2053£1,545.50 £30,630.03 £31,624.70 
2054£550.84 £31,624.70 £0.00 

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

£ 501,700

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 33,823

Cumulative Rental Profit

£ 338,227

Cost of Purchase

£ 36,700
  • Stamp Duty
    £ 18,500

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

  • Refurbishment Budget
    £ 15,500
  • 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

£ 40,577
  • Mortgage Interest
    £ 22,577

    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)
    £ 9,821
  • Letting Fee
    £ 240
  • Maintenance
    £ 7,440
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 691,442
  • Final Equity Profit
    £ 353,215

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

  • Cumulative Rental Profit
    £ 338,227

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 1,009,915

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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