4 bedroom detached for sale

£3,500,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

Situated in the highly desirable area of The Drive, South Woodford, this impressive detached house offers an exceptional living experience. A stunning entrance hall with sweeping staircase to a galleried landing, three elegant reception rooms, large dining room with door to cloakroom and cellar. fitted kitchen with doors to separate laundry room, garage and fitness/sun room with shower and w.c

First floor accommodation offers four generously sized bedrooms with two en-suite bathrooms plus additional family bathroom ensuring convenience for all residents.

The ground floor fitness room presents an excellent opportunity for maintaining an active lifestyle without leaving the comfort of your home. There are beautiful grounds surrounding the property which enhance its appeal, offering a serene outdoor space for leisure and recreation.

Parking is a breeze with a carriage driveway that accommodates several vehicles, making it easy for you and your guests to come and go. This property not only provides a luxurious living environment but also places you in a sought-after location, known for its community spirit and accessibility to local amenities. The house lies within the vicinity of many popular schools (both private & state owned) and is within a short drive to major road links including the A406, M25 & M11.
Wanstead Village High Street is also just a short walk away which includes a variety of restaurants, bars and coffee houses. There are also Snaresbrook and Wanstead Central Line Stations at either end of the high street.

In summary, this detached house on The Drive is a rare find, combining spacious accommodation, beautiful outdoor areas, and a prime location. It is an ideal choice for those looking to settle in a vibrant and welcoming neighbourhood. Do not miss the opportunity to make this exquisite property your new home.

Viewing is strictly by appointment. Telephone .

Reception Hallway - 5.14 x 3.39 (1610' x 111') -

Office/Reception Three - 4.04 x 3.21 (133' x 106') -

Cloakroom/W.C -

Reception One - 6.35 x 4.08 (209' x 134') -

Reception Two - 8.10 x 5.29 (266' x 174') -

Dining Room - 6.04 x 3.25 (199' x 107') -

Kitchen - 6.22 x 2.06 (204' x 69') -

Laundry Room - 2.06 x 1.87 (69' x 61') -

Inner Hallway - 1.06 x 0.96 (35' x 31') -

First Floor Landing Area - 3.33 x 1.87 (1011' x 61') -

Bedroom - 5.25 x 3.72 (172' x 122') -

Bedroom - 6.26 x 3.66 (206' x 120') -

Bedroom - 5.44 x 4.91 (1710' x 161') -

Bedroom - 4.12 x 3.71 (136' x 122') -

Bathroom - 3.21 x 2.18 (106' x 71') -

Bathroom - 2.17 x 2.05 (71' x 68') -

Bathroom - 4.06 x 3.11 (133' x 102') -

Garage - 6.43 x 3.06 (211' x 100') -

Bathroom/W.C. - 1.55 x 1.39 (51' x 46') -

Sun Room - 5.60 x 4.14 (184' x 136') -

Rear Aspect - Beautiful grounds.

Front Aspect - Carriage driveway providing parking for several cars.

Disclaimer - Whilst every care has been taken to ensure the accuracy of these particulars, such accuracy cannot be guaranteed, and therefore does not constitute any part of an offer or contract. The agent has not tested any apparatus, equipment, fixtures , fittings or services and so does not verify they are in working order, fit for purpose, or within ownership of the sellers, therefore the buyer cannot assume any information is correct. Photographs of the interior of the property are given purely to give an indication of dcor, style etc., and does not imply that any furniture/fittings etc., are included.

Map location is not available for this property.

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

£ 3046450

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
    £ 87500
  • 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

£ 421450
  • 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.

£

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

£

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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