4 bedroom detached for sale

£840,000

4

Bedrooms

2

Bathrooms

Floorplan

Old Harlow is a picturesque old town with a good selection of amenities for day to day needs including pubs, restaurants and convenience stores. Priory Avenue is particularly sought after and is well placed within the town approx. 0.3 miles from Harlow Mill Station which offers a regular and reliable service into London Liverpool Street. Additionally well regarded schooling for all ages are close by.

For more comprehensive shopping facilities Harlow Town is within a short driving distance and Junction 7a of the M11 is within a few minutes drive .

This particular property is a unique detached home extending to in excess of 2000 square feet and offers complete flexibility with regard to personal living requirements. It could easily be arranged to accommodate an elderly relative or independent teenager and offers personal space to the largest of families.

The property is presented to an excellent standard internally and although it is a modern construction the property has an air of Victorian elegance throughout with ornate ceilings, attractive high quality sanitary ware and a large kitchen/diner with a range of traditional solid wood hand built units and attractive range cooker.

The entrance to the property is an impressive entrance hall with mosaic floor tiles and this grants access to the remainder of the ground floor accommodation. There are three receptions rooms with the family room facing the front of the property and this was originally the double garage but was converted prior to our sellers ownership to create a large social living area. The main lounge faces the rear of the property and offer direct access to the large rear garden via double patio doors. Reception three is currently used as ground floor bedroom which is supported by the guest cloakroom/wc but does offer a variety of uses depending on personal requirements.

The ground floor is completed with the fabulous kitchen/diner which is large enough to easily house a full size eight seater table and chairs. The units are a traditional hand built solid wood range of units with granite work-surfaces with space for kitchen appliances including an American style fridge/freezer. The main focal point of the kitchen is the attractive brick built fireplace which houses the range cooker.

The first floor of the property is set around a large first floor landing with access to loft space. The main bedroom benefits from a range of fitted wardrobe cupboards and an air conditioning unit. There is access to to a modern personal en-suite shower room with a walk in power shower, vanity wash hand basin and low flush WC.

Bedroom two three and four are all double bedrooms one of which is currently being used as a functioning home office again with fitted air conditioning unit.

The bedrooms are supported by a stunning bathroom suite. This elegant bathroom extends to in excess of 15 and offers an attractive bronze effect claw foot roll top bath, full walk in shower unit, high flush WC and pedestal wash hand basin.

A real feature of the property is the large rear garden which extends to approx. 120 (unmeasured) with a large family patio area measuring approx. 60 x 35 which houses a freestanding fully functional hot tub, and further provides ample space for garden furniture and space for table and chairs. The imposing central staircase gives access to the top of the garden which is predominately laid to lawn with a number of outbuildings including a desirable Victorian style greenhouse. The timber storage shed measures 16 x 8 and has power and light connected.

The front of the property which is accessed via a shared access grants parking for approximately 4-5 cars on the shingle drive.

Property of this size within this location are rarely available and as such early viewing is highly recommended.

RECEPTION HALL 15 2' x 8 11' (4.62m x 2.72m)

INNER HALL 15 5' x 6 5' > 311 (4.7m x 1.96m)

FAMILY ROOM 16 5' x 16 5' (5m x 5m)

REAR LOUNGE 19 6' x 12 7' (5.94m x 3.84m)

SITTING ROOM 13 0' x 12 7' (3.96m x 3.84m)

GROUND FLOOR WC

FIRST FLOOR LANDING 13 1' x 10 4' (3.99m x 3.15m)

BEDROOM ONE 14 1' x 12 6' (4.29m x 3.81m)

EN-SUITE SHOWER ROOM

BEDROOM TWO 12 7' x 10 11' (3.84m x 3.33m)

BEDROOM THREE 12 2' x 9 7' (3.71m x 2.92m)

BEDROOM FOUR 9 7' x 7 9' (2.92m x 2.36m)

FAMILY BATHROOM SUITE 15 4' x 9 6' (4.67m x 2.9m)

EXTERIOR

FRONT GARDEN /PARKING

REAR GARDEN 120 0' (36.58m x 0m) 60 patio area and remainder being laid to lawn. Timber shed 16 x 8. Victorian style greenhouse

CHARGES AND TENURE Tenure: Freehold
Charges: Council tax band G within Harlow Council

UTILITIES Electricity - Mains supply (Eco-tricity)
Gas - Mains supply (Eco-tricity )
Water- Mains supply - Affinity
Broadband - Currently with Virgin


POINTS TO NOTE Garage indicated in photos is now a family room and part of the internal accommodation - false garage door.
Access to personal driveway is via a shared access entry point.

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

£ 695700

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

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 21000
  • 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

£ 65700
  • 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.

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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.

£

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
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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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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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