5 bedroom detached for sale

£650,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

''GUIDE PRICE 650,000-675,000''

Temme English are THRILLED to present Horseshoe Cottage, an imposing FIVE bedroom DETACHED home situated in the ever popular village of Layer-De-La-Haye.

This impressive five-bedroom, detached chalet-style property offers an abundance of space and versatility, making it an ideal family home. Set over two floors, the property is designed to accommodate a variety of lifestyles, with flexible living spaces and a high standard of finish throughout.

On the ground floor, you are welcomed by a stunning high-specification kitchen that truly forms the heart of the home. The kitchen is equipped with a large central island with stone surfaces, surrounded by an array of wall and base units offering ample storage space. The butler sink, with its chrome mixer tap, adds a touch of elegance, while the kitchen is fitted with top-quality appliances, including space for a Range Master stove with extractor hood above, as well as space for a freestanding fridge/freezer and washing machine. This spacious kitchen also doubles as a dining area, offering plenty of room for hosting large gatherings or enjoying family meals.

Adjoining the kitchen is a conservatory, which offers stunning views of the expansive rear garden perfect for relaxation or entertaining in a light-filled, airy space.

The lounge features engineered wood flooring and a feature fireplace, creating a cozy atmosphere. A window to the side aspect fills the room with natural light, making it a warm and inviting space for family time or relaxing in the evenings.

The ground floor also benefits from three bedrooms. Bedroom One features an en-suite shower room, which is fully tiled with a modern pedestal wash hand basin, a radiator, W.C, and a shower cubicle, with a window to the side aspect. Bedroom Two is currently used as a living area but offers the potential to be converted back into a comfortable double bedroom. Bedroom Three also benefits from fitted storage, offering added convenience.

The ground floor is completed by an additional shower room, ideal for family use or as a guest bathroom.

Upstairs, the first floor houses two more double bedrooms, both benefiting from useful eaves storage and Velux windows, allowing natural light to flood in, making the rooms feel bright and spacious.

The largest bedroom on the first floor offers a true sanctuary, with an en-suite bathroom that exudes luxury. This beautifully appointed bathroom features a Velux window, a freestanding feature bath with contrasting tiled wall behind, and inset toilet storage for a modern touch. A radiator with a towel rail adds practicality, while the wall-mounted vanity basin and W.C complete the contemporary feel. Inset spotlights create a calming atmosphere.


''EXTERNALLY''


The property is set on an impressive 0.32-acre plot, offering a spacious and lush garden that is mostly laid to lawn. Surrounded by a variety of mature plants, trees, shrubs, and hedges, the garden provides a tranquil and private retreat. Several patio areas are scattered throughout the space, ideal for placing outdoor furniture and enjoying al fresco dining. Additional features include a large greenhouse, a storage shed that could also function as a workshop, and a charming summer house. The property also benefits from solar panels, which are fully owned by the current owners and will be transferred to the new occupants. Ample off-road parking is available on the private driveway, ensuring convenience for multiple vehicles.

The garage has been partially converted, now offering a reception area, kitchenette, shower room, and a bedroom area. This space could easily function as a self-contained annexe


''LOCATION''

Layer de la Haye is a picturesque and peaceful village located just a few miles from the bustling town of Colchester in Essex, making it an ideal spot for those seeking the charm of rural living with easy access to urban amenities. The village retains a strong sense of community, with residents enjoying the close-knit atmosphere and welcoming vibe that defines this historic location.

In terms of amenities, the village is well-equipped for daily needs. There is a local shop, which provides a range of essentials, along with a post office for convenience. The village also boasts a well-regarded primary school, making it a popular location for families. For those who enjoy outdoor pursuits, there are plenty of walking routes nearby, including trails that explore the surrounding farmland and natural beauty.

Social life in Layer de la Haye thrives, thanks to the active and friendly community. The village hall is often used for various events and activities, providing a hub for local gatherings. There is also a pub in the heart of the village, offering a place for residents to meet and socialize in a relaxed environment.

For those who need access to wider amenities, Colchester is just a short drive away, providing a wealth of options, including shopping, dining, cultural attractions, and excellent transport links to London and beyond. The proximity to Colchester, with its mix of modern and historic offerings, ensures that residents of Layer de la Haye can enjoy the best of both worlds: a tranquil village lifestyle with all the conveniences of a larger town just a stones throw away.

Overall, Layer de la Haye is a welcoming, well-served village that offers a peaceful escape from the hustle and bustle, with a close-knit community and plenty of local amenities to ensure a comfortable and fulfilling lifestyle.

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

£ 538950

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
    £ 16250
  • 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

£ 51450
  • 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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