Space. If you’re looking for a home with space to live and
grow as a family then this unique semi-detached extended house offers it in abundance.
Four double bedrooms (possibly five), three bathrooms, three reception rooms,
open plan kitchen/diner, 40m rear garden with outhouses and parking for four
cars on the drive. It has it all!!
James Leigh Property Management is delighted to bring to
market this substantial four double bedroom property just yards from Marks Tey station
and its main line train link to London Liverpool Street (50 mins journey time).
The home has all the benefits of being ideal
for commuting coupled with a quiet village location.
The first impression you get when stepping into this
impressive property is that of a welcoming hallway. Downstairs this family home
extends across 105 sq. metres boasting a large lounge with a bay window to the front,
a second reception room which could be used as a fifth bedroom (with the possibility
of turning the downstairs shower room into an en-suite) and a large kitchen diner
bathed in light from dual aspect windows, bi-fold doors, patio doors and a
skylight. The industrial style kitchen provides a focal point for family
gatherings with plenty of room for entertaining across the spacious open plan 45
sq. metre room. Off the kitchen is the ‘loo-tility room’ – utility and shower room
combined.
Going up… the landing offers access to all rooms without
feeling cramped or overwhelmed by doors. Four ‘proper’ double bedrooms and a family
bathroom complete the upstairs. The huge main bedroom, with Juliet balcony,
includes an en-suite shower room and walk-in wardrobe.
Overall the house offers so much in its current style with the
added opportunity for the new owner to put their own personality into it.
Outside the drive can accommodate four cars and the private rear
garden extends some 40m (140 ft), mostly laid to lawn with a patio area close
to the house, a second patio plus a block paved section in front of the garage.
The outbuildings include the garage, a shed and a summer house nestled at the end
of the garden.
Marks Tey is a large village approx. six miles west of Colchester.
Access to the A120 (Clacton, Braintree, Stansted) and the A12 to Ipswich,
Chelmsford, London is just minutes away. Stanway shopping at Tollgate is a
short distance away providing a range of national outlet stores and restaurants.
Please contact James Leigh Property Management to arrange a viewing.
PROPERTY DETAILS
Entrance Hallway - 5.71m x 2.11m (18' 9" x 6' 11")
Reception/Bedroom Five - 4.80m x 4.01m (15' 8" x 13' 2")
Lounge - 7.51m x 3.13m (24' 8" x 10' 3")
Kitchen/Diner - 9.44m x 5.35m (30' 11" x 17' 7")
Utility Room - 2.16m x 2.13m (7' 1" x 7' 0")
Shower Room - 1.68m x 1.32m (5' 6" x 4' 4")
Main Bedroom - 6.4m x 4.13m (21' 0" x 13' 7")
En-suite - 2.02m x 1.91m (6' 3" x 6' 8")
Dressing Room - 1.98m x 1.13m (6'
6" x 3' 8")
Bedroom Two - 4.07m x 3.80m (13' 4" x 12' 6")
Bedroom Three - 3.58m x 3.15m (11' 9" x 10' 4")
Bedroom Four - 3.56m x 3.39m (11' 9" x 11' 1")
Bathroom - 2.57m x 2.12m (8' 5" x 6' 11")
Rear Garden – 40m (140ft)
Council Tax Band: C
EPC: G
Tenure: Freehold
Tenure : Freehold
Council Tax Band : C
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
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