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4 Bed Detached House For Sale Grove Road, Colchester, CO5

£750,000- Detached

Yield: 2.4%
1 of 15
Yield: 2.4%
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  • Rental Guide: £1,200 - £1,500
  • 4 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Extended Detached House
  • Very High Spec
  • Four Bedrooms
  • Two En-suites And Walk-in Wardrobes
  • 35ft Kitchen/diner
  • Bi-fold Doors To Garden
  • Under Floor Heating To Gf
  • Large Rear Garden
  • John Cullen Lighting System
  • Built-in Sonos Sound System
Last Updated: 28th May 2020

Description

The Property
Wow....A truly amazing ultra modern four bedroom detached house which has undergone a remarkable transformation and completed to a very high specification.

The extensions has provided an open plan living area that includes a 35ft family room with two sets of bi-fold doors which lead to a large infinity patio and generous size rear garden.

Internally the property has been finished to a very high standard with an oak staircase and oak veneer internal doors, fully fitted kitchen with island, and modern bathroom and two en-suites.

The little touches make a difference and they are in abundance with a Wifi Controlled Sonos entertainment system with built-in Monitor Audio ceiling speakers, CCTV system with HD cameras and a John Cullen lighting system with a host of internal and external lighting configurations.

The property also benefits from a garage and plenty of off street parking.

Internal viewing is essential to appreciate this home.

TO VIEW THIS PROPERTY PLEASE CLICK ONTO OUR BROCHURE, CLICK VIEW PROPERTY AND THEN SELECT THE SUITABLE DAY AND TIME. ALTERNATIVELY CALL OUR SALES SUPPORT GUYS ON THE NUMBER ABOVE.



Entrance Hall
A composite door leads to the entrance hall with porcelain tiled flooring, oak staircase with stair lights leading to the first floor, uplighters, under stairs cupboard, store cupboard with under floor heating controls, door to downstairs cloakroom and access to the large living room and family room

Downstairs Cloakroom
Spotlights, vanity wash hand basin with mixer tap and cupboard under, low level WC, porcelain tiled floor

Living Room
Double glazed bay window to front, secondary window to front, spotlights, Sonos entertainment system, under floor heating, double doors to entrance hall, open access to family room/kitchen/dining area

Kitchen/Family Room
Spotlights, two sets of bi-fold doors to the rear opening onto an infinity patio, porcelain flooring, the kitchen a range of wall mounted units and base units with a built-in full length freezer and fridge, two electric ovens and dishwasher, larder cupboard and pull out larder, five ring induction hob with hood above and sink unit with mixer tap inset to a Quartz work surface with up stands, island with wine cooler with base units and matching Quartz work top, door to utility room

Utility Room
Double glazed obscure window to side, Quartz work top with inset sink with mixer tap, cupboard under, space for washing machine and tumble dryer, door to garage

Landing
Oak staircase leading to first floor landing, double glazed window to front, airing cupboard, radiator, access to loft with pull down ladder

Master Bedroom
Double glazed French doors to rear with Juliet balcony, spotlights, radiator, access to walk-in wardrobe and en-suite

En-suite
Double glazed window to side, vanity wash hand basin with mixer tap and cupboard under, low level WC, walk-in shower, tiled walls, tiled flooring, heated towel rail and dimmable LED lighting.

Bedroom Two
Double glazed window to front, radiator, access to walk-in wardrobe and en-suite

En-suite Two
Spotlights, double glazed obscure window to front, vanity wash hand basin with mixer tap and cupboard under, low level WC, quadrant shower cubicle, tiled walls, tiled flooring, heated towel rail

Bedroom Three
Double glazed window to rear, radiator

Bedroom Four
Double glazed window to rear, radiator

Family Bathroom
Double glazed obscure window to side, dimmable LED lighting, vanity wash hand basin with mixer tap and cupboard under, low level WC, free standing bath with mixer tap and shower attachment, walk-in shower, tiled walls, tiled flooring, heated towel rail

Outside
The rear garden has a large infinity patio and is mainly laid to lawn and enclosed by wood panelled fencing, side access.
The front garden has a charcoal coloured block paved driveway which provides plenty of off street parking and access to the garage, flower beds and external lighting

Disclaimer for virtual viewings
If you choose to make an offer based solely on a virtual viewing, then Purplebricks does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content in the event that a physical valuation has not been carried out. Should you decide to make an offer on a property, you accept that any representations made in relation to the property may be based on virtual information provided by the Vendor. In the event that the valuation was carried out virtually, Purplebricks is not responsible for this information or its accuracy. If in any doubt, you should make additional enquiries before completion.
Agent Details
Purplebricks.com
Cranmore Drive, Solihull, B90 4RZ
Show Contact Number
0800 810 8008

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Fully Classified
2.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
5

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
5.5

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
2

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
4 Bedroom properties in “CO5” are mostly listed between £1,200 - £1,500. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested