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£1,895,000
Bedrooms
Bathrooms
Nestled in one of Loughtons prime roads Spareleaze Hill, this impressive house offers a perfect blend of space and comfort, ideal for family living. Spanning an expansive 2,527 square feet, the property provides ample room for relaxation, privacy but also offering the opportunity to maximise the plots full potential with extensions, subject to planning consent.
When entering the house you are met by an impressive entrance hall, with original wood flooring features, cloakroom and w/c. There are three inviting reception rooms with a large living room, dining room and breakfast room with bespoke cabinetry, perfect for entertaining guests or enjoying quiet family evenings. Each space is designed to be versatile, allowing you to create the perfect atmosphere for any occasion. The bespoke modern fitted kitchen boasts ample storage, integrated appliances and side access.
Upstairs you are met by a large landing, hallway with four double bedrooms to choose from, three with fitted wardrobes, making it an easy move for large families. The stylish modern family bathroom is fully tiled and complete with a freestanding rolltop bath and large walk in shower.
The landscaped rear garden is designed offering a large patio to enjoy the summer evenings, alfresco style dining, lawn, mature shrubs, greenhouse for the 'grow your own' enthusiasts.
Additionally, the property offers parking for up to three vehicles, a valuable asset in this sought-after location and access to the garage. The The surrounding area is known for its community spirit and excellent amenities, making it an ideal choice for families and professionals alike.
This charming home on Spareleaze Hill is not just a property; it is a place where memories can be made. With its generous living space and prime location, it presents a wonderful opportunity for those seeking a new residence in Loughton.
Dining Room - 5.51m x 4.70m (181' x 155') -
Living Room - 6.10m x 5.51m (20 x 181') -
Dining Area - 3.91m x 4.09m (1210' x 135') -
Kitchen - 2.08m x 3.91m (610' x 1210') -
Garage - 5.00m x 3.61m (165' x 1110') -
Main Bedroom - 5.51m x 4.70m (181' x 155') -
Bedroom 2 - 4.57m,1.52m x 5.51m (15,5' x 181') -
Bedroom 3 - 4.19m x 4.60m (139' x 151' ) -
Bedroom 4 - 2.69m x 4.09m (810' x 135' ) -
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
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