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£205,000
Bedrooms
Bathrooms
Reception
Jukes Estates are delighted to offer for sale this lovely 1 bedroom first floor flat in this sought after area close to Harlow town centre and Harlow Town train station.
Sold by Conditional Sale.This really is a great flat and would suite a first time buyer who is eager to get on the property ladder. The flat has a spacious modern kitchen and a large lounge with dining area and a fabulous juliette balcony for those warm summer days. A modern bathroom and a very good size double bedroom, you have an allocated parking space and the rent and service charge is only 364.79 per month making this a perfect affordable flat.
The property is ideally situated within walking distance of Harlow train station with trains to London Liverpool street and Stansted Airport and harlow town centre and Princess Alexandra Hospital.
What does living in Harlow have to offer?
Life in Harlow: A Comprehensive Guide to Living in this Vibrant Town
Harlow, a vibrant town located in the west of Essex, England, offers a unique blend of urban convenience and natural beauty, making it an attractive place for residents of all ages. Established as a new town after World War II, Harlow has grown into a diverse and dynamic community with a rich history and a promising future.
A Brief History
Harlow's roots trace back to the ancient parishes of Great Parndon, Little Parndon, Netteswell, Latton, and Harlow. The development of Harlow New Town was initiated in 1947 as part of the post-war expansion to alleviate housing shortages in London. Designed by the renowned architect Sir Frederick Gibberd, Harlow was envisioned as a town that integrates green spaces, residential areas, and industrial zones seamlessly.
Housing and Neighbourhoods
Harlow offers a variety of housing options, catering to different tastes and budgets. From contemporary apartments in the town center to spacious family homes in the suburbs, there's something for everyone. The neighborhoods are well-planned with plenty of green spaces, parks, and playgrounds, contributing to a high quality of life.
Education and Schools
Harlow boasts a range of educational institutions, from primary schools to colleges. Notable schools include Burnt Mill Academy and Harlow College, both of which have strong reputations for academic excellence. The town's commitment to education ensures that young residents receive quality learning opportunities.
Employment and Economy
The town's economy is diverse, with a mix of industries including healthcare, retail, manufacturing, and technology. Harlow is home to the Harlow Science Park, a hub for innovation and business development, attracting companies from various sectors. The Princess Alexandra Hospital is one of the major employers in the town, providing numerous job opportunities in healthcare.
Shopping and Dining
Harlow offers a plethora of shopping and dining options. The Harvey Centre and The Water Gardens are the main shopping destinations, featuring a wide range of retail stores, restaurants, and entertainment facilities. For dining, residents can enjoy a variety of cuisines from traditional British pubs to international restaurants, reflecting the town's diverse culture.
Recreation and Leisure
The town is renowned for its green spaces and recreational facilities. Harlow Town Park, one of the largest urban parks in the UK, provides residents with beautiful landscapes, a petting zoo, a bandstand, and various sports facilities. The town also has several leisure centers, including the Harlow Leisurezone, which offers swimming, fitness classes, and sports courts.
For culture enthusiasts, the Harlow Playhouse presents a variety of performances ranging from theater productions to live music. The Gibberd Gallery showcases contemporary art, and the town's sculptures, part of the Harlow Sculpture Town collection, add an artistic flair to the urban landscape.
Transport and Connectivity
Harlow is well-connected, making commuting and travel convenient. The town has two main railway stations, Harlow Town and Harlow Mill, offering regular services to London Liverpool Street, Cambridge, and Stansted Airport. The M11 motorway provides easy access to London and the wider motorway network, and local bus services ensure good connectivity within the town and to neighboring areas.
Community and Lifestyle
One of Harlow's greatest strengths is its sense of community. The town hosts numerous events and festivals throughout the year, fostering a strong community spirit. The Harlow Carnival, the annual fireworks display, and various farmers' markets are popular among residents.
Community centers and clubs cater to a wide range of interests, from sports and fitness to arts and crafts. Harlow also has a vibrant voluntary sector, with numerous organizations and charities working to support the community.
Conclusion
Living in Harlow offers a balanced lifestyle with the convenience of urban amenities and the tranquility of green spaces. Whether you are a young professional, a family, or a retiree, Harlow has something to offer. Its rich history, diverse economy, excellent educational institutions, and strong community spirit make it a desirable place to call home. As Harlow continues to grow and develop, it remains committed to providing its residents a high quality of life, making it a truly special town in the heart of Essex.
* Conditional sale means that the lucky new owners will have to pay a reservation fee of 2,000 including VAT to secure the property. This needs to be factored in when making an offer. Please call the office for further details
Tenure: Leasehold (111 years)
Ground Rent: 34.15 per month
Service Charge: 97.02 per month
Parking options: Off Street
Entrance hall w: 1.1m x l: 2.8m (w: 3' 7" x l: 9' 2")
Living room w: 2.5m x l: 6.6m (w: 8' 2" x l: 21' 8")
Window to rear aspect
Juliette Balcony
Space for dining table
Laminate flooring
Kitchen w: 1.3m x l: 2.2m (w: 4' 3" x l: 7' 3")
Modern fitted kitchen
Cooker
Gas hob
Cooker hood
Bedroom 1 w: 3.2m x l: 3.3m (w: 10' 6" x l: 10' 10")
Window to side aspect
Built in wardrobe
Bathroom w: 1.7m x l: 2.1m (w: 5' 7" x l: 6' 11")
Wash basin
Bath with shower
WC
Heated mirrored cabinet
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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