4 bedroom detached for sale

£475,000 Offers in excess of

4

Bedrooms

3

Bathrooms

Floorplan

Situated in the sought-after area of Canopy Lane, Newhall, this stunning FOUR BEDROOM DETACHED TOWNHOUSE spans three floors, offering contemporary and versatile living spaces. Boasting a double driveway that accommodates two cars.

The property welcomes you with an inviting entrance hall leading into a bright and airy open-plan lounge/diner/kitchen. The lounge/diner provides seamless indoor-outdoor living with doors opening to the rear garden, while the modern fitted kitchen is equipped with a range of wall and base units and integrated appliances, perfect for modern family living. A convenient downstairs cloakroom completes the ground floor.

The first floor is home to the spacious master bedroom, which features a private balcony overlooking the rear garden, creating a tranquil retreat. This room also benefits from an ensuite shower room. Additionally, the smallest of the four bedrooms is located on this floor, ideal for use as a nursery or home office, offering flexibility to suit your needs.

The second floor comprises another generously sized bedroom with its own ensuite, along with two further well-proportioned bedrooms. A family bathroom with a contemporary three-piece suite serves the second floor, providing practicality and comfort for a growing family or guests. Throughout the home, the thoughtful layout ensures space and privacy for every household member.

Located close to primary and secondary schools, local shops, and amenities, this property offers convenience alongside modern living. Its excellent transport links include easy access to the M11 and M25, providing direct routes into London, Stansted Airport, and Cambridge.

Please note, there is an estate charge of 360 per annum which contributes to the maintenance of this well-kept development, ensuring a welcoming and attractive community environment.

Call us today to find out more information and to arrange a viewing. Viewing is highly recommended

Entrance Hall - 1.22m x 2.13m (425 x 780) - Stairs to first floor landing, single radiator, downstairs cloakroom, coved to textured ceiling, storage cupboard.

Cloakroom - 1.98m x 1.22m (606 x 412) - Low level W.C, wash hand basin.

Lounge/Diner - 5.79m x 4.57m (1955 x 1585) - Double glazed window to the rear aspect, laminate flooring, spotlights, vertical radiator, power points, TV aerial points, door leading to the rear garden

Kitchen - 3.15m x 2.44m (1004 x 885) - Double glazed window to front aspect, tiled flooring, spotlights, a range of wall and base units with flat top worksurfaces, drainer unit, integrated cooker, electric oven, gas oven, hood extractor fan, integrated fridge freezer, integrated washing machine, integrated dishwasher, integrated wine fridge, space for freestanding fridge freezer.

First Floor Landing -

Bedroom One - 6.40m x 2.74m (2123 x 921) - Located on 1st floor, double glazed window to front & rear aspect with door leading to balcony, carpeted flooring, double radiator, telephone point, TV point, power points.

En-Suite - 2.82m x 2.13m (903 x 729) - Double glazed opaque window rear aspect, part tiled walls, spotlights, wash hand basin, heated towel rail, extractor fan, tiled flooring, heated towel rail, shaver point, low level W.C

Bedroom Four - 3.20m x 2.13m (1006 x 714) - Located on 1st floor, double glazed window to front aspect, single radiator, TV point, telephone points, carpeted flooring, power points.

Second Floor Landing - Vaulted ceiling, airing cupboard, power points,

Bedroom Two - 4.22m x 2.74m (1310 x 980) - Located on 2nd floor, vaulted ceiling, double glazed window to rear aspect, single radiator, fitted wardrobes, TV points, telephone point, power points.

En-Suite - 1.83m x 1.83m (619 x 674) - Double glazed window to rear aspect, vaulted ceiling, low level W.C, wash hand basin, double shower cubicle.

Bedroom Three - 2.74m x 2.44m (928 x 874) - Located on 2nd floor, double glazed window to front aspect, single radiator, TV point, telephone point, vaulted ceiling.

Family Bathroom - 2.39m x 2.74m (710 x 990) - Located on 2nd floor, double glazed opaque window to front aspect, vaulted ceiling, single radiator, laminate flooring, panel enclosed bath with mixer taps & shower attachment, low level W.C, wash hand basin, part tiled walls, shaver point, extractor fan.

Rear Garden - mainly laid to artificial, grass with patio area, side access, shed

Locality - Primary Schools:
Newhall Primary Academy (0.32 miles), Church Langley Community Primary School (0.36 miles)
Secondary Schools:
Mark Hall Academy (0.44 miles), St Nicholas School (0.94 miles)
Train Station:
Harlow Mill Rail Station (1.18 miles), Harlow Town Rail Station (1.79 miles)
Motorways:
M11 J7 (2.1 miles), M11 J7A (1.64 miles)

Tenure: Freehold
Build: Standard Construction - Brick & Tile
Parking: Two Driveways- Space for Two Cars
Estate Management Charge: 360 P/A



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £2,054.22

Total Interest: £264,518.34

Overall Total: £739,518.34

Amortization For Monthly Payment: £2,054.22 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£15,060.15 £9,590.46 £465,409.54 
2026£14,748.72 £9,901.90 £455,507.64 
2027£14,427.17 £10,223.45 £445,284.20 
2028£14,095.17 £10,555.44 £434,728.76 
2029£13,752.40 £10,898.21 £423,830.55 
2030£13,398.50 £11,252.11 £412,578.44 
2031£13,033.10 £11,617.51 £400,960.93 
2032£12,655.84 £11,994.77 £388,966.16 
2033£12,266.33 £12,384.28 £376,581.88 
2034£11,864.17 £12,786.44 £363,795.44 
2035£11,448.95 £13,201.66 £350,593.77 
2036£11,020.24 £13,630.37 £336,963.40 
2037£10,577.62 £14,072.100 £322,890.41 
2038£10,120.62 £14,529.100 £308,360.41 
2039£9,648.78 £15,001.84 £293,358.58 
2040£9,161.61 £15,488.100 £277,869.58 
2041£8,658.63 £15,991.98 £261,877.60 
2042£8,139.31 £16,511.30 £245,366.30 
2043£7,603.13 £17,047.48 £228,318.83 
2044£7,049.54 £17,601.07 £210,717.76 
2045£6,477.97 £18,172.64 £192,545.12 
2046£5,887.84 £18,762.77 £173,782.35 
2047£5,278.55 £19,372.06 £154,410.29 
2048£4,649.47 £20,001.14 £134,409.15 
2049£3,999.96 £20,650.65 £113,758.51 
2050£3,329.36 £21,321.25 £92,437.26 
2051£2,636.99 £22,013.62 £70,423.64 
2052£1,922.13 £22,728.48 £47,695.16 
2053£1,184.05 £23,466.56 £24,228.60 
2054£422.01 £24,228.60 £0.00 

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

£ 382,075

Mortgage Loan to Value

80%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 25,843

Cumulative Rental Profit

£ 258,426

Cost of Purchase

£ 25,825
  • Stamp Duty
    £ 11,250

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11,875
  • 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

£ 31,157
  • Mortgage Interest
    £ 17,193

    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)
    £ 7,524
  • Letting Fee
    £ 240
  • Maintenance
    £ 5,700
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 531,326
  • Final Equity Profit
    £ 272,900

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 258,426

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 773,725

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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