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Unit 4 Church Langley Way, Church Langley Essex
£295,000
Bedrooms
Bathrooms
Kings Group are delighted to offer this SPACIOUS and well-presented TWO BEDROOM SECOND FLOOR APARTMENT located in the popular Gilden Park development on Fieldfare Way, Harlow. This modern home benefits from two allocated parking spaces as well as visitor bays, and is ideally situated close to local shops, schools, and other essential amenities. With excellent road access via the new M11 Junction 7a, this property is perfectly placed for commuters, offering direct links to London, Stansted Airport, and Cambridge.
Upon entering the apartment, you are welcomed by an inviting entrance hall complete with a handy storage cupboard. The hallway leads through to a bright and spacious open-plan kitchen/lounge/diner, ideal for modern living and entertaining. The contemporary fitted kitchen features a range of wall and base units with integrated appliances, while the generous lounge area offers direct access to a private balcony, perfect for relaxing outdoors.
The apartment boasts two double bedrooms, with the master bedroom benefitting from built-in wardrobes for added convenience. Offered with a LONG LEASE of 121 years, this property represents an ideal purchase for a FIRST TIME BUYER. Additional charges include a service charge of approx. 1,600 per annum, a ground rent of 1 (peppercorn), and an estate charge of approx. 120 per annum.
Early viewing is highly recommended to appreciate the space and quality this home offers.
Fieldfare Way - Fieldfare Way is situated within Gilden Park, a contemporary residential development in Harlow, Essex. This area offers a blend of modern housing and convenient access to local amenities, making it an attractive location for families and professionals alike.
Residents of Fieldfare Way have access to local shops and amenities, including the nearby Churchgate Street and Old Harlow shopping precincts. Additionally, there is a temporary shop within Gilden Park to serve the communitys convenience needs.
he nearest train station is Harlow Mill, approximately 0.6 miles from Fieldfare Way. This station provides direct services to London Liverpool Street, Cambridge, and Stansted Airport, facilitating easy commutes and travel. Fieldfare Way benefits from proximity to the newly opened M11 Junction 7a, enhancing road connectivity to London and other regions.
Entrance Hall - Amtico flooring, single radiator, power points, storage cupboard, loft access.
Bedroom One - 4.57m x 3.05m (1595 x 1023) - Double glazed window to side aspect, radiator, carpeted flooring, power points.
Bedroom Two - 3.05m x 4.57m (1041 x 1557) - Double glazed window to side aspect and rear aspect, radiator, carpeted flooring, power points.
Family Bathroom - 2.13m x 1.83m (720 x 660) - Double glazed window to rear aspect, tiled splash backs, heated towel rail, vinyl flooring, wash hand basin with mixer taps, low level W.C, panel enclosed bath with mixer taps and thermostatic controlled shower, extractor fan, shaver point.
Open Planned Kitchen/Lounge/Diner - 4.57m x 5.18m (1588 x 1793) - Lounge:
Double glazed window to front and side aspect, door to balcony, Amtico flooring, storage cupboard, double radiator, power points.
Kitchen:
Amtico flooring, a range of wall and base units with flat top work surfaces, integrated cooker, electric oven, gas hob, hood extractor fan, double drainer unit, integrated fridge freezer, integrated dishwasher, power points.
Schools/Transport Links - Primary Schools:
Harlowbury Primary School (0.43 miles), Churchgate Church of England Voluntary Aided Primary School (0.59 miles)
Secondary Schools:
St Nicholas School (0.72 miles), Mark Hall Academy (1.01 miles)
Train stations:
Harlow Mill Rail Station (0.68 miles),
Motorways:
M11 J7A (0.95 miles), M11 J7 (3.27 miles)
Build: Standard Construction - Brick and Tile
Flood Risk: Rivers & Seas - Low, Surface Water - Very Low
Tenure: Leasehold
Lease Term:119 Years Remaining
Service Charge: Approx. 1600 Per Annum
Ground Rent: 1 ( Peppercorn)
Estate Charge: Approx. 120 Per Annum
Parking: Two Allocated Parking Spaces
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.
Unit 4 Church Langley Way, Church Langley Essex
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