Are you an Estate Agent? Register here
£2,500,000
Bedrooms
Bathrooms
Enviably situated within a plot of 0.32 acres and enjoying an excellent degree of privacy provided by tree lined boundaries, lies this individually designed detached residence, believed to have been built during the 1970s and backing onto Epping Forestland. The property is accessed via an electrically gated entrance and a driveway which is tree lined, with the trees creating a canopy over the drive, which is enhanced in the evening by lighting. Directly in front of the property is parking for several cars and providing access to the garage.
Once inside the property you are greeted by an open plan dining hall area. There is a spacious sitting room with a fireplace and gas flame fire creating a focal point. Whilst a sliding patio door opens onto a large balcony. Currently there is a study that was previously the fourth bedroom, with an adjacent guest cloakroom. The kitchen breakfast room enjoys a dual aspect, both this room and the dining hall have sliding patio doors leading out to a paved patio. A utility room is off the kitchen. To the first floor are three bedrooms the family bathroom and en-suite shower room to bedroom one, together, with a balcony off the bedroom.
For buyers wishing to find a property to accommodate a relative, then your search may be over, as this property features an annexe with a spacious bedroom, kitchenette, dressing room and en-suite shower room. The property also features gym with shower room and a swimming pool.
This property is to the northside of Loughton, as mentioned bordering onto Epping Forest being offering activities such as horse riding, mountain biking or simply a woodland walk. For the more energetic members of the family Loughton Leisure Centre is only 1.0 mile away. Loughton High Road with a Morrisons and M&S food hall, together with a variety of other shops, pubs, and many places to choose from for dining out, is within 0.9 miles, plus there is a Sainsburys in Old Station Road being 2.0 miles away. Loughton is also renowned for good schooling, both private and state, and for its commutability into London with the Central Line station within 1.9 miles.
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
LLO230169/1
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.
The Property has been saved to your favorites
/ 5
It's quick and easy