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£2,250,000
Bedrooms
Bathrooms
Madison Fox Loughton are excited to present this outstanding detached seven bedroom family residence, newly available on the market, located in the heart of Loughton. Spanning over 5,100 sq ft this exceptional property, situated behind modern electric gates, features a spacious driveway accommodating multiple vehicles with ease. Conveniently located approximately one mile from Loughton Central Line Station, this home is ideal for contemporary commuters and their families. Additionally, residents will appreciate the close proximity to Loughton High Road, offering a diverse array of social and retail amenities, as well as the recently renovated Leisure Centre.
This propertys well-designed accommodation spans two floors. The ground floor, equipped with underfloor heating throughout, includes a grand entrance hall, an expansive kitchen with a central island and integrated appliances, and two large formal reception rooms perfect for entertaining. The dining room, which opens to a private garden, a separate study, a gymnasium, a steam room, and a spacious double garage are also located on this level. A large living room, previously used as a ground floor bedroom, features an en suite shower room. Additionally, there are two cloakrooms and a separate prayer room on the ground floor.
Access to the first-floor accommodation is provided by two separate staircases. The first staircase leads to two generous double bedrooms, each with en suite facilities, another double bedroom with an en suite and dressing room, and the principal suite featuring a dressing room, walk-in wardrobe, and en suite bathroom. The second staircase leads to two additional spacious double bedrooms, one with a Jack & Jill en suite, and another principal bedroom complete with built-in wardrobes and an expansive en suite.
The rear of the property boasts a south-facing private garden, side access on both sides, and a fully functional outhouse. Currently used as a bar and social space, the outhouse can easily be converted into a home office, providing additional workspace for those who need it
Church Lane in Loughton is a highly sought-after residential area known for its picturesque charm and convenient amenities. This well-established neighbourhood offers residents a perfect blend of suburban tranquillity and urban convenience. Families are particularly drawn to the area due to the excellent educational facilities, including several highly regarded primary and secondary schools. The proximity to these schools makes Church Lane an ideal location for families with children of all ages.
Public transport options are abundant, with the Loughton Central Line Station situated nearby, providing easy access to central London and other key destinations. This makes Church Lane a favoured spot for commuters seeking a peaceful home environment without sacrificing connectivity to the city. Additionally, the area is well-served by local bus routes, ensuring seamless travel within Loughton and its surrounding areas.
For those who travel by car, Church Lane offers convenient access to major motorways, including the M11 and M25, facilitating straightforward journeys to various parts of the country. The nearby Loughton High Road is a vibrant hub of activity, featuring a wide array of shops, boutiques, cafes, and restaurants. Residents can enjoy a leisurely stroll along the high street, taking advantage of the diverse retail and dining options available. With its blend of excellent schools, efficient transport links, and a bustling high street, Church Lane in Loughton remains a prime location for those seeking a balanced and well-connected lifestyle.
Freehold.
Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations. It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted. All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed. Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.
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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