Atlantic estates are delighted to offer a rare opportunity to purchase this Three Bedroom Semi-Detached family home with substantial potential for double storey side extension (STPP) within this sought after conservation area. The property is an ideal family home for any growing family looking to move into Highams Park Area. Within easy reach of Highams Park Station, it’s famous lake, and its many local shops, schools and amenities. Epping Forest is just a stone’s throw away, ideal for those who enjoy walking. You will also find for your convenience that there is fast access to both the M25 and the M11, providing direct access to Stanstead.
Situated on this enviable corner position with a Private Garage, and an exceptionally wide frontage offering off street parking for several cars. To the ground floor there are Two Reception Rooms, an Extended Kitchen/Diner with Utility Area, and a Downstairs W/C/Shower Room. Offering Three Bedrooms to the first floor, a Family Bathroom and the Opportunity to Extend into the Loft (STPP).
However, to really appreciate the size and location an internal viewing is highly recommended
What our Vendor has to say...
As a resident for 18yrs I have thoroughly enjoyed my time here. This home is situated in a conservation area and the houses were built in and around 1945 approx. Our neighbours are friendly and approachable and the area is mainly occupied by families. I have really enjoyed the local forest and lakes going for walks with our dog and grandchildren. With easy access into London when needed has made it so much more enjoyable. I have loved living here..
Tenure : Freehold
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
Tax Band | % | Taxable Sum | Tax |
less than £125k | 0 | ||
£125k to £250k | 2 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £125k | 3 | ||
£125k to £250k | 5 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £300k | 0(2/5)* | ||
£300k to £500k | 5 | ||
£500k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |