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Colebrook Lane, Loughton

Guide price £475,000

  • End Terrace
  • 3
  • 1
  • 2
  • Property Type: End Terrace
  • 3 Bedrooms
  • 1 Bathrooms
  • 2 Reception
  • Tenure: Freehold
  • Current Occupant: Vendor
Reference number : friend_797256732
Market info

Beautiful End Of Terrace Family Home In Loughton

GUIDE PRICE £475,000 - £500,000 

OPEN HOUSE EVENT 17TH SEPTEMBER 2022

11:00AM - 12:30PM

BY APPOINTMENT ONLY


Friend & Farrelly Property Services are proud to offer this stunning three bedroom end of terrace family home in Loughton. On the ground floor the property offers an entrance porch, light entrance hallway leading to nice sized living room, large contemporary kitchen diner, cloakroom, stunning conservatory overlooking a truly beautiful landscaped garden which has a newly fitted decked area and provides side access to property. On the first floor the property has two double bedrooms both with fitted wardrobes, a further single bedroom and family bathroom and finally on the second floor a further large loft storage room.


The location of this property is perfect for a family who are looking for a home that is not overlooked; having front views of treelined Jessel Green and a very private rear garden. The property is within close proximity to a number of schools and has excellent transport links to London being a 10-15 minute walk to Debden Station and also has superb bus links within a very short walk from the property.  The property totals 124sqm.



Tenure  : Freehold

Council Tax Band  :  D

Colebrook Lane, Loughton

Floor Plan

  • 1

Download EPC

Calculate your 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
£ 398825
Mortgage Loan to Value
84%
Gross Yield
%
Annual ROI
%
Annual Rental Profit
£
Cumulative Rental Profit
£
Cost of Purchase
£ 42575
Stamp Duty
£ 28000
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Refurbishment Budget
£ 11875
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
£
Mortgage Interest
£
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)
£
Maintenance
£
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
£
Final Equity Profit
£
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit
£
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
£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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Single Property

Purchase Price

(Enter numbers only)

Show Full Calculation
Effective Rate
00.00 %
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

Additional Property

Purchase Price

(Enter numbers only)

Show Full Calculation
Effective Rate
00.00 %
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

First Time Buyer

Purchase Price

(Enter numbers only)

Show Full Calculation
Effective Rate
00.00 %
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
*For purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.

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