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Valley Hill, Loughton

Guide price £500,000

  • Terraced
  • 3
  • 2
  • 2
  • Property Type: Terraced
  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Reception
  • Tenure: Freehold
  • Current Occupant: Vendor
Reference number : friend_1147716638
Market info

Beautiful Three Bedroom Property In Loughton

GUIDE PRICE £500,000 - £525,000

OPEN HOUSE EVENT

30TH MARCH 2019

12PM - 1PM (by appointment only)


Friend & Farrelly Property Services Are Proud To Offer This Stunning Three Bedroom Property To The Market. The Ground Floor Boasts An Airy Entrance Porch Leading To A Large Living Room, Beautiful Modern Kitchen With Underfloor Heating, Tasteful Dining area With Utility Room And Downstairs Shower/ W.C. On The First Floor The Property Has Three Bedrooms, Two Of Which Are Double Rooms And Single Third Room Which Has Built In Wardrobes, Family Bathroom And Access To Large Loft Which Has Potential To Convert Subject To Planning Permission. The Property Benefits From A Large Drive With Room For 3 Cars, A Well Maintained Rear Garden And Beautiful Decoration Throughout.


The Property Is Located Within Catchment For Roding Valley & Whitebridge Schools And Is Within 0.4 Miles To Loughton Underground Station Leaving This To Be A Desirable Property For Families And Commuters. 


Viewings Strictly By Appointment With Agent.   

Tenure  : Freehold

Valley Hill, Loughton

Travel Distances

  • Loughton (tube)
    0.40 km

  • Buckhurst Hill (tube)
    0.75 km

  • Debden (tube)
    1.35 km

  • Roding Valley (tube)
    1.39 km

Floor Plan

  • 1

Download EPC

360 TOUR

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
£ 420200
Mortgage Loan to Value
84%
Gross Yield
%
Annual ROI
%
Annual Rental Profit
£
Cumulative Rental Profit
£
Cost of Purchase
£ 45200
Stamp Duty
£ 30000
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Refurbishment Budget
£ 12500
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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