Hillyfields, Loughton £250,000

YOUR NEW HOME…

A well-presented one bedroom ground floor apartment.

The apartment comprises of an entrance hall, a bright living/dining room, a modern fitted kitchen, a double bedroom and a contemporary bathroom. Externally the property benefits from a private front garden and storage cupboard.

Hillyfields is within walking distance to Hillyfields Open Space, local shops and Debden Central Line Station providing access into The City and West End.

Please note: The property is currently tenanted until March 2023.

Buy to let investors can purchase the property with a tenant in situ (subject to a mortgage lenders approval) or delay completion until March 2023.

Rental currently being achieved: £900 PCM
Current yield: 4.3% (Based on paying £250,000)

Length of lease: Approximately 179 years
Annual service charge: £274.01
Annual ground rent: £10

WHY LOUGHTON?

Loughton is an extremely sought-after area. The High Road is the centre point and covers all essential needs from supermarkets such as M&S, Sainsburys and Morissions to popular cafes, coffee shops and restaurants. Loughton Cricket Club, Bowling Club and the newly renovated Loughton Leisure Centre are all situated just off the High Road and offer sporting facilities and active lifestyle opportunities for all ages. In terms of schools there are a choice of both private and highly regarded state schools in the area. The wonderful Epping Forest offers multiple areas to go for a bike ride, a run, or a Sunday stroll. Loughton Central Line Station provides easy access into The City and West End.

Important notice: These particulars have been prepared in good faith and do not form part of any offer or contract. All interested parties must verify for themselves the accuracy of the information provided. Any measurements, areas or distances are approximate. Photographs, plans and text are for guidance only and should not be relied upon. We have not performed a structural survey on this property, and it should not be assumed that the property has all necessary planning, building regulations or other consents. Daniel Frank Estates has not tested any services, equipment, or facilities. Purchasers must satisfy themselves with suitable investigations prior to purchase.