2 bedroom properties in close proximity are mostly listed £1,400 - £2,100 – 12 recently listed properties were found in that band. However, the highest were £2,300, £2,200, £2,200.
These figures should only be used as a guide, always get a rental assessment from a professional.
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Last Updated: 27th June 2024
Description
JOIN US FOR OUR BBQ ON THE GREEN THIS SATURDAY, 12PM - 4PM\r \r Join us for delicious BBQ food with refreshing drinks and ice cream this Saturday from 12pm until 4pm, whilst touring our 1, 2 and 3 bedroom Show Homes.\r \r \r \r Receive up to £25,000 towards your deposit*\r \r The Mulberry - Apartment 114\r \r Welcome to The Mulberry, a welcoming 2-bedroom, 767 sq ft apartment within The Green at Epping Gate. Enter into the inviting open-plan kitchen/living/dining room where an L-shaped kitchen seamlessly merges with the spacious living/dining area, adorned with Quartz worktops and integrated appliances. Open the doors to your south-west facing terrace, extending your living space outdoors. Both bedrooms are generously sized doubles, the master bedroom offering an en-suite bathroom, offering flexibility and comfort. The second bedroom also benefits from a north-east facing terrace leading out to the residents' only podium garden. The modern family bathroom boasts contemporary finishes, while Amtico flooring and plush grey carpets throughout create a cozy and inviting atmosphere, making you feel right at home.\r \r Your area\r \r Located just a 7-minute walk from Debden Station (Central Line Zone 6), The Green at Epping Gate is an exciting new development of studio, one and two bedroom apartments, 2 and 3 bedroom duplexes and 2 and 3 bedroom houses, in the sought after location of Loughton, Epping.\r \r With Loughton High Street just a 22-minute walk away, here you have everything you need; shopping, supermarkets, places to eat and grab a quick coffee.\r \r London connections couldn't be easier, with trains to Stratford in 22 minutes and Liverpool Street and Canary Wharf in under 35 minutes. Plus, proximity to Loughton, Chigwell and Buckhurst Hill means you have a whole host of high streets to choose from. Or you can get away from it all with a short 7-minute drive to the peaceful Epping Forest. You really do get the best of both worlds.\r \r Additional Information\r \r *\tLease: 999 years\r *\tService Charge: £1,461 pa (Block B)\r *\tGround Rent: Peppercorn\r *\tCouncil Tax: TBC \r \r \r *Up to £25,000 towards deposit available on selected plots only, up to a maximum of 5% of the property value, on reservations made by 31st July 2024. Terms and Conditions Apply. Please speak to a Sales Executive for further information.\r \r **Example based on market interest rates, with an average house price of £462,000 and an average mortgage term of 35 years. Assumes a 3% housebuilder incentive and a 2 year fix, with 90% LTV mortgage. Independent financial advice must be sought from a regulated mortgage broker to access this scheme. Your home may be repossessed if you do not keep up your mortgage repayments. Rates valid as of 06.03.2024.
Agent Details
Fairview New Homes
Borders Lane, Loughton, Essex, IG10 3SA
Investment Analysis
Annual Rent:
£25,140
Annual Mortgage Interest:
£6,945
Annual Costs:
£1,300
Net Profit:
£16,895
ROCI:
14%
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.