1 Bed Flat For Sale Newmans Lane, Loughton, IG10

£335,000- Flat

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 8th May 2024

Description

Presenting a charming one-bedroom flat, ideally suited for both first-time buyers and investors alike.

Constructed in 2018/2019 by Crest Nicholson, this flat occupies the first floor of Nova Court. It features an entrance hall, a spacious double bedroom with fitted wardrobes, a modern three-piece family bathroom with contemporary white Roca sanitaryware, and a dual-aspect open-plan living area with a balcony. The fully fitted Commodore kitchen is equipped with integrated SMEG appliances.

Additional features include a secure entry phone system, a large secure bike store and storage room, communal gardens, and an allocated parking space under cover. There's also ample unrestricted on-street parking available for further vehicles and visitors.

Nova Court is covered by a 10 NHBC warranty against structural defects until 2028.

The development is conveniently positioned close to both Loughton and Debden Central Line Stations, providing easy access into The City or West End. The area has several excellent private and public schools that are both primary and secondary level. Epping Forest, Hillyfields Open Space and Roding Valley Nature Reserve are all close by offering multiple areas to go for a bike ride, a run, or a Sunday stroll. The local area has many boutique shops, restaurants, supermarkets and amenities.

Lease remaining - 149 years.
Service charge - £1400 per annum.
Ground rent - £250 per annum.

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 Morrisons 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.
Agent Details
Daniel Frank Estates
5 Station Road, Loughton, IG10 4NZ

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£275,000
Loughton, IG10
Flat
6.9
£625,000
Loughton, IG10
End Of Terrace
6.6
£325,000
Loughton, IG10
Apartment
6.6
See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested