Welcome…
Push open the front door to reveal a reception area currently used as a dining space. It has real wood flooring and delightful, quirky character from the exposed timbers and brickwork. A cast iron Aga sits in the corner of the room, a lovely nod to the history of the property that has been treasured in this home for generations and passed on from owner to owner.
To the right is a cosy living room with real wooden floorboards and painted brickwork walls, adding to its character. Double-glazed sash windows allow natural light to pour into the property, and the lower half at the front is partially obscured for added privacy. It is a comfortable place to hide away from the world and relax. Put your feet up and get lost in a box set on TV.
Kitchen…
The original quarry floor tiles were uncovered during the restoration and brought back to life. White kitchen units topped with wooden worktops are fitted around the perimeter of the room. There is an oven, hob, integrated dishwasher, washer dryer, and fridge freezer. There is plenty of storage space and workspace, ideal for preparing all manner of gourmet cuisine.
Bathroom…
The bathroom is on the ground floor and has reclaimed checkerboard floor tiles, which the seller uncovered during the restoration. It has a fitted bath with a shower over, a WC, and a wash hand basin, and the walls are partially tiled with crisp white metro tiles. Enjoy a long soak in a deep bubble bath and an evening of pampering.
Bedrooms…
As the day comes to an end, climb the stairs to the bedrooms. There are two bedrooms, both of which comfortably fit a double bed. The ceilings have exposed beams for added character, and the larger of the two bedrooms has a feature cast iron fireplace. Double-glazed windows ensure a peaceful, undisturbed night's sleep, so you will wake refreshed and ready to take on the day.
Outside…
At the rear of the property is a private paved area where you can enjoy a moment outside without the worry of a lawn to cut and manage. Low-maintenance and private, this space is ideal for a peaceful morning coffee or a BBQ with friends in the summer. This is the perfect outdoor area for a cottage, with plenty of room for pots and plants that can grow up the fences to add colour and vibrancy.
Out and about…
Waltham Abbey is a quintessentially British village complete with butchers and bakers (no candlestick maker, but you get the idea). The town has a longstanding twice-weekly market held on Tuesdays and Saturdays selling fresh produce from local farms. A Co-op supermarket is just a 30-second walk from the property, and Tesco is a 5-minute walk away, perfect for daily essentials.
Waltham Abbey is located between junction 25 and 26 of the M25, perfect for travelling. Take a gentle morning stroll for 20-25 minutes to the station, which has a direct line into Liverpool Street Station, taking just 20 minutes. This is a lovely way to start a commute in the morning, although there are bus links, too, if you prefer an extra few minutes in bed.
There are a few primary schools in the area to choose from, and a local secondary school, with private schooling options if you would prefer.
The peaceful Abbey Gardens and the delightful Lee Valley Park are both on the doorstep and offer amazing, picturesque walks. Enjoy the tranquility of the Rose Gardens, or take yourself and the family on a trail to explore hundreds of years of history.
Waltham Abbey is the perfect place to live, away from the hustle and bustle of city life but with amenities close by.
Finer Details:
Cottage
Semi-detached
2 Bedrooms
Garden
Freehold
Not Listed
Parking space in the adjacent car park
Council Tax Band: D
Borough: Epping Forest
Services:
Mains water
Mains electricity
Mains drainage
Gas central heating
Broadband coverage: Ultrafast
Mobile signal/coverage: Good
Tenure : Freehold
Council Tax Band : D
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| 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 |
| 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 |
| 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 |
