Gracechurch Property Services are delighted to offer this ground floor, one bedroom flat to the Waltham Abbey market. Located on the ever sought after Howard Close, this property is ideally situated less than 5 minutes from the historic Waltham Abbey Town Centre and its amenities.
The property features an entrance hallway leading to a spacious living room, a well-appointed kitchen, comfortable double bedroom, and a family bathroom. The flat benefits from modern conveniences including an entry phone system, double glazing, and gas central heating for added comfort.
Additional amenities include ample communal parking spaces, making it convenient for residents and guests alike. The location is a short walk to Tesco and nearby GP, cafes, restaurants and pubs, offering a range of local services and social spots.
With excellent transport links, this property is only a 5-minute drive from Waltham Cross British Rail Station and the M25, providing easy access for commuters.
Howard Close is ideal for first-time buyers, investors, or those looking to downsize, offering a blend of comfort, convenience, and community living.
Other Information...
Tenure: Leasehold - 65 Years Remaining
Parking Arrangements: Communal Resident and Visitor Parking
Vendors position: Actively Looking
Council Tax Band: C (£1910.62 Per Annum)
Local Authority: Epping Forest
Location of Boiler: Kitchen
Potential Rental Value: £1150 PCM
Service Charge: £140.50 Per Month
Ground Rent: £80 Per Year
Utilities
Water: Mains water connected to the property.
Electricity: Property connected to mains electricity
Drainage: Mains & Surface water drainage connected to the property
Heating: Mains gas central heating
Windows: Double glazing
Mobile coverage (based on calls indoors)
O2 - Average
EE - Average
Three - Average
Vodafone - Average
Broadband (estimated download speeds)
Standard 7 Mbps
Superfast 80 Mbps
Ultrafast 330 Mbps
Tenure : Leasehold
Council Tax Band : C
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 |
