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Algers Road, Loughton

£1,400,000Freehold

312
Brochure

Key Information

Tenure:Freehold
Council tax band:F
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Development Opportunity
0.6 Acre Plot
Single or Multiple Dwellings STTP
Existing 3 Bedroom Detached House
Pre-App 5 x 4 Bedroom Detached Dwellings

Description

A unique opportunity to purchase a detached house set on a plot of approximately 0.6 of an Acre in the heart of Loughton. The property is set in the middle of Algers Road, The Avenue and Spring Grove, Loughton and is accessed via a private driveway from Algers Road. The current residence is a three bedroom detached house, with two receptions rooms and a double detached garage with a total SQFT of 1,162 and is in need of modernisation.

The plot has a variety of end uses subject to planning as set out below.

Option 1
A single dwelling new build or extension / re modelling STPP. The overall plot size and location could easily support a substantial home whilst still offering complete security and privacy.

Option 2
A pre application has been put in by the current owners for a scheme of 5 x Four Bedroom detached dwellings, with approximate GIA 1,345 Sqft. Further information on the pre app can be disclosed upon request.

Please contact Elliott James – Prime Residential for further information.

Arrange Viewing

Roding Valley High School
(0.25 miles)
Number of pupils: 1374
Age Range: 11 - 18
White Bridge Primary School
(0.53 miles)
Number of pupils: 406
Age Range: 4 - 11
Staples Road Primary School
(0.72 miles)
Number of pupils: 618
Age Range: 4 - 11
The Alderton Infant School
(0.77 miles)
Number of pupils: 168
Age Range: 4 - 7
The Alderton Junior School
(0.77 miles)
Number of pupils: 278
Age Range: 7 - 11
Oak View School
(0.99 miles)
Number of pupils: 132
Age Range: 3 - 19
St John's Church of England Voluntary Controlled Primary School, Buckhurst Hill
(1.08 miles)
Number of pupils: 412
Age Range: 5 - 11
Guru Gobind Singh Khalsa College
(1.11 miles)
Good
Number of pupils: 213
Age Range: 3 - 19
Buckhurst Hill Community Primary School
(1.15 miles)
Number of pupils: 384
Age Range: 4 - 11
Woodcroft School
(1.4 miles)
Good
Number of pupils: 43
Age Range: 5 - 14

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£7,366 /mo.25 Years, 5% Interest
Loan
£1,260,000
Total Repay
£2,209,750

Stamp Duty

You’ll have to pay the stamp duty of:
£81,250
0% up to £250,000
5% between £250,000 and £925,000
10% between £925,000 and £1,500,000
Your effective stamp duty rate is 5.80%

Would you like to speak to someone about a mortgage?

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