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Warren Hall, Loughton see page 20

produced by Lawlors Property Services


produced by: Lawlors Property Services

inhouse inhouse

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Professional Contributors

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A Personal Choice

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Foskett Marr & Gadsby

5/6/7 8 9/10/11

Chigwell ‘spaces’ interior design Loughton

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Repton Park

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Savills Private Finance

14/15 16/17/18

Vantis Woodford

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Manor Landscapes

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Radiant Flooring

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Feature Property - Warren Hall

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Lettings

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A Pink Wig Will Get You Through It!

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Lettings

dedicated to property

news and views It is apparent from the recent media coverage that the public perception of estate agency is at an all time low. It is hardly surprising that our profession is under fire when there are so few regulations governing membership of our profession. The recent undercover TV program exposed sharp practices at many companies, but particularly, those who are not members of The National Association of Estate Agents (NAEA). It was apparent that many of the staff at these firms were using inappropriate practices because they were working on personally driven commission. It has long been the practice in estate agency that negotiators are paid personal commission, but this can often lead to conflicts in the office between the staff, and can be detrimental to the client. Because of this, we at Lawlors Property Services have never operated on this basis, and not only do we ensure that all our staff are highly trained and encouraged to achieve qualifications through the NAEA, but they are also paid on a pooled commission basis at each office. This system ensures that when you place your property with Lawlors Property Services you can rest assured that every member of staff in the office is working together, to achieve the best for you as the client. We believe that this is one of the fundamental secrets of our success in the area, and although our staff are highly motivated, they are driven by the desire to succeed and to be the best. BUDGET THOUGHTS

Going the extra mile… 1.

The magazine is distributed to 20,000 local homes every month.

2.

Personal service by qualified professionals.

3.

Members of the National Association of Estate Agents.

4.

Competitive fee arrangement for extensive advertising.

5.

Virtual tours, floorplans, email contact, screen presentation and full colour details.

WE want to sell YOUR property!

LAWLORS PROPERTY SERVICES

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We fully expected to make lengthy comments regarding the budget in this issue, but as far as property is concerned, it appears to be something of a damp squib! The only changes that affected property were a modest increase in the Stamp Duty threshold from £120,000 to £125, 000, which is hardly relevant in our area, and a phased raising of the Inheritance Tax threshold over the next few years to a measly £300,000 (see Vantis in-depth Budget review). Regrettably, none of this adds up to very much, and has little or no impact on the local market. However, on the plus side, at least there was no hike in Stamp Duty. Finally, we are pleased to welcome Gerard Houlihan (right) back from his travels around the world. Gerard has rejoined us as our Group Sales & Marketing Manager based at our Loughton Office and will further strengthen the team working for you, our clients. Many thanks . Sandra & James Lawlor FNAEA Partners, Lawlors Property Services


Gravel Lane, Chigwell

£1.85m

by James Lawlor PARTNER F.N.A.E.A.

I am spoilt for choice with this month’s edition, and it has been a struggle to find my favourite three properties from the wide selection of available property on our register at the present time. I hope that this excellent selection of prime properties will meet with your approval. I was most impressed with this fine house on Gravel Lane, Chigwell which offers fantastic views over open fields, yet can be best described as a ‘Mayfair’ farmhouse. This is simply because of the exquisite condition of the interior fittings throughout. This beautiful property sits upon its own grounds extending to approximately three acres, and has the benefit of six bedrooms, a master bedroom suite with en-suite bathroom and dressing room, family bathroom and additional en-suite to bedroom five. The property is protected by electric gates opening onto a pea shingle drive with parking for approximately ten vehicles, approaching the triple garage with space above for storage/play room. There is an array of accommodation on the ground floor to suit all family needs offering lounge, dining room, family room, study and a beautifully crafted bespoke fitted kitchen/breakfast room. All-in-all, a house that must be seen.

Manor Road, Chigwell £2.35m

Next on my list and something completed different, is not one property but two. I particularly fancy the two remaining apartments at the highly popular Buckhurst Gate Development in High Road, Buckhurst Hill. Now that the block is almost completed and the sales office is closed because most of the units have been sold, there appears to be just two lovely apartments to sell. These are beautifully presented Two Bedroom apartments with open plan lounge/kitchen, master bedroom with en-suite shower room, additional bathroom and Juliet balconies. This is a secure, gated development and an approximate size of 1,313sqft throughout. Extremely good value for money with a choice of apartments at £385,000 or £399,950. Lastly, but by no means least, is this exceptional detached residence situated on Manor Road, Chigwell which boasts spectacular views over Chigwell Golf Course, and must also have one of the largest sitting rooms, at 46ft, in the area. With a mixture of hardwood and Marble flooring, complimented by solid Oak doors and ornate wrought iron balustrade, this property is truly an architect’s dream. With an exceptional high-quality kitchen and utility room, family room, dining room and beautiful gardens overlooking the Golf Course, this property is very desirable. For more information on these and many other interesting properties, please check our website at www.lawlors.co.uk. I hope you enjoy my personal choice.

SO LD

SO LD

SO LD

LAWLORS: successfully selling your home...

april 06 inhouse

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Feature - Law

Duncan Gadsby: partner

Ever since I was encouraged to climb on the property ladder in 1988 I have been conscious of the difficulties first time buyers face in being able to purchase their first home The result of rising house prices is that many buyers in this part of the country need to borrow up to five times their salaries to get their foot on the first rung of the property ladder. I understand that the average age of first-time buyers is now well into their 30s, but many people would like to get on the property ladder sooner and are prevented from doing so by the initial costs, particularly stamp duty. There was some expectation of help with this from the chancellor in the budget, but this did not materialise. Calls that first time buyers be exempt from stamp duty were left unheeded and the small increase from £120,000 to £125,000 in the threshold over which a buyer is required to pay Stamp Duty will assist under 2% of transactions in this area. Most children would not welcome the advice I read over the weekend that the best thing parents could do is to encourage their child to save. Even fewer parents will appreciate the alternative suggestion that children could save on all that expensive rent by moving back home! Consequently, we are more frequently helping many families where parents have decided to assist their children take the first step - either by lending or giving money to them or by joining in the mortgage as joint borrowers. Clients who want a active involvement in the property can take a joint mortgage with their child and so co-own the property with them. The advantage of this is that both salaries are taken

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into account when a lender calculates how much can be borrowed. However, if both names are on the mortgage agreement then both will be jointly and severally liable for the monthly repayments, regardless of personal arrangements. As the parent has also become the owner of a property that will not be their primary residence, the parties will have to consider the possibility of Capital Gains Tax arising on the eventual sale. Alternatively there may be a further Stamp duty liability on a sale of the parents share to their child at a later date. If the parent subsequently makes a gift of their share then it may well be a potentially exempt transfer and not therefore excluded from the parents taxable estate for the purposes of any Inheritance Tax calculations, unless of course they survive the gift for a period of seven years.

Whilst parents are rightly concerned about the tax consequences of making a gift or a loan it is just as important they consider the legal implications. Our advice is that relevant legal contracts should be drawn up to ensure that no one else - such as the child’s partner - walks off with your or your child’s money. These arrangements are often done by way of a promissory note or by means of a ‘declaration of trust’ - otherwise known as ‘deed of trust’. This is a private legal document separate from, but running alongside, the property deeds and its purpose is to make any arrangement you have drawn up with your child legally binding. If you would like further advice on the legal implications of helping your child purchase their first property please contact Duncan Gadsby on 01992- 578642.


LAWLORS

CHIGWELL OFFICE

PROPERTY SERVICES

t: 020 8281 0123 f: 020 8281 0222 e: property.chigwell@lawlors.co.uk

116 High Road, Chigwell, Essex, IG7 5BJ

OAK LODGE AVENUE, CHIGWELL £499,995 Extended Four Bedroom Semi-Detached property boasting: cloakroom/WC, lounge, conservatory/dining room, kitchen/breakfast room, utility room, master bedroom with en-suite shower room, single garage & off-street parking.

DICKENS RISE, CHIGWELL £409,995 Three Double Bedroom Semi-Detached residence located in a sought after location within Chigwell. With no ongoing chain to this property an early viewing is highly recommended to avoid disappointment. Cloakroom/WC, lounge, dining room, kitchen/breakfast room, family bathroom, single garage & off-street parking.

DACRE CLOSE, CHIGWELL £439,995 Three Bedroom Detached home with attached garage. Currently extended to the rear giving a further reception/study room, the property would lend itself well to further extending (subject to the usual planning consents). Cloakroom/WC, lounge, kitchen/breakfast room, family bathroom & carriage driveway.

MANOR ROAD, WOODFORD GREEN £544,995 Immaculate Four Bedroom Detached property having been maintained to the highest standard and being just over ten years old. Cloakroom/WC, lounge, dining room, kitchen/breakfast, utility room, conservatory, master bedroom with en-suite bathroom, family bathroom, single garage & off-street parking.

HAINAULT ROAD, CHIGWELL £1.45M Backing onto the exclusive Chigwell Golf Course with picturesque views, lies this Five Bedroom Detached residence on the ever-popular Hainault Road. Lounge, dining room, TV room, kitchen/diner, utility room, cloakroom/WC, master bedroom with en-suite dressing room & bathroom, family bathroom, loft room/bedroom five, carriage driveway & garage.

LAMBOURNE ROAD, CHIGWELL ROW £565,000 Spacious Five Bedroom Semi-Detached property which has been extended affording excellent living accommodation. Cloakroom/WC, lounge, dining room, study/family room, kitchen/breakfast room, utility room, family bathroom, storage room, dressing area, off-street parking & single garage.

HAINAULT ROAD, CHIGWELL £575,000 This Four Bedroom Semi-Detached property is located within a sought after position and having no ongoing chain. Cloakroom/WC, lounge, TV/study, dining room, kitchen/breakfast room, utility room, master bedroom with en-suite bathroom, family bathroom & off-street parking.

MANOR ROAD, CHIGWELL £899,995 Detached family residence. The property boasts a wealth of features with: Lounge, dining room, kitchen/breakfast area, cloakroom/WC, utility area, master bedroom with en-suite bathroom, family bathroom and three further rooms in loft area.

Sunday Hotline 10am - 2pm 07736 234422 april 06 inhouse

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LAWLORS PROPERTY SERVICES

HIGH ROAD, CHIGWELL £499,995 Four Bedroom Link-Detached residence situated over three floors spectacular views over Essex countryside. Cloakroom/WC, lounge/diner, kitchen, family bathroom, master bedroom with ensuite bathroom, single garage, off-street parking & shared driveway.

COOLGARDIE AVENUE, CHIGWELL £525,000 Four Bedroom Semi-Detached residence offering three good-sized double bedrooms and fully landscaped rear garden. Lounge, sitting room, conservatory, kitchen, shower room, family bathroom, single garage & off-street parking.

NEW FARM DRIVE, ABRIDGE £725,000 Three Bedroom Detached property in a semi-rural location which has planning permission to extend the property to become a large Four Bedroom Detached with four en-suites, a double garage, three bay cart lodge and ménage. The property is set on approximately 2.5 acres

DALESIDE GARDENS, CHIGWELL £1,050,000 Five Bedroom Detached residence in a sought after location upon the Courtlands Estate. Lounge, family room, kitchen/breakfast room, utility room, shower room, master bedroom with en-suite shower, family bathroom, games room, off-street parking, landscaped rear garden & single garage.

SCHOOL LANE, CHIGWELL £1.4M Four/Five Bedroom Detached period home occupying a plot around 1.5 acres (this would need to be confirmed) boasting: lounge, sitting room, TV/family room, reception room, kitchen/breakfast room, utility room, storage room, WC/shower room, master bedroom with en-suite dressing & bathroom, family bathroom & study.

STRADBROKE DRIVE, CHIGWELL £1.65M Five Bedroom Detached residence with Marble flooring, hand crafted kitchen/breakfast room and no on-going chain. Cloakroom/WC, lounge, family room, dining room, utility room, master bedroom with en-suite dressing room & bathroom, bedroom three with en-suite shower room, family bathroom, detached double garage & off-street parking.

BRACKEN DRIVE, CHIGWELL £1,799,999 Six Bedroom Detached residence with no on-going chain. Two shower rooms, cloakroom/WC, lounge, sitting room, family/TV room, kitchen/breakfast room, utility room, master bedroom, bedroom two & bedroom five with en-suites, carriage driveway, summer house with changing facilities.

MANOR ROAD, CHIGWELL £2.35M Georgian-style Five Double Bedroom Detached residence overlooking Chigwell Golf Course with stunning uninterrupted views. Boasting five bathrooms, bespoke kitchen/breakfast room, solid Oak doors & frames, Marble flooring & Portland stone. Family room, dining room, cloakroom/WC, utility room & integral garaging.

Sunday Hotline 10am - 2pm 07736 234422 06

inhouse april 06


CHIGWELL OFFICE 116 High Road, Chigwell, Essex, IG7 5BJ t: 020 8281 0123 f: 020 8281 0222 e: property.chigwell@lawlors.co.uk

specialising in sales and lettings:

Chigwell, Abridge, Repton Park, Lambourne End and Stapleford.

CEDAR PARK, CHIGWELL £425,000 Three Bedroom, Three Bathroom Basement Apartment benefiting from unusually good natural light and offering: breakfast room, kitchen, lounge/diner, master, bedroom two & three with en-suites, single garage, cloakroom/WC, laundry room/cellar, communal grounds & video security entryphone.

THE BOWLS, CHIGWELL £380,000 Third Floor, Two Bedroom Apartment which has been recently refurbished by the current owners. Features of the property include a bathroom with jacuzzi bath, shower room with double power-shower with steam function, fitted kitchen with integrated appliances and a South-facing balcony.

GRANGE CRESCENT CHIGWELL, £509,995 Located on a corner plot is this Three Bedroom Detached 1920's-style residence, retaining much character and original features. Lounge, dining room, kitchen, family bathroom, single garage & off-street parking.

HIGH ELMS, CHIGWELL, £439,995 This particular property comes with stunning panoramic views of Chigwell and the surrounding areas offering: kitchen, dining room, cloakroom/WC, garage/store room, lounge, family bathroom, second bathroom & off-street parking.

LECHMERE AVENUE, CHIGWELL £525,000 Five Bedroom Detached family home with lounge, kitchen/breakfast room, play room/study, lobby area, shower room, family bathroom, rear garden & off-street parking.

GROVE LANE, CHIGWELL £1.35M Four Bedroom Detached property which can easily become a Six/Seven Bedroom as there are numerous reception areas to be utilised. Spacious accommodation on offer for todays modern living requirement. Immediate viewing a must!

MEADOW WAY, CHIGWELL £875,000 Four Bedroom Detached residence in a south after location upon the Courtlands Estate. Cloakroom/WC, lounge, dining room, sitting room, kitchen/breakfast room, master bedroom with en-suite shower room, bedroom three with en-suite, family bathroom & off-street parking for at lease six vehicles.

CHIGWELL RISE, CHIGWELL £925,000 Positioned in one of the most sought after location's within Chigwell, lies this Four Bedroom Detached residence offering all the qualities and many original features you would find of a property build in the 1930's. Immediate viewing encouraged.

Sunday Hotline 10am - 2pm 07736 234422 april 06 inhouse

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Feature - Interiors

YOUR

HOME

IS WHAT YOU MAKE IT...

Treat your home to a different kind of spring clean this April. Feeling a bit jaded after a long, cold winter? Longing to bring a fresh splash of colour into your living space? Say goodbye to your nets - open the windows and bring in the light! Whether you’re selling or staying put, spring is the perfect time to take a new look at your home. Funny how things change. One minute you’re happy with the way things are. The next minute you happen upon something that completely changes your mind. Professional improvements not only add serious value to a property, but make it more pleasurable to live in. Your home is your foundation for living. If you’re thinking of major changes spacesˇ can advise you. If you just need an uplift, with a fresh splash of colour, or a new way of arranging your home, we can do that too.All interiors benefit from fresh paint and paper and recoup by far the highest return in relation to outlay. But, before you get out your paintbrush, think about the end result. Planning is necessary to achieve a quality finish. That’s where spacesˇ can offer you a range of possibilities. You give us the groundwork and we’ll create that perfect setting.

Art in a room is like punctuation in a sentence - neither is complete without the other. Why not commission a distinctive modern canvass for less than you think? Original and unique artwork can enhance your home or workplace, whether you choose a single canvass, a diptych or triptych, by co-ordinating with the style, size and colour of any room. Our aim is to create a dynamic, impressive image. Go to the website to view artwork examples, or telephone to discuss your requirements.

Is selling perhaps not the right option for you, because of stamp duty and rising legal costs? Adding space to your home can substantially increase its value and take it to a higher price bracket. Extensions such as loft conversions or conservatories may be the right alternative, or a completely new interior design. Your home is your haven, whatever time you spend in it. Where do you spend most of your time? Where do you like to relax in those precious moments alone? Get one-to-one expert advice on any project you have in mind. Whatever the size, spacesˇ can work with you to provide solutions. Glossy magazines offer countless design possibilities. Sometimes they seem out of reach. But we can show you how to create your dream, at any budget. Say, for example, you want to create a warm welcoming space in a dingy hall. Everywhere has hidden potential and there is nothing more satisfying than bringing a space to life, and taking it into the home you love. spacesˇ will banish your interior design fears and work with you create a beautiful new home that will be a pleasure to live in, not just today, but for years to come. Our speciality is giving property a wow factor - raising values by adding good design.

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Call one of our consultants for your free, no-obligation consultation on 01279 721 594, or 0794 169 8763. Rebecca@spacesinteriordesign.co.uk, or view our website

www.spacesinteriordesign.co.uk.


LAWLORS

LOUGHTON OFFICE

PROPERTY SERVICES

t: 020 8502 5588 f: 020 8502 5802 e: property.loughton@lawlors.co.uk

165 High Road, Loughton, Essex, IG10 4LF

HIGH BEECH ROAD LOUGHTON £374,995 F/H A three bedroom end terrace period property retaining original features. Two reception rooms, kitchen/breakfast room and dining room. Side access, off street parking and centrally located off High Street, Loughton itself.

WOODCOTE MEWS GT. WOODCOTE PARK £379,995 F/H A 3 Bedroom Terraced house located on Great Woodcote Park. Large reception room running width of the house, fitted kitchen breakfast room and ground floor cloakroom. First floor offers 3 double bedrooms, with en-suite and fitted wardrobes to master and further bathroom garage, off street parking and balcony.

HOWARD LODGE BOLEYN COURT £299,995 L/H A 2 bedroom second floor apartment. With 2 balconies to the rear showing uninterrupted stunning views of London and beyond. Main bathroom and further en-suite. Allocated parking for 2 vehicles. Chain free.

CLEVES CLOSE HANBURY PARK £360,000 F/H A 3 bedroom detached family home offered in excellent condition throughout. 2 reception rooms plus conservatory, fitted kitchen and WC. First floor offers 3 bedrooms, one with en suite and further family bathroom. Garage and parking spaces Easy access to Loughton Central Line.

LITTLE STREET MERIDIAN PARK £265,000 F/H Three bedroom Detached House with en suite. The benefits are double glazing, gas central heating, integral garage. The property is in the heart of Meridian Park, an area of incredible natural beauty. Lounge 18' 3 x 12' 6 Kitchen 11' 3 x 8'1 Dining Area 8'7 x 8'6 and chain free.

GREEN HILLS BUCKHURST HILL £239,995 S/F Spacious 2 double bedroom second floor apartment. Communal grounds, allocated parking space, garage en block and chain free. Kitchen, modern shower room and a spacious lounge/diner. Added benefit of share of freehold.

CLEVES CLOSE HANBURY PARK £465,000 F/H Four bedroom detached property. Two reception rooms, kitchen breakfast room, utility room and g/f WC. En suite shower to the master, garage. Quiet cul de sac location. Access to Loughton underground station.

THE LODGE WARLIES UPSHIRE £620,000 F/H A 3 bedroom detached Period property set in the Essex Country Side benefits from many original features. Two receptions. Two bathrooms. We are advised by the current owners the property is set in approximately one quarter of an acre. Summer House and Out Building.

Sunday Hotline 10am - 2pm 07736 234422 april 06 inhouse

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LAWLORS PROPERTY SERVICES

THE HEIGHTS LOUGHTON £499,995 F/H Cul-de-sac location off High Road Loughton is this beautifully presented five bedroom. town house. Two reception rooms, kitchen and cloakroom on ground floor, four bedrooms and family bathroom on the first floor and dual aspect master suite on the second floor with terrace to front and modern stylish en-suite shower room as well.

PUMP HILL LOUGHTON £665,000 F/H 4 bedroom detached family residence situated within this prestigious location with superb views overlooking Loughton and London. Kitchen, Dining Room, Cloakroom Study, Garden Room, Master Bedroom with En Suite Shower Room. Rear Garden Garage Off Street Parking.

FIRS DRIVE LOUGHTON £549,995 F/H Well presented 4 bedroom detached property situated in North Loughton. Main reception with stunning views, fitted kitchen, off street parking, large garden running along rear, side and front of property. Separate cloakroom and utility room.

ALGERS ROAD LOUGHTON £584,995 F/H Ideally located for Loughton central line station and high road is this four bedroom detached house. Two receptions, kitchen, utility room, cloak room and integral garage on the ground floor and four bedrooms plus family bathroom and en suite to master on the first floor. Chain free.

HILL HALL THEYDON MOUNT £675,000 L/H This outstanding duplex 3 bedroom bungalow. Main reception 14' x 22' 8, second galleried reception 14'9 x 12'5. Modern fitted luxury kitchen, own private courtyard garden and garage.

TRAPS HILL LOUGHTON £575,000 F/H We are delighted to be offering to market this three bedroom detached property with large attached garage. Located on Traps Hill being set back from the road. The property would lend itself well to extending (subject to usual planning consents) if required.

DOVECOTE BARN THEYDON GARNON £550,000 F/H An opportunity to purchase this well presented 4 bedroom detached barn located in this semi rural setting. Sitting Room 18'4 x 16'4 Family Room 12'3 x 9'2 Cloakroom Kitchen 13'10 x 11'4 Utility Room Dining Room 11'10 x 11'1. Off Street Parking, rear Garden and chain free.

CHURCH LANE LOUGHTON £699,995 F/H Four bedroom detached residence. 3 receptions. G/F Shower Room Kitchen 16'0 x 8'8 Utility Room. Master Bedroom with en suite Bedroom 2 12'8 x 12'0 Bedroom 3 12'4 x 9'4 Bedroom 4 10'7 x 8'10 Family Bathroom Swimming Pool Off Street Parking Two Garages.

Sunday Hotline 10am - 2pm 07736 234422 10

inhouse april 06


LOUGHTON OFFICE 165 High Road, Loughton, Essex, IG10 4LF t: 020 8502 5588 f: 020 8502 5802 e: property.loughton@lawlors.co.uk

CAMPIONS LOUGHTON £750,000 F/H An opportunity to purchase this extended four bedroom executive family residence situated within this prestigious development on the North Side of Loughton. Kitchen, Utility Room Cloakroom. 3 Receptions. Master Bedroom with En-suite Bathroom. Family Bathroom Garden Room, Off Street Parking, Integral Garage, Rear Garden

specialising in sales and lettings:

Buckhurst Hill, Theydon Bois Epping, Loughton and Ongar.

RAVENSMERE EPPING £835,000 F/H A unique opportunity to acquire a four bedroom detached property set in approximately a third of an acre. The property also offers subject to the relevant planning permissions the ability to extend and increase this already impressive residence.

THEYDON PARK ROAD, THEYDON BOIS

QUEENS ROAD LOUGHTON £550,000 F/H A 4 bedroom end terrace, bay fronted, Victorian property offered in excellent condition throughout. Modern fitted kitchen and bathroom. Ground floor shower room/Utility room, off street parking, double glazing, G.C.H. and is chain free. Off Street Parking for Two/Three Vehicles.

£799,995 F/H

Currently undergoing an extensive refurbishment programme. Once completed will offer a stunning 4 bedroom, 3 en suite plus family bathroom double fronted Victorian home. Including 2 receptions, fitted kitchen diner, g/f WC, utility room and OSP for several vehicles.

CHURCH LANE LOUGHTON Development Opportunity A unique opportunity has arisen to purchase this currently four bedroom bungalow situated on the corner of Traps Hill and Church Lane. The property has planning permission to build a substantial family residence. The plans can be viewed via appointment at Lawlors property services Loughton.

CLOVERLYS LOUGHTON £899,995 F/H Set in one of Loughton’s more desirable locations is this five bedroom, four reception detached residence. The property has been substantially renovated and includes an exceptionally spacious suite including bedroom and shower room which have been constructed above the garage which could be used as a separate annex.

BRIDGE BARN THEYDON GARNON £1,150,000 F/H Lawlors are delighted to present this award winning grade 2 listed barn conversion with grounds extending to approximately five acres. The property has a stable block with separate living accommodation, a triple timber carport with further storage newly converted above. Beautiful galleried landing, feature fire place, beamed walls and ceilings.

LITTLE PLUCKETTS LOUGHTON £1,199,995 F/H A spacious five/six bedroom, three bathroom detached house within easy reach of Buckhurst Hill Central Line station and Queens Road's shops. Spacious Entrance Hall. Four reception rooms and utility room. Integral Garage. Master Bedroom with en suite and dressing Room/Study.

Sunday Hotline 10am - 2pm 07736 234422 april 06 inhouse

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Residential Homes LAWLORS PROPERTY SERVICES

Repton Park ROSEBURY SQUARE, £599,995

SUTHERLAND HOUSE, £569,995

Four Double Bedroom Mid-Terrace 'Westminster' Villa offers many refinements and qualities expected in a townhouse of the Victorian era. Granite work surfaces, luxury stone floors, ensuites & no on-going chain. Cloakroom/WC, kitchen/breakfast room, utility room, family bathroom, master bedroom with en-suite, bedroom two with en-suite, single garage & off-street parking.

Three Bedroom, First Floor Apartment with spectacular views over surround grounds and Essex Countryside. Boasting: high ceilings & the lounge/diner has two fantastic bay aspects with un-interrupted views. Kitchen/breakfast room, master & bedroom two with en-suites, additional shower room & allocated parking.

THE BOULEVARD, £699,995

SUTHERLAND HOUSE, £525,000

Four Bedroom Villa located in the prominent Repton Park with no ongoing chain. Dining room, cloakroom/WC, kitchen, utility room, single garage, family room, conservatory, lounge with study area, family bathroom, master & bedroom two with en-suites, off-street parking & single garage.

Two Bedroom, Top Floor Apartment with stunning views over Sussex and Hertfordshire and beautifully decorated in neutral colours. Master & bedroom twp with en-suites, lounge/dining room, kitchen/breakfast room, utility room, cloakroom/WC & allocated parking.

REGENTS DRIVE

BATHOLOMEW HOUSE £535,000

£975,000

Six Bedroom family home, arranged over three floors & garden in excess of 70ft. Lounge, dining room, kitchen/breakfast room, utility room, cloakroom/WC, master bedroom with en-suite bathroom & dressing area, bedroom two with en-suite bathroom, bedroom three with en-suite shower room, family bathroom & detached double garage.

Three Bedroom, First Floor Apartment offering spectacular views over the ground of Repton Park. Shower room, dining area, lounge, kitchen, master bedroom with en-suite bathroom, bedroom two with en-suite shower room, and allocated parking.

Repton Park Department: 020 8281 0123 12

inhouse april 06


By WENDY DOCHERTY, consultant SAVILLS PRIVATE FINANCE

Top-end finance from specialist brokers Demand for property in the prime housing market - homes costing £500,000 and above - is on the increase, partly due to the rise in bonuses and remuneration levels in the City of London, which are having a ripple effect outside the capital. According to Savills Research, prime country houses in the Home Counties are set to rise by 4 per cent this year, with the highest increases at the top end of the market. This compares with a 1 per cent increase in prices in 2005.

If you are considering splashing out on a property in the prime market, it is essential to seek expert advice on the best way of financing your purchase. A mortgage broker such as Savills Private Finance (SPF), which specialises in seven- and eight-figure mortgages, is essential. Not only will we be able to find the best deal for UK nationals wanting to buy in the region, we are also skilled in dealing with foreign nationals wanting to purchase in the UK.

For example, SPF is offering an exclusive two-year fixed rate deal of 4.25 per cent on a minimum loan size of £500,000. This fantastic rate is available up to 90 per cent loan to value (LTV) for those borrowing up to £1.75m, while 80 per cent LTV is available up to £2.5m and 75 per cent up to £5m.

Why not walk into the local branch of your highstreet bank and get a mortgage? Well, if, like many purchasers at this level, you are hoping to borrow as much as possible to buy the property of your dreams, a high-street lender is unlikely to get you the desired result. The majority of high-street lenders will refuse to deal in mortgages above £500,000, let alone lend you as much as, say 85 per cent of a £2m property purchase.

It is likely that you will be after an interest-only deal rather than a repayment, and this can be arranged. It is also likely that you will require more flexibility than a standard fixed or discounted deal can offer, and at SPF we can tailor a deal to meet your particular needs. Because your situation is likely to be far from straightforward, a cocktail of rates may be more suitable - some floating, some fixed - to tie in with your future earning expectations. This provides much more flexibility, which can be vital with a fluctuating income.

Those lenders who do offer bigger loans tend to charge higher rates for the privilege. This is because borrowers taking on deals this size tend to be more sophisticated than the average mortgage customer. They are more likely to ‘churn’ or move onto a better deal once the offer period ends, rather than put up with a higher, less competitive rate. And they are also more likely to clear their mortgage more quickly, paying off large chunks as, and when, they receive their bonuses.

“the right broker with the right contacts…“ This is where a broker with the right contacts comes into their own. We can negotiate the best rate on bigger loans as we can achieve discounts off the lender’s standard mortgage offering. This enables us to get you the same terms that the lender offers to those taking out smaller mortgages, which can save you thousands of pounds a year.

“tailor-made to meet your needs…“

if you’ve seen something you want as you may then miss out. It is not unusual for agents to demand that exchange of contracts occurs within 10 working days. Given that the average property transaction in England and Wales takes closer to 12 weeks, if you apply direct to the lender it is likely to take much longer than the agent’s deadline to obtain a big enough loan, process the offer and exchange contracts. Most lenders aren’t equipped to proceed this quickly but a broker can harangue the lender until the deal goes through in this restricted timeframe so that you don’t miss out on your dream home. For all your residential mortgage needs, contact Wendy Docherty at Savills Private Finance on 020 7715 4183 or 07968 553377

“speed is of the essence…“ Speed is one of the biggest assets a broker experienced in this market can bring to the table. One of the major problems with £1m-plus properties is that there is often a lot of demand for them. Particularly desirable properties are snapped up quickly so you can’t afford to hang about

april 06 inhouse

13


Feature - Finance

The Chancellor’s Budget 2006 The Chancellor of the Exchequer announced his tenth (and last?) Budget on 22nd March 2006. His speech lasted over an hour and one political pundit commented “with no Budget black hole to fill and no money to spend Mr Brown filled the vacuum with politics”!

what constitutes a “settlor interested” trust for Income and Capital Gains Tax purposes. It is unclear as yet whether this will remove the possibility of hold over relief under S.260 Taxation of Chargeable Gains Act 1992 on assets gifted to life interest trusts and accumulation and maintenance trusts set up by parents for minor children which was also introduced in this Budget.

The general press is referring to Mr Brown’s “Budget for Schools” where he set out his ambition to match what private schools spend in State schools. It is very interesting to note that in the Treasury’s Red Book – which contains all the hard facts on the Budget – there are no hard facts, no figures, no target dates and no explanation of how this long term ambition will be paid for!

The new rate of income tax relief for investors in Venture Capital Trusts (VCTs) will be 30 per cent.

As always on Budget Day, the devil is in the detail, particularly when it comes to tax. This year there are 64 separate press releases on tax issues – which is many more than usual (last year there were only 37). We are setting out below an outline of the main proposed changes that affect personal tax and a brief summary of the others. As always, many of the changes relate to the Chancellor’s continued attack on tax avoidance.

PERSONAL CHANGES Inheritance Tax & Trusts New rules have been introduced to bring into line the Inheritance Tax treatment of gifts to life interest trusts and accumulation and maintenance trusts with the existing discretionary trust regime. Other than in a few limited circumstances, (mainly involving death), gifts to life interest trusts and accumulation and maintenance trusts no longer qualify as “potentially exempt transfers” and thus exempt from Inheritance Tax if the settlor survives the gift by seven years. With effect from 22nd March 2006 gifts to new trusts (or to existing trusts) will now be subject to: 1. an immediate Inheritance Tax charge at 20% on lifetime transfers that exceed the Inheritance Tax threshold; 2. “periodic” charges every tenth anniversary of the trust and 3. “exit” charges when trust capital is appointed to beneficiaries. However, the alignment of the tax treatment will in certain circumstances mean that capital gains can be held over under S.260 Taxation of Chargeable Gains Act 1992. There are special rules to determine when existing trusts fall within the new regime.

Tax System for Trusts New measures have been introduced with effect from 6th April 2006 to modernise the tax system for trusts and to bring the main trust related definitions and tests for tax on income and capital gains into line. In particular there will be a common definition of “settled property”, “settlor” and a common test to determine whether the trustees of a settlement are resident in the UK for both Income Tax and Capital Gains Tax. In addition changes have been made to the definition of

14

inhouse april 06

Changes to the Venture Capital Schemes

The minimum period for which VCT investors must hold their shares will rise to 5 years - previously it was 3 years. There are changes to the meaning of "investment" which means that after 6 April 2007 it will be easier for a VCT to qualify for relief.

At A Glance • Changes to the Inheritance Tax regime involving trusts • Removal of 0% Corporation Tax Rate • More detail on UK Real Estate Investment Trusts • Increase in Enterprise Investment Scheme limit from £200,000 to £400,000 • Change in rate of Income Tax relief on investments into Venture Capital Trusts new rate 30% • Lots and lots of small tweaks...

Regarding enterprise investment scheme (EIS) the annual investment limit for income tax relief is doubled to £400,000. Regarding VCT, EIS and the corporate venturing scheme, the limit on the maximum size of companies able to raise money under the schemes ("the gross assets test") is reduced to £7 million before investment and £8 million afterwards. (They used to be £15 million and £16 million respectively). Except as indicated above, the new measures take effect from 6 April 2006 subject to certain transitional measures.

Alternative Finance Arrangements Measures have been introduced that build on those introduced in FA 2005 relating to finance arrangements that are structured so that they do not involve the payment or receipt of interest. The legislation in FA2005 enabled certain financial arrangements to be taxed in a manner similar to those involving interest. It also ensured that other rules relating to interest, such as deduction of tax at source apply in the same way. The new provisions provide for two alternative financial arrangements to be taxed on a level playing field with products involving interest. These relate to an agency-style contract, which is equivalent to a savings account, and a partnership-style arrangement used to finance the purchase of property or other assets. Additionally under these provisions low cost alternative finance arrangements provided by employers to employees are treated in the same way as conventional low interest loans to employees. These changes further facilitate the use of alternative financial products including, for example, those developed to be Shari’a compliant. A consultation exercise will also be conducted to look at a number of issues identified by practitioners which could simplify the current “I minus E” system and remove unnecessary barriers to commercial transactions, especially business transfers.

Stamp Duty Land Tax This measure raises the threshold for stamp duty land tax on residential transactions from £120,000 to £125,000. Tax will now be payable at 1% on transactions exceeding £125,000 but not exceeding £250,000. This change affects transactions for which the “effective date” is on or after 23 March 2006. The “effective date” is normally the date of completion, not the date of exchange of contracts.

More Stamp Duty Land Tax This measure aligns the Stamp Duty Land Tax (“SDLT”) treatment of financing products which preclude the payment of interest (“Islamic Finance”) with the treatment of conventional loan finance arrangements, and extends the previously announced relief for individuals to companies, clubs and trusts. The relief works by allowing later transfers in a chain relief for previously paid SDLT. Each transfer is at a higher value than the previous one, and would normally attract SDLT on the whole amount of the transfer, rather than just the uplift element. Relief will be available from the date of Royal Assent to the Finance Bill.

And Even More … Various changes have been announced. These remove from the scope of SDLT or deemed consideration for SDLT: • Gifts of property where the donee or beneficiary pays part of the capital gains or inheritance tax on the gift. • Payment of landlord’s costs by the tenant on amendments and variations to leases. • Certain aspects of Single Farm Payments assigned by agricultural tenants to landlords. • The SDLT charge where there is the transfer of an interest in a partnership which includes land, but the trade of the partnership is not that of dealing in or developing land. • Certain potential double SDLT charges in relation to partnerships. There is simplification of the rules in relation to rent variations, and in relation to rent reviews for agricultural tenancies. The treatment of backdated leases will also be simplified and clarified, as will the rules on the assignment of leases of less than 7 years.

Unit Trusts & SDLT It was announced that, with effect from today, land transactions entered into involving the transfer of property to the trustees of a unit trust scheme will no longer be eligible for “Seeding Relief”.


Previously relief from SDLT was given where property was transferred to the trustees of a unit trust scheme in consideration for the issue of units. Unit trusts will now be treated for SDLT purposes the same as other collective investment vehicles. This anti-avoidance measure is therefore likely to affect individuals and companies wishing to invest in unit trusts so as to avoid SDLT on the transfer or sale of property. There are however other arrangements which still exist which will allow SDLT to be mitigated in certain circumstances and further details are available from your usual Vantis contact.

Share Options Legislation is to be introduced to ensure that any reward of employment obtained by employees from avoidance schemes using options over shares and securities will be fully subject to tax through PAYE and NIC. Following a statement made by Dawn Primarolo on 2 December 2004 in respect of employment related arrangements, the new legislation will be effective from that earlier date.

October 2006, such income and gains will be taxed at normal corporation tax rates. As a result of consultation a further amending instrument will be laid shortly. Additionally a further measure will make some technical changes to the corporation tax and stamp duty land tax rules that apply where there is transfer of business in connection with a scheme of demutualization.

Changes have been proposed to ensure that unexpected tax effects will not arise for holders of qualifying life assurance policies where there is a variation in the method for calculating the investment return to holders of the policies, for instance from with-profits to non-profit unit-linked. In the past these variations have often been linked with transfers of insurance business from one insurance company to another. The measure will apply to the type of variation described above taking place on or after 7 October 2005. It also applies retrospectively to similar variations that took place under court-approved insurance business transfer schemes.

Charities

HMRC set out in detail today the changes to the taxation of pensions which have been talked about as part of the A-Day rules.

HMRC has announced anti-avoidance provisions aimed at both individuals and companies who, they perceive, misuse charitable reliefs.

Until now, should an individual die before the age of 75 and not have exercised their right to receive pension benefits at that point, under certain circumstances the value of the pension fund could form part of their estate for Inheritance Tax and a 40% charge would potentially apply. HMRC have previously, by concession, not charged IHT where the beneficiary of the pension fund on their death is the individuals spouse, civil partner or financial dependant. This concessionary treatment is to now be incorporated into legislation.

The three areas involved are:

Any funds left over once the spouse, civil partner or financial dependant have been taken care of, will subsequently also be subject to Inheritance Tax as if they formed part of the individual’s estate on death. Where there is an overlap between the income tax charges imposed on pension scheme benefits and the Inheritance Tax charge, the Inheritance Tax charge takes priority.

1. Restricts the dealings that a charity can have with its substantial donors (those giving £25,000 or more in a single 12 month period or £100,000 or more over a 6 year period). HMRC will remove the tax relief from the charity where the restrictions are breached; 2. Creates a £1 for £1 restriction on a charity’s exempt income and gains by reference to the charity’s nocharitable expenditure; and 3. Subjects non-close companies to the same limits on benefits received as a result of a gift to a charity as currently apply for individuals and close companies.

Measures relating to life insurance companies were announced on 29 September 2005. As a result of consultation since then the Budget has proposed changes to the legislation. The measures affect the basis for taxing the income and gains attributable to assets not needed to pay policyholder benefits to ensure that, for accounting periods beginning on or after 1 January 2005 and ending before 1

This article represents our understanding of current law and Inland Revenue practice. Levels, bases of and relief from taxation are those currently applying – and they are subject to change.

• Mass marketed tax products; and • Areas of perceived risk. There will also be further amendments to the existing disclosure regulations which will reduce the time limit for notification of in-house schemes to 30 days from the date of implementation. This burden to disclose will however be removed for individuals and small and medium size enterprises.

Landlord’s Deposits Most Landlords are required to hold service charge funds received from tenants or leaseholders in trust. Income accumulated on those funds is presently taxed at the normal trust rates of 32.5% on dividends and 40% on all other income. From 6th April 2006, where Registered Social Landlords, local authorities, housing associations and charitable housing trusts hold service charges on trust the income will be subject only to the basic rate of tax ie 10% for dividends and 20% for interest income and 22% for all other income.

OTHER CHANGES AFFECTING BUSINESSES Corporation Tax From 1st April 2006 the Corporation Tax starting rate of 0% on profits up to £10000 is abolished. Marginal rates of 32.75% are unchanged and for companies with no associates the starting rate is £300,000

Capital Allowances

The new rules do not apply to transactions that occur after the commencement date where the transaction is already under contract or where the donor has obtained both income tax relief and capital gains tax exemption for their donation.

First year allowances increase to 50% from 1st April 2006 but only for small businesses with a turnover less than £5.6m and less than 50 employees.

The new rules will not apply to a disposal at less than market value by a substantial shareholder to a charity which involves a gift of certain shares or real property.

REIT’s are to commence on 1st January 2007 and can obtain tax exemptions subject to detailed rules. REIT’s must be listed on a recognised stock exchange.

Disclosure of Tax Avoidance Schemes Life Insurance Companies

These hallmarks will be in line with the disclosure regime already in place for VAT and will be derived from the existing “filters” of confidentiality, premium fee and off-market terms. These will fall into three groups targeting the following; • New and innovative schemes;

Life Assurance Policies

Pensions & Inheritance Tax

More interestingly, where funds are allocated to provide a pension for an individual under the new Alternatively Secured Pension rules any left over funds on their death which are not used for the benefit of a spouse, civil partner or financial dependant or paid to charity are subject to Inheritance Tax as if they formed part of the individuals estate on death.

financial arrangements will be revoked to be replaced by a hallmark test.

Further to pronouncements made in the pre-Budget report in December 2005 it was announced today that the disclosure regime in respect of tax avoidance schemes will be extended to include the whole of income tax, corporation tax and capital gains tax. These new provisions will have effect from 1 July 2006. It is intended that the previous disclosure regime which had related to only employment arrangements and certain

Real Estate Investment Trusts

Vantis is the AIM listed business advisory group that specialises in helping business people improve the performance of their businesses. Through 20 locations across the UK, the company offers a range of specialist skills, including business advisory, accountancy, bespoke tax planning, business recovery and advisory services, sports advisory and management services, outsourcing, corporate finance, asset finance and independent financial advice. Working together with our tax experts in the UK, we are able to provide workable solutions for landlords and individual home owners in the UK and abroad.

Jan Rickler - Client Partner VANTIS

Dave Kirkwood - Client Partner VANTIS

3rd Floor Crown House 151 High Road Loughton IG10 4LG

3rd Floor Crown House 151 High Road Loughton IG10 4LG

Email: jan.rickler@vantisplc.com Web: www.vantisplc.com

Email:david.kirkwood@vantisplc.com Web: www.vantisplc.com

If you need further advice please contact Jan Rickler or Dave Kirkwood in our Loughton office on 020 8502 0411.

Previous Vantis articles can be read on-line at www.lawlors.co.uk/publications.asp april 06 inhouse

15


LAWLORS PROPERTY SERVICES

SUNSET AVENUE, WOODFORD GREEN £264,995 Offered to market is this immaculate presented two bedroom apartment. Benefiting from family bathroom, good-sized lounge/diner, kitchen with fitted appliances and balcony with views over the local golf course. The property has recently been fully refurbished.

HIGH ROAD, BUCKHURST HILL £289,995 Offered to market is this well presented three bedroom second floor property. Benefiting from mezzanine level from lounge to second bedroom, dressing area also to second bedroom, balcony, kitchen, family bathroom, allocated parking and communal garden.

HIGH ROAD, BUCKHURST HILL £285,995 Located in the sought after block of Charnwood, Lawlors Property Services are delighted to offer this two bedroom top floor apartment. The property is well maintained and has panoramic views of Woodford and beyond. The property benefits from lounge, fitted kitchen, separate w.c, fully tiled bathroom, garage en block and balcony.

GRENVILLE GARDENS, WOODFORD GREEN £335,000 Offered to the market is this three bedroom semi-detached family residence offering a spacious sitting room/dining room of approximately 28ft, kitchen breakfast room with breakfast area, beautiful mature rear garden with summer house and off street parking allowing parking for two cars.

HARTS GROVE, WOODFORD GREEN £345,000 An immaculately presented three bedroom luxury apartment in the sought after development of The Water Gardens. Property benefits include a spacious lounge with double aspect windows and balcony overlooking woodland, fitted kitchen, three well proportioned bedrooms with en suite to the master bedroom, a garage and off street parking.

SAVILL ROW, WOODFORD GREEN £379,995 A delightful penthouse situated in the ever popular Churchill Lodge. The property benefits from three bedrooms, lounge, kitchen, bathroom, en suite to master bedroom. Also has the added benefit of a terrace which runs around the whole property offering panoramic views.

MORNINGTON ROAD, WOODFORD GREEN £385,000 A well presented four bedroom semi detached town house. The property has been completely re-modernised by the current owners and offers an abundance of fine features including professionally fitted Amtico flooring, extended kitchen and TV room. To fully appreciate the property on offer we would strongly recommend an internal inspection.

WHITEHALL ROAD, WOODFORD GREEN £419,995 A delightful three bedroom semi detached property on Whitehall Road. The property benefits from three double bedrooms, two reception rooms, modern fitted kitchen, summer room and garage. The property offered in immaculate condition and an internal viewing is highly recommended.

Sunday Hotline 10am - 2pm 07736 234422 16

inhouse april 06


WOODFORD OFFICE

specialising in sales and lettings:

457 High Road, Woodford Green, Essex, IG8 0XE t: 020 8506 0828 f: 020 8506 9101 e: property.woodford@lawlors.co.uk

Woodford Green, Sth Woodford, Buckhurst Hill, Nth Chingford and Wanstead

GROSVENOR GARDENS, WOODFORD GREEN £449,995 A beautifully presented extended Three Bedroom Semi Detached Residence which is ideally located for Woodford Central Line. Benefits include: Three bedrooms, extended kitchen/diner, lounge, dining room, study, downstairs cloakroom and off street parking.

GROSVENOR GARDENS, WOODFORD GREEN £420,000 Four bedroom semi detached property situated in the ever-popular cul-de-sac of Grosvenor Gardens, benefiting from: two reception rooms, four/five bedrooms, family bathroom to the first floor and an additional shower room to the second floor, off street parking to the front and garage to the side.

MONTALT ROAD, WOODFORD GREEN £485,000 Four Bedroom Semi Detached residence situated in the ever popular location of Montalt Road with uninterrupted views over Highams Park to the rear of the property. Benefits include four bedrooms, through lounge/diner, integral garage, porch, off street parking, rear garden with a southerly aspect backing onto Highams Park.

SNAKES LANE WEST, WOODFORD GREEN £550,000 A three bedroom detached residence set within close proximity of Woodford Central Line Tube Station with it's links to the city and the west end. Benefits include three bedrooms, open plan style kitchen/diner, family room, sitting room, downstairs cloakroom, off street parking and detached.

THE CHARTER ROAD, WOODFORD GREEN £575,000 Lawlors Property Services are delighted to offer onto the market this immaculately presented Five bedroom Semi Detached residence with stunning views of Epping Forest to the front and rear of the property. Benefits include five bedrooms, two with en suite bathroom, L-shaped lounge/diner, playroom, cloakroom, kitchen/breakfast room, off street parking, stunning views.

MONKHAMS LANE, WOODFORD GREEN £585,000 Offered to market is the immaculately presented three bedroom semi detached family residence. The property benefits from, Lounge, Dinning room, study, downstairs shower room with W/C, off street parking and rear garden. This property needs to be viewed to fully appreciate the standard of accommodation on offer.

BERESFORD DRIVE, WOODFORD GREEN £579,995 A fabulous four bedroom semi detached family residence situated within the desirable location of Beresford Drive on the prestigious Monkhams Estate. The property has integrated garage and has been extended to make an extra bedroom with En-Suite.

MONKHAMS LANE, WOODFORD GREEN £629,995 Offered to the market is this three bedroom detached character cottage which benefits from two spacious reception rooms, kitchen with granite work tops and separate utility room and mature rear garden. The property is steeped with original features and has plans passed for a two storey extension (plans available for viewing in the Woodford Office.

Sunday Hotline 10am - 2pm 07736 234422 april 06 inhouse

17


LAWLORS

WOODFORD OFFICE

PROPERTY SERVICES

t: 020 8506 0828 f: 020 8506 9101 e: property.woodford@lawlors.co.uk

457 High Road, Woodford Green, Essex, IG8 0XE

QUEENS ROAD, BUCKHURST HILL £625,000 A spacious six bedroom semi detached property situated in the ever popular Queens Road, Buckhurst Hill, minutes away from the Central Line. Benefits include six bedrooms, contemporary style open plan living accommodation, en suite to master bedroom, family bathroom, ground floor cloakroom, utility room, garage and off street parking.

BARCLAY OVAL, WOODFORD GREEN £625,000 Set in the heart of Woodford Wells is this stunning five double bedroom semi detached Victorian residence. Benefits include: sitting room, dining room, cloakroom/ W.C, conservatory, kitchen / diner, cellar, en suite to master bedroom, rear garden approximately 80ft, an internal viewing is highly recommended to fully appreciate this beautiful residence.

MONKHAMS LANE, WOODFORD GREEN £699,995 A spacious five bedroom detached residence in the sought after location of The Monkham's Estate. Benefits currently include two reception rooms plus a conservatory, spacious kitchen/breakfast room with separate utility room, mature rear garden, off street parking and integral single garage.

OVERTON DRIVE, WANSTEAD £749,995 Rarely available a seven bedroom property situated opposite Wanstead Golf course, it gives great pleasure to present this detached three reception home which boasts three En-Suite's an exceptionally large kitchen/breakfast room, separate utility room and play room/office at the rear of the 60ft garden.

THE DELL, WOODFORD GREEN £749,995 A delightful four bedroom detached family residence situated in this ever popular residential turning of The Dell. The property offers three reception rooms, kitchen, there are four bedrooms to the first floor one with En-Suite and a family bathroom There is also a 65ft rear garden and a paved in and out driveway.

BERESFORD DRIVE, WOODFORD GREEN £775,000 Offered for sale is this fabulous five bedroom detached residence situated within the desirable location of Beresford Drive on the prestigious Monkhams Estate. The Property benefits include: fitted kitchen, lounge, dining room, cloakroom, master bedroom with en-suite, four further bedrooms, family bathroom, integral garage and off street parking.

TUDOR CLOSE, WOODFORD GREEN £870,000 A splendid five bedroom detached executive residence which has undergone considerable redevelopment and offers three reception rooms, large kitchen diner, five bedrooms, two of which offer en suite shower facilities. As you would expect from a property of this nature the internal fixtures and fittings are of the highest standard.

MONKHAMS AVENUE, WOODFORD GREEN OIEO £1,000,000 A stunning four bedroom detached family residence which has been thoughtfully and lovingly maintained by the current owners with no expense spared to create this delightful family residence. Internally the property offers five reception rooms, fitted kitchen, utility room, two en suite facilities, a 160 ft professionally landscaped rear garden, off street parking and attached garage.

Sunday Hotline 10am - 2pm 07736 234422 18

inhouse april 06


Warren Hall Elite Home

grace

&

style

As featured on TV Duplex Penthouse Warren Hall Loughton, Share of Freehold A stunning three bedroom duplex apartment situated within this exclusive gated development. This prestigious property (featured on TV and other publications such as The Sunday Times and Elle Decoration), has been transformed to the exacting standards of the current owners to create a marriage of contrasting styles from the traditional exterior to the stunning contempary interior. The property is unique in every detail, with bespoke fixtures providing clean lines yet with clever functionality for everyday living. The property is ideally located for the Central Line transport link to the City (25 mins) and the shopping facilities of trendy Queens Road in Buckhurst Hill, yet is set in 8 acres of tranquil landscaped grounds with unobstructed views overlooking Epping Forest and also has the benefit of a communal outdoor heated swimming pool.

ÂŁ735,000 Please contact our Loughton office on 020 8502 5588.

april 06 inhouse

21


First Floor, 165 High Road, Loughton, Essex, IG10 4LF t: 020 8502 5588 f: 020 8418 7814 e: lettings@lawlors.co.uk

LATEST

LETTINGS Garden Way, Loughton DRYSDALE AVENUE, CHINGFORD • Two Bedrooms • Bungalow • Refurbished • Garden • Fitted Kitchen • Available Now Woodford 020 8506 0828

£900 pcm

MANOR ROAD, CHIGWELL £2000 pcm • Three Bedrooms • Detached House • Backs on to Chigwell GC • Stunning Views • Refurbished • Available Now Chigwell 020 8281 0123

• Four Bedroom Detached House • New Carpets Throughout • Viewing Recommended Loughton 020 8502 5588

£2100 pcm

Long Green, Chigwell • Five Bedroom Detached House • Three Bathrooms • Close to Underground Chigwell 020 8502 5588

£1800 pcm

St Anthonys Avenue, Woodford • Three/Four Bedroom House • Close to Station • Garden Woodford 020 8506 0828

HIGH ROAD, LOUGHTON £3500 pcm • Five Bedrooms • Detached House • Bar/Games Room • Traditional Victorian Styling • Redecorated • Viewing Recommended Loughton 020 8502 5588

FALLOWFIELD, LOUGHTON £1400 pcm • Three Bedrooms • End of Terrace House • Redecorated Throughout • En-suite to Master Bedroom • Prestigious Location • Available Now Loughton 020 8502 5588

£1150 pcm

Pyrles Green, Loughton • Two Bedroom Terraced House • Excellent Condition Throughout • Garden

£825 pcm

Loughton 020 8502 5588

Bradfield House, Repton Park • Stunning Two Bedroom Apartment • Spacious Throughout • Furnished or Unfurnished Chigwell 020 8281 0123

£1450 pcm

Batholemew House, Repton Park STATION ROAD, LOUGHTON £1000 pcm • Two Bedrooms • 2nd Floor New Build Apartment • Fully Fitted Kitchen • En-Suite to Master Bedroom • Balcony • Close To Station Loughton 020 8502 5588

HIGH ROAD, CHIGWELL £1300 pcm • Three Bedrooms • Semi Detached Cottage • Close to Transport Links • Rural Setting • Unfurnished • Available Now Chigwell 020 8281 0123

• Two Bedroom Furnished Apartment • Outstanding Condition Throughout • Available Now Chigwell 020 8281 0123

£1500 pcm

Oak Hill Road, Stapleford Abbots • Four Bedroom Detached Bungalow • Excellent Decorative Order • Heated Swimming Pool Loughton 020 8502 5588

£1700 pcm

Rowland Crescent, Chigwell • Three Bedroom Semi Detached House • Detached Garage • Close to Station Chigwell 020 8281 0123

HIGH ROAD, LOUGHTON £500 pcm • Studio Apartment • Three to Choose From • Close to Station • Close to Shops • Panoramic Views • Available Now Loughton 020 8502 5588

AURORA COURT, WOODFORD GREEN £1300 pcm • Two Bedrooms Apartment • Spacious • Balcony • Sought After Location • En-suite to Master Bedroom • Underground Parking Woodford 020 8506 0828

Sunday Hotline 10am - 2pm 07736 234422 22

inhouse april 06

£1200 pcm


First Floor, 165 High Road, Loughton, Essex, IG10 4LF t: 020 8502 5588 f: 020 8418 7814 e: lettings@lawlors.co.uk

LANDLORDS WE URGENTLY NEED YOUR PROPERTY FOR WAITING TENANTS

Manor Road, Chigwell • • • •

Boleyn Court, Buckhurst Hill • • • •

£P.O.A

Five Bedroom Detached House Enriched with character Spacious throughout Stunning landscaped gardens

Three Bedroom First Floor Apartment Redecorated Newly Fitted Kitchen Two Balconies

Manor Road, Chigwell • • • •

£1295 pcm

The Chase, Loughton • • • •

£P.O.A

Outstanding Six Detached Residence Snooker/Bar Room One Bedroom Self Contained Annexe Viewing Strongly Recommended

Sutherland House, Chigwell • • • •

£1550 pcm

Three Bedroom End of Terrace House Excellent Decorative Order Furnished or Unfurnished Viewing Recommended

Forest View, Chingford • • • •

Two Bedroom Third Floor Apartment Stunning Golf Course Views Unfurnished Available

SEE PAGE 22 FOR FURTHER PROPERTIES

LAWLORS LETTINGS: 020 8502 5588 WHERE BETTER HOMES ARE FOUND

£1200 pcm

One Bedroom Second Floor Apartment En-suite to Master Bedroom Excellent Condition Furnished

£950 pcm

Inhouse April 2006 Edition  

Lawlors Property Services magazine for properties with a value up to £1,000,000. Featuring properties in Chigwell, Loughton, Buckhurst Hill,...

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