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Park Lane, Laughton

South East

£650,000
Listed on 29/07/2023

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2099 sqft

Description

This charming four-bedroom semi-detached cottage, nestled in the scenic village of Laughton, offers a unique opportunity for those looking to invest in a property with potential. Set on an expansive plot that includes a woodland area, the home boasts lovely views of the surrounding countryside. With over 2000 square feet of internal space, the layout is adaptable, allowing for various uses for several rooms. The ground floor features a spacious lounge/diner that spans the width of the cottage and opens out to the garden via French doors—perfect for entertaining guests. A covered porch leads into a welcoming hallway, with a family room centrally located and a kitchen/breakfast room off to one side. There is also convenient access to the garden from a rear lobby complete with WC. Upstairs, you'll find a bright landing area and four sizable bedrooms—including a main suite with an en-suite toilet—alongside a family bathroom. While some updating is needed, this property presents an appealing opportunity for buyers keen to add their personal touch and increase value over time. The impressive gardens wrap around both sides and behind the house, further enhancing its charm in this peaceful rural setting.

Investment Analysis

(BN8 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£310/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£438
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£980,243
10% above area average per sq ft
Potential ROI
+40.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BN8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -1.6%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on BN8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Park Lane, Laughton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE