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Park Lane, Laughton

South East

£650,000
Listed on 26/04/2024

Property Details

Bedrooms
4
Type
Semi Detached
Area
2099 sqft

Description

Nestled in the charming village of Laughton, this four-bedroom semi-detached cottage offers a unique opportunity for renovation enthusiasts or investors. With an impressive internal space exceeding 2000 square feet, the property boasts a large lounge/diner perfect for entertaining, which features French doors leading to a generous garden and views over adjacent fields. The layout provides flexibility with a front porch, central family room, and a kitchen/breakfast area that can be reimagined to suit modern living. The upstairs presents four spacious bedrooms, including a main bedroom with its own toilet, accompanied by a family bathroom. Although the home is currently in need of updating, this presents an excellent chance for buyers to personalize their living space while simultaneously enhancing its value. Notably, the extensive outdoor area includes beautiful woodland and expansive gardens that wrap around the property—ideal for those looking to blend country living with personal flair. An agricultural tie applies to the property, allowing potential buyers to explore its unique characteristics further.

Investment Analysis

(BN8 area)

Below Market Value

This property is priced -27.5% below area average per sq ft

-27.5%
Potential saving
This Property
£310/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£429
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£986,362
10% above area average per sq ft
Potential ROI
+31.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BN8)

Area prices are falling by -7.4% over the last 12 months
3 year growth: -7.2%
5 year growth: +2.7%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-18.8% since listed
£650,000£50,000(-7.1%)
29/07/2023
Current price
£700,000£100,000(-12.5%)
17/06/2023
£800,000Initial listing
02/03/2023

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