2 bed Flat For Sale £240,000
Location information
Harlow is a town in Essex, England, located about 30 miles northwest of London.
Overall, the housing market in Harlow has been performing well in recent years. According to data from the Office for National Statistics, the average sale price for a home in Harlow was £327,382 in 2021, which represents an increase of 4.7% over the previous year.
There are several reasons why someone might consider investing in property in Harlow, Essex, England. Here are a few potential benefits of investing in the Harlow housing market:
* Affordability: Property prices in Harlow are generally lower than in London and other nearby areas, making it an affordable option for investors.
* Proximity to London: Harlow is located about 30 miles northwest of London, making it an attractive option for people who want to live in a more affordable area while still being able to easily access the city.
* Strong rental demand: There is a strong demand for rental properties in Harlow, especially from commuters who work in London but want to live in a more affordable area. This can make it easier for investors to find tenants for their properties.
* Infrastructure improvements: The Harlow and Gilston Garden Town development, which is set to bring thousands of new homes and amenities to the area, is expected to drive economic growth and increase demand for housing in the region.
* Potential for capital appreciation: As with any investment, there is always the potential for capital appreciation, or an increase in the value of the property over time. Factors such as economic growth, population growth, and demand for housing can all contribute to increases in property values.
Local schools
Primary:
* St Mary's Catholic Primary School
* Hallingbury School
* Passmores Academy
* Green Primary School
* Stow Primary School
Secondary:
* Passmores Academy
* St. Mark's West Essex Catholic School
* The King's School
* Hare Street College
* Norman Street School
Local amenities
* Shopping: The Harvey Centre, Harlow Town Park
* Leisure and recreation: Harlow Leisurezone, Harlow Museum, Harlow Sculpture Town
* Healthcare: Princess Alexandra Hospital
* Transportation: Harlow Town railway station
* Places of worship: St Mary's Church, Harlow Central Mosque
Purchase Information
- Asking price: £240,000.00
- Current rental: £855.00pcm
- Potential market rental return: £1,000.00pcm
- Current yield: 4.2%
- Potential yield: 5.0%
- Peppercorn Lease.
- 937 years left on the lease.
- Ground rent: £0.00 per annum
- Service charge: £1,200.00 per annum
Harlow is a town in Essex, England, located about 30 miles northwest of London.
Overall, the housing market in Harlow has been performing well in recent years. According to data from the Office for National Statistics, the average sale price for a home in Harlow was £327,382 in 2021, which represents an increase of 4.7% over the previous year.
There are several reasons why someone might consider investing in property in Harlow, Essex, England. Here are a few potential benefits of investing in the Harlow housing market:
* Affordability: Property prices in Harlow are generally lower than in London and other nearby areas, making it an affordable option for investors.
* Proximity to London: Harlow is located about 30 miles northwest of London, making it an attractive option for people who want to live in a more affordable area while still being able to easily access the city.
* Strong rental demand: There is a strong demand for rental properties in Harlow, especially from commuters who work in London but want to live in a more affordable area. This can make it easier for investors to find tenants for their properties.
* Infrastructure improvements: The Harlow and Gilston Garden Town development, which is set to bring thousands of new homes and amenities to the area, is expected to drive economic growth and increase demand for housing in the region.
* Potential for capital appreciation: As with any investment, there is always the potential for capital appreciation, or an increase in the value of the property over time. Factors such as economic growth, population growth, and demand for housing can all contribute to increases in property values.
Local schools
Primary:
* St Mary's Catholic Primary School
* Hallingbury School
* Passmores Academy
* Green Primary School
* Stow Primary School
Secondary:
* Passmores Academy
* St. Mark's West Essex Catholic School
* The King's School
* Hare Street College
* Norman Street School
Local amenities
* Shopping: The Harvey Centre, Harlow Town Park
* Leisure and recreation: Harlow Leisurezone, Harlow Museum, Harlow Sculpture Town
* Healthcare: Princess Alexandra Hospital
* Transportation: Harlow Town railway station
* Places of worship: St Mary's Church, Harlow Central Mosque
Purchase Information
- Asking price: £240,000.00
- Current rental: £855.00pcm
- Potential market rental return: £1,000.00pcm
- Current yield: 4.2%
- Potential yield: 5.0%
- Peppercorn Lease.
- 937 years left on the lease.
- Ground rent: £0.00 per annum
- Service charge: £1,200.00 per annum
