Inhouse Sept/Oct 2005 Edition

produced by Lawlors Property Services

02 inhouse september/october 05

£1,375,000m

Please contactour Chigwelloffice on 020 8281 0123.

Rooms with a view“Twenty five years of glorious family living” is howDr and Mrs Singh describe the time at their home onHainault Road Chigwell. “The highpoint locationoffering stunning, panoramic views of London andthe Essex countryside have been a joy for us everyday, no matter the time of year”. They go on to say:“We are aware of the unique location our homeoffers bringing a distinct tranquillity to our every daylife, which we are sure is why the original architectdesigned the house as it is.”

Though originally a five bedroom house the currentvendors use the house as four bedrooms. A rareopportunity to acquire such a property boasting 5reception rooms, carriage driveway and 69ftfrontage. The beautifully maintained 144ft reargarden with summerhouse and pond to rear, reachesthe boundaries of Chigwell Golf Course.

The property also lends itself well, if required, toextending, subject to usual planning consents.

produced by: Lawlors Property Services

inhouse

A spirited recovery for house prices.

Since our last publication much has happened to affect the propertymarket in our area. We have seen a drop in interest rates with thebase rate now pegged at 4.5%, which is excellent news for first timebuyers in particular and of course all regular borrowers. Prices haveover the last few months dropped to a level where it is easier to spotgood value and of course the right property still sells quickly.

It may be too early to properly assess the impact of hosting theOlympic Games in 2012 but there is no doubt that the hugeinvestment in the East End of London must have an impact on ourown area. This is simply because of our proximity to the investmentand the fact that a huge amount of employment will be generated.We believe that this will create a unique set of conditions which willgreatly influence the values in this area. The euphoria of winning isalready affecting prices from Stratford to Leytonstone and it is ourbelief that it will soon spread along the central line locations in aripple effect.

Although August is normally the prime holiday season our levels ofviewing have been higher than anticipated and the top end of themarket has been quite active. Demand for luxury houses stillcontinues although brand new home and substantial plots capableof being developed upon are still the most sought after prize in thearea.

It all bodes well for September and the Autumn as we predict thatby the end of 2005 much of the fall in prices seen for the first half ofthe year will witness a spirited recovery as we head towardsChristmas.

The message is clear: this is a very good time to make a purchase.

newsLawlors Property Services

PROPERTY SERVICES

Dear Home Owners,

Welcome to our latest edition of inhouse, which is

distributed to approximately 20,000 local homes. Since

our last extremely successful edition, we have been

encouraged by the response, and strive to ensure we bring

to you the very best of local property.

In this edition, we have expert financial advice from Vantis

PLC, a wide range of apartments from our guest

developers, Knight Developments, St James Homes and

PJ Livesey, together with our regular features on Repton

Park and a selection of properties from our offices at

Chigwell, Loughton and Woodford Green.

As the market is steadily improving, all our offices are

ready to receive your instruction to sell. Enjoy your read!

James Lawlor F.N.A.E.A.

PARTNER

James LawlorSandra Lawlor

professionalcontributorsIf you have a property related business

and wish to join our team of expertcontributors, bringing genuine advice andopinion to our inhouse public, then contactJames Lawlor on 020 8502 5588, or byemail at [email protected].

LAWLORS


Gravel Lane

The word ‘character’ is often top of manybuyers’ lists of requirements, yet it isincreasingly difficult to find a home that fits

this description. The Shaws, is a perfect exampleof a beautiful character home which has justrecently appeared on the market. This type ofproperty is rarely available because owners tendnot to move that often and certainly The Shawshas the perfect balance between contemporaryliving and traditional country houseaccommodation.

With a history dating back to 1700s, the propertyeasily qualifies as a character home, but formodern living the current owners havepainstakingly restored the property to pristinecondition and this provides a wonderfulcompromise between the old and the new. Thecurrent family have enjoyed living in the propertysince 1991 and now feel ready for a change havinghad the benefit of sumptuous accommodation andapproximately three acres of grounds withunrestricted views over open countryside. Theproperty also benefits from a state-of-the-artgarage block with multi-car facility and a beautifulfull-size tennis court. A true family home full ofcharacter.

£P.O.A.


steppingback in

time...


Exclusive Department

t: 020 8281 0123

Located on the ever popular Oakwood Gate is this FourBedroom Detached home offering good sized accommodationand, in our opinion, has been well maintained by the currentowners. Lounge, dining room, cloakroom/WC, kitchen,master bedroom with en-suite shower room, family bathroom,single garage & off-street parking.

MARTHAM CLOSE £439,995

Grade II Listed, Three Bedroom Detached Property located upon theRepton Park Development, having been painstakingly restored and lovinglymaintained the property boasts an abundance of character features coupledwith all the benefits of modern-day living. Property benefits include: Diningroom, lounge, cloakroom/WC, kitchen, utility room, breakfast room,conservatory, master bedroom with En-suite shower room, two furtherbedrooms, family bathroom, double detached garage, mature gardens.

NORTH LODGE £695,000

This stunning Three Bedroom Mews Apartment is set over two floors with awealth of character from the Victorian era, with steep gables and gothic turrets,sash windows, high ceilings with ornate cornicing and beautiful views over acresof unobtrusive grounds. This is a very rare property with qualities, even onRepton Park, difficult to find. Hosting two en suite bathrooms, spaciousbedrooms with beautiful views and boasting: cloakroom/WC, lounge,kitchen/breakfast room, master bedroom with en suite, bedroom two with ensuite, allocated parking and both private & communal grounds.

CADOGAN HOUSE £570,000

Two Bedroom, Second Floor Apartment set within the highlydesirable Repton Park. The property benefits from highceilings, sash windows with beautiful views over communalgardens. Property benefits include: Master bedroom with En-suite shower room, kitchen, bedroom two, family bathroom,lounge/diner, two allocated parking spaces.

DEVONSHIRE HOUSE £349,995

Four Bedroom Family Villa situated in Rosebury Square,Repton Park, occupying a corner position. Kitchen/breakfastroom, utility room, cloakroom/WC, lounge, familybathroom, master bedroom with en-suite bathroom, secondbedroom with en-suite shower room, single garage, off-streetparking & landscaped rear garden.

ROSEBURY SQUARE £649,995

Two Bedroom, first f loor apartment including:security entryphone, lounge, family bathroom,kitchen/breakfast, master bedroom with en-suiteshower room, allocated parking & communalgrounds.

WENTWORTH HOUSE £315,000

"Tower style design" offering beautiful high ceilings and a circular sittingroom with domed ceiling and concealed lighting. Spiral staircase leadingto all floors with further "Monks Staircase" being a stone spiral staircaseand brick walls which date back to its earlier days. Kitchen,cloakroom/WC, sitting room, dining room, master bedroom with en-suite bathroom, family bathroom, two family shower rooms, cinemaroom, rear garden & double garage.

GAINSBOROUGH HOUSE £875,000

Stunning One Bedroom Apartment in the sought after WentworthHouse within Repton Park. Property benefits include a hallway ofapproximately 31' and solid wood f looring throughout.Wentworth House has it's own private security gate in addition tothe 24 hour concierge service at the main entrance to Repton Park.Entrance hallway, lounge, kitchen, bathroom and allocated parking.

WENTWORTH HOUSE £259,995

Four bedroom family home situated on the ever popularRosebury Square in Repton Park. This property is arrangedover three floors with four good size bedrooms and has thebenefit of two en-suites. Cloakroom/WC, kitchen/breakfast,utility room, lounge, family bathroom, single garage, masterbedroom and en-suite & bedroom two with en-suite.

ROSEBURY SQUARE £595,000

Repton Park

CHIGWELL OFFICE116 High Road, Chigwell, Essex, IG7 5BJ

t: 020 8281 0123 f: 020 8281 0222e: [email protected]

www.lawlors.co.uk


Residential Homes

t: 020 8281 0123

LAWLORSPROPERTY SERVICES

TTOOMMSSWWOOOODD RROOAADD,, CCHHIIGGWWEELLLL ££11..44MMUnique Six/Seven Bedroom Detached family home arranged over threef loors and has undergone an extensive rebuilding & refurbishmentprogramme. Now boasting superior accommodation, viewing is highlyrecommended to avoid disappointment. Three reception rooms,kitchen/breakfast, utility room, garage, cloakroom/WC, family bathroom,three en-suites, bedroom/cinema room, additional bathroom, approx 100ftRear Garden & Off-Street Parking for various vehicles & carriage driveway.

VVIICCAARRAAGGEE LLAANNEE,, CCHHIIGGWWEELLLL ££333344,,999955Three Bedroom extended Semi-Detached period cottage offering good sizedaccommodation and character throughout. The property boasts brick block paved off-street parking to the front, a contemporary reception room with picturesque viewsover Essex countryside and dining area with double doors leading to a courtyardlandscaped garden. In our opinion, the property is offered in excellent conditionthroughout and must be viewed to be fully appreciated. Lounge, kitchen, dining room,family bathroom, off street parking & picturesque views over Essex countryside.

GGRRAAVVEELL CCLLOOSSEE,, CCHHIIGGWWEELLLL ££337744,,999955Three Bedroom Semi-Detached house situated in Gravel Closehaving been well-maintained by the previous owners and hasspectacular views over grassland to rear. We highly recommend aviewing to fully appreciate the level of accommodation on offer.Lounge, kitchen/breakfast room, lobby area, cloakroom/WC,shower room, family bathroom, single garage & off-street parking.

GGRREEEENN LLAANNEE,, CCHHIIGGWWEELLLL ££667755,,000000With un-interrupted views from virtually every angle lies this FourBedroom Semi-Detached home just off Vicarage Lane, Chigwell.From all bedroom and bathroom windows you are able to see rightacross open playing fields and the Essex countryside. Entrance withlobby area, lounge, TV/family room, kitchen/diner, masterbedroom with en-suite bath & family bathroom.

PPAARRKKLLAANNDDSS,, CCHHIIGGWWEELLLL ££992255,,000000Located on the popular Courtlands Estate, Chigwell is this Five BedroomDetached family property on Parklands. This individual home offers manyfine features including loft conversion, off-street parking for numerousvehicles and integral garaging. This property also has the added benefit ofbeing offered for sale CHAIN FREE. Lounge, dining room, receptionthree/study, kitchen, utility room, master bedroom with en-suite, familybathroom & further study/storage.

CCOOUURRTTLLAANNDD DDRRIIVVEE,,CCHHIIGGWWEELLLL ££11..11MMLocated on the prestigiousCourtland's Estate is thisbeautifully presented FiveBedroom family residenceretaining much of its originalcharacter and features and isarranged over three floors offering:lounge, dining room, sun lounge,study, kitchen/breakfast room,cloakroom/WC, master bedroomwith en-suite bathroom, familybathroom, two separate WCs, reargarden & double garage.

MMOONNTTPPEELLLLIIEERR HHOOUUSSEE,,CCHHIIGGWWEELLLL ££442255,,000000Desirable modern-day DUPLEX TwoBedroom Apartment, situated in oneof Chigwell's most prestigious roads.This apartment has been individuallydesigned with a centralisedentertainment system and airconditioning cooling system for anextra level of comfort. The elegantsurrounds are combined withbeautifully landscaped gardens andviews from all windows of ChigwellGolf Course and finished withbasement garaging for that extrasecurity. Lounge/Diner, kitchen,dining room, additional bathroom,master bedroom with en-suitebathroom, underground garagingwith two spaces, communal grounds& video entryphone.

HHAAIINNAAUULLTT RROOAADD,, CCHHIIGGWWEELLLL ££PPOOAADetached seven bedroom family residence backing Chigwell Golf Course.Boasting: lounge, dining room, TV room, kitchen/breakfast room, utilityroom, reception/sitting room, cloakroom/WC, master bedroom suitewith dressing room & en suite bathroom, bedroom two with en suitebathroom, bedroom three with en suite, family bathroom, games room,bedroom seven with en suite, garaging & carriage driveway.

september/october 05 inhouse 09

Loughton, Chigwell and Woodford

www.lawlors.co.uk

CHIGWELL OFFICE116 High Road, Chigwell, Essex, IG7 5BJ


Our offices are closed on Sundays but to arrange viewings,you can call the following number: 07736 234422 between 10am-2pm

all properties featured areexclusive to Lawlors

GGWWYYNNNNEE PPAARRKK AAVVEENNUUEE,,WWOOOODDFFOORRDD BBRRIIDDGGEE ££444499,,999955Four Bedroom Detached family home whichLawlors Property Services are delighted to offer tothe market as the vendors' favoured agents.Cloakroom/WC, lounge, dining room, kitchen,master bedroom, family bathroom & single garageen-bloc.

TTHHEE FFRRIIAARRSS,, CCHHIIGGWWEELLLL ££335544,,999955Four Bedroom Semi-Detached House in acul-de-sac location situated just off ManorRoad offered CHAIN FREE and immediateviewing is highly recommended to fullyappreciate the potential on offer.Cloakroom/WC, lounge/diner, kitchen,conservatory, bedroom three with en-suitebathroom, family bathroom, single garage.

PPAARRKK GGRRAANNGGEE,, CCHHIIGGWWEELLLL 33334400,,000000Recently built two bedroom, ground floor apartmentideally located for Grange Hill shopping parade andCentral Line tube station. This individually craftedapartment has a fully fitted bedroom with en suitefacilities and fully fitted kitchen. There is a delightfulbalcony to the rear of the property overlooking thecommunal gardens and there is also en-bloc garaging.Entryphone system, lounge, kitchen, master bedroomwith en suite shower room, family bathroom, garageen-bloc, off street parking & communal gardens.

TTHHEE BBOOWWLLSS,, CCHHIIGGWWEELLLL ££332299,,999955Three bedroom, third floor apartment, situated withinThe Bowls, a development of apartments well-knownfor their generous accommodation size. Thisparticular apartment also affords views towards theCity of London and beyond, as well as rollingcountryside to the front and further benefits from aprivate balcony & offered on a chain-free basis,benefitting: dining room, lounge, kitchen, innerhallway, separate WC, family bathroom, private singlegarage & communal grounds.

GGRRAANNGGEE CCRREESSCCEENNTT,, CCHHIIGGWWEELLLL££445555,,000000

Three bedroom semi-detached property situatedon one of Chigwell's most popular turnings. Theproperty boasts many fine features including oakpanelling to walls, exposed beams to ceilings, lounge,dining room, kitchen/breakfast room, utility room,conservatory, cloakroom/WC, study, landscapedrear garden & off-street parking. NB: NO CHAIN.

HHAAIINNAAUULLTT RROOAADD,, CCHHIIGGWWEELLLL ££11,,667755MMSix Bedroom Detached Property situated on one ofChigwell's most premier locations. Twocloakrooms/WCs, study, lounge, dining room, TVroom, kitchen, utility room, breakfast room, galleriedlanding, bedroom six with en-suite, bedroom five withen-suite, bedroom four with en-suite, master bedroomwith en-suite dressing room and en-suite, second floorlanding, bedroom three, bedroom two, familybathroom, double garage, gated sweeping driveway,heated swimming pool & landscaped rear garden.

CCAANNTTEERRBBUURRYY CCLLOOSSEE,, CCHHIIGGWWEELLLL££669955,,000000

Five Bedroom Detached family home situated in acul-de-sac location off Manor Road, Chigwell.Lounge, conservatory, kitchen/breakfast room,utility room, dining room, study, cloakroom/WC,master bedroom suite with dressing room & en-suite bathroom, bedroom two with en-suite showerroom, integral garaging, landscaped rear garden & offstreet parking.

MMAANNOORR RROOAADD,, CCHHIIGGWWEELLLL ££11,,669999,,999955FIVE BEDROOM DETACHED GEORGIAN-STYLE family residence beautifully positioned onone of Chigwell's most prestigious locations - ManorRoad. Lounge, dining/entertaining room,kitchen/breakfast room, utility room, TV/familyroom, study, cloakroom/WC, master bedroomwith en-suite bathroom, bedroom two with en-suite shower room, family bathroom, rear garden inexcess of 180ft, swimming pool, secure electronicgated drive & double width garage.

TTUUDDOORR CCLLOOSSEE,, CCHHIIGGWWEELLLL ££779999,,999955Five Bedroom Detached family residence situated ina cul-de-sac in Tudor Close. Lounge/dinerTV/family room, kitchen/breakfast room,cloakroom/WC, study/office, shower room &family bathroom.

BBRRAACCKKEENN DDRRIIVVEE,, CCHHIIGGWWEELLLL ££772255,,000000Four bedroom detached chalet-bungalow situated inBracken Drive which lies just off Stradbroke Drive,Chigwell. This generous home has a 28'3 x 15'11lounge and must be viewed to fully appreciate theaccommodation on offer. Lounge, dining room,sitting room, kitchen/breakfast room, masterbedroom with en suite shower room, familybathroom, second bathroom, single garage, carriagedriveway & off street parking.

RROOLLLLSS PPAARRKK,, CCHHIIGGWWEELLLL VVIILLLLAAGGEE,,££772255,,000000

A most imaginatively renovated Four BedroomDetached Victorian Lodge, set in large gardens adjacentand backing onto open countryside. The propertyoffers a wealth of genuine Oak beams and timberedfloors. A brick built summerhouse/studio with openhearth is featured at the end of the 140ft landscapedgarden. Sitting room, dining room/reception, kitchen,conservatory, master bedroom with en-suite bathroom,loft room/study, family bathroom and studio.

TTHHEE BBAARRNNSS,, AABBRRIIDDGGEE ££662255,,000000Located within the picturesque AbridgeVillage is this unique Three/Four BedroomBarn-style property. Set over two floors theaccommodation comprises Kitchen/breakfast, lounge, cloakroom/ WC,bedroom four/study with en-suitebathroom & double car port.

Feature - Property


This is the second article in a series of two.This article looks at income tax and VAT andthe impact they have on investment property.

INCOME TAX AND INVESTMENT PROPERTY» The Basic Idea

If you receive rental income from a property you own, that income is taxable but subject

to certain deductions discussed below. Landlords must submit annual tax returns and

comply with all the other requirements of the Self Assessment system.

» Allowable Deductions

Where an expense is incurred wholly and exclusively in order to generate rental income,

that expense may be deducted from the rent received to arrive at the final taxable

income. Needless to say, the rules dictating whether a particular expense is allowable are

complex, but here are a few typical allowable deductions:

• Mortgage interest is often the most important deduction but great care should

be taken in timing and documenting the loan to ensure that its purpose is clearly

to purchase or refinance the let property. Deductions may apply to other forms

of borrowing.

• Professional fees - Examples are accountancy, legal and letting agents' fees.

Some professional fees are not allowable, so advice should be sought. Remember

to include the VAT.

• Repairs and renewals - Her Majesty’s Revenue and Customs (HMRC) will often

seek to deny tax relief on the grounds that work carried out is in the nature of

improvement rather than repair. Ideally, advice should be sought before works

start.

• Furnished property - If the property is furnished, a deduction can be claimed for

the cost of replacement furnishings. However, it is usually best to take advantage

of the annual wear and tear allowance, representing 10% of rents received.

• Offsetting losses - If a loss is incurred in one year, it can be carried forward and

used against profits of a later year. Owners of several let properties can offset the

loss on one property against the profit on another.

» Mortgage Interest

HMRC now treats property investment as a letting business. Whilst this does not mean

that Capital Gains Tax Business Taper Relief is available on a sale, it does make it possible

to maximise interest relief for income tax. Consequently, it is now possible to release

personal equity used to purchase the investment property.

Suppose an investment property was purchased for £100,000 five years ago with a

deposit of £30,000 and a buy to let mortgage of £70,000. It is now possible to re-

mortgage for the original £100,000 and still get all interest allowed for tax, even if the

additional loan of £30,000 is used personally, say to reduce a mortgage on a private

residence which doesn’t attract tax relief.

Or, suppose the same property was a private residence for years before it was let out in

the spring of 2004, by which time its value had increased to £180,000. When the letting

business started the landlord could re-mortgage up to this amount and still get full tax

relief on the whole amount of interest payable.

The equity released can be used for absolutely anything. If a landlord used these funds to

reduce a mortgage for a new private residence, there are potentially significant tax

savings.

» Repairs and Renewals – treading carefully

For years HMRC argued that a repair with an element of improvement, like replacing

rotten single glazed windows with double-glazed units, was not eligible for income tax

relief but was an improvement only allowable against capital gains tax when the property

was sold.

Fortunately HMRC is seeing sense and is willing to accept a replacement, using modern

materials and modern building standards, as a repair and allowable for income tax.

Landlords have to tread carefully though as a replacement roof incorporating a loft

conversion will not be acceptable.

So if, say, a kitchen needs replacing make sure the new kitchen is of a similar standard to

the old one - taking account of modern designs and technological improvements - and

the cost does not look unreasonable.

» Rent-a-Room Relief

Where an individual rents out a room in his own home to a lodger, then he can make a

claim to deduct the Rent-a-Room allowance of £4,250 instead of deducting the various

INCOME TAX, VAT & PROPERTY -IMPORTANT PLANNING POINTS

expenses incurred. The allowance attaches to the property

not to the owner, so a couple letting a room in their house

can only claim £2,125 each. It is important to appreciate

that the relief will not apply where the let area amounts

to a dwelling that is separate to the home.

» Married Couples

Married couples should ensure that the income from the

property is allocated in such a way as to minimise the

overall tax bill, utilising all allowances and basic rate

bands. The allocation of income must match the

percentage ownership. If a better split is required, married

couples can transfer assets to each other without

incurring capital gains tax, but care should be taken in the

way this done so as not to provoke a challenge from

HMRC. Unfortunately unmarried joint owners cannot

make tax-free transfers, so they should be sure to address

this issue at the time the property is acquired.

» Non-Residents

A non-UK resident individual who lets a property in the

UK is, in the first instance, required to have basic rate tax

deducted from the rents he receives. Although this tax will

eventually be credited to him, it can often represent an

unwelcome dent to cash flow. Fortunately, an application

can be made to be exempted from this requirement,

although certain tests must be met.

» Holiday Lets

Special income tax reliefs apply to investment properties

let out for short periods of time to a series of tenants. The

rules are very complex and tailored advice should be

sought by those hoping to benefit from these enhanced

reliefs.

VALUE ADDED TAX ANDPROPERTY» Property Development

Someone who buys a plot of land and has a residential

property built on it to sell, is required to VAT register as

long as they intend to sell either the freehold or a lease in

excess of 21 years - since in either case that sale will be

subject to VAT at 0%.

As the sale is subject to VAT at 0% you are entitled to

recover any VAT incurred in making that sale, although

there are some small exceptions to that rule.

This seems fine – but say prices drop and the property

doesn’t reach the asking price. Some owners would be

tempted to rent the property out until the market picked

up.

The problem with this is that the first use of the property

is not to sell but to rent out. Renting residential property

has a different VAT treatment - instead of being zero rated

it becomes exempt from VAT.

Normal VAT rules state that all the VAT claimed should be

paid back to HMRC and some VAT Inspectors have used

these rules incorrectly to taxpayers’ disadvantage.

But this is not right for property. The amount you would

have to pay back is restricted to the number of months

rented out over 252 months (i.e. 21 years).

Thus if input VAT of £15,000 had been claimed and the

property was rented out for 12 months prior to sale, the

VAT to pay back would only be £714 (12/252 x £15,000)

and not the £15,000 that the VAT man may demand.

» Residential Buy to Lets

A reduced rate of VAT may apply to landlords:

1. On payments to installers of Energy Saving Materials

such as insulation, draught excluders, hot water and

central heating system controls, solar panels, wind and

water turbines. Unfortunately, this does not apply to

materials purchased in your local DIY store.

2. On the cost of dividing one dwelling into more than

one, and of conversion from multiple dwellings back to

one.

3. On the cost of labour and materials on residential

property that has remained empty for three years or

more.

Value Added Tax is extremely complicated and expert

advice should be sought for each project.

» One final tip…

A useful tax break exists for owners of shops and

commercial premises with flats above that have been

unused or only used for storage for at least one year. The

whole cost of conversion or renovation of the flat is

available as a tax deduction against rental income and

does not have to be repaid to HMRC unless the property

is sold within seven years from when it was first available

for letting.

Previously the cost of this work would only have been

allowable against future sale proceeds and effectively

gives the relief earlier and, because of taper relief for

Capital Gains Tax, at a much higher rate.

For further information on this topic, please call Jan

Rickler or Dave Kirkwood at the Vantis Loughton office on

020 8502 0411. 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, customs duty

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.

This article represents our understanding of current

law and HMRC practice. Levels, bases of and relief

from taxation are those currently applying – and they

are subject to change.


David Kirkwood - Client PartnerVANTIS plc

3rd FloorCrown House151 High RoadLoughtonIG10 4LG

Email:[email protected]: www.vantisplc.com

Jan Rickler - Client PartnerVANTIS plc

3rd FloorCrown House151 High RoadLoughtonIG10 4LG

Email: [email protected]: www.vantisplc.com


Residential Homes

t: 020 8506 0828


OOAAKKLLAANNDD PPLLAACCEE,, BBUUCCKKHHUURRSSTT HHIILLLL ££449999..999955An opportunity to purchase this executive four bedroom detached property situated in aquite cul-de-sac in this sought after residential development and built approximately nineyears ago. The property offers a spacious sitting room with separate dining room and agenerous kitchen/breakfast room with views over the rear garden and mature trees.Properties in this development a rare to the market and an internal viewing is highlyrecommended. Property benefits include: Sitting room, dining Room, kitchen breakfastroom, cloakroom/W.C, master bedroom with En-Suite shower room, bedroom two,bedroom three, bedroom four, rear garden 56ft x 36f, single garage, secluded parking to side.

TTHHEE GGLLAADDEE,, WWOOOODDFFOORRDD GGRREEEENN ££774499,,999955Located on the much sought after Knighton Estate is this commandingfour double bedroom detached residence which has been completelyrefurbished to an extremely high standard by the current owners.Benefits include two reception rooms, a high specificationcontemporary style Kitchen / Breakfast room with integratedappliances and finished with granite work surfaces, a stunning familybathroom and extensive rear garden with a southerly aspect.

TTHHEE DDEELLLL,, WWOOOODDFFOORRDD GGRREEEENN ££998855,,000000Lawlors Property Services are delighted to exclusively offer for sale this

commanding five bedroom detached family residence situated on the prestigious

location of The Dell. The property is situated along this sought after tree lined

residential turning, on the ever popular Knightons Estate and property benefits

include large entrance hall, five reception rooms and five bedrooms three of which

have en suite facilities making this a truly family orientated property.

MMOONNTTAALLTT RROOAADD,, WWOOOODDFFOORRDD GGRREEEENN ££449999,,999955Offered to the market is this beautiful four bedroom semi-detached familyresidence, situated in this peaceful turning in Woodford Green. The propertyhas been exceptionally maintained by the current vendors and offers solid oakwood panelling to the hallway and a hand made solid oak kitchen, there are twobedrooms both with en-suite facilities and a luxury family bathroom, makingthis a truly family orientated property. To fully appreciate the size and conditionof this property we would strongly recommend an internal inspection.

PPRRIINNCCEESS RROOAADD,,BBUUCCKKHHUURRSSTT HHIILLLL ££445599,,999955Lawlors Property Services aredelighted to offer this outstandingdetached three double bedroomresidence set in the heart ofBuckhurst Hill. The main part ofthis property dates back to theearly 1900's with the remainderbeing added by the currentvendors a few years ago. Beingtotally secluded from the mainpart of Princes Road via a privatesecure cobble stoned footpath,makes this property unique andan internal inspection isrecommended to truly appreciateits character and charm.

TTHHEE HHAAWWTTHHOORRNNSS,,BBUUCCKKHHUURRSSTT HHIILLLL ££229955,,000000Lawlors property services aredelighted to offer for sale as thevendors sole agents thisimmaculately presented twobedroom (originally threebedroom) town house situated inthe ever popular turning of TheHawthorns. This truly is aproperty not to be missed, andshould be viewed at your earliestconvenience. Property benefitsinclude: cloakroom, bedroomthree/garden room, lounge,dining room, fitted kitchen, familybathroom, separate WC, reargarden, integral garage and offstreet parking.

QQUUEEEENNSS RROOAADD,, BBUUCCKKHHUURRSSTT HHIILLLL ££ PP..OO..AAOffered to the market is this outstanding three bedroom Victorian residencearranged over three levels and offering an abundance of period features throughout.The property has been meticulously maintained by the current owners andbenefits from three reception rooms, a generous kitchen/breakfast room, delightfulrear garden and off street parking for two cars. An internal inspection is stronglyrecommended to appreciate this beautiful property.

LLAANNGGFFOORRDDSS,, BBUUCCKKHHUURRSSTT HHIILLLL ££669955,,000000 Offered to the market is this truly impressive two/three bedroom chalet stylebungalow situated in the heart of Buckhurst Hill. The property comprises tothe ground floor of a generous accommodation throughout with a 34ft x 25ftL-shaped sitting room/dining room, a modern kitchen/breakfast room witheating area and fitted with modern appliances, there is also a study whichcould also serve as a third bedroom. The first floor offers a master bedroomwith a luxury En-Suite bathroom and a fully fitted En-Suite dressing room.



www.lawlors.co.uk

WOODFORD OFFICE457 High Road, Woodford Green, Essex, IG8 0XE



HHOORRNN LLAANNEE,, WWOOOODDFFOORRDD GGRREEEENN ££227799,,999955Offered to the market is this delightful two bedroom terraced Victorian residence situated inthis pleasant turning in Woodford Green, which is steeped in character yet withcontemporary styling. The current owner has spared no expense in updating the windowsthroughout with both traditional styles and modern materials with the sitting room/diningroom offering wood flooring and original fireplaces. Viewing is highly recommended toappreciate this beautiful property. Property benefits include: Sitting room/dining roomkitchen breakfast room, master bedroom, bedroom two, family bathroom, rear garden 40ftapprox. Close proximity to Woodford Green Central Line Station.

SSTTAANNLLEEYY RROOAADD,, SSOOUUTTHH WWOOOODDFFOORRDD ££446699,,999955Offered to the market is this Four Bedroom Victorian Semi-Detachedproperty with an open plan living area to the ground floor with traditionalhigh ceilings and original fireplace. Also offering a light and airy modernkitchen/breakfast room, to the first floor there is a generous master bedroomwith luxury En-Suite Bathroom, three further double bedrooms and En-Suiteshower room. The property is offered in immaculate condition throughoutand internal viewing is a must to fully appreciate this beautiful property.

WWOOOODDLLAANNDD WWAAYY,, WWOOOODDFFOORRDD GGRREEEENN ££775500,,000000Offered to the market is this fabulous four bedroom detached residencesituated in the sought after location of Woodland Way. The property benefitsfrom many fine features including two reception rooms, newly fitted highquality kitchen, south westerly facing rear garden, integral garage and anabundance of off street parking. To fully appreciate the accommodation onoffer we would strongly recommend an internal inspection.

TTHHEE WWAATTEERR GGAARRDDEENNSS,, WWOOOODDFFOORRDD GGRREEEENN ££334455,,000000Offered to the market is this immaculately presented three bedroom luxuryapartment in the sought after development of The Water Garden. The apartment islocated on the second floor but with the advantage of a communal lift makes theapartment fully accessible to all potential purchasers. Property benefits include aspacious lounge with double aspect windows and balcony overlooking woodland,fitted kitchen, three well proportioned bedrooms with en suite to the masterbedroom and finally the advantage of a garage and off street parking.

BBRROOAADDWWAALLKK,, SSOOUUTTHH WWOOOODDFFOORRDD ££664499,,999955Situated on the sought after "Firs Estate" is this commanding four bedroom houseset behind security gates offering ample off street parking. Benefits include a lightand airy kitchen with breakfast room, utility area, and downstairs cloakroom. Thisproperty is an ideal family house with it's 80ft garden. Sitting room/ dining room,kitchen breakfast room 24'6 x 20', master bedroom with En-Suite bathroom &sauna, security gates, off street parking.

KKIINNGGSS AAVVEENNUUEE,,BBUUCCKKHHUURRSSTT HHIILLLL ££335599,,999955We are delighted to offer this twobedroom 2nd f loor apartmentsituated in the centre of BuckhurstHill, surrounded by fashionableeateries and boutiques.Conveniently close to local shopsand Buckhurst Hill station and hasthe added benefit of being offeredchain free. This apartment wouldsuit anyone looking to be in thecentre of the lively buzzingatmosphere Buckhurst Hill has tooffer. Property benefits include:Dining room, lounge, kitchen,master Bedroom with en suite,bedroom two, family bathroom.

FFOORREESSTT AAPPPPRROOAACCHH,,WWOOOODDFFOORRDD GGRREEEENN

££442255,,000000Offered to the market is thisfabulous five bedroom familyresidence situated on the everpopular Laings estate. Theproperty benefits from tworeception rooms, kitchen withmorning room and five wellproportioned bedrooms to thefirst f loor. Additional benefitsinclude off street parking, integralgarage and a well maintained reargarden. To fully appreciate theaccommodation on offer wewould strongly recommend aninternal inspection.

WWOOOODDSSIIDDEE RROOAADD,, WWOOOODDFFOORRDD GGRREEEENN ££777755,,000000Situated in one of Woodford Greens most favourable turnings is this deceptively spaciousfour bedroom semi-detached family residence. The property has been re-furbishedthroughout to an extremely high standard and offers three reception rooms one of thembeing a fantastic "orangery" with spectacular views over a 180ft rear garden, and agenerous kitchen/breakfast room. Property benefits include: Sitting room, t.v/familyroom, kitchen/breakfast room, orangery, cloakroom/w.c, master Bedroom, threefurther bedrooms, bedroom four/gymnasium, rear garden 180ft, off street parking.


The Courtlands estate offers a quality of family life unsurpassed in the Chigwell area. “A communitywithin a community” say Mr and Mrs David Thurlow residents of Windermere, Vicarage Lane fornearly 34 years. “We have loved living in our home and community but feel the time is right for

us to downsize but stay local. It is time for a younger family (as we were), to move into the house andput their mark on it, as we did”

This detached family residence offers fantasticaccommodation with the ground floorincorporating a 32ft main reception, 17ft diningroom, 17ft kitchen/breakfast room and further15ft family/TV room. There is also a ground floorcloakroom and integral garage.

First floor accommodation boasts a 19ft masterbedroom with en suite and walk in wardrobe,four further bedrooms and family bathroom.There is further potential to extend into the loftarea, subject to usual planning consents.

One of the most attractive features of this houseis its incredible gardens which measure nearly90ft in depth. The property has a raised patio arealeading down to a Roman stepped swimmingpool, the remainder is laid to lawn with matureconifers, shrubs and evergreen borders givingprivacy and seclusion, thus providing an idealrelaxing and safe family environment.

Windermere

easy like sunday

mornings...

£1,200,000



Residential Homes

t: 020 8502 5588

RREEGGEENNTTSS PPLLAACCEE ££333355,,000000An immaculately presented three bedroom executive residence situatedon this prestigious development with Porterage, communal ponds,grounds and video surveillance. The current owner has made many fineimprovements to this delightful property, which can only be fullyappreciated by an internal viewing. Property benefits include kitchen,lounge, master bedroom with en suite, two further bedrooms, reargarden approx 60ft, garage.

FFAALLLLOOWW FFIIEELLDDSS ££337744,,999955An immaculately presented three bedroom semi detached property situatedwithin this prestigious gated development with porterage and communalgrounds. The current owner has maintained the residence to an excellentstandard and has made many improvements to the property. Property benefitsinclude: kitchen, downstairs cloakroom, sitting room, conservatory, masterbedroom with en suite shower room, two further bedrooms, family bathroom,off street parking, attached garage and a rear garden.

SSWWAANN LLAANNEE ££774400,,000000We highly recommend an internal viewing on this well presented fourbedroom detached property. All bedrooms are of a good size and as wellas the family bathroom their is an en-suite to the master bedroom. Theground floor accommodation comprise of two receptions plus study,conservatory kitchen, w/c, and double attached garage. Located onLoughton’s premier gated development Great Woodcote Park, thisproperty is within easy reach of the town centre and all it amenities.

PROPERTY SERVICES

LAWLORS

TTRREEEETTOOPPSS VVIIEEWW ££11,,440000,,000000Offering to the market this beautifully presented four bedroom detached home inthe gated 'Great Woodcote Park' development. With a fantastic master bedroomsuite comprising of dressing room and bathroom, 'Facinni' landscaped front and reargardens, three good size reception rooms and a balcony off of the galleried landing thishouse promises not to remain on the market long so a viewing is stronglyrecommended to avoid disappointment. The property benefits include: lounge,study, cloakroom, T.V room, separate W.C, kitchen, utility room, morning room,galleried landing, master bedroom with en-suite dressing room, two bathroom,bedroom two with en-suite bathroom, two further bedrooms, two integral garages,off street parking and landscaped gardens.

RRIICCHHMMOONNDD PPAARRKK ££11,,225500,,000000Offered to the market is this five, double bedroom, property set on theprestigious Great Woodcote Park estate. This well maintained property offersspacious living accommodation, Porterage and communal grounds. Propertybenefits include, TV Room, study, lounge, dining room, kitchen, utility room,separate W.C, master bedroom, master en suite, bedroom two, en suitebathroom, bedroom three, bedroom four, bedroom five, family bathroom,exterior, off street parking and double integral garage.

Great Woodcote ParkGreat Woodcote ParkLoughton’s Premier Gated Development



www.lawlors.co.uk

PPAARRKK HHIILLLL,, LLOOUUGGHHTTOONN ££552255,,000000Lawlors Property Services are pleased to offer forsale this four bedroom detached property situatedin this popular Cul-de-sac set within easy reach ofLoughton shopping and transport facilities.Property benefits include: lounge, dining room(open plan to lounge), fitted kitchen, utility room,master bedroom with en-suite bathroom, threefurther bedrooms, rear garden approx 50ft andgarage.

BBRROOOOKKLLYYNN AAVVEE,, LLOOUUGGHHTTOONN ££444499,,000000An opportunity to purchase this three bedroomdetached property with attached one bedroom annex.Situated within this sought after location and withineasy access of the shopping facilities of the High Roadand the Central line with its access to the City and theWest End. The property offers f lexible accommodationas the annex could be amalgamated into the mainresidence. Property benefits include: kitchen, lounge,dining room, three bedrooms, family bathroom, reargarden and off street parking.

PPEETTEERRSSOONN CCOOUURRTT,, LLOOUUGGHHTTOONN££118800,,000000

Offered to the market is this well maintained, twobedroom, first floor apartment. The property hasbeen meticulously re-modernized and now has thebenefits of a fitted kitchen and gas central heating.Property benefits include: kitchen, lounge, twobedrooms and bathroom.

AALLDDEERRTTOONN HHIILLLL,, LLOOUUGGHHTTOONN ££11,,660000,,000000An opportunity has arisen to acquire this five bedroom, three bathroom detachedproperty located in one of the premier roads in Loughton, "Alderton Hill". Theproperty offers four reception rooms which are complimented by a mature gardenextending to approximately 250 foot with swimming pool. Property benefits includeseparate w.c, hallway, lounge, study, dining room, kitchen, utility room, family room,master bedroom, en suite bathroom, family bathroom, rear garden 250ft x 80ftapproximately, heated swimming pool, double attached garage and carriage driveway.

EELLEEVVEENN AACCRREE RRIISSEE,, LLOOUUGGHHTTOONN ££881155,,000000Lawlors Property Services are delighted to be offering for sale this fourbedroom detached property located within walking distance ofLoughton, all its amenities, cafe's and boutiques as well as its central linestation. The property benefits from in the rear garden swimming poolwith paved surround, lawn area, paved area to the rear with brick builtbar and to the front carriage driveway double garage and feature pond.The property needs to be viewed to fully appreciate all it has to offer.

PPEENNTTHHOOUUSSEE,, FFOORREESSTT HHEEIIGGHHTTSS ££772255,,000000Offered to the market this beautifully presented three bedroompenthouse apartment on the ever popular Forest Heights. The propertyhas been maintained to an extremely high standard and an internalviewing is recommended. Property benefits include separate w.c, ,lounge, dining room, kitchen, master bedroom, en suite bathroom,family bathroom, wrap around balcony, two underground allocatedparking spaces, electric gates, Porterage and communal grounds

WWAARRRREENN HHOOUUSSEE,, LLOOUUGGHHTTOONN ££11,,220000,,000000An opportunity has arisen to purchase this spectacular interior designed, selfcontained west wing of the period mansion Warren Hall. The property hasbeen extensively renovated and restored by the current owners. It offersdeceptive spacious accommodation with a multitude of opportunities. As wellas the main residence the property offers a cottage located within the grounds.In addition to your own private garden there are extensive shared groundsbacking onto woodland and a communal heated outdoor swimming pool. Theproperty needs to be viewed to fully appreciate all it has to offer.

BBRROOOOKKLLYYNN AAVVEENNUUEE,, LLOOUUGGHHTTOONN ££444400,,000000Offered to the market is this three bedroom detached property set with easyaccess to Loughton's shopping and transport facilities. An early viewing isrecommended to appreciate the size and standard of decor. Property benefitsinclude dining room 15'6 into bay x 12'5, lounge 18'3 x 11'1, kitchen 14'1 x7'5, master bedroom 15'6 x 12'0, bedroom two 13'0 x 10'11, bedroomthree 8'10 x 6'9, family bathroom, separate W.C, rear garden approximately100ft, off street parking and detached garage.

AARRAAGGOONN CCLLOOSSEE,, LLOOUUGGHHTTOONN ££441100,,000000Offered to market is the Four Bedroom detached property with integral garage.Located on the Hanbury Park Development and within close proximity ofLoughton Central Line Station, as well as the town centre with all its cafe's andboutiques. A viewing is a must to appreciate the location and further benefits theproperty has to offer. Property benefits include, lounge, dining room, kitchen,utility room, cloakroom, master bedroom, en-suite shower room, further threebedrooms, attached garage, off street parking and rear garden.

LOUGHTON OFFICE165 High Road, Loughton, Essex, IG10 4LF



all properties featured areexclusive to Lawlors

HHIIGGHH BBEEEECCHH RROOAADD,, LLOOUUGGHHTTOONN££338855,,000000

We offer to the market this well presented threebedroom Edwardian semi detached property. Theproperty benefits from three bedrooms, tworeception rooms and set within close proximity toEpping forest and Loughton central line station thistruly is not a property to be missed and an internalviewing is highly recommended. Property benefitsinclude, lounge, dining room, kitchen 14'3 x 9'5,three bedrooms, family bathroom and rear garden.


Residential Homes

For a free valuation phone 020 8502 5588

TTHHEE CCHHAASSEE,, LLOOUUGGHHTTOONN ££11990000 ppccmmStunning four bedroom semi-detached house.Located in the sought after Great Woodcote Park, theproperty boasts four bedrooms, two bathrooms, andbalcony. 020 8502 5588

SSOOUUTTHHEERRNN DDRRIIVVEE,, LLOOUUGGHHTTOONN££11000000 ppccmm

Three bed terraced house. Tastefullydecorated and furnished throughout. Theproperty benefits from a modern open plankitchen/living area and a well maintainedrear garden. Within easy access of theCentral Line. 020 8502 5588.

MMOONNKKHHAAMMSS AAVVEENNUUEE,,WWOOOODDFFOORRDD GGRREEEENN ££44000000 ppccmmThis delightful four/five bedroom detachedfamily residence is extremely wellmaintained and has a professionallylandscaped rear garden. Attached garage.020 8506 0828

DDEEVVOONN CCOOUURRTT,, BBUUCCKKHHUURRSSTT HHIILLLL££880000 ppccmm

Spacious two bedroom first floor apartmentoffered for immediate occupation. Located inthe popular 'Chequers' development andbenefiting from neutral decor throughout.Furnished/Unfurnished. 020 8502 5588

PPIICCKK HHIILLLL,, UUPPSSHHIIRREE££22880000 ppccmm

This immaculate four bedroom barnconversion is finished to an extremely highstandard throughout and benefits from en-suites and galleries to two bedrooms.Furnished/unfurnished. Stunning ruralgrounds. 020 8502 5588

GGRRAANNGGEE CCRREESSCCEENNTT,, CCHHIIGGWWEELLLL ££11550000 ppccmmSpacious four bed bungalow with recentlymodernised kitchen. Located within easy access toGrange Hill station and shops. Recently redecorated.020 8281 0123 £1500

MMAANNOORR RROOAADD,, CCHHIIGGWWEELLLL ££11225500 ppccmmIdeally situated within a short walk to Grange Hillshopping amenities and Central Line Tube Station isthis Two Bedroom, Two Bathroom, Ground Floorluxury apartment nestling on Manor Road, Chigwell.020 8281 0123

WWIITTHHAAMM CCLLOOSSEE,, LLOOUUGGHHTTOONN ££11115500 ppccmmThree bedroom town house, ideally located close toLoughton and all its amenities. The property is in goodinternal order and we recommend an immediateinternal viewing. 020 8502 5588

MMAANNOORR RROOAADD,, CCHHIIGGWWEELLLL ££44330000 ppccmmEnchanting five bed detached property in a prestigiouslocation, benefiting from stunning landscapedgardens. Tastefully furnished and enriched withcharacter. Must be viewed. 020 8281 0123

MMAANNOORR RROOAADD,, CCHHIIGGWWEELLLL ££PPOOAAFive Bedroom Detached secluded executive familyhome. Three en-suite bathrooms, beautifullylandscaped garden, heated swimming pool, access viaelectronically controlled gates. 020 8281 0123

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LOUGHTON OFFICE165 High Road, Loughton,

Essex, IG10 4LF

t: 020 8502 5588 f: 020 8502 5802

e: [email protected]

CHIGWELL OFFICE116 High Road, Chigwell,

Essex, IG7 5BJ

t: 020 8281 0123 f: 020 8281 0222


WOODFORD OFFICE457 High Road, Woodford Green,

Essex, IG8 0XE

t: 020 8506 0828 f: 020 8506 9101


Inhouse Sept/Oct 2005 Edition

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