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£3,000,000

Alderton Hill, Loughton, IG10

  • 0 beds
Land

£3,000,000

  • 0 beds
Land
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Estimate monthly mortgage payment:

£13,696 per month

Minimum deposit amount:

£150,000
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A unique residential development opportunity located in the affluent residential area of Loughton, Essex.

Alderton Hill comprises separate dwellings situated across two plots totalling 1.264 acres (0.51 ha). It is located in the western part of Loughton, near the town centre and close to Epping Forest. The two properties consist of one detached house and a bungalow, with gardens to the rear and driveways to the front, both of which are also vacant. Access to both properties is via Alderton Hill, forming the northern boundary, with a train line forming the southern boundary. To the west of the site is Poets Place, a McCarthy Stone retirement living scheme built in 2018 providing 40 1-bedroom and 2-bedroom apartments, across 3 storeys, exclusively for those over the age of 60.The site is well positioned in the affluent town of Loughton, within the Epping Forest district. It is placed within the Essex Golden Triangle , described as the popular, affluent residential areas between Chigwell, Loughton and Buckhurst Hill. Loughton benefits from a selection of excellent independent and state schools, both primary and secondary, including private schools such as Oaklands School, Chigwell School, Forest and Bancrofts School, and high performing state schools such as Davenant Foundation School, Debden Park School and Roding Valley. Loughton's proximity to colleges and universities, both in Greater London and Essex areas further enhances the town s appeal to families seeking quality education. Loughton itself is recognised as a thriving town offering a wide variety of amenities. The high street boasts a variety of well-known and independent retailers, bars and restaurants. The site is located within 250 metres of Loughton Underground Station, which is served by the Central Line. This provides direct services to Stratford in 24 minutes, Tottenham Court Road and Bond Street within 50 minutes. Chingford Railway Station is only 3.5km to the west of the site and offers alternative overground services into London.Loughton boasts excellent transport links. Access to both the M25 and M11 and very convenient, with junction 5 situated 1.8km to the west providing access to the M11. Such proximity to major roads provides easy access into Central London and other parts of East Anglia and the Home Counties.London City Airport is located 23km to the South of the site. Stansted Airport is also within convenient proximity located 37km northeast and can be reached within approximately 35 minutes by car. Loughton is served by a variety of bus services that provide convenient connections within the town and to nearby areas.The site is elected for VAT

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£271,250
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