Residential - issue 24

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24th Edition

Residential PAID

Stamp Duty paid on selected properties when you buy through Beresfords!* experience: the difference For full terms and conditions see our website or contact your local office

*


Should Stamp Duty be stamped out?! What was really a tax on expensive property 30 or 40 years ago is now something that almost everyone has to pay. It is especially stacked against more expensive areas such as London and the Home Counties. It’s bizarre that at £250,001 the rate triples from 1% to 3%. Above 3%, it rises in 1% increments to 5%. This is often the price range that ‘first time sellers’ buy in many parts of the County.

Sales: BILLERICAY

01277 889701

BRAINTREE

01376 388677

BRENTWOOD

01277 888937

CHELMSFORD

01245 806977

COLCHESTER

01206 805134

COLLIER ROW

01708 873855

GIDEA PARK

01708 873868

HORNCHURCH

01708 873982

The Government must remember that a buoyant property market can drive the economy forward.

INGATESTONE

01277 888930

SHENFIELD

01277 888936

UPMINSTER

01708 873867

WITHAM

01376 388679

When a property transaction occurs there’s a whole raft of other sectors that benefit, such as removal companies, builders, electrical stores, kitchen suppliers etc. And of course the more property transactions that take place the more revenue that goes to the Treasury with Stamp Duty, VAT etc.

WRITTLE

01245 806978

LONDON OFFICE

0203 468 0741

Lettings: BILLERICAY

01277 888868

BRAINTREE

01376 388678

BRENTWOOD

01277 889504

So what would Beresfords like to see happen to Stamp Duty?

CHELMSFORD

01245 806979

COLCHESTER

01206 805133

RAYLEIGH

01268 857338

WICKFORD

01268 857339

• •

To help purchasers and the economy overall, Stamp Duty will be paid on Some form of weighting in the lower price selected properties when you buy through Beresfords*. Not only is this ranges of more expensive areas. magazine packed with ‘Stamp Duty Continuation of the Stamp Duty holiday for paid’ properties, if you speak to our first time buyers. offices you’ll find they have many more, we just didn’t have space to Bring in an interim band of 2% between feature them all! say £250,001 and £375,000 to help those it impacts on most and make it consistent As you will see a selection of with other band differentials. properties within this magazine have been sold prior to publication, Structure the tax so that as the band showing just how popular this changes, buyers only pay the higher rate campaign is! on the excess not the full amount so for

• example on £300,000, buyers would pay 1% of the first £250,000 and 3% on the balance.

For full terms and conditions see our website or contact your local office

HAVERING BOROUGH

01708 874863

WITHAM

01376 388680

Country Homes Survey

01245 806980

Financial Services

01245 806981

Commercial

0845 564 6764

01245 806982

*

Land & New Homes

01245 806983

Our brand new state of the art website is now live! Features include:

To view visit www.beresfordsgroup.co.uk

Easy to navigate Keyword search for specific requirements e.g. swimming pool Extra large pictures Display search results via distance from a location e.g. train station Register saved searches and be sent new results that match your criteria Request viewings on multiple properties in one go Real time mortgage rates from all the major lenders Get local market information and news from our interactive blog Informative area videos


Stamp Duty paid on all these properties!* S ales Ramsden Heath £239,950 | Billericay: 01277 889701

Billericay £250,000 | Billericay: 01277 889701

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Ramsden Heath £189,995 | Billericay: 01277 889701

Billericay £775,000 | Billericay: 01277 889701

Braintree £159,995 | Braintree: 01376 388677

Braintree £189,995 | Braintree: 01376 388677

Braintree £275,000 | Braintree: 01376 388677

Braintree £289,995 | Braintree: 01376 388677

Brentwood £188,000 | Brentwood: 01277 888937

Warley £219,995 | Brentwood: 01277 888937

Brentwood £329,995 | Brentwood: 01277 888937

Kelvedon Hatch £379,995 | Brentwood: 01277 888937

Brentwood £479,995 | Brentwood: 01277 888937

Brentwood £695,000 | Brentwood: 01277 888937

Thinking of selling or letting a property? CONTACT US FOR A FREE, NO OBLIGATION VALUATION OF YOUR PROPERTY. For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk

For full terms and conditions contact your local office or visit the Beresfords website

*

Billericay £285,000 | Billericay: 01277 889701


Stamp Duty paid on all these properties!* S ales Chelmer Village £142,500 | Chelmsford: 01245 806977

Great Baddow £177,995 | Chelmsford: 01245 806977

Great Baddow £199,999 | Chelmsford: 01245 806977

Chelmsford £245,000 | Chelmsford: 01245 806977

Chelmsford £285,000 | Chelmsford: 01245 806977

Colchester £139,995 | Colchester: 01206 805134

Hythe £139,995 | Colchester: 01206 805134

West Bergholt £184,995 | Colchester: 01206 805134

Mile End £189,995 | Colchester: 01206 805134

North Colchester £209,950 | Colchester: 01206 805134

LEXDEN £299,995 | Colchester: 01206 805134

Harold hill £159,995 | Gidea Park: 01708 873868

Stapleford Abbotts £195,000 | Gidea Park: 01708 873868

HEATON GRANGE £195,000 | Gidea Park: 01708 873868

Reach over 250,000 potential purchasers of tenants with our Residential Magazine, contact us for further information. For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk

For full terms and conditions contact your local office or visit the Beresfords website

*

Great Baddow OIEO £200,000 | Chelmsford: 01245 806977


Stamp Duty paid with a new Crest Nicholson home! Visit any of our sites below and reserve your stylish new apartment or house and benefit from having your Stamp Duty paid!*

ALDERMERE Brookfield Lane West | Cheshunt | EN8 0QY A stunning collection of 2, 3 & 4 bedroom homes in a sought-after location on Brookfield Lane West. These traditionally designed homes are in an excellent location for both commuter links and the local area. 2 & 3 bedroom homes from £231,500 4 bedroom houses from £349,500 Email: aldermere@crestnicholson.com | Call: 0870 757 8192

BLENHEIM SQUARE Epping | Essex | CM16 6HR Spacious new homes in an ideal location – Epping tube station is just 3 miles away for direct links to London and there is good road access via the M11 and M25. 2 bedroom apartments from £188,500 3 bedroom houses from £269,500 Email: blenheimsquare@crestnicholson.com | Call: 0870 757 8190

HUNTER’S CHASE AT KINGS WARREN near Newmarket | Suffolk | IP28 8YL These spacious 2, 3 & 4 bedroom homes offer the ideal family environment and are ideally located close to the Cambridgeshire and Suffolk county borders in the heart of rural East Anglia. 2, 3 & 4 bedroom homes from £145,000 Email: kingswarren@crestnicholson.com | Call: 0870 755 1632

WILLOW GROVE AT CEDARS PARK Stowmarket | IP14 5GQ Choose from an exclusive collection of 3 bedroom homes, all built in a traditional style to suit the semi-rural Suffolk locality in a great location just off junction 50 of the A14 and only half a mile from Stowmarket town centre. 3 bedroom houses from £174,000 HURRY – only 3 homes remain! Email: cedarspark@crestnicholson.com | Call: 0870 755 1620

www.crestnicholson.com *Subject to Crest Nicholson’s terms and conditions. Photography taken at Crest Nicholson developments. Prices correct at time of going to press.


Stamp Duty paid on all these properties!*

Hornchurch £152,500 | Hornchurch: 01708 873982

Hornchurch £275,000 | Hornchurch: 01708 873982

Havering-Atte-Bower OIEO £525,000 | Gidea Park: 01708 873868

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THE MAWNEYS £325,000 | Gidea Park: 01708 873868

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ROMFORD OIEO £219,000 | Gidea Park: 01708 873868

Hornchurch £279,995 | Hornchurch: 01708 873982

Hornchurch OIEO £350,000 | Hornchurch: 01708 873982

Ingatestone £177,500 | Ingatestone: 01277 888930

Ingatestone £415,000 | Ingatestone: 01277 888930

Ingatestone £460,000 | Ingatestone: 01277 888930

Stock £649,950 | Ingatestone: 01277 888930

Latest Mortgage Rates from all the leading lenders! Residential

Buy to Let

Fixed

5 year Fixed

From 2.57% APR 4.5%

From 2.94% APR 5.3%

From 3.09% APR 4.1%

From 3.69% APR 4.5%

For the most up to date mortgage rates visit our brand new website at www.beresfordsgroup.co.uk. Available for you to browse 24/7, 365 days a year! Alternatively speak to one of our independent financial advisers on 0845 564 6764.

For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk

For full terms and conditions contact your local office or visit the Beresfords website

*

Hornchurch £325,000 | Hornchurch: 01708 873982


Stamp Duty paid on all these properties!* S ales Hutton £269,950 | Shenfield: 01277 888936

Hutton £289,995 | Shenfield: 01277 888936

Hutton £435,000 | Shenfield: 01277 888936

Hutton Burses £569,995 | Shenfield: 01277 888936

Brandon Groves £195,000 | Upminster: 01708 873867

Upminster £265,000 | Upminster: 01708 873867

Upminster £269,995 | Upminster: 01708 873867

Upminster £289,995 | Upminster: 01708 873867

Upminster £330,000 | Upminster: 01708 873867

Upminster £485,000 | Upminster: 01708 873867

Roxwell £330,000 | Writtle: 01245 806978

Writtle £339,995 | Writtle: 01245 806978

Writtle £350,000 | Writtle: 01245 806978

Writtle £399,995 | Writtle: 01245 806978

Thinking of selling or letting a property? CONTACT US FOR A FREE, NO OBLIGATION VALUATION OF YOUR PROPERTY. For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk

For full terms and conditions contact your local office or visit the Beresfords website

*

Hutton Burses £525,000 | Shenfield: 01277 888936


Spacemaker ...be inspired BEDROOM • BATHROOM • HOME OFFICE

Great value on the finest bespoke fitted furniture Designed, manufactured and installed in 21 days Most bedrooms delivered and installed in one day Awkward shapes – no problem Over 30 years experience

Call Spacemaker today to arrange a FREE designer visit or order your FREE 2012 brochure:

01268 441144

www.spacemakerfurniture.co.uk Showrooms throughout London and the South East


LETTINGS Billericay £1,050 pcm | Billericay: 01277 888868

Stock £7,000 pcm | Billericay: 01277 888868

BLACK NOTLEY £625 pcm | Braintree: 01376 388678

Shalford £1,600 pcm | Braintree: 01376 388678

Brentwood £1,395 pcm | Brentwood: 01277 889504

BRENTWOOD £1,795 pcm | Brentwood: 01277 889504

Chelmsford £895 pcm | Chelmsford: 01245 806979

Chelmsford £2,500 pcm | Chelmsford: 01245 806979

Colchester £650 pcm | Colchester: 01206 805133

Manningtree £1,150 pcm | Colchester: 01206 805133

UPMINSTER £2,000 pcm | Havering: 01708 874863

HAVERING-ATTE-BOWER £4,500 pcm | Havering: 01708 874863

Attention Landlords! If you are thinking of renting out a property see our special offer on page 10 For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk


Special offer for Landlords for a limited time only!

½

THE COST

YET NO COMPROMISE ON SERVICE!

50% off upfront fees

*

or

50% OFF

*

managed charges

Contact us for further information about this latest promotion. BILLERICAY BRAINTREE BRENTWOOD CHELMSFORD COLCHESTER

Terms & conditions apply

*

01277 888868 01376 388678 01277 889504 01245 806979 01206 805133

HAVERING BOROUGH WITHAM WICKFORD RAYLEIGH

01708 874863 01376 388680 01268 857339 01268 857338


ATTENTION LANDLORDS!

Before instructing a letting agent, always make sure they are suitably equipped and qualified to look after your property investment.

Beresfords

Other Agents

PROVEN TRACK RECORD – Have they delivered consistent results over the past 5 decades? PROFESSIONALISM – Are they a member firm of ARLA, the professional body who regulates the lettings industry? CLIENT PROTECTION – Are clients’ monies and rental payments automatically protected? YOUR RENT GUARANTEED – Is unpaid rent protected in full for up to 6 months and all eviction charges covered? COMPREHENSIVE REFERENCING – Do they use a specialist company to undertake detailed checks on tenants? EXTENSIVE EXPOSURE – Do they have a substantial database of professional tenants searching for property? SUBSTANTIAL INTERNET COVERAGE – Will they advertise your property on 7 national property portals? PROPERTY MANAGEMENT TEAM – Do they have dedicated Property Managers who will deal with any issues that may arise? SPECIALIST INVENTORY CLERKS – Are there ‘in house’ Inventory Clerks who prepare detailed condition reports? ROUTINE INTERNAL INSPECTIONS – Are routine inspections always carried out on all managed properties every 3 months? COMPETITIVE COMMISSION FEES – Is their fee structure competitive and does it represent real value for money?

Making the wrong choice of Letting Agent could prove to be a costly mistake! For further information contact your local area, details of which can be found on the opposite page


Buying to let a sensible option for funding retirement Beresfords have recently experienced a substantial uplift in the number of enquiries being received from potential buy to let investors. One of the main reasons for this is because many people are beginning to question how they will fund their retirement in later years. At the time of the 2001 census, the total population in the UK was nearly 59 million. By 2027 it is predicted that this figure will have increased to more than 70 million due to increased migration and people living longer. As a result there will be an inevitable drain on state pensions. Without adequate financial provisions in place, many will be faced with no alternative but to work well beyond the current age of retirement. The demand for rented accommodation from tenants is expected to grow significantly over the next 20 years as many

become long term renters either through choice, affordability or other credit related issues. Every property within the rental sector will need to be owned by someone. The rent paid by a tenant can provide the Landlord with a regular source of income. Furthermore should property prices increase over the long term then there is also a gain to be made as and when it is eventually sold. Property is flexible in as much as you can retain, sell or refinance against it. More importantly you are in complete control of your asset at all times.

Where required we can effectively offer a ‘one stop shop’ for anyone looking to invest in buy to let. This includes sourcing suitable properties, securing professional working tenants, managing the entire tenancy from start to finish and processing automated rental payments into our Landlords’ bank accounts. Free, no obligation consultations are available upon request by contacting Beresfords Investment Department on 01245 397497 or by emailing: investment-team@beresfordsgroup.co.uk

Many homeowners have substantial equity in their main home and can therefore consider releasing funds to invest in buy-to-let properties. Others have savings in High Street institutions but will have become disillusioned with the current returns being produced. Beresfords Investment department offers specialist advice to a diverse range of people, from seasoned buy to let investors to those that have never ventured into this sector of the property market before.

We will be holding free buy to let seminars throughout the year to give an overview of how the entire process works. To register your interest email: investment-team@beresfordsgroup.co.uk For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk


investment properties

Here’s just a small selection of properties that maybe suitable for buy to let purposes…

CHELMSFORD Luxury one and two bedroom apartments, all currently tenanted on AST’s. Within easy reach of Station.

COLCHESTER One bedroom duplex apartment with tenant currently in residence. Five minute walk to Town Centre and Station.

Asking price: Projected annual rent: Anticipated gross yield:

Asking price: Projected annual rent: Anticipated gross yield:

£160,000 - £210,000 £8,000 - £10,500 5.2% - 5.7%

£84,995 £5,700 6.7%

BRENTWOOD Three bedroom top floor apartment, close to local amenities including Brentwood Train Station.

Colchester Two bedroom top floor apartment in good decorative order. Close to Station and shops with two parking spaces.

Asking price: Projected annual rent: Anticipated gross yield:

Asking price: Projected annual rent: Anticipated gross yield:

£175,000 £11,000 6.35%

£108,500 £6,600 6.1%

RAINHAM BRAINTREE Three bedroom house, with off road parking, within walking distance of One bedroom apartment within easy reach of Town Centre and Elm Park Underground Station. Station. In good decorative order throughout. Asking price: Projected annual rent: Anticipated gross yield:

£219,995 £13,200 6.0%

Asking price: Projected annual rent: Anticipated gross yield:

OIEO £80,000 £5,400 6.7%

If you are interested in any of the above or would like to see our complete list of suitable buy to let investment properties email investment-team@beresfordsgroup.co.uk

For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk


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NEW HOMES

Meadow View Ongar Meadow View Ongar

a charming development of stylish two bedroom apartments and three and four bedroom family houses, many with stunning meadow views.

a charming development of stylish two bedroom apartments and three and four bedroom family houses, many with stunning meadow views. Only1 property 1 property now remaining Only now remaining

bedroomhouse house 44bedroom For an appointment to view contact: £349,995 £349,995 Part For an appointment to view contact:

01277 231515 01277 231515

www.beresfordsgroup.co.uk www.beresfordsgroup.co.uk

BEll hIll CloSE, BIllErICAy, ESSEx CM12 9QJ

Stylish new homes close to the heart of Billericay’s popular community A charming town centre, gorgeous green open spaces, exceptional schools and a friendly community – Billericay deserves to be desirable. Add to this fast and frequent train links to the city and easy access to the M25, then you can see why the town is amongst the most popular in this part of Essex. Cherry Tree Park is a brand new community of 2 – 5 bedroom homes with a refreshing variety of styles from terrace to detached, but all come with Banner’s signature attention to detail both in building excellence and quality of specification.

SPECTACulAr Show hoME Now oPEN

2 bedroom homes from £270,000, 3 bedroom homes from £340,000 and 4 bedroom homes from £390,000 Spectacular show home NOW OPEN Open daily from 10am - 5pm Internal photography shows plots 1& 2, external photography shows plots 3 & 4, both at Cherry Tree Park.

Superior homes... Superb locations Call us on 0845 899 0644 or visit www.cherry-tree-park.co.uk www.bannerhomes.co.uk twitter.com/bannerhomesplc

Selling agents

For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk


STAMP DUTY PAID

at Base & Clarion Gate! Now is the ideal time to think about moving to a new home, so if you’re looking for somewhere with more space or you want to get on the property ladder this year, then you can’t afford to miss the opportunity to own a stunning, yet affordable new home close to London. What’s more, when you reserve your new home by 31st May 2012, you will benefit from your Stamp Duty PAID!*

Clarion Gate Beehive Lane Great Baddow Chelmsford CM2 9RX

Enjoy a sought after village location close to excellent schools, shops and local amenities. Ideally located with good access to the A12 and the M25 and just two miles from the station with trains to London Liverpool Street in just 34 minutes.

Base Brentwood Essex CM14 4LZ

Don’t miss your chance – reserve now on the final phase of 1 & 2 bedroom apartments at this successful development close to the station, for trains to London Liverpool Street in as little as 38 minutes.

2 bedroom apartments from £190,000 3 & 4 bedroom houses from £292,500

1 & 2 bedroom apartments from £172,500

clariongate@crestnicholson.com 0870 757 8184

base@crestnicholson.com 0870 757 8384

www.crestnicholson.com *Subject to Crest Nicholson’s terms & conditions. Train times are approximate. Prices correct at time of going to press. Street scene taken at Base. Typical Crest Nicholson interior.


!* STA

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£1,600,000 | Country Homes: 01245 806980

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Guide Price £1,895,000 | Country Homes: 01245 806980

Sunday 27th May Boreham House, Chelmsford, CM3 3HY

CHELMER VILLAGE Farmhouse style property, close to amenities yet four acres of private grounds including secluded fenced lake. £1,210,000 | Country Homes: 01245 806980

Be seen in London!

A showcase of the finest properties from throughout Essex and East Anglia.

Supported by

Including Essex, Suffolk, Norfolk, Hertfordshire and Lincolnshire. Come and join us in the beautiful setting of Boreham House. A stunning Grade I Listed mansion set in 35 acres of grounds, just minutes from Junction 19 of the A12.

2nd May 2011 Battersea Arts Centre Instruct us now and have your property featured at this high profile event which will be attended by London and International buyers who are looking to move to the country.

A fine selection of properties will be on display for you to browse, activities throughout the day for the children and other exhibitors will be in attendance linked to the country and prestige property markets. To have your property featured at this exhibition contact 01245 806980 Official Media Supporters:

For further information contact 01245 806980

For a full list of properties currently available visit our BRAND NEW website www.beresfordsgroup.co.uk

For full terms and conditions contact your local office or visit the Beresfords website

Kelvedon Hatch Classic country house, fine proportions, secluded grounds, separate coach house, tennis court and landscaped gardens.

*

C ountry and P restige H omes

Boreham Beautifully restored country house with separate barn for conversion, large grounds, lake and swimming pool.


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