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£625,000
Bedrooms
Bathrooms
''No Onward Chain Complications''
Arins property services are delighted to present this well presented family home built just nine years ago. Comprising of four double bedroom, arranged over three floors and offering generous living space which is ideal for modern family life. The ground floor accommodation comprises a welcoming entrance hall, a well-appointed kitchen/breakfast room, a wc and a bright and spacious living room with double doors opening out to the rear garden perfect for entertaining and family gatherings.
On the first floor, youll find three generous double bedrooms, including one with an en-suite shower room, alongside a contemporary family bathroom. The top floor features a large principal double bedroom with its own private en-suite, offering a peaceful retreat.
Externally, the rear garden boasts a patio area, ideal for outdoor dining, a lawned area for children or pets to enjoy, and direct access to the garage. The front of the property provides off-road driveway parking and an integral garage. Located on the sought-after Rawlins Rise development, this home benefits from a quiet residential setting while remaining close to excellent local amenities. These include highly regarded schools, Tilehurst train station, regular bus services into Reading, and Tilehurst village shops.
Floor: Average thermal transmittance 0.19 W/m-K
Roof: Average thermal transmittance 0.13 W/m-K
Walls: Average thermal transmittance 0.23 W/m-K
Windows: High performance glazing
Lighting: Low energy lighting in all fixed outlets
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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