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£850,000
Bedrooms
Bathrooms
Presented by Arins Property Services Welcome To Dark Lane:
Homes like this are rarely available on the market. Finished to an exceptional standard throughout, this five-bedroom detached residence offers generous living space, luxurious finishes, and a superb layout perfect for modern family life.
As you enter the property, youre greeted by a spacious porch and welcoming entrance hall. To the right is a versatile study room ideal for remote working or as a childrens playroom. To the left, the bright bay-fronted living room offers a cosy yet stylish retreat. The true heart of the home lies at the rear a stunning open-plan kitchen/living/dining area stretching nearly 40 feet wide, complete with bi-folding doors opening directly onto the generously sized private rear garden. This space has been renovated to an exceptional standard, creating the perfect setting for both daily family life and entertaining large gatherings. Off the kitchen, youll find a separate utility room, a downstairs WC, and integral access to the garage, adding practicality to the luxurious living space.
Upstairs, the impressive accommodation continues with five well-proportioned double bedrooms. The master suite overlooks the beautiful rear garden and features a walk-in wardrobe and a luxurious four-piece en suite bathroom. The second bedroom also benefits from its own en suite and a feature skylight. Bedrooms three and four share a convenient Jack & Jill en suite, while the fifth bedroom has access to the contemporary family bathroom, which, like the rest of the home, has been renovated to a high standard.
Outside, the home sits on an enviable plot featuring a large in-and-out driveway, offering ample off-road parking perfect for large families or visitors. The extensive rear garden is both wide and long, providing a private and peaceful outdoor space that truly needs to be seen to be fully appreciated.
Located on the highly sought-after Dark Lane in Tilehurst, the property is ideally positioned for families, with excellent local schools nearby including Denefield School, Little Heath School, Downsway Primary, and Westwood Farm. Its also conveniently located on a local bus route, with easy access into Reading town centre. Tilehurst Train Station is within close proximity, offering direct links to Reading Mainline Station. For those who enjoy the outdoors, Cotswold Park and Sulham Woods are within walking distance ideal for dog walkers and families alike.
Floor: Suspended, no insulation (assumed)
Roof: Pitched, 100 mm loft insulation
Walls: Cavity wall, as built, partial insulation (assumed)
Windows: Fully double glazed
Lighting: Low energy lighting in 32% of 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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