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£650,000
Bedrooms
Bathrooms
''NO ONWARD CHAIN'' Nestled in a highly sought-after location, this attractive 1930s bay-fronted semi-detached home is beautifully presented and has been significantly extended to offer versatile living space. Ideally situated, the property offers easy access to top Grammar Schools in Reading, Reading University, and is within walking distance of Maiden Erlegh Secondary School, as well as Loddon and Hawkedon Primary Schools. Conveniently close to Earley train station and local bus routes into the town center. The spacious ground floor comprises an inviting entrance hall, WC, bay-fronted living room with a charming open fireplace, and a cozy family room with a log burner leading to a garden room extension featuring a vaulted ceiling and skylight. The large kitchen/dining area has also been extended and opens into a utility room with access to the garage. Upstairs, there are four double bedrooms, including a master with an ensuite, a modern family bathroom, and a versatile study or fifth bedroom. The expansive rear garden is well-maintained, private, and perfect for entertaining with a raised decking area off the back of the property. Additional benefits include UPVC double glazing, a recent full electrical safety check, and a newly installed fuse board. This is a fantastic family home in a prime location offering both charm and convenience.
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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