5 bedroom detached for sale

£850,000

5

Bedrooms

2

Bathrooms

Floorplan

NO ONWARD CHAIN Situated on desirable Duffield Road in North Woodley, this substantial five/six-bedroom detached home offers immense potential to become a forever family home. Set within a generous 0.25-acre plot, the property boasts a gated driveway with parking for seven or more cars, a triple-length garage, and a beautifully maintained south-westerly facing garden. The accommodation spans three floors, providing ample space for a growing family. On the first floor, there are four well-proportioned double bedrooms, with a balcony off the landing offering pleasant views over the front. The top floor was originally one large room but has since been divided into two; however, it could easily be reinstated as a generous bedroom. The ground floor features a welcoming entrance hall leading to three versatile reception rooms, a kitchen, and a bright conservatory opening onto the garden. While the property requires modernization, it offers a blank canvas for those looking to create a bespoke home in a sought-after area. Woodley is a thriving town with a strong community, benefiting from excellent transport links, including Twyford railway station and easy access to the M4, making it ideal for commuters. The area is well-served by reputable schools such as Waingels & Bulmershe, and residents enjoy local amenities, including Woodley shopping precinct, several parks, and leisure facilities. With its generous proportions, prime location, and vast potential, this property presents a rare opportunity to design and transform a spacious family home for modern living.


Building Safety

Building Safety: N/A


Mobile Signal

Mobile Signal: 5G excellent data and voice


Construction Type

Construction Type: Brick built, tiled roof


Existing Planning Permission

Existing Planning Permission: N/A


Coalfield or Mining

Coalfield or Mining: No



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 21250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 66450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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