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£900,000
Bedrooms
Bathrooms
Arins property services are pleased to offer for sale this unique large character non estate detached family home for sale. Located approximately four miles to the north east of Reading town centre which is in central Berkshire. The accommodation comprises to the main property hall, living room, dining room, kitchen/breakfast room, cloakroom/shower room, conservatory and garage. The first floor accommodation comprises master bedroom with en suite shower room, three further bedrooms and family bathroom. The second floor comprises a useable loft room. The self contained annex comprises hall, living room, kitchen, bedroom and shower room. The outside comprises driveway parking for 3/4 vehicles and the rear garden mainly laid to lawn stretching to approximately 100ft and incorporates a storage outbuilding. The location is fabulous as local shops including a Marks and Spencers food hall and Aldi supermarket are within walking distance. For the commuter the A329M is within a short drive and there is a regular bus route nearby taking approximately twenty minutes to Reading town centre. Woodley a nearby suburb offers a great array of shops bars and restaurants and the picturesque Thames side village is a half hour walk away. This home is offered for sale with vacant possession with no onward chain.
no
strong signal throughout the house
brick, double-glazed windows, tiled roof
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no
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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