4 bedroom detached for sale

£899,950

4

Bedrooms

2

Bathrooms

Floorplan

A substantial four bedroom detached home, situated in a highly convenient and popular location in Maidenhead, close to the River Thames.

With a generous gated driveway, the house is set back from the road and nicely private. The entrance hall is bright, open and welcoming. A sumptuous 28ft dual aspect sitting room with feature fireplace and wood flooring provides plenty of space for entertaining, with double doors to opening into a lovely sun room.

The kitchen is to the rear, with a range of fitted cabinets and plenty of storage space. There is an adjacent dining area which could be opened up into a contemporary kitchen diner, subject to the necessary consents. A small utility area leads into the large integral garage, with room for all the family essentials.

Outside, the fantastic rear garden boasts a decked patio area, lovely lawn with landscaped beds and borders, plus a superb brick built garden room offering versatile space as a home office/gym or play room.

Upstairs, the spacious accommodation includes four bedrooms; the master to the front has a lovely ensuite shower room, the second bedroom has a range of fitted wardrobes and a view over the garden, whilst the two further bedrooms are great for the kids. There is a smart family bathroom with contemporary tiling and modern white suite.

The location is hugely popular with families as well as retiring downsizers looking for green and peaceful surroundings, within walking distance of the town centre and the River Thames. There are numerous footpaths and open spaces close at hand, to enjoy walks, cycle rides and riverside scenery, yet the amenities of Maidenhead town centre are within half a mile, including Waitrose and the wonderful selection of bars and Restaurants in the Waterside area. Maidenhead train station with the Elizabeth Line is 1.1 miles away making the commute to the city or West End easy to navigate. The River Thames is at the end of the road, with fantastic gastro-pubs, as well as the towpaths leading to Cookham and Windsor, an enviable location from which to enjoy the best of Berkshire.

Mortgage Calculator

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

Monthly Payment: £3,891.99

Total Interest: £501,164.80

Overall Total: £1,401,114.80

Amortization For Monthly Payment: £3,891.99 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£28,533.44 £18,170.39 £881,779.61 
2026£27,943.38 £18,760.44 £863,019.17 
2027£27,334.16 £19,369.66 £843,649.50 
2028£26,705.16 £19,998.66 £823,650.84 
2029£26,055.74 £20,648.09 £803,002.75 
2030£25,385.22 £21,318.61 £781,684.14 
2031£24,692.93 £22,010.90 £759,673.24 
2032£23,978.16 £22,725.67 £736,947.58 
2033£23,240.17 £23,463.65 £713,483.92 
2034£22,478.23 £24,225.60 £689,258.32 
2035£21,691.54 £25,012.29 £664,246.03 
2036£20,879.30 £25,824.53 £638,421.51 
2037£20,040.69 £26,663.14 £611,758.36 
2038£19,174.84 £27,528.99 £584,229.38 
2039£18,280.88 £28,422.95 £555,806.42 
2040£17,357.88 £29,345.94 £526,460.48 
2041£16,404.92 £30,298.91 £496,161.57 
2042£15,421.00 £31,282.82 £464,878.74 
2043£14,405.14 £32,298.69 £432,580.06 
2044£13,356.29 £33,347.54 £399,232.52 
2045£12,273.37 £34,430.45 £364,802.06 
2046£11,155.30 £35,548.53 £329,253.53 
2047£10,000.91 £36,702.92 £292,550.62 
2048£8,809.04 £37,894.79 £254,655.83 
2049£7,578.46 £39,125.37 £215,530.46 
2050£6,307.92 £40,395.91 £175,134.55 
2051£4,996.12 £41,707.70 £133,426.85 
2052£3,641.73 £43,062.10 £90,364.75 
2053£2,243.35 £44,460.48 £45,904.27 
2054£799.56 £45,904.27 £0.00 

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

£ 732,659

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

34%

Annual Rental Profit

£ 49,230

Cumulative Rental Profit

£ 492,297

Cost of Purchase

£ 57,697
  • Stamp Duty
    £ 32,498

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

  • Refurbishment Budget
    £ 22,499
  • 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

£ 58,764
  • Mortgage Interest
    £ 32,970

    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)
    £ 14,255
  • Letting Fee
    £ 240
  • Maintenance
    £ 10,799
  • 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

£ 1,000,575
  • Final Equity Profit
    £ 508,277

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

  • Cumulative Rental Profit
    £ 492,297

    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

£ 1,465,924

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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