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£675,000
Bedrooms
Bathrooms
An elegant detached Victorian home, situated in a quiet street close to the centre of Maidenhead, just 0.7 miles from the train station.
The handsome home is welcoming and well maintained with a neat low maintenance front garden. Inside, the attractive proportions, high ceilings and tall windows are synonymous with houses of this era, offering a cosy and characterful atmosphere. There are two well sized interconnecting reception rooms which can be opened or closed as desired, each with wood flooring. The stylish kitchen is at the rear, with ample storage and practical space, lovely solid wood counter-tops and a breakfast bar leading into a lovely dining area, with banquette seating and French doors leading to the garden.
Upstairs, the spacious landing leads to the bedrooms which are superbly sized; a front double is flooded with natural light, whilst the rear bedroom has a range of fitted wardrobes and a lovely smart ensuite shower. The third bedroom is a perfect office or nursery. To the rear is a gorgeous bathroom with large tub, separate shower and contemporary tiling.
Outside the delightful rear garden is a great size for entertaining, with gated side access and a fantastic detached workshop to the rear - perfect for tool storage or hobbies - or easily converted to a garden office. There is ample parking to the front thanks to the residents permit system in place, whilst there is also potential to convert/combine the rear workshop as a garage with rear access.
The location is hugely popular thanks to the easy access to Maidenhead town centre, open green spaces and the mainline train station serving the City and west end.
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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