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£385,000
Bedrooms
Bathrooms
A delightful extended Grade II listed character cottage originally built in 1731 and having been carefully and superbly renovated in recent years returning much character and charm and occupying a superb walled rear garden in a convenient location within a mile of both Caversham centre and Reading Railway Station
SITUATION
Caversham is situated just north of the River Thames, offering a wide range of shops, bars and restaurants, together with excellent schooling. Reading Station servicing London (Paddington 25 minutes) is within half a mile of Caversham Bridge and has been further complemented with the arrival of Crossrail. Emmer Green & Caversham Heights border the South Oxfordshire countryside, with a choice of golf courses and the additional Mapledurham Gym & Rivermead Sports Complex on Caversham borders
LISTED BUILDINGS
Buildings are given a listed status to mark their historical and architectural interest and to protect them from damage and inappropriate alterations which may detract from their special interest. When a building is listed, consent is required for work that will alter the external appearance and also that which will change it internally, work usually requiring consent includes replacing windows and doors, removing internal walls and changing fireplaces. Your local authorities conservation officer will advise you in detail on what will require consent on your property
ENTRANCE
Paved step with front door to
KITCHEN/BREAKFAST ROOM
Beautifully fitted dual aspect room comprising Belfast sink unit, with oak work surfaces and tiled surrounds. Range of both floor standing and wall mounted eye level units with inset range cooker, plumbing for dishwasher, appliance space for fridge/freezer. Authentic wooden framed double glazed windows, door to garden and vaulted ceiling, warm air floor heater, latched door to
LIVING ROOM
With dual aspect authentic wooden framed double glazed windows, exposed brick fireplace with wood burning stove, exposed beams, radiator, latched door to
CLOAKROOM
With W.C., front aspect window, wash hand basin and plumbing for washing machine
LANDING
Latched door from living room with staircase to first floor
BEDROOM ONE
Double bedroom with dual aspect authentic wooden framed double glazed windows, radiator, exposed beams and door to
EN SUITE SHOWER ROOM
Comprising double width shower, wash hand basin, W.C., exposed beams, latched door to
STAIRCASE TO SECOND FLOOR LANDING
With hanging space, alcove and latched door to
BEDROOM TWO ATTIC ROOM
With side aspect window, exposed beams, radiator
REAR GARDEN
At the rear of the property is a delightful garden with pea shingled area for outside seating and dining, enclosed by mature sleepers extending to lawned gardens with pitched roof timber shed and timber home office with under floor heating, light and power. The gardens are fully enclosed by old brick and flint wall and further brick retained wall enjoying a secluded aspect, outside water tap. There is also a rear gate providing access to neighbouring property for maintenance
OUTSIDE
To the front of the property is a small front bedded garden area well stocked with specimen shrubs
TENURE
Freehold
SCHOOL CATCHMENT
Thameside Primary School
Highdown School and Sixth Form Centre
COUNCIL TAX
Band C
FREE MORTGAGE ADVICE
We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access over 2,500 mortgage rates from leading Banks and Building Societies. For a free, no obligation discussion or quote, please contact Stuart Milton, our mortgage adviser, on .
LOCATION
This image is for indicative purposes and cannot be relied upon as wholly correct
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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