4 bedroom detached for sale

£1,250,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

A superb Edwardian detached residence that has undergone significant improvement throughout, and is now a fine family home. Located along a tree lined private road, just over one mile from to Reading Station. Downstairs comprises a Living Room, Dining Room, Family Room, brand new, top-of-the-range Kitchen, Utility Room and Cloakroom. On the first floor, there are four Bedrooms, en-suite and family Bathroom, two further rooms on the top floor. Approx. 150ft rear garden, with garage unit
BACKGROUND
This Edwardian home is situated in a desirable private road location, and has undergone extensive improvements by the current owners over the last eighteen months. Externally the property has had a new roof, high-quality windows and top specification security doors installed. Inside there is a redesigned kitchen, with hand painted cabinets and top-of-the-range Siemens appliances, a newly fitted en-suite and family Bathroom, both with superb suites. The loft has been professionally converted to provide two second floor rooms, which offer a variety of uses to complement the rest of the home. In addition, the property has been re-wired and has a new central heating system.

A truly quality home in an easily accessible position ideal for the growing family and within striking distance of Caversham centre, mainline station and Reading beyond
ENTRANCE
Original canopied verandah with front door to:
ENTRANCE HALL
With staircase to first floor, original herringbone parquet flooring, vertical radiator and small understairs cupboard
LIVING ROOM
Excellent family room with front aspect bay window, newly fitted fireplace with log burner, original herringbone parquet flooring, fitted media unit with shelving and cupboards, radiator and spotlights

SECOND LOUNGE/FAMILY ROOM
Front aspect, feature stone surround cast iron fireplace, with tiled inserts, offering open fire facility, original herringbone parquet flooring

KITCHEN
Completely refitted by the current owners, including a luxury range of hand painted, solid ash kitchen cabinets with solid oak drawer boxes, and cutlery trays. This is enhanced by 30mm silestone quartz worktops, Quooker flex tap with both sparkling and chilled water, and a large MasterChef multi-function sink unit.
Appliances include:
Two Siemens iQ700 ovens with steam, microwave pyrolytic cleaning, HomeConnect remote functionality
Siemens StudioLine 5 zone induction hob with bespoke extractor hood
Siemens StudioLine French Style fridge freezer with wine/drinks drawer and ice compartment
Siemens dishwasher
Water softener

FAMILY ROOM
With part-vaulted ceiling incorporating two Velux windows, full-height sliding doors to garden, spotlights, vertical radiator, tiled flooring and door to:

UTILITY ROOM
Completely redesigned by the current owners, with oak and ash hand painted, shaker style cabinets and 30mm silestone quartz worktops, with honed finish for durability. Includes enamel sink with stylish matt-black tap, tall larder style cupboard, feature tiled walls with black heated towel radiator, rear door to garden and door to:
CLOAKROOM
Brand new two piece suite comprising: WC and a circular fitted hand basin, again set on 30mm silestone honed quartz with cupboard below, Victorian style towel radiator, spotlights and tiled flooring
STAIRCASE TO FIRST FLOOR
Front aspect window, further staircase to second floor

BEDROOM ONE
Front aspect bay window, radiator, door to:

ENSUITE BATHROOM
Superb four piece suite comprising a large freestanding bath, walk-in shower cubicle, WC and a fitted hand basin with drawer. Towel radiator, spotlights, rear aspect Velux window and further vanity/dressing area

BEDROOM TWO
Front aspect, original cast iron Victorian fireplace, picture rails, radiator
BEDROOM THREE
Rear aspect, original cast iron fireplace, radiator
BEDROOM FOUR/STUDY
Rear aspect, radiator
FAMILY BATHROOM
Rear aspect. Newly installed four piece suite comprising a freestanding bath, walk-in shower cubicle, WC and a fitted circular hand basin with drawer. Heated towel rail and spotlights.

STAIRCASE LEADS TO SECOND FLOOR

TOP FLOOR ROOM ONE
This room is open plan with large Velux window, radiators, eaves storage, and cupboards housing gas boiler and hot water cylinder.

TOP FLOOR ROOM TWO
Good sized room with large, rear aspect, Velux window, radiator and eaves storage cupboards.
FRONT GARDEN
At the front is a large shingle driveway providing parking for four vehicles with wide side access gate leading to rear garden
REAR GARDEN
A fine feature of the property, offering a fair degree of seclusion and measuring approx. 125ft in length. The garden is largely lawned, with flower beds and shrub borders retained by fencing and brick wall. To the very rear is a large garage unit, workshop and storage shed, rear access gate and outside tap.

AERIAL VIEW

SCHOOL CATCHMENT
The Hill Primary School
Highdown School and Sixth Form Centre
COUNCIL TAX
Band G
FREE MORTGAGE ADVICE
We are pleased to be able to offer the services of an Independent Mortgage Adviser who can access a variety of 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

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

£ 1037700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 31250
  • 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

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£

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

£ 100200
  • 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)
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  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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