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114 High Street, Crowthorne
£925,000
Bedrooms
Bathrooms
0.25 ACRE PLOT Located in a much sought after cul-de-sac and situated on an enviable plot of about 0.25 acres is this spacious four bedroom detached home. Accommodation includes an entrance hallway, cloakroom, a dual aspect living/dining room with bay window & parquet flooring, a family room/separate dining room, study, a modern kitchen/breakfast room with views over the garden and a separate utility. Upstairs you will find a spacious bedroom one with en suite and fitted wardrobes. There are three further bedrooms (two with fitted wardrobes) and a family bathroom. A notable feature of this home is the delightful south facing rear garden which backs onto the Heath Ride bridle path. The double garage is currently used as a family room although we are unsure if this conversion has building regulation approval.
The front garden is mainly lawn with several established shrub bushes and borders plus driveway parking to one side, pathway to the front door and gated side access round to the rear garden. The total plot size is about 0.25 acres and the private, south facing garden is an exceptional feature of this home. There is a large shaped patio area with the vast remainder laid to lawn and a number of shaped, well stocked shrub borders within the garden and a lovely wooded backdrop to the rear.
Priors Wood is located just off the Lower Wokingham Road approximately 1.5 miles to the west of Crowthorne High Street and within a short walk from Crowthorne railway station and the popular shopping parade which includes U bakery/coffee shop as well as the Hive. Wokingham, Reading, Bracknell and Camberley are all within easy reach and provide convenient access to the M3 and M4 motorways. Nearby are many noteworthy landmarks and beauty spots which include the National Trust Ridges, Wellington College and Heathlake Park with its pleasant woodlands walks around the Heath Lake.
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.
114 High Street, Crowthorne
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