5 bedroom detached for sale

£1,100,000

5

Bedrooms

3

Bathrooms

Floorplan

Located on a quiet, secluded plot in the popular Keephatch Park development, this huge detached house is presented in immaculate order throughout. Built in 1998, the house has been redecorated to a high standard by the current owners and the flooring replaced, ready for the new owners to move in without having to make any updates themselves.

One of the first things you will notice as you enter the property is the sheer amount of space, the hallway is wide and access to all rooms is easy. Glass double doors lead through to the stunning open plan dining room and kitchen, intelligently designed with bay window to allow lots of natural light to illuminate the space and provide an excellent environment for family meals and entertaining guests. The state-of-the-art kitchen has no shortage of convenient appliances including the island with bar seating and built in induction hob, waste disposal sink, boiling water tap and dishwasher. A separate utility room can house any other white goods.

The living room is home to the breath-taking fireplace constructed from brick and built with window seating on either side. There is a second, large reception room converted from part of the previous double garage, which is currently being used as a playroom, but could easily become a home gym or even a studio, should the next buyer require space to work from home. Completing the ground floor is the guest cloakroom and study, ideal for those who need computer and desk space. The front of the garage can still be used as good storage space.

Upstairs are the five double bedrooms, the main bedroom being impressively large and has its own separate dressing room and sumptuous ensuite bathroom with both a bath and walk in shower. Underfloor heating has been fitted in this room with own thermostat. The second bedroom has also been designed with ensuite shower room and built in wardrobes. The main family bathroom is fitted with a bath and wall niche for toiletries, plus heated towel rack.

The current owners have advised that the loft is partly boarded and very large, meaning that any remaining storage needs are easily taken care of. Built in speakers have been fitted to the kitchen, dining room and main bedroom ceilings.

Externally, the garden is laid with lawn, patio, wooden decking and a built-in hot tub and outdoor speakers. The property has woodland views to the side and rear which provide scenic views from most of the house and the garden. Extra areas of land to the back and sides mean that the garden can be enjoyed by everyone without compromise.

This superb property is sure to be popular and early viewings are recommended to avoid disappointment. Call now to book!


LOCATION The property is located just a short distance from Wokingham town centre and train station, with all shops, restaurants and leisure facilities within easy reach. The recently regenerated Elms Field offers new independent businesses to explore plus Nuffield gym and Everyman cinema.

The area is well known for easy access to sought after local schools including St Crispins, The Holt, the Emmbrook schools.

Connections via public transport is excellent, with Wokingham station providing links to London Waterloo, Reading (and the Elizabeth Line) and Guildford. For those who commute by car, the A329, M4 and M3 are all a short drive away.

Features
  • Freehold

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

£ 906450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 27500
  • 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

£ 81450
  • 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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
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£
  %

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

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    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

£

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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