4 bedroom semi-detached for sale

£710,000

4

Bedrooms

2

Bathrooms

Floorplan

PROPERTY DETAILS Situated enviably close to Wokingham town centre and shops, this four bedroom semi-detached house is arranged over three floors and is offered to the market with no onward chain.

The property is spacious throughout, benefitting from the rear extension to the kitchen to create a large open plan dining room, illuminated with Velux windows and designed with a breakfast bar. This room is ideal for family time and entertaining guests. The ground floor has a versatile layout, with the main living room located to the front and glass sliding doors leading through to the extra reception room, which could be used as a study, extra dining room or playroom, depending on the needs of the new owner. There is also a downstairs shower room and WC as an extra convenience, plus under stairs storage providing space saving solutions.

Upstairs on the first floor are three of the good sized bedrooms plus the main bathroom, which is large and currently fitted with shower over bath and bidet. The top floor hosts the final bedroom and has its own door leading up the staircase for added privacy. This room also benefits from eaves storage.

Externally, the property has a very private rear garden with patio and ample driveway parking to the front.

This property is expected to be popular and early viewings are advised, call now to book your appointment!

LOCATION Osborne Drive is a highly sought after, quiet cul-de-sac, just a stones throw from Wokingham town centre with all shops, restaurants and amenities within easy reach. The mainline train station is also conveniently close, with regular links to London Waterloo, Guildford and Reading with The Elizabeth Line.

The area is well known for close proximity to sought after local schools including The Holt, St Crispins School, Wescott Infants and Westende Juniors Schools, to name a few.

Wokingham is a historic market town often voted in the top 5 best places to live in the UK, with typically low crime rates and community events throughout the year such as the Wokingham Winter Carnival, Wokingham Music Festival every August and the town market which gathers vendors in the main square on Tuesdays, Thursdays, Fridays and Saturdays.

Features
  • Freehold

Map location is not available for this property.

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

£ 588450

Mortgage Loan to Value

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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
    £ 17750
  • 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

£ 55950
  • 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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£
  %

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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