4 bedroom detached for sale

£775,000

4

Bedrooms

2

Bathrooms

Floorplan

FULL DESCRIPTION Rarely available in one of Wokinghams most popular areas, South Emmbrook Ward, this large four bedroom detached family home is on a substantial plot of 0.17 acre. Twice extended already, it offers living space of ca 1780 sq ft including the all-important garage.

This immaculate four-bedroom detached home has been twice extended to provide a substantial and comfortable family home, in the quiet Walter Road which is in South Emmbrook Ward - a sought after location - for many reasons including proximity to the town and Wokinghams popular schools.

Entering the property, you are aware of the generous proportions of the building immediately with a large hallway, coat cupboard, and doors opening onto the downstairs cloakroom, the kitchen and the living room. The bay-windowed living room has a gas fire, and the room opens with double doors onto the dining room. The L-shaped dining room is large enough for a substantial size table and chairs. In addition, there is room for easy chairs to look out onto the landscaped, stunning garden.

There are plenty of quality touches at this property including the Wilton carpets on the ground floor, new boiler installed 2023, high end appliances and so on.

The study is off the side of the dining room with another door leading to the garage. Moving into the kitchen, all appliances are Bosch. Moving into the kitchen from the dining room, we find a fully integrated built-in kitchen with a Granite worktops, five ring range cooker, double oven and microwave.

On the first floor there are four good sized bedrooms. The main bedroom has bespoke wardrobes in the main bedroom, plus a second part of the bedroom (the same size as a large double bedroom in its own right) serves as a walk-in wardrobe, again with bespoke fittings.

Note: it would be possible to make the main bedroom into two bedrooms, one with ensuite and one without, providing the new owner with an additional double bedroom. That would make in total a five bedroom property (four double bedrooms and one single bedroom) if desired.

Staying with the main bedroom, amazingly there is a very large ensuite with bath, separate shower, WC and basin. The second bedroom - also a large double - has again bespoke wardrobes and cupboards. The third bedroom is a double and the fourth bedroom a single. The family bathroom has a suite of bath, shower over bath, WC and basin. There are double wardrobes on the landing.

The propertys eco credentials are very good with gas central heating, water softener, all windows are Everest double glazed and the loft (with drop down ladder and electric light) is insulated as per latest regulations of 300mm.

To the outside the property has driveway parking for multiple vehicles. The private manicured garden is landscaped to a very high standard with patio area, outside lighting, heated green house, surrounded by shrubs, vegetable garden and flower garden.

The property is close to local amenities, such as Wokingham town centre, Wokinghams railway station. It is within popular school catchment areas, There is easy access to the A329 and M4.


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

£ 642075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 19375
  • 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

£ 60825
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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