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£1,050,000
Bedrooms
Bathrooms
Offered to the market with no onward chain, a spacious and well proportioned family home in a sought after exclusive close within a matter of minutes walk to The Holt School, Joel Park and Cantley Park and 15 minutes to The Emmbrook Schools and Wokingham Market Place. The well presented 1,561 sq. ft. of accommodation provides the following. Upon entering in to the entrance hall with galleried landing, access is then provided to all ground floor rooms with a triple aspect living room with patio doors to the garden, dining room, study, kitchen and downstairs cloakroom. Stairs lead to the first floor galleried landing where we find the master bedroom with ensuite shower room, three further bedrooms and family bathroom. Bedroom 4 is currently set up as a dressing room but could clearly be returned to a bedroom. Outside there is a large front lawn with driveway parking for 4 vehicles, potentially as many as 6, with the detached double garage at the side. The rear garden has been very well tended and stocked with many established shrubs and benefits a great degree of privacy. The property has uPVC double glazing and gas radiator heating with an EPC rating C. Wokingham town centre has many conveniences including a Waitrose supermarket and a blend of high street and independent retail shops, a variety of coffee shops, pubs and eateries. In addition, Wokingham has welcomed a mixture of new amenities as part of regeneration in recent years including a boutique cinema, hotel, and leisure centre complimented by the well-established park and green space. For more detailed material property information please click on the various brochure links.
As is common with many properties built prior to 2000 there is a possibility that building materials used during their construction may contain Asbestos you may wish to commission your own survey to establish whether this is the case with this property.
EE, Vodafone, Three and O2 are available.
Cavity Wall
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.
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