3 bedroom end of terrace for sale

£450,000

3

Bedrooms

1

Bathrooms

Floorplan

Immaculately presented well proportioned family home.

Having undergone considerable improvements by the current owners the property provides spacious living accommodation over two floors with three generous sized bedrooms and family bathroom on the first floor. There is also potential to extend into the loft to create a fourth bedroom, subject to planning regulations.

On the ground floor there is a substantial sized living room, refitted kitchen including, gas cooker, full size dishwasher and large fridge freezer. The excellent family-sized kitchen/diner overlooks the rear garden and on everybodys wish list there is a cloakroom located off the hallway.

As you enter the property you are welcomed into a spacious hallway providing the perfect space for coats and shoes, the generous storage options throughout the property are a real bonus. Improvements include quality double glazing, still under guarantee, recently replaced gutters and soffits and new perimeter fencing. The Combi boiler has been regularly serviced.

The patio doors in the kitchen/diner lead directly to the enclosed rear garden which is south west facing and allows an abundance of natural light into the property. The garden consists of a full width sandstone paved patio area and well maintained lawn. Additionally, there is a brick built store that has lighting and power.

Parking for multiple vehicles can be directly accessed from the garden side gate. Electrical charging points are also accessible.

The property islocated within popular school catchment areas, is within walking distance of California Country Park and the FBC centre which offers a fantastic range of activities and a caf.

Finchampstead is a sought after location to the south of Wokingham and for the commuter both the M3 and M4 motorways are easily accessible. Wokingham Station provides an efficient service to London Waterloo and in the other direction Reading, which is the third biggest interchange station outside of London.

EPC rating: C. Tenure: 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

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 11250
  • 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

£ 36450
  • 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

Adjust these figures

  %
  %
£
  %

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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