Eastcourt Avenue, Earley, Reading, Berkshire, RG6 1HH

1 /12
Available / For Sale

3 bedroom bungalow for sale

£450,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

'''''Inviting Offers Between 450,000 - 465,000''''' A Note from the Homeowner
We moved here because of the brilliant school options being in Priority 1 catchment for both Reading Boys and Kendrick School was a big factor for us. The area itself really sealed the deal. Its a peaceful, safe community, and from day one, we were made to feel welcome by our neighbours.
Since being here, this home has been a calm, happy space for our family. Weve really appreciated the flexibility/opportunity it offered especially with so many of the neighbouring homes already extended. Theres clear potential here to grow the property to suit changing needs, whether thats extending outwards or building upwards (subject to planning).
Weve also invested in key upgrades to make the house ready for the next chapter a full electrical rewire, a brand new energy-efficient boiler (now located in the garage), a modern consumer unit ready for an EV charger, and a beautifully refurbished four-piece bathroom suite.
The reason were moving is that our son has secured a place at a fantastic school over to the west of London, and were relocating to be closer. This decision has been bittersweet well genuinely miss the quiet, the green space, and the wonderful community around us.
We hope the next family finds as much joy in this home as we have. Alexs Best Bits
The garden is mature and full of colour, and theres a private spot tucked away at the far end perfect for a garden office, studio, or just a peaceful place to retreat to.The garage gives great options for conversion whether youre after a home gym, workspace, or something more.Highwood Nature Reserve, Palmer Park, and Thames Valley Business Park are all nearby brilliant if you like to walk, decompress or stay active.Youre well-connected the M4 and A329 are easy to access, the number 17 bus is around 10 minutes walk, and Earley station is just over a mile away if you want to head into London or Reading.Woodley town centre is walkable in 20 minutes perfect for a quick coffee, errands or lunch out. Interested?
Wed love to show you around. If you have any questions or want to arrange a viewing, feel free to message us you can also reach us directly on WhatsApp.



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

£ 373950

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
    £ 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

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£

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)
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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

  • Cumulative Rental Profit
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    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.

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