1 bedroom semi-detached for sale

£230,000 Guide Price

1

Bedrooms

1

Bathrooms

Floorplan

A Note from the Homeowner
I purchased this property in 2001 to diversify my investment portfolio, and it has been a solid investment ever since.
The access to the garden through the double doors from the lounge made it feel more spacious and appealing, which I knew would be a great feature for tenants. Another big factor for me was the gas central heatingmany similar properties I viewed had electric heating, so this was a big plus.
The location was also a key selling point. With easy access to Reading, the M4, and A329, as well as shops within walking distance, I knew it would always be in demand. Thats proven true over the years, as the property has been rented out easily with minimal void periods.
Alexs Comments
What I really love about this home is the potential it offers. Theres a great opportunity for someone to put their own stamp on it, whether thats updating the interiors or even opening up the space between the kitchen and lounge to create a more sociable, open-plan layout.
The garden is a real highlightits southwest-facing, which means plenty of sunshine, perfect for summer barbecues. The fact that it comes with two off-road parking spaces is another huge plus.
Beyond the property itself, the convenience factor is brilliant. Youve got Loddon Valley Leisure Centre within walking distance, Costa nearby for a coffee catch-up, and on the weekend, youre spoilt for choicewhether thats a Dominos Pizza night or picking up something fresh from M&S.
Area Highlights
Asda Superstore 0.3m, McDonalds, and Toby Carvery are just a short walk away Open green space at Chalfont Park, perfect for walks and outdoor relaxation
We look forward to showing you around.

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

£
£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 180950

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
    £ 5750
  • 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

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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

£ 8450
  • 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
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  • 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.

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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.

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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

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  • 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

£

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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