4 bedroom detached for sale

£870,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

A Note from the Homeowner
Over 30 years ago, we moved as a young family to St Marys Road in Mortimer. We loved the road so much that when we sold our house 20 years ago, we chose to move just a few doors up! St Marys Road is a wonderfully friendly neighbourhood, with an active WhatsApp group and an annual street party that brings everyone together.
This has been the perfect home for our growing family. With two reception rooms, the children have always enjoyed having their own space to play, while we could relax in the other. In fact, we still fondly refer to one room as the playroom. Our large utility room, which includes a convenient toilet, has been incredibly useful over the yearsfor everything from cleaning up after dogs and children to storing coats and shoes.
The kitchen, being the heart of our home, was reconfigured to maximise space, and we added a conservatory, which now serves as our dining area. This room offers lovely views of our secluded garden, where we spend a great deal of time. Double doors from the conservatory open to a patio that catches the morning sun an ideal spot for breakfast.
Additionally, we created a covered patio area, which currently serves as our table tennis zone, but it could easily be transformed into a relaxed seating area perfect for enjoying the evening sun. Unlike many homes on St Marys, our property benefits from off-street parking for three cars, a double-length garage, and a shed at the back of the plot. After 20 happy years here, we are sad to leave but feel its time to downsize, allowing another family to enjoy this wonderful home as much as we have.
Alexs Thoughts
As you approach St. Marys Road, you cant help but notice this beautiful white character property to your left. Its a home that really commands your attention with its unique design and impressive bay windows.
As you step inside, youre greeted by a warm, spacious hallway that leads to two reception rooms, the one on the right, especially, is filled with an abundance of natural light, along with its character fireplace it offers a cosy spot for family gatherings or quiet evenings.
The heart of the home is the L-shaped kitchen, which flows into the conservatory which used a dining area. This creates a bright, inviting space perfect for enjoying views of the private, mature garden. The conservatory seamlessly connects the indoors with the outdoors, making it a wonderful space for both daily living and entertaining.
A dedicated study offers a practical home office solution, ideal for those working remotely or would make a great bedroom for those that are challenged by the stairs. Additionally, the property features a large utility room, a convenient downstairs toilet, a system boiler and large detached garage.
Upstairs, the property includes three double bedrooms and a single, providing flexible accommodation options. While the home is in good order, it presents an opportunity for the new owners to make it their own.
Outside, the garden really stood out to me beautifully manicured and just the right size. Its not so big that it eats up your whole weekend, but still large enough for the kids to play freely. The privacy here is fantastic; its a prime spot for anyone who values their outdoor space.
Area Information
Located in the sought-after village of Mortimer, this property on St. Marys Road benefits from a fantastic location with convenient access to local amenities and transport links.
Mortimer Train Station is just 1.2 miles away, offering regular services to Reading and Basingstoke. The local Morrisons and Co-op are just 5-7 mins by foot for your daily essentials. Mortimer Playing Fields are within easy reach, perfect for outdoor activities. Mortimer Common is nearby, offering beautiful woodland walks. The local pubs, The Horse & Groom and The Victoria Arms, are a short stroll away too.
This location also offers easy access to major roads:
The M4 is close by, providing quick routes to London. Reading town and Basingstoke are both a short drive away.
If youre looking for the quieter village charm with easy access to busy towns for shopping and modern convenience, this location has it all.

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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£
£
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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

£ 720450

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
    £ 21750
  • 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

£ 67950
  • 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
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  • 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.

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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.

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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
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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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Final Property Value

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Notes

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