2 bedroom maisonette for sale

£435,000

2

Bedrooms

Floorplan

The front door opens into a useful vestibule area, with plenty of space for shoe and coat storage. A glazed door leads to a bright and spacious living room, where natural light filters through a large window overlooking the front lawn.

The property has been tastefully renovated throughout to a high specification by the present owners, to include a wood effect flooring, new carpets, new windows and all internal and external doors.

The newly installed modern kitchen, located adjacent to the living room, is fitted with a range of contemporary units and ample work surface. Equipped with integrated appliances, useful larder style pull out cupboard, and finished with brass fittings. The sink is seamlessly integrated into the countertop material, creating a smooth, joint-free surface.

The kitchen opens to a magnificent glazed living/dining area with skylights and French doors to the rear garden,

The property continues to impress with two well-proportioned bedrooms, located off the main hallway, both offering plentiful storage.

The principal bedroom is of generous size with a double built-in wardrobe, while the second bedroom could serve as a comfortable guest room or home office.
Both bedrooms are serviced by a stylish modern bathroom complete with a full-sized bath, overhead shower, wall mounted heated towel rail, vanity unit with basin and WC, all finished with black fittings.

To the rear of the property is a secluded and private south facing garden, partly laid to lawn with a patio area with a side gate leading to the allocated parking space and large single garage with overhead storage.

Additional improvements include new electrics and fuse board, a new Worcester boiler and new internal and front doors.

Henley On Thames is a picturesque town located in the heart of Oxfordshire, and there is plenty to see and do in the local area. The town is famous for its annual Royal Regatta, which takes place in July and attracts visitors from all over the world. The regatta is a celebration of rowing, with races taking place on the River Thames throughout the week.
Also home to a range of independent shops, cafes, and restaurants, making it the perfect place to spend a lazy afternoon.

For those who enjoy the great outdoors, there are plenty of opportunities for walking and cycling in the local area. The Chiltern Hills are just a short drive away and offer stunning views of the surrounding countryside. The Thames Path also runs through the town, providing a scenic route for walkers and cyclists.


Directions
Head west on Market Place towards Kings Rd and continue onto Gravel Hill. Turn left onto Paradise Rd
and continue straight onto Deanfield Ave.
After half a mile take a sharp right onto Greys Rd. At the roundabout, take the 3rd exit onto King James Way and turn right to stay on King James Way.Turn left onto Knappe Close.


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Map location is not available for this property.

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

£ 361575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 10875
  • 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

£ 35325
  • 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

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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.

£

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

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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.

Notes

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