1 bedroom flat for sale

£300,000

1

Bedrooms

Floorplan

Patrick Williams / Belvoir are delighted to offer to the market this elegant one bedroom top floor apartment , forming part of a stunning country residence, originally built in the late 19th Century for the Sutton Family, of the renowned Sutton Seeds company of Reading, as a grand country house, Bucklebury Place has since been divided into individual spacious luxury apartments retaining character and many period features.

The manor house is approached via an approximately quarter mile long drive which is flanked on both sides by paddocks and parkland either side. There is parking and a turning area directly to the front of the building.

The house retains many original features the first of which you'll notice upon viewing being the stairs from the grand entrance hall which leads to the top floor where this apartment is located, entering into the apartment there is a private entrance hall, fitted kitchen, a generous reception room of which offers space for dining and lounge area. The bedroom is of a good size and included fitted wardrobes and an en suite shower room.

Outside there are beautifully maintained communal grounds of approximately 3 acres.

An internal inspection is firmly recommended in order to fully appreciate the size, dcor and ambience of this delightful property.

Mains water and electricity

Garage in block

Private drainage

LPG central heating

Broadband. BT broadband is available with Gigaclear due to be installed

Share of freehold / management company

Local authority: West Berkshire Council.

The Freehold is owned by Bucklebury Place Management Limited (BPM Ltd) which, we understand, is collectively owned by the residents.

Bucklebury Place is set in the midst of wonderful countryside yet within easy reach of Newbury,


The property is situated in the highly desirable area of Bucklebury, nestled within Bucklebury Common, which has many beautiful walks. Equidistant from Newbury, Pangbourne and Reading.
Nearby, Chapel Row has the popular Blackbird Caf, The Bladebone Inn and also a doctors surgery.
The M4 J13 & J12 are just 6 and 8 miles away respectively, providing access to the West Country, London and airports.

Thatcham station 4.3miles (Paddington from 52 minutes) Newbury station 7.3miles (Paddington from 57 minutes) Reading station 12.8miles (Paddington from 31 minutes)

Crossrail services from Reading are expected to start in the near future with two Elizabeth line trains an hour (four an hour at peak time) which will allow passengers to travel right through central London without having to change trains.
There are a wide range of schools in the area, including Elstree, St Andrew's, Brockhurst & Marlston House, Cheam, Bradfield college, Downe House and Pangbourne College.

Please note that all buyers attend property viewings at their own risk and must assess any hazards themselves.

We can refer you onto MAB for help with finance. We may receive a fee if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you onto Setfords Solicitors or Phillips. We may receive a fee of 250.00 if you use their services.

EPC rating: F. Tenure: Share of 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

£ 250200

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
    £ 7500
  • 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

£ 25200
  • 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.

£

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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