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£1,000,000
Bedrooms
A rare opportunity for the discerning purchaser to acquirethis wonderful Victorian home with notable period detail situated in the popular village of Upper Basildon. Offering a spacious and versatile range of accommodation, there a range of reception rooms which are accessed from the grand entrance hall and provide formal entertaining and relaxed family rooms. There is also an impressive kitchen/dining room and a ground floor cloakroom.
On the first floor there are four double bedrooms, the main with en suite shower room and a separate four piece family bathroom which has a free standing roll top bath with claw feet.
Outside to the front, there is a gated gravel driveway providing ample off road parking and a double width detached garage with a loft room above. The well maintained gardens wrap around the property on three sides and provide a high degree of privacy.
Upper Basildon is a highly regarded Downland village in West Berkshire, set in beautiful rolling countryside of woods and fields with an extensive network of footpaths and bridle paths. It is only about two miles from Pangbourne with its range of award winning independent shops, health centre and mainline station to London Paddington. It is an active community with its own magazine and village pub. The hub of the community is the village hall, recently rebuilt and the home of numerous clubs and activities as well as the busy tennis courts. Slightly further afield, Junction 12 of the M4 is only about 4 miles away. The village has a very popular Church of England Primary school and Theale Green school has a pick up and drop off service in the village. St Andrews school, Pangbourne College and Bradfield College are all nearby, with the extensive facilities of Bradfield College, including 25 metre swimming pool being open to the public.
Please note that all buyers attend property viewings at their own risk and must assess any hazards themselves,
We can refer you on to The Mortgage Advise Bureau for help with finance. We may receive a fee of 250.00 if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you onto Setfords Solicitors. We may receive a fee of 250.00 if you use their services.
EPC rating: E. Tenure: Freehold,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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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