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£765,000 Guide Price
Bedrooms
Bathrooms
Wentworth Estate Agents have pleasure in offering to the market a FOUR BEDROOM LINKED DETACHED HOUSE within a small cluster of two houses.
The property is 2 miles from Bracknell, with the new Lexicon town centre and mainline station serving Waterloo and Reading. Wokingham town centre is approximately 3 miles, with shops, banks and supermarket and a mainline train station also serving Waterloo and Reading.
Ground floor accommodation comprises of entrance hall, cloakroom, living room with bay window, kitchen/breakfast room/ family room and walk in well fitted utility cupboard.
The kitchen is the main hub of the house, with composite worktops, island with wooden breakfast bar, integrated Neff oven, microwave, warming drawer, induction Hob, Fridge/Freezer and Dishwasher.
Patio doors leading onto the enclosed garden.
First floor accommodation comprises of master bedroom and shower ensuite, two further bedrooms and family bathroom with bath, WC and wash hand basin.
Second floor accommodation comprises of large bedroom with fully fitted wardrobes and eaves storage space and a bathroom with bath, WC and wash hand basin.
Further benefits include underfloor heating to ground floor, air source heat pump for heating and hot water, oak internal doors with oak handrails, enclosed garden and patio area, parking for three cars, larger than average garage with sink, fitted units and electric door.
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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