Hemmyng Corner, Warfield, RG42 2QH
The property is positioned on a corner plot and has further potential to extend STPP, the rear garden is a good size and there is also an option to convert the garage if more living space is needed.
The property was built in 1996 by popular the builder Bovis Homes and the property on the first floor comprises an Entrance hallway with an understairs cupboard, a front aspect living room, a modern open plan kitchen & dining room. The second floor comprises a landing area with access to a loft hatch and airing cupboard 3 bedrooms and family sized bathroom.
Outside the property, you have a driveway leading to the garage and off-road parking, to the rear you have a private enclosed garden laid mainly to the lawn and a patio area with side gated access.
Agents Insights & Comments:
This property has a lot of potential to extend further as the neighboring property has extended to the rear and also added a further bedroom, you also have the option to convert the garage if more living space is needed.
The location is also a key feature of this property as it is located in a popular cul dec location in Warfield. Warfield has become a popular choice for buyers moving to the area because of the great local amenities, schools, countryside walks & parks, Sainburys supermarket close by, good access to motorway links and local transport, Bracknell town center with the popular Lexicon shopping centre.
Tenure : Freehold
Stamp Duty Calculator
| Tax Band | % | Taxable Sum | Tax |
less than £500k |
0 | ||
£500k to £925k |
5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
less than £500k |
3 | ||
£500k to £925k |
8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
Interest Rate Calculator
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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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