1 /10
£600,000
College Road, Reading, Berkshire, RG6
- 6 beds
£600,000
- 6 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£2,739 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£30,000
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NO ONWARD CHAIN COMPLICATIONS
Within easy reach of a host of amenities, including Reading town centre and the mainline railway stations, this larger than average four storey Victorian town house is currently set up as a HMO with a current yearly rental return of approximately �50,000 per year.
Ideal for an investment buyer looking to add to their portfolio, the accommodation briefly comprises a large kitchen/living room, two shower rooms, a separate cloakroom and six bedrooms, all of which have kitchenettes and another with an en-suite shower room.
Having recently undergone refurbishment by the current owner, the current gross rental yield is approaching 8% and has the potential to increase this far beyond to make an even more profitable investment.
Additionally, there is driveway parking to the front, a large rear garden and there is also a basement which can be access off of the main entrance hall.
Mortgage calculator
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£2,739 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£8,750
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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