1 /15
£300,000
Pangbourne Street, Reading, Berkshire, RG30
- 2 beds
£300,000
- 2 beds
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Estimate monthly mortgage payment:
£1,370 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
£15,000
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A converted Victorian terrace house consisting of two 1 bedroom apartments each with their own gas and electric supplies and meters and separate council tax accounts. Set in this convenient location just over a mile to the west of Reading town centre, this is an excellent opportunity to acquire a turn key freehold investment with potential to generate in excess of £21,000 per annum rental income. The Ground floor garden flat is currently let at £850 per month and comprises a lounge, double bedroom, modern fitted kitchen and bathroom and benefits from its own private garden. Flat two is split level over the top two floors with a lounge, kitchen/diner and bathroom on the first floor and spacious bedroom on the top floor. The property is well presented throughout and is an excellent opportunity for an investor to secure a readymade income generating property in a great location.
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£1,370 per month
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Stamp Duty tax
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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).
£0
Mortgage and legal costs:
£999
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