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£550,000

Fairfax, Bracknell, Berkshire, RG42

  • 5 beds
House

£550,000

  • 5 beds
House
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Estimate monthly mortgage payment:

£2,511 per month

Minimum deposit amount:

£27,500
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Having been modernised to an impressive standard by the current owner, this semi-detached home provides an exciting opportunity to families and investors alike. The property is situated within quiet cul-de-sac in the heart of Priestwood and provides excellent access to “The Lexicon” shopping centre and Bracknell’s mainline railway station which are both less than a mile away by foot. There is an excellent selection of schools nearby including Meadow Vale primary school and Garth Hill College secondary school. Both the M4/M3 are accessible in under 20 minutes by car making Fairfax an excellent option for commuters. Having undergone extensive refurbishment, the property is presented to an excellent standard. The downstairs accommodation comprises a refitted 16ft kitchen, open plan living room and conservatory alongside three additional living areas all of which have en-suite bathrooms and thus can be configured as bedrooms. To the first floor there are four double bedrooms and a brand-new three-piece family bathroom suite boasting solid granite counter tops. Externally, there is a low maintenance and generously proportioned garden, side access, driveway parking for three vehicles and ample on street parking. In addition to being an impressive and unique family home, Fairfax offers a fantastic opportunity to investors with an anticipated rental income of approximately £60,000 pa. This results in a gross rental yield in excess of 10% which is rare to find in a freehold property.

Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£6,250
Mortgage and legal costs:
£999
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