Bankside Gardens, Reading, RG2
£389,950
Financial snapshot
Costs
Your Initial Investment
£138,731
Estimated Deposit
£97,488
Purchase fees
£41,243
Returns
Your total return by 2035
£358,197
Annual Return 9.9%
Rental Growth P.A.
5.5%
Cap Growth P.A.
5%
Rental Income P.C.M.
£1,720
Gross Yield
5.3%
Cost Breakdown
| Name | Description | Amount |
|---|---|---|
| Value Invest Realtor fee | The additional fees that are owed to Value Invest at exchange. This is 1.5% + VAT (minimum £4,499 + VAT) | £7,019.10 |
| Legal fees | What you'll pay your solicitors for conveyancing services. | £2,040 |
| Mortgage arrangement fees | The cost that is required for particular mortgage products. | £1,999 |
| Mortgage broker fees | Fees payable to your mortgage broker. | £695 |
| Stamp duty | Estimated amount you'd pay in Tax to the UK government – we assumed (unless informed otherwise) that you already own property in the UK or elsewhere in the world, and the purchase will be structured as a company. The exact amount will be based on the final purchase price of the shares, which will be calculated based on the company's net asset value. | £28,995 |
| Valuation fee | Fee paid to the lender for their valuation of the property. | £595 |
| Window Dressing (Blinds) | The cost of your window blinds from one of our trusted partners. | £1,100 |
| Total fees (excluding deposit) | £34,379 | |
Area Highlights
Property values in Reading have increased 17.4% in 5 years
What is the UK House Price Index?
Source: UK House Price Index, HM Land Registry
Train
Reading Green Park Station
(0.4 miles )
Reading West Station
(1.9 miles)
Reading Station
(2.4 miles)
School
Green Park Village Primary Academy State School
(0.2 miles)
St Mary & All Saints Church of England Primary School State School
(1.2 miles)
Southcote Primary School State School
(1.2 miles)
The WREN School State School
(1.4 miles)
