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Mill Close, Wokingham, Berkshire, RG41

PROPERTY TYPE

House

BEDROOMS

3

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • • Three bedrooms
  • • Modern and renovated kitchen
  • • Car port
  • • Self-contained studio apartment
  • • Fantastic investment property
  • • Potential income from studio apartment of £700 per month
  • • 5.9% yield

Description

Exceptional opportunity for investors, with high yield potential. This unique three storey property benefits from three double bedrooms, immaculately presented kitchen and bathrooms as well as driveway parking.

This modern three bedroom town house has been intelligently converted into two separate types of accommodation consisting of a self-contained studio apartment with the rest of the property offering two double bedrooms and a large living area.

The property has had a major facelift throughout and the current sellers benefit an income from having a tenant in the studio apartment. The current sellers wanted to express the benefits of having a tenant in the studio apartment saying "I have gained a fantastic steady flow of income from my current tenant, who pays approximately £700 PCM."

Upon entry you are met by a hallway providing access to the one bedroom studio apartment. This has a bathroom with walk in shower, kitchen area that has a gas hob and washing machine then through to the bedroom. There is also access out to the rear of the property, which benefit from communal maintained gardens.

To the first floor we have the spacious main living area which benefits from a dual aspect flooding the room with light. To the left of the stairs there is a brand new kitchen with glossy grey cabinets, integrated dishwasher and a gas hob. To the right we follow through to a cosy living and dining area. This floor is the perfect entertaining space.

Up the final staircase to the second floor there are two large double bedrooms and a family bathroom that has been recently renovated. Both have large windows and built in storage. The current owner has cleverly converted a storage cupboard into a utility space.

Outside of the property you have a car port allowing parking for one car and well maintained communal grounds to benefit all that live on the development. The carport also provides coverage of the front door should you be met by the turn in English weather.

The property is well positioned being a brisk walk from town centre and the Wokingham Railway Station with direct lines to Reading, London Waterloo and Gatwick Airport. Wokingham offers an array of independent and High Street retailers as well as many pubs, bars and restaurants having undergone significant investment into the local area in recent years.

This location also benefits from being close to the highly regarded schools of Wokingham; The Holt Girls School and The Hawthorne’s Primary School.
A perfect investment for any landlords looking to maximise yield.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Mill Close, Wokingham, Berkshire, RG41

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About Hat and Home, Wokingham

2 Southgate House Alexandra Court, Wokingham, RG40 2BJ
Industry affiliations:

As the saying goes - wherever I lay my hat, that's my home and our aim is to help everyone find the perfect place to lay their hat.

Hat and Home is a property company which puts our customers at the heart of everything we do. We know how important the sale or let of your property is to you, so we will do everything we can to get you the best possible result. After all, if you are happy with what we do for you, then you are more likely to shout about us from the rooftops.

Whether you are buying, selling, renting or letting we want you to be delighted with the exceptional service you receive from us. Above all, we want to make sure your move is a fantastic experience.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,835
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference HHL220555. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hat and Home, Wokingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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