3 bedroom detached for sale

£375,000 Offers over

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Description: A well proportioned and nicely presented three bedroom detached house, offered with a modern kitchen, lounge, versatile dining room/bedroom four, an immaculate garden, off road parking and a large garage, situated in Rubery, Birmingham.

The accommodation, in brief, features:- Driveway providing Off Road Parking with Access to Large Garage (fits 2x small vehicles); Secure Front Porch; Hall; Good-Sized Lounge with Fireplace and French Doors to Rear Garden; Modern Kitchen with Integrated Dishwasher and Fridge/Freezer; Rear Porch with Door to Rear Garden; Dining Room or Optional Bedroom Four; Double Bedroom Two; Bathroom with both Bath and separate Shower Enclosure; Utility Room; Downstairs WC; Stairs to First Floor Landing with Store Cupboard; Master Bedroom; and Bedroom Three with Fitted Wardrobes.

Outside, the property enjoys an immaculate and delightful rear garden with a paved patio, lawn with path to a garden shed, plante dbeds and hedged/fenced boundaries, beyond which are mature trees creating privacy.

Maple Road is ideally located for all local schools and is within close proximity to Rubery town centre offering a range of high street conveniences. The surrounding areas provide larger supermarket stores as well as the nearby Birmingham Great Park and new Longbridge development offering excellent shopping, restaurant and entertainment facilities. Rubery is approximately 9 miles (14 km) from Birmingham city centre and provides easy access for commuters via the local motorway network.

Room Dimensions:

Front Porch

Hall

Lounge: 22' 7" x 12' 9" (6.90m x 3.90m) max

Kitchen: 13' 11" x 10' 5" (4.25m x 3.20m) max

Rear Porch

Dining Room: 12' 2" x 9' 8" (3.72m x 2.95m)

Bedroom Two: 12' 1" x 9' 10" (3.70m x 3.02m)

Bathroom: 9' 0" x 9' 0" (2.75m x 2.75m)

Utility Room: 13' 9" x 10' 5" (4.20m x 3.18m)

WC

Garage: 22' 1" x 13' 9" (6.75m x 4.20m)

Stairs To First Floor Landing

Master Bedroom: 14' 5" x 13' 9" (4.40m x 4.20m) max

Bedroom Three: 14' 5" x 9' 2" (4.40m x 2.80m)

Nearest Stations:

1.69 miles
Longbridge
2.29 miles
Barnt Green
2.61 miles
Northfield
3.73 miles
Alvechurch
4.06 miles
King's Norton

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9375
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 30825
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message