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£300,000 Offers over
Bedrooms
Bathrooms
A detached bungalow nestled within a desirable cul-de-sac location.
Description
The property benefits from no upward chain and has impressive accommodation within, including three bedrooms, the master with an ensuite shower room plus a house bathroom. There is also a well-appointed kitchen and a sizeable lounge leading to a conservatory overlooking the garden.
Outside, there is a mature and colourful garden, a separate garage with a workshop and plentiful parking.
Description
7a Huntsmans Drive is the first bungalow of just two sitting within this cul-de-sac, with parking to the fore and parking to the front of the separate garage. There is a lawned area to the front of the bungalow and a block paved area with steps leading to the front entrance door where there is an open porch with terracotta tiling.
The front door opens onto a welcoming hallway, with access via a drop-down ladder to the boarded loft space, which has light and power and offers a substantial storage area. The hallway also includes a door to a useful storage cupboard with wooden slatted shelving and a decorative cover over the radiator. The accommodation radiates from this point.
To the right of the hallway is the master bedroom, with two double built-in wardrobes with mirrored sliding doors, a window to the fore and a door to the ensuite shower room. The ensuite has a matching suite comprising a low-level WC, a pedestal wash handbasin and a shower cubicle. There is also tiling to both the walls, tiles to the flooring, a shaver point, an extractor fan and a heated towel rail.
A further two bedrooms reside to the rear of the property. Bedroom two is currently being utilised as a dining room. This versatile room includes a window to the rear. The third bedroom has built-in wardrobes, a desk, shelving and a window to the rear.
Situated to the left of the hallway is the kitchen, which is fitted with matching wooden wall, base and drawer units with roll edged work surfaces incorporating a one and a half bowl sink unit with drainer and a mixer tap. Integrated appliances include a fridge freezer, a built-in electric oven, a four-ring gas hob and an extractor. There is also a wall-mounted boiler, tiling to the walls and a window to the fore.
The house bathroom has a matching suite comprising a low-level WC, a pedestal wash handbasin and a bath with a shower attachment to the wall. There is also tiling to the walls, a shaver point, an extractor fan, a wall-mounted chrome towel radiator and an obscure glazed window to the side.
To the rear of the bungalow, there is a lounge featuring a living flame coal effect gas fire with Adam style fire surround, wall light points and sliding doors leading to the conservatory, which is of part brick and double-glazed construction, with a tiled floor. The conservatory is an ideal place to sit, relax and enjoy the garden.
Outside
There is a paved area perfect for alfresco dining and entertaining, with lawned area beyond. The garden has established borders of colourful planting and foliage and is fully enclosed by panel fencing. A timber framed garden shed is also included. There is an area for a bin store and a side gate accessing the front of the property.
The sizeable garage is separate from the bungalow and includes a metal up and over door, storage to the roof void, lighting and power. The garage also benefits from a side covered area, which is ideal for use as a utility area or workshop.
Agents note
The sat nav location for this property is not accurate. We recommend using the what3words location for 7A Huntsmans Drive which is ///often.bulletins.budding
Please use the website or download the app to your mobile device for accurate directions.
Services
The property has mains gas, mains electricity, mains water, mains drainage and broadband.
Council tax band - D.
Location
This lovely home enjoys an enviable position, accessible via a road serving just one further bungalow.
Kinver is a beautiful Staffordshire village, set on the banks of the River Stour, just a 15-minute drive from the centre of Stourbridge. It is surrounded by Shropshire, Worcestershire and the West Midlands. National Trust Kinver Edge sits to the west of the village and is a rather spectacular sandstone escarpment with rock dwellings, several walks and fabulous views.
The village itself has a buzzing community, with several good pubs, cafes, farm shops and a brewery. It is also a popular berthing spot for many boats on the Staffordshire/Worcestershire Canal and is only 45-minutes to the centre of Birmingham.
Fees
Reservation Fee - refundable on exchange
A reservation fee, refundable on exchange, will be payable by the Buyer to Andrew Grant Sales Limited prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract. This fee will be reimbursed upon Exchange of contracts. The fee will be retained by Andrew Grant Sales Ltd to cover costs in the event the Buyer withdraws from the purchase other than as a result of:
1. Any structural issues arising from any survey
2. Serious defect in the seller€™s legal title
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown
The reservation fee will depend on the level of your agreed offer for the property:
An agreed offer under 500,000 will be 500 inclusive of vat
an agreed offer between 500,000 and 1,000,000 will be 1,000 inclusive of vat
all agreed offers over 1,000,000 will be 1,500 inclusive of vat
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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