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£325,000
Bedrooms
Council tax band: TBC
'''EARLY VIEWING ADVISED'''
A stunning, well proportioned semi detached bungalow situated on a very popular road in West Bromwich. Benefitting from its proximity to Stone Cross town centre meaning only a short walk to amenities, this superb residence also has masses of potential with its scope to extend and a loft space begging to be utilised. Briefly comprising: Hallway, Lounge, Kitchen, Conservatory, Front and Rear Garden, Two Bedrooms, Bathroom, Driveway, Garage, External Double Glazing, Central Heating, Freehold, No Upward Chain
HALLWAY
18 5 x 9 4 (5.63m x 2.87m) With UPVC double glazed door and windows to front elevation, smoke alarm, central heating radiator, alarm panel, phone point and storage with access to loft.
LOUNGE
13 7 x 10 5 (4.15m x 3.19m) With double glazed bay window to front elevation and central heating radiator.
KITCHEN
13 6 x 11 1 (4.12m x 3.4m) With wall and base units to match, thermostat, vinyl flooring, central heating radiator, plumbing for washing machine and dishwasher, double glazed window to side elevation, one and a half stainless steel sink and drainer, electric hob, extractor, splashback tiling and single glazed door and windows leading to:
CONSERVATORY
13 10 x 10 7 (4.23m x 3.24m) With central heating radiator, fully double glazed and two double glazed doors to side elevation.
BEDROOM ONE
14 8 x 10 5 (4.48m x 3.19m) With central heating radiator and double glazed bay window to front elevation.
BEDROOM TWO
10 11 x 12 6 (3.35m x 3.82m) With double glazed window to rear elevation, central heating radiator and fitted wardrobes.
BATHROOM
9 6 x 7 10 (2.91m x 2.41m) With vinyl flooring, WC, hand wash basin, walk in glass panelled shower, central heating radiator and double glazed window to rear elevation.
LOFT
With double glazed window to front elevation and central heating boiler.
FRONT
With lawned garden, variety of shrubs and plants to borders, access to garage and tarmacadam driveway for multiple vehicles.
REAR
With paved patio area, variety of plants and shrubs, fence to borders, access to garage, lawned garden and outside tap
GARAGE
9 10 x 19 2 (3m x 5.85m) With up and over door, storage cupboard and UPVC door to rear elevation.
GENERAL INFORMATION
POSSESSION
With Vacant Possession upon Completion
SERVICES
We understand that all Mains Services are available at the property
TENURE
We are advised by the Vendor that the property is Freehold but this has not been verified and confirmation will be forth coming from the vendors solicitors during pre-contract enquiries
FIXTURES / FITTINGS
As per sales details
Map location is not available for this property.
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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