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£195,995
Bedrooms
Bathrooms
Bergsaon Property Services are delighted to offer for sale this larger than average property. Which requires some cosmetic modernisation. Having a good kitchen and bathroom, but will require decorating etc Located in a quiet position in the highly regarded Northside area of Tamworth, this impressive mid-terraced property offers deceptive accommodation to suit both first time buyers and families alike.
Briefly comprising entrance hall, lounge with WC off and dining room, large lounge, currently divided into two good sized rooms, (can easily be arranged as an open plan lounge through diner with impressive space. Patio doors leading to the garden from the lounge. Good sized family kitchen. To the first floor are two good sized bedrooms, with fitted wardrobes, re-fitted bathroom. The property further benefits from having double glazing,(where specified), gas central heating a private rear garden and separate garage, making a large plot.
RECEPTION HALLWAY
Having secure UPVC front entrance door, ceiling light point, door to storage cupboard, door into:
DINING ROOM - 134' (4.06m) Irregular Shape x 910' (3m)
Having ceiling light point, staircase off to first floor landing, radiator, UPVC double glazed window to the front aspect, wall sockets, door into kitchen, lounge & dining room/bedroom 3
LOUNGE - 169' (5.11m) x 99' (2.97m)
Having UPVC double glazed window to the rear, UPVC double glazed patio doors to the rear patio area, two ceiling light points, radiator, wall sockets.
KITCHEN - 79' (2.36m) x 136' (4.11m)
Having matching range of base units and drawers, recess and plumbing for washing machine, recess and point for free standing cooker, roll top work surfaces, inset l single drainer sink unit with hot and cold taps over, complementary tiled surround, wall sockets, matching range of wall units providing further storage space, UPVC double glazed window to the rear aspect, rear entrance door leading to the rear garden patio area, ceiling light point, radiator.
SITTING ROOM/BEDROOM THREE - 99' (2.97m) x 107' (3.23m)
Having UPVC double glazed window to the front aspect, ceiling light point, radiator, door into storage cupboard.
GUEST CLOAKROOM
Having an obscure UPVC double glazed window to the front aspect, white suite comprising of hand wash basin vanity unit with hot and cold tap over, complementary tiled splashback, close coupled WC, ceiling light point.
FIRST FLOOR LANDING
Having UPVC double glazed window to the front aspect, ceiling light point, door into airing cupboard, door into:
BEDROOM ONE - 117' (3.53m) x 115' (3.48m)
Having UPVC double glazed window to the front aspect, ceiling light point, wall socket, radiator, double doors into built-in wardrobe.
BEDROOM TWO - 147' (4.45m) x 101' (3.07m)
Having UPVC double glazed window to the rear aspect, ceiling light point, radiator, wall socket, door into built-in wardrobe.
FAMILY BATHROOM - 62' (1.88m) x 75' (2.26m)
Having white suite comprising of close coupled WC, pedestal hand wash basin with hot and cold taps over, complementary tiled splash back around all of bathroom, panelled bath with hot and cold taps, with shower over, obscure UPVC double glazed window to the front aspect, ceiling light point.
OUTSIDE/REAR GARDEN
REAR GARDEN Having slabbed patio area providing outdoor living space, slabbed steps and path leading to the rear of the garden, with neat lawn to the centre of the garden and further slabbed area, timber fencing to boundaries and providing access to the rear gate and further access to the separate garage.
TENURE
We have been advised that this property is freehold, however, prospective buyers are advised to verify the position with their solicitor / legal representative.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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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