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22 Stone Street, Dudley
£239,950
Bedrooms
Bathrooms
DETACHED HOME IS A MUST SEE Whilst in need of some updating, this DETACHED FAMILY HOME offers HUGE POTENTIAL to the right buyer. Situated on a substantial corner plot, there is either SCOPE TO EXTEND (subject to the relevant approvals), create a larger driveway or just enjoy the existing garden space. Located within close proximity to LOCAL SCHOOLS, SHOPS AND AMENITIES, the property has accommodation to comprise in brief of porch, entrance hall, GENEROUS LOUNGE / DINING ROOM and kitchen to the ground floor, and THREE GOOD BEDROOMS, separate WC and bathroom to the first floor. Outside, there is DRIVEWAY PARKING leading to an INTEGRAL GARAGE, and LAWNED GARDENS to both front, rear and side. NO UPWARD CHAIN. FREEHOLD - EPC=D - COUNCIL TAX= C
PLEASE CALL TO BOOK YOUR PERSONAL VIEWING OR BOOK ONLINE 24/7 VIA OUR PERSONAL WEBSITE.
Porch -
Entrance Hall -
Lounge / Diner - 3.09 x 6.54 (101" x 215") -
Kitchen - 3.35 x 2.56 (1011" x 84") -
First Floor Landing -
Bedroom One - 4.14 (max.) 3.16 (min.) x 3.70 (136" (max.) 104" -
Bedroom Two - 4.14 (max.) 2.32 (min.) x 2.79 (136" (max.) 77" -
Bedroom Three - 2.40 x 3.60 (710" x 119") -
Bathroom - 2.39 x 2.05 (710" x 68") -
Outside -
Integral Garage -
Rear Garden -
Tenure - Freehold
Services - Mains gas, electric and water
Council Tax Band - Dudley MBC - Band C
Epc Rating - D (64)
Broadband - According to Ofcom (the office of communications), standard/superfast/ultrafast broadband is available at this property. Further information can be found here:
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.
22 Stone Street, Dudley
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