3 bedroom detached for sale

£390,000

3

Bedrooms

1

Bathrooms

Floorplan

FINE FAMILY HOME MUST BE SEEN Located at this QUIET CUL-DE-SAC ADDRESS close to local schools, shops and amenities this MUCH IMPROVED traditional detached family home must be viewed to be fully appreciated. Set behind a DRIVEWAY providing parking for at least two cars, the property is accessed via a porch opening into a wonderfully welcoming ENTRANCE HALL. Doors lead off to an attractively presented LOUNGE to the front and DINING ROOM to the rear overlooking the rear garden, with KITCHEN to the side. An generous integral side garage housing a UTILTY AREA and WC completes the ground floor, whilst to the first floor there are two DOUBLE BEDROOMS, further GOOD SIZED third bedroom and STYLISH HOUSE BATHROOM. Outside, there is a GENEROUS REAR GARDEN offering the ideal space to relax and unwind during the summer months. FREEHOLD - EPC=C - COUNCIL TAX=D

CALL TO BOOK YOUR PERSONAL VIEWING OR BOOK ON-LINE 24/7 VIA OUR WEBSITE

Porch -

Entrance Hall -

Lounge - 5.30 x 3.51 (174' x 116') -

Dining Room - 4.09 x 3.50 (135' x 115') -

Kitchen - 2.87 x 2.42 (94' x 711') -

First Floor Landing -

Bedroom One - 5.49 x 3.50 (180' x 115') -

Bedroom Two - 4.08 x 3.50 (134' x 115') -

Bedroom Three - 2.64 x 2.43 (87' x 711') -

Bathroom - 2.85 x 2.38 (94' x 79') -

Garage - 7.30 x 2.03 (2311' x 67') -

Wc -

Outside -

Rear Garden -

Tenure - Freehold

Services - Mains gas, water and electric

Council Tax Band - Dudley MBC - Band D

Epc Rating - C (69)

Broadband - According to Ofcom (the office of communications), standard/superfast/ultrafast broadband is available at this property. Further information can be found here:

Virtual Tour Link -

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

£ 324450

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
    £ 9750
  • 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

£ 31950
  • 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

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£
  %

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

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  %

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

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