Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£210,000 Guide Price
Bedrooms
Bathrooms
Stunning top floor apartment situated within walking distance to Solihull and all of its fantastic amenities. A fabulous lock up and leave, investor or first time buyer opportunity! Viewings are absolutely essential.
Details
A beautifully presented top floor apartment situated on the corner of Dingle Lane and Whitefields Road, a fantastic position for all the amenities Solihull has to offer.
The neutrally presented apartment in brief affords hallway with intercom system and two useful store cupboards. The light and airy open plan lounge/dining/kitchen has a dormer and skylight window allowing natural light to flood in. There is ample room for living and dining room furniture. The white high gloss kitchen has integrated appliances to include fridge/freezer, oven and hob with extractor fan over, dishwasher and washer/dryer. The large double bedroom again is light due to two skylight windows and space for a double bed and has built in wardrobes. To complete this lovely apartment is the spacious four piece bathroom.
Outside
The apartment benefits from one secure underground parking space and the use of the communal grounds.
Viewings
At short notice with DM & Co. Homes on or by email .
General Information
Planning Permission & Building Regulations: It is the responsibility of Purchasers to verify if any planning permission and building regulations were obtained and adhered to for any works carried out to the property.
Tenure: We are advised by the vendor that the property is Leasehold with 110 years remaining and with vacant possession upon completion. However, we would advise that you check this with your legal advisor before exchanging contracts.
Ground Rent: 400 per annum.
Service Charge: 1,496.06 per annum.
Services: All mains services are connected to the property. However, it is advised that you confirm this at point of offer.
Local Authority: Solihull Metropolitan Borough Council.
Council Tax Band: D.
Other Services
DM & Co. Homes are pleased to offer the following services:-
Residential Lettings: If you are considering renting a property or letting your property, please contact the office on .
Mortgage Services: If you would like advice on the best mortgages available, please contact us on .
Want To Sell Your Property?
Call DM & Co. Homes on to arrange your free no obligation market appraisal and find out why we are Solihulls fastest growing Estate Agency.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
