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£380,000 Fixed Price
Bedrooms
Bathrooms
A Traditional, Freehold Semi-detached residence which has been equipped to suit a growing family, creating FOUR Bedrooms (one having an En-suite Shower Room off), Through Lounge and Garage Conversion currently being used as a 2nd Reception Room, but could possibly be used as a downstairs (5th) Bedroom. Hallway, Conservatory with underfloor heating, fitted Kitchen (including oven and hob), Utility, Downstairs W.C., Family Bathroom with Shower, gas fired radiator central heating, double glazing, security alarm, block-paved driveway to fore providing a multiple car parking facility and a good size rear garden. The property is situated close to amenities.
A Traditional, Freehold Semi-detached residence which has been equipped to suit a growing family, creating FOUR Bedrooms (one having an En-suite Shower Room off), Through Lounge and Garage Conversion currently being used as a 2nd Reception Room, but could possibly be used as a downstairs (5th) Bedroom. Hallway, Conservatory with underfloor heating, fitted Kitchen (including oven and hob), Utility, Downstairs W.C., Family Bathroom with Shower, gas fired radiator central heating, double glazing, security alarm, block-paved driveway to fore providing a multiple car parking facility and a good size rear garden. The property is situated close to amenities.
Ground Floor -
Enclosed Porch Entrance - Double glazed entrance door with side window panels.
Hallway - Laminate floor covering.
Through Lounge/Dining Room - 8.23m 3.35m x 3.05m 0.91m (27 11' x 10 3') - Double glazed bay window to fore, 2 central heating radiators, laminate floor covering, log burner, double glazed French doors to rear garden.
2nd Reception Room - 2.74m 3.05m x 1.83m 2.44m (9 10' x 6 8') - (Garage Conversion)
Laminate floor covering, central heating radiator, double glazed window and double glazed door to front.
Fitted Kitchen - 4.27m 0.00m x 2.44m 1.83m (14 0' x 8 6') - Matching base and wall units, granite work surfaces, 1 1/4 bowl sink, built-in oven, 4 ring hob unit, cylindrical cooker hood air extractor fan, tiled splashbacks, cupboard housing Worcester gas fired central heating boiler, sunken spot light fittings to ceiling.
Utility Room - Laminate floor covering.
2nd W.C. off.
Door to 2nd reception room.
Domed Rear Conservatory - 3.96m 1.22m x 3.35m 3.05m (13 4' x 11 10') - Benefitting from underfloor heating, tiled floor covering, double glazed windows and double glazed doors to rear garden.
Stairs With Spindled Balustrade Leading From The H -
First Floor -
Landing - Double glazed window, central heating radiator.
Bedroom 1 - 3.96m 1.83m x 2.74m 3.35m (13 6' x 9 11') - Double glazed bay window to fore, fitted wardrobes, central heating radiator.
Bedroom 2 - 3.66m 1.52m x 3.05m 0.91m (12 5' x 10 3') - Double glazed window to rear, fitted wardrobes, central heating radiator.
Bedroom 3 - 4.27m 0.61m x 1.83m 2.74m (14 2' x 6 9') - Double glazed window to fore, central heating radiator.
En-Suite Shower Room Off - Shower cubicle with glazed screens and shower fitment, pedestal wash hand basin, low flush w.c., tiled floor, fully tiled walls, double glazed window, sunken spot light fittings to ceiling.
Family Bathroom - 1.83m 2.74m x 1.83m 1.83m (6 9' x 6 6') - Panelled bath with Opal over bath shower fitted, glazed shower screen, pedestal wash hand basin, low flush w.c., fully tiled walls, chrome central heating radiator, double glazed window, tiled floor covering.
Stairs Leading Off The First Floor Landing To:- -
Bedroom 4 - 4.57m 1.52m x 3.96m 1.22m (15 5' x 13 4') - (Loft Conversion)
Fitted wardrobes, double glazed skylight windows, storage cupboards.
Outside -
Gardens - Block-paved to fore providing a multiple car parking facility, side acess to rear garden.
The rear garden has timber decking and paved patio areas, lawn and screen fencing.
Additional Information - Tenure - We understand that the property is Freehold, however we would advise interested parties to have this information verified by a Legal Representative.
Council Tax - Band D - Solihull MBC.
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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