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£355,000
Bedrooms
Bathrooms
A much improved modern Freehold Detached residence which must be viewed internally in order to be fully appreciated. Situated in a pleasant cul-de-sac located close to the Fox and Goose and all amenities. The property affords the following well presented, double glazed and centrally heated accommodation :- Enlarged porch entrance, garage conversion creating a possible 4th bedroom, Hallway, two attractive reception rooms, fitted kitchen, laundry room, guests W.C. Three upstairs double bedrooms (en-suite shower room off master), well appointed family bathroom. Outside there are well kept gardens and an off road car parking facility.
A much improved, modern Freehold Detached residencewhich must be viewed internally in order to be fully appreciated. Situated in a pleasant cul-de-sac location close to the Fox and Goose and all amenities the property affords the following, well presented double and centrally heated accomodation:- Enlarged Porch Entrance, Garage Conversion creating a possible 4th Bedroom, Hallway, Two Attractive Reception Rooms, Fitted Kitchen, Laundry Room, Guests W.C., Three Upstairs Bedrooms (en-suite Shower Room off Master), well appointed Family Bathroom. Outside there are well kept gardens and an off road car parking facility.
Ground Floor -
Enlarged Porch Entrance - Double glazed windows and double glazed entrance doors.
Hallway - Wood effect laminate flooring, vertical central heating radiator.
Garage Conversion - 4.65m x 2.24m (153' x 74') - Possible Bedroom 4 - wood effect laminate flooring, central heating radiator, double glazed window.
Lounge - 4.50m x 3.73m (149' x 123') - Double glazed bay window to fore, wood effect laminate flooring, brickette fireplace, log effect gas fire fitted, door to:-
Dining Room - 4.29m x 2.77m (141' x 91') - Wood effect laminate flooring, central heating radiator, double glazed doors to rear garden.
Fitted Kitchen - 3.61m x 2.41m (1110' x 711') - Matching fitted base and wall units, roll edge work surfaces, 1 & 1/4 bowl single drainer stainless steel sink, built-in oven and 4-ring gas hob unit with cylindrical cooker hood air extractor fan above, partially tiled walls, double glazed window, central heating radiator, wood effect laminate flooring, door to :-
Utility Room - 1.80m x 1.78m (511' x 510') - Wood effect laminate flooring, central heating radiator, plumbing for automatic washing machine, Worcester wall mounted gas fired central heating boiler, double glazed window and door to rear garden.
Guests W.C. - Wood effect flooring, low flush w.c., double glazed window, central heating radiator.
First Floor -
Landing - Linen cupboard, access to insulated loft area.
Bedroom 1 - 4.55m x 3.81m (1411' x 126') - Double glazed window to fore, fitted mirror fronted wardrobes to one wall, central heating radiator.
En-Suite Shower Room Off - Shower area in tiled surround with shower fitment, pedestal wash hand basin, low flush w.c., double glazed window and central heating radiator.
Bedroom 2 - 3.96m 0.00m x 3.38m max (13 0' x 111' max) - 2 double glazed windows to rear, central heating radiator.
Bedroom 3 - 4.29m max x 2.36m (141' max x 79') - Double glazed window to fore, central heating radiator.
Well Appointed Family Bathroom - 3.12m x 2.03m (103' x 68') - Full height complimentary tiling to walls, panelled bath with over bath shower fitted, pedestal wash hand basin, low flush w.c., double glazed window, central heating radiator.
Outside -
Neat Gardens - To fore lawn and driveway to side providing off road parking.
Gated side access leads to the rear garden with paved patio, water tap, lawn, shrub borders, two garden sheds.
Additional Information - Tenure - We are advised that the property is Freehold, however, interested parties should verify this information with a legal representative.
Council Tax - Tax Band D - Birmingham City Council.
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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