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£315,000
Bedrooms
Bathrooms
Situated in a popular residential location, this Traditional, Freehold Semi-detached residence is set back behind a service road and offers good flexible accomodation with potential for alteration to suit family needs.
The central heating system is relatively new and the property also has double glazing, a re-fitted Kitchen and Bathroom with shower and a Separate W.C., Enclosed Porch Entrance, Hallway, Two Reception Rooms, Conservatory, Three Good Size Bedrooms (fitted wardrobes in two), Utility Room with 2nd W.C. off at the rear of the Garage with adjoining Workshop, good size rear garden and Multiple Parking Facility to fore.
Situated in a popular residential location, this Traditional, Freehold Semi-detached residence is set back behind a service road and offers good flexible accomodation with potential for alteration to suit family needs.
The central heating system is relatively new and the property also has double glazing, a re-fitted Kitchen and Bathroom with shower and a Separate W.C., Enclosed Porch Entrance, Hallway, Two Reception Rooms, Conservatory, Three Good Size Bedrooms (fitted wardrobes in two), Utility Room with 2nd W.C. off at the rear of the Garage with adjoining Workshop, good size rear garden and Multiple Parking Facility to fore.
Ground Floor -
Fully Enclosed Porch Entrance - Double glazed entrance door and matching window panels.
Hallway - Central heating radiator, 2 understairs cupboards.
Front Reception Room - 4.88m 0.91m x 3.35m 0.91m (16 3' x 11 3') - Double glazed bay window to fore, central heating radiator, Adam style fireplace, coal effect gas fire fitted.
Rear Reception Room - 3.35m 2.44m x 2.74m 1.52m (11 8' x 9 5') - Central heating radiator, sliding double glazed patio doors opening to:-
Conservatory - 2.74m 3.05m x 2.74m 0.61m (9 10' x 9 2') - Laminate floor covering, central heating radiator, double glazed windows and doors to rear garden.
Re-Fitted Kitchen - 3.05m 3.05m x 2.44m 3.05m (10 10' x 8 10') - Tiled floor covering, matching base and wall units, roll edge worksurfaces, single drainer stainless steel sink, complimentary tiled splashbacks, central heating radiator, double glazed window, door to:-
Utility Room - 4.88m 0.30m x 2.13m 2.44m (16 1' x 7 8') - Tiled floor covering, fitted base and wall units, roll edge worksurface, single drainer stainless steel sink, plumbing for domestic appliances, tiled splashbacks, double glazed door to rear garden, further doors to workshop, side garage and:-
2nd Low Flush W.C. - Tiled floor covering.
Workshop - 4.88m 1.22m x 2.74m 0.30m (16 4' x 9 1') - Power and lighting.
Stairs with spindled balustrade leading from the hallway to:-
First Floor -
Landing - Side double glazed window, access to part boarded and insulated loft area with loft ladder and light.
Bedroom 1 - 5.18m 0.30m x 2.74m 1.52m (17 1' x 9 5') - Double glazed bay window to fore, fitted his and hers wardrobes with top cupboards above, fitted headboard and bedside cabinets, central heating radiator.
Bedroom 2 - 3.05m 3.35m x 2.74m 1.22m (10 11' x 9 4') - Double glazed window to rear, fitted wardrobes, chest of drawers and bedside cabinets, central heating radiator.
Bedroom 3 - 2.44m 1.83m x 2.13m 3.35m (8 6' x 7 11') - Double glazed window to fore, central heating radiator.
Re-Fitted Bathroom - Fully tiled walls, tiled floor covering, panelled bath, wash hand basin with store cupboards beneath, shower cubicle with glazed screen and Triton shower fitment, central heating radiator, double glazed window, cupboard housing Worcester gas fired central heating combination boiler.
Separate Low Flush W.C. - Fully tiled walls, double glazed window.
Outside -
Side Garage - 6.10m 0.91m x 2.44m 0.91m (20 3' x 8 3') - With metal up and over door.
Gardens - To fore, predominately tarmaccadomed driveway providing a multiple off road car parking facility.
At the rear, patio, lawn, raised pond and shrub borders.
Additional Information - Tenure - We understand that the property is Freehold, however we would recommend interested parties to have this information verified with a Legal Representative.
Council Tax - Band D - Solihull Metropolitan Borough Council.
'' Please note that the property is fitted with a water meter.
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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