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£260,000
Bedrooms
Bathrooms
A really well presented Freehold Semi-detached situated on this very popular development which must be viewed internally to be fully appreciated. Gas central heating, double glazing and accommodation comprising:- Enclosed Porch, Hall, Lounge, Fitted Kitchen/Diner with built-in oven and hob, Three Bedrooms (fitted furniture to two), fully tiled Bathroom with shower, side garage and drive providing off road parking, rear garden. No on going chain.
A really well presented Freehold Semi-detached situated on this very popular development which must be viewed internally to be fully appreciated. Gas central heating, double glazing and accommodation comprising:- Enclosed Porch, Hall, Lounge, Fitted Kitchen/Diner with built-in oven and hob, Three Bedrooms (fitted furniture to two), fully tiled Bathroom with shower, Side Garage and Drive providing off road parking, rear garden.
No On-going Chain.
Ground Floor -
Enclosed Porch Entrance - Double glazed leaded light entrance door and matching double glazed sidelights, UPVC panelled and double glazed door to :-
Hallway - Central heating radiator, dark wood effect laminate floor covering.
Lounge - 4.32m x 3.86m (142' x 128') - Polished timber fire surround with marble inlay and raised hearth, double glazed bow window to fore, central heating radiator, coving to ceiling, dark wood effect laminate floor covering, Double opening Georgian style glazed doors to :-
Fitted Kitchen/Diner - 4.88m x 3.71m (160' x 122') - Range of modern fitted base and wall units with granite effect work surfaces over incorporating a one and a quarter bowl single drainer sink unit, tiled splashback, built in Diplomat stainless steel electric double oven, Diplomat black four ring gas hob and Homark cooker hood air extractor fan over. plumbing for automatic washing machine, double glazed window to rear, understairs store cupboard off, inset ceiling spotlights, ceramic tiled floor to kitchen area and light wood effect laminate flooring to the Dining Area, central heating radiator, coving to ceiling, double glazed sliding patio door to the rear garden, UPVC panelled and double glazed door to the side.
First Floor -
Landing - Spindle balustrade staircase, Honeywell central heating thermostat, central heating radiator, double glazed window to side, access to loft space with pull down aluminium sliding ladders, store cupboard off with wall mounted Vaillant gas fired combination central heating boiler.
Bedroom 1 - 4.29m x 2.74m (141 x 90') - Double glazed window to fore, range of matching fitted wardrobes, drawer units, bedside cabinets and open shelved unit, light wood effect laminate floor covering, central heating radiator.
Bedroom 2 - 3.71m x 2.49m (122' x 82') - Double glazed window to rear, central heating radiator, coving to ceiling, light wood effect laminate floor covering.
Bedroom 3 - 3.12m max x 2.06m (103' max x 69') - Double glazed window to fore, fitted chest of drawers, central heating radiator, single door built-in wardrobe off.
Bathroom - 2.29m x 1.78m (76' x 510') - Modern shell shaped suite comprising :- panelled bath, glazed shower screen, Mira Sprint electric shower over, pedestal wash hand basin, low flush W.C., central heating radiator, double glazed window to rear, grey wood effect laminate floor covering.
Outside -
Side Garage - 4.72m x 2.34m (156' x 78') - Double opening metal doors, fitted shelving, lighting and power, personal door to rear garden.
Gardens - The property is set behind an open plan fore garden with wall, lawn, shrub borders and tarmacadam drive providing offroad parking,
Wrought iron gate to paved side access and further wooden side tradesmans gate to the rear garden with paved area and raised paved patio, shaped lawn, shrub borders, greenhouse and cold water tap.
Additional Information - Tenure - We understand that the property is Freehold, however we would advise all interested parties to have this information verified by a Legal Representative.
Council Tax - Band C - 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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