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£275,000
Bedrooms
Bathrooms
A really well presented Freehold End Terraced residence occupying a corner plot at the head of a cul-de-sac and offering great potential to extend subject to the usual planning consent. The centrally heated and double glazed accommodation comprises:- Canopy Porch, Hall, Through Lounge/Dining Room, superb re-fitted Kitchen/Breakfast Room with built-in oven, hob, fridge and freezer, Three Good Size Bedrooms, Bathroom with Shower. Outside the wide plot offers a driveway providing off road parking, good size rear garden, Office/Man Cave.
Viewing is highly recommended.
A really well presented Freehold End Terraced residence occupying a corner plot at the head of a cul-de-sac and offering great potential to extend subject to the usual planning consent. The centrally heated and double glazed accommodation comprises:- Canopy Porch, Hall, Through Lounge/Dining Room, superb re-fitted Kitchen/Breakfast Room with built-in oven, hob, fridge and freezer, Three Good Size Bedrooms, Bathroom with Shower. Outside the wide plot offers a driveway providing off road parking, good size rear garden, Office/Man Cave.
Viewing is highly recommended.
Ground Floor -
Canopy Porch -
Hall - UPVC panelled and double glazed entrance door with matching sidelight, central heating radiator, inset ceiling spotlights.
Stairs rising to the First Floor.
Lounge/Dining Room - 6.40m 0.61m x 3.05m 3.05m max 3.35m 0.00m min (21 - Feature recessed fireplace with inset wood mantle and slate hearth incorporating a solid fuel log burner, double glazed windows to front and side, coving to ceiling, two central heating radiators, wood flooring.
Re-Fitted Kitchen/Breakfast Room - 4.88m 0.91m x 2.44m 2.13m (16 3' x 8 7') - An excellent range of modern fitted base and wall units, granite work surfaces, 1 & a quarter stainless steel sink unit, fitted breakfast bar with glass top, built-in stainless steel double oven, five ring gas hob and cooker hood air extractor fan over, integrated fridge/freezer, central heating radiator, inset ceiling spotlights, UPVC panelled and double glazed door to rear garden, useful understairs store cupboard, walk-in store cupboard/utility with plumbing for automatic washing machine and dishwasher, wall mounted Vaillant gas fired combination central heating boiler, double glazed window, power and overhead light. Double glazed French doors to rear garden.
First Floor -
Landing - Access to mainly boarded loft via pull down wooden ladder with two overhead lights, inset ceiling spotlights, double door store cupboard with top boxes over.
Bedroom 1 - 4.22m x 3.38m (1310' x 111') - Central heating radiator, double door built-in store cupboard, double glazed window,
Bedroom 2 - 3.94m x 2.87m max 2.36m min (1211' x 95' max 79 - Central heating radiator, double glazed window.
Bedroom 3 - 3.07m x 2.16m (101' x 71') - Double glazed window, central heating radiator.
Re-Fitted Bathroom - 2.39m x 1.73m (tapered wall) (710' x 58' (tapere - Modern white suite : - panelled bath with chrome shower bar over and rainfall shower head, folding glazed shower screen, vanity unit with wash hand basin over, low flush w/c. Chrome towel radiator, inset ceiling spotlights, two UPVC double glazed windows, full height tiling to two walls.
Outside - The property is set behind a walled fore garden with black wrought iron railings and double opening black wrought iron gates, stone chipped driveway providing off-road parking, lawn, shrub borders. Gated side tradesmans entrance gives access to the wide, mainly lawned rear garden with conifers, shrubs, raised decking area, triangular garden shed/store, cold water tap, security light and fencing. Access to the :-
Office/Man Cave - 4.62m x 2.51m (152' x 83') - Formerly the garage. Double glazed French doors to the rear garden, double glazed window to fore, power, inset ceiling spotlights, electric panel radiator.
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 B - 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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