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£300,000
Bedrooms
Bathrooms
Situated in one of the most popular roads in Castle Bromwich, this Traditional larger style Freehold Semi-detached residence offers a blank canvas to purchasers looking to stamp their own mark on a property that is priced according to its condition and is offered for sale with NO ON-GOING CHAIN.
The property has gas fired radiator central heating and double glazing (as described), Enclosed Porch Entrance, Hallway, Through Lounge, Dining Room Extension, Kitchen, Utility with 2nd W.C., Three Double Bedrooms, Shower Room, Separate W.C., Integral Garage and gardens.
Situated in one of the most popular roads in Castle Bromwich, this Traditional larger style Freehold Semi-detached residence offers a blank canvas to purchasers looking to stamp their own mark on a property that is priced according to its condition and is offered for sale with NO ON-GOING CHAIN.
The property has gas fired radiator central heating and double glazing (as described), Enclosed Porch Entrance, Hallway, Through Lounge, Dining Room Extension, Kitchen, Utility with 2nd W.C., Three Double Bedrooms, Shower Room, Separate W.C., Integral Garage and gardens.
Ground Floor -
Enclosed Porch Entrance -
Hallway - Central heating radiator.
Through Lounge - 8.94m x 3.30m (294' x 1010') - Double glazed bay window to fore, central heating radiator, stone fireplace with inset fire, double glazed patio doors to rear garden.
Kitchen - 2.59m x 2.24m (86' x 74') - Base and wall cupboards, roll edge work surfaces, double drainer stainless steel sink, tiled splashback, window.
Dining Room Extension - 4.42m x 2.21m (146' x 73') - Two double glazed windows to rear, central heating radiator.
Side Utility Room - Doors to garage and garden, 2nd low flush W.C. and tool store off.
First Floor -
Landing - Side double glazed window, loft access.
Bedroom 1 - 4.32m x 3.35m (142' x 1113') - Double glazed window to rear, central heating radiator.
Bedroom 2 - 4.24m x 3.61m (1311' x 1110') - Double glazed bay window to fore, central heating radiator.
Bedroom 3 - 3.71m x 3.12m (122' x 103') - Double glazed window to fore, central heating radiator.
Shower Room - Fully tiled walls, free-standing shower area, Galaxy Aqua shower fitment, double glazed window.
Separate Low Flush W.C. - Double glazed window
Outside -
Integral Garage - Housing gas fired central heating boiler
Gardens - The property is set back from the roadway behind lawn and driveway.
Gated side access leads to the rear garden with patio, lawn, shrubs, greenhouse and garden shed.
Additional Information - We are advised by the seller that the property is Freehold, however this information should be verified with a legal representative.
Solihull Metropolitan Borough Council - Tax Band D.
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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