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£360,000
Bedrooms
Bathrooms
Immaculate Freehold Detached residence, situated in a pleasant cul-de-sac location. The property benefits from central heating and double glazing. Hallway, Fitted Guests Cloakroom, Two Reception Rooms, Spacious Fitted Kitchen, FOUR Bedrooms, En-suite Shower Room, Family Bathroom, Integral Garage and gardens.
Very realistically priced for a quick sale.
NO ON-GOING CHAIN.
Immaculate Freehold Detached residence, situated in a pleasant cul-de-sac location. The property benefits from central heating and double glazing. Hallway, Fitted Guests Cloakroom, Two Reception Rooms, Spacious Fitted Kitchen, FOUR Bedrooms, En-suite Shower Room, Family Bathroom, Integral Garage and gardens.
Very realistically priced for a quick sale.
NO ON-GOING CHAIN.
Ground Floor -
Recessed Porch Entrance -
Hallway - Central heating radiator, access doors to garage and:-
Fitted Guests Cloakroom - Low flush w.c., pedestal wash hand basin with tiled splashback, central heating radiator, tiled floor covering, window.
Dining Room - 4.39m x 2.69m (145' x 810') - Double glazed bay window to front, carpet as laid, central heating radiator.
Lounge - 5.08m x 3.30m (168' x 1010') - Double glazed French doors and side window panels to rear, carpet as laid, central heating radiator.
Spacious Fitted Kitchen - 3.81m x 3.07m (126' x 101') - Matching fitted base and wall units, work surfaces, 1 and 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, central heating raadiator, tiled floor covering, sunken spot light fittings to ceiling, double glazed French doors and side window panels to rear.
First Floor -
Landing - Double glazed window, carpet as laid, store cupboard, loft access.
Bedroom 1 - 4.14m x 3.89m (137' x 129') - Double glazed window to front, carpet as laid, central heating radiator.
En-Suite Shower Room - 2.46m x 1.17m (81' x 310') - Part tiled walls, shower area with glazed screens and shower fitment, wash hand basin, low flush w.c., chrome central heating radiator, double glazed window.
Bedroom 2 - 3.86m x 3.73m (128' x 123') - Double glazed window to rear, carpet as laid, central heating radiator.
Bedroom 3 - 3.89m x 2.74m (129' x 90') - Double glazed window to rear, carpet as laid, central heating radiator.
Bedroom 4 - 3.99m x 2.59m (131' x 86') - Double glazed window to fore, carpet as laid, central heating radiator.
Family Bathroom - Panelled bath, overbath shower fitted, glazed shower screen, pedestal wash hand basin, low flush w.c., double glazed window, chrome central heating radiator, part tiled walls, tiled floor covering.
Outside -
Integral Garage - 5.28m x 2.54m (174' x 84') - Housing the gas fired central heating boiler.
Gardens - To the fore, lawn and tarmacadam driveway providing off road car parking.
Gated side access leads tothe rear garden with patio, lawn, garden shed and screen fencing.
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 E - 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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