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£345,000
Bedrooms
Bathrooms
A well presented Freehold, centrally heated, double glazed, Three Bedroomed Detached residence. Central heating, double glazing, Lounge, Fitted Kitchen/Dining Room, Conservatory, Laundry Room, Fitted Guest Cloakroom, Shower Room, Side Garge, good size and well laid out gardens.
Internal viewing is strongly recommended.
A well presented Freehold, centrally heated, double glazed, Three Bedroomed Detached residence. Central heating, double glazing, Lounge, Fitted Kitchen/Dining Room, Conservatory, Laundry Room, Fitted Guest Cloakroom, Shower Room, Side Garge, good size and well laid out gardens.
Internal viewing is strongly recommended.
Ground Floor -
Canopy Porch Entrance/Hallway - Grey wood effect flooring, stairs with side hand rails leading off to First Floor.
Lounge - 3.94m x 3.28m (1211' x 109') - Double glazed bow window to fore, grey wood effect flooring, 2 central heating radiators, feature coated fireplace with coal effect fire.
Dining Area - 3.33m x 2.59m (1011' x 86') - Grey wood effect flooring, sunken spot light fittings to ceiling.
Conservatory Area - 2.84m x 2.69m (94' x 810') - Grey wood effect flooring, power and lighting, central heating radiator, double glazed windows and double glazed door leading to pleasant rear garden.
Fitted Kitchen Area - 3.33m x 2.59m (1011' x 86') - Modern fitted base and wall units, roll edge worksurfaces and breakfast bar, single drainer sink, splashbacks, built-in oven and ceramic hob unit, cylindrical cooker hood air extractor fan, double glazed window, sunken spot light fittings to ceiling, larder cupboard.
Laundry Room - 2.41m x 1.96m (711' x 65') - Vertical central heating radiator, fitted base and wall cupboards, roll edge worksurfaces, single drainer sink, Baxi wall mounted gas fired central heating boiler, double glazed window and double glazed door to rear garden, also access to garage and:-
Fitted Guests Cloakroom - Low flush w.c., inset wash hand basin with cupboard below, vertical central heating radiator, double glazed window.
First Floor -
Landing - Double glazed window, linen cupboard, loft access.
Bedroom 1 - 3.94m x 3.28m (1211' x 109') - Double glazed window to fore, full height wardrobes to one wall, central heating radiator.
Bedroom 2 - 2.79m x 2.69m (92' x 810') - Double glazed window to rear, central heating radiator.
Bedroom 3 - 2.69m x 2.03m (810' x 68') - Double glazed window to rear, central heating radiator.
Shower Room - Double shower cubicle with shower fitment and glazed screen, wash hand basin with store cupboards beneath, low flush w.c., vertical central heating radiator, double glazed window, sunken spot ligt fittings to ceiling.
Outside -
Side Garage -
Good Size Well Laid Out Gardens - To the fore there is lawn and a large driveway providing a multiple car parking facility.
Gated side access leads to the pleasant rear garden area with patio, lawn, attractive flower beds, gravel area, 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 D - Solihull Metropolitan Borough 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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