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£350,000
Bedrooms
Bathrooms
A much improved larger style Traditional Freehold Semi-detached residence situated in a sought after road. Central heating, and double glazing, Enclosed Porch Entrance, Hallway, Two Reception Rooms, enlarged spacious fitted Kitcehn with 2nd W.C. off, Utility Room extension, Three double bedrooms, well appointed Shower Room, integral garage, multiple car parking facility to fore, well laid out rear garden overlooking field to rear.
A much improved larger style Traditional Freehold Semi-detached residence situated in a sought after road. Central heating, double glazing, Enclosed Porch Entrance, Hallway, Two Reception Rooms, Enlarged Spacious Fitted Kitchen with 2nd W.C. off, Utility Room Extension, Three Double Bedrooms, Well Appointed Shower Room, Integral Garage, Multiple Car Parking Facility to fore and well laid out rear garden overlooking field to rear.
Ground Floor -
Enclosed Porch Entrance - UPVC entrance door, side double glazed window panel.
Reception Hall - Double glazed front door, wood effect flooring, central heating radiator, understairs store cupboard.
Lounge - 4.22m x 3.30m (1310' x 1010') - Double glazed bay window to fore, wood effect flooring, central heating radiator, Adam style fireplace with inset fire.
Dining Room - 4.42m x 3.28m (146' x 109') - Wood effect flooring, central heating radiator, coal effect inset fire, double glazed French and side window panels to rear.
Enlarged Fitted Kitchen - 4.01m x 2.69m (132' x 810') - Array of fitted base and wall units, ample work surfaces, one and-a-quarter bowl single drainer stainless steel sink unit, built-in oven and 4 ring ceramic hob unit with cylindrical cooker hood air extractor fan above, complimentary tiled splashbacks, double glazed skyline window, tiled floor covering.
2nd W.C. -
Utilty Room Extension - 4.60m x 2.26m (151 x 75') - Tiled floor covering, central heating radiator, two double glazed windows, cupboard housing Worcester combination gas fired central heating boiler, double glazed door to rear garden.
First Floor -
Landing - Spindle balustraded staircase leading from the Hallway, side double glazed window, access to insulated loft with loft ladder and light.
Bedroom 1 - 4.39m x 3.30m (145' x 1010') - Full height fitted wardrobes to one wall, double glazed bay window to fore, central heating radiator, laminate floor covering.
Bedroom 2 - 4.37m x 3.30m (144' x 1010') - Laminate floor covering, double glazed window to rear, central heating radiator.
Bedroom 3 - 4.11m x 3.56m (136 x 118') - Laminate floor covering , double glaed window to fore, central heating radiator.
Well Appointed Shower Room - 2.49m x 2.26m (82' x 75' ) - Tiled and UPVC clad walls, double walk in shower area with glazed screen and shower fitment, wash hand basin with store cupboard beneath, low flush w.c., towel radiator, double glazed window, sunken ceiling spotlight fittings, tall store cupboard, air extractor fan.
Outside -
Integral Garage - 4.65m x 2.24m (153 x 74') - Power and lighting.
Gardens - Block paved driveway to fore providing a mutiple car parking facility.
Gated side access with water tap leads to the well laid out rear garden designed for ease of maintenance with patio areas, artificial lawn, screen fencing. The garden overlooks a field to the rear.
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.
Map location is not available for this property.
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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