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£350,000
Bedrooms
Bathrooms
A larger style Traditional Freehold Semi-Detached residence situated in a popular residential location, close to amenities. Multiple car parking facility to fore, central heating and double glazing, security alarm. Hall, Through Lounge/Dining room, extended fitted kitchen. Three double bedrooms, boarded loft area, spacious family bathroom with separate shower, well laid out rear garden, Integral Garage.
A larger style Traditional Freehold Semi-Detached residence situated in a popular residential location, close to amenities. Multiple car parking facility to fore, central heating and double glazing, security alarm, Hall, Through Lounge/Dining Room, Extended Fitted Kitchen, Three Double Bedrooms, Boarded Loft Area, Spacious Family Bathroom with Separate Shower, well laid out rear garden and Integral Garage.
Ground Floor -
Front Entrance/Hallway - Double glazed front doors, wood effect flooring, central heating radiator, understairs storage cupboards.
Through Lounge/Dining Room - 8.81m x 3.00m (2811' x 910') - Double glazed bay window to fore, wood effect flooring, 2 central heating radiators, 2 Adam style fireplaces with inset fires, double glazed French doors with side double glazed window panels to rear.
Extended Kitchen - 4.85m x 3.15m max (1511' x 104' max) - Matching base and wall units, roll edge work surfaces and breakfast bar, 1 & a quarter bowl single drainer stainless steel sink, Range style cooker with double oven/grill and 5-ring gas hob, cylindrical cooker hood air extractor fan, integrated dishwasher, partially tiled walls, central heating radiator, 2 double glazed windows, double glazed door, sunken spot light fittings to ceiling, wooden floor, recess with shelving and plumbing for automatic washing machine.
First Floor -
Landing - Access to large, boarded loft area with pull down ladder and light.
Bedroom 1 - 4.24m x 3.15m (1311' x 104') - Double glazed bay window to fore, central heating radiator.
Bedroom 2 - 4.22m x 3.02m (1310' x 911') - Double glazed window to rear, central heating radiator.
Bedroom 3 - 3.28m x 2.74m (wall tapers) (109' x 90' (wall ta - Double glazed window to fore, central heating radiator, store room off.
Family Bathroom - 3.07m x 2.49m (wall tapers) (101' x 82' (wall ta - Two wash hand basins set in vanity unit with store cupboards beneath, low flush W.C., corner jacuzzi bath, shower cubicle with glazed screen and shower fitment, partially tiled walls, chrome central heating radiator, 2 double glazed windows, air extractor fan.
Outside -
Integral Garage - Having power and lighting.
Gardens - To the fore gravel area, flower bed and tarmacadam driveway providing a multiple car parking facility.
Gated side access leads to the well laid out rear garden, front and back patio areas, lawn with borders, screen fencing, substantial garden shed.
Additional Information - Tenure - We understand that the property is Freehold, however we would advise interested parties to have this information verified by a Legal Representative.
Council Tax - Band C - Solihull Metropolitan Borough Council.
The property is fitted with a water meter.
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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