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£375,000
Bedrooms
Bathrooms
Situated in a pleasant location (just off Kingsleigh Drive) and occupying a corner position with good sized gardens is this freehold, centrally heated, double glazed, four bedroomed detached residence which is linked by a side garage.
The property briefly comprises:- Hallway, Guest Cloakroom WC, Lounge/Dining Room, Fitted Kitchen, Four Bedrooms, Shower Room and beautifully maintained Gardens.
Situated in a pleasant location (just off Kingsleigh Drive) and occupying a Corner Position with good sized gardens is this Freehold, centrally heated, double glazed, FOUR Bedroomed Detached residence which is linked by a Side Garage.
The property briefly comprises:- Hallway, Guest Cloakroom WC, Lounge/Dining Room, Fitted Kitchen, FOUR Bedrooms, Shower Room and beautifully maintained Gardens.
Ground Floor -
Canopy Porch Entrance - UPVC front door, side double glazed window panel.
Hallway - Laminate floor covering, double glazed window, central heating radiator with cover, store cupboard understairs.
Guest Cloakroom Wc - Part tiled walls, low flush WC, pedestal wash hand basin, laminate floor covering, window.
Lounge Area - 4.27m 2.44m x 3.96m 3.05m (14 8' x 13 10') - Double glazed window to fore, laminate floor covering, Adam style fireplace with inset coal effect gas fire, open archway to:-
Dining Area - 4.27m 3.35m x 3.05m 3.35m (14 11' x 10 11') - Central heating radiator, double glazed patio doors opening to pleasant rear garden.
Fitted Kitchen - 3.05m 3.35m x 2.44m 2.74m (10 11' x 8 9') - Matching fitted base and wall units, work surfaces, 1 1/4 bowl single drainer stainless steel sink, built-in double oven and 5-ring gas hob unit, part tiled walls, double glazed window, laminate floor covering, UPVC rear door.
Stairs Leading From The Hallway To:- -
First Floor -
Landing - Side double glazed window, cupboard housing gas fired central heating boiler, loft access.
Bedroom 1 - 3.96m 1.52m x 3.05m 1.83m (13 5' x 10 6') - Double glazed window to fore, central heating radiator, fitted wardrobes, laminate floor covering.
Bedroom 2 - 3.05m 1.83m x 3.05m 1.83m (10 6' x 10 6') - Double glazed window to rear, built-in wardrobes, central heating radiator.
Bedroom 3 - 3.05m 1.83m x 2.74m 1.22m (10 6' x 9 4') - Double glazed window to fore, built-in wardrobes, central heating radiator.
Bedroom Four - 2.44m 3.05m x 2.13m 0.91m (8 10' x 7 3') - Double glazed window to rear, central heating radiator.
Re-Fitted Shower Room - 1.83m 0.61m x 1.83m 2.13m (6 2' x 6 7') - Tiled walls and flooring, shower cubicle with glazed screens and shower fitment, wash hand basin with store cupboard below, low flush WC, double glazed window, central heating radiator.
Outside -
Side Garage - With metal opening door.
Good Size Well Tended Gardens - To the fore, lawn with shrubs, drive to Garage, gated side access leading to the well presented rear garden with paved and patio areas, lawns with flower and shrub borders and screen fencing.
Additional Information - Tenure - We are advised that the property is Freehold, however interested parties should verify this information with a legal representative.
Council Tax - Band E - 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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