4 bedroom semi-detached for sale

£485,000

4

Bedrooms

Floorplan

OVERVIEW Located on one of the most prestigious roads in Hall Green, this charming four bedroom semi detached family residence presented to a high standard throughout includes imposing entrance hall, delightful family lounge overlooking the rear garden, generous sized dining room, fitted kitchen/breakfast room, side utility with cloakroom off and access to side garage, feature family bathroom and private rear garden with front garden/driveway for at least two vehicles.

GROUND FLOOR

PORCH having upvc double glazed entrance door with matching windows to the front and further timber entrance door to:

ENTRANCE HALL having stained glass window to the front, under stairs storage cupboard, radiator and stairs to the first floor.

DINING ROOM 15 6" x 11 6" (4.73m x 3.51m) with Adams style fireplace surround, double glazed bay window to the front, radiator and coved ceiling.

FAMILY LOUNGE 18 1" x 10 5" (5.52m x 3.18m) with double glazed picture windows overlooking the rear garden, radiator and coved ceiling.

FEATURE KITCHEN/BREAKFAST ROOM 16 4" x 10 6" (5.0m x 3.21m) being fitted with a comprehensive range of matching base and wall units with roll edge work surfaces and tiled splash backs having inset one and a half bowl sink unit, built in four ring gas hob unit and separate double oven in three quarter height height housing. There is integrated breakfast bar, plumbing for dishwasher, radiator, double glazed window to rear with glazed door at side leading to:



UTILITY ROOM 15 8" x 6 3" (4.79m x 1.92m) having plumbing washing machine, windows to side and rear and tiled flooring.

CLOAKROOM 6 3" x 4 5" (1.92m x 1.36m) having low level w.c., wash hand basin, radiator, wall mounted gas combination boiler and obscure double glazed window to the rear.

FIRST FLOOR

LANDING with radiator, double glazed window to the front and stairs to the second floor.

MASTER BEDROOM 15 11" x 9 7" min (4.86m x 2.94m) being fitted with a full length range of fitted wardrobes, radiator and double glazed bay window to the front.

BEDROOM TWO 12 4" x 10 5" (3.76m x 3.20m) with wardrobe cupboard off, radiator and double glazed window to the rear.



BEDROOM THREE 10 6" x 8 2" (3.22m x 2.50m) with double glazed window at rear and radiator.

FAMILY BATHROOM 7 8" x 6 2" (2.35m x 1.90m) being fully tiled and fitted with roll top bath, separate shower cubicle with mains fed shower, vanity wash hand basin, low level w.c., heated towel rail and obscure double glazed window to the side.

SECOND FLOOR

BEDROOM FOUR 14 9" x 12 11" (4.51m x 3.95m) with double glazed skylights to both front and rear elevations, radiator and access to under eaves storage.

OUTSIDE

SIDE GARAGE 20 10" x 10 9" (6.36m x 3.28m) with double timber doors to the front, power and light points and further door opening to the rear garden.

REAR GARDEN At rear is a private mature south facing garden having paved patio with extensive lawned area beyond having mature ornamental shrubbery borders .

TENURE We are advised by the vendors that the property is FREEHOLD (subject to verification by your solicitor).

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 402825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 39075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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