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£260,000
Bedrooms
Bathrooms
The modern style throughout makes this an ideal property to move straight into. It is located in the heart of West Bromwich, within a great school catchment area. On your doorstep you have plenty of local amenities to choose from, including shops, restaurants and gyms. Also, Dartmouth Park is just up the road which is a great place for an evening walk.
Walking into the property you will be amazed by the care and dedication put in by the current vendors. On your right you have a good-sized reception room with a large front window. Next you have the kitchen with plenty or work top and cupboard space. You also have a downstairs WC and utility room available. But the conservatory is the real showstopper of the property, a place to relax and unwind after a hard days work, allowing plenty of natural sunlight.
Going up the stairs you have the family bathroom straight ahead which has a stand-alone bath with overhead shower. The bedrooms are good sizes with two doubles and one single. All have been decorated with neutral colours, just waiting for you to come and add your own little touches. From here you will be able to see the beautiful, landscaped garden which is a great blend of grass and slabbed areas. It is a great place to relax in the summer months. This property is a must see for anyone searching for their next forever home.
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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