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£280,000
Bedrooms
Bathrooms
Upon entering the property, you are welcomed into a bright entrance hallway leading to a generously sized living room, perfect for relaxing or entertaining. To the rear, a contemporary kitchen and dining area overlooks the garden, offering a functional and social space ideal for family life. The ground floor layout provides a seamless flow throughout, with ample natural light and a neutral dcor that creates a warm and inviting atmosphere.
Upstairs, the property boasts three well-proportioned bedrooms including a spacious master bedroom and a modern family bathroom. The layout is both practical and versatile, easily accommodating working-from-home needs or growing families.
Externally, the property benefits from a private rear garden, perfect for summer evenings or childrens play, and a driveway to the front offering off-road parking.
Located in a quiet, residential cul-de-sac, Rischale Way enjoys excellent transport links to Walsall town centre and surrounding areas, along with nearby amenities including local shops, schools, and parks. The area is well-served by public transport, and offers a family-friendly community environment with low crime rates and fast broadband coverage.
This is a fantastic opportunity to acquire a well-maintained home in a desirable location early viewing is highly recommended.
EPC rating: C. Tenure: Freehold,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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