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£350,000
Bedrooms
Bathrooms
Spacious 2 Bedrooms: Generously sized bedrooms, including a master with an en-suite bathroom and built-in wardrobes. Both bedrooms offer plenty of natural light and modern finishes, creating a relaxing and comfortable living space.
2 Stylish Bathrooms: The property features two sleek and modern bathrooms, including a luxurious en-suite to the master bedroom. Both are equipped with high-quality fixtures and fittings, offering a spa-like experience at home.
Open Plan Living: The bright and airy open-plan living area provides the perfect space for entertaining and relaxing. The living room seamlessly integrates with the fully fitted kitchen, complete with modern appliances and ample storage space.
Cinema Room: A dedicated cinema room, perfect for movie lovers to enjoy their favorite films in a luxurious setting with plush seating and a high-quality sound system.
Meeting Rooms: The development offers professional meeting spaces, ideal for business needs or remote working, with modern facilities and a collaborative atmosphere.
Lounge Area: A stylish and comfortable lounge space for residents to unwind, socialize, or entertain guests. The area is tastefully designed with contemporary furniture and dcor.
Gymnasium: A fully equipped gym, catering to all fitness levels, available exclusively for residents. Whether youre into cardio, weights, or strength training, this gym has everything you need.
Sauna & Steam Room: For ultimate relaxation, the development also includes a sauna and steam room, providing a perfect retreat to unwind after a long day.
Location: Snow Hill Wharf is ideally located in Birmingham city center, offering convenient access to a wide range of amenities, including shops, restaurants, and cultural attractions. The nearby Snow Hill station provides excellent transport links, including access to Birmingham New Street and direct routes to major cities.
This exceptional apartment at Snow Hill Wharf offers the best of modern city living, with fantastic amenities and a prime location that cant be beaten.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof /source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property. We use GoTo Group to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history. With effect from 1st March 2025 a non-refundable compliance fee of 40.00 + VAT per buyer / donor will be required to be paid to the GoTo Group direct when an offer is agreed and prior to a sales memorandum being issued.
EPC rating: B. Tenure: Leasehold, Length of lease (remaining): 247 years 6 months,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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