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£475,000
Bedrooms
Bathrooms
Looking for a bungalow in Atherstone? Wanting a double garage? How about a gated driveway? Maybe even a large and private rear garden? Well, this property is most definitely going to be the one that ticks all of your boxes.
Entering the property through the electric double security gates, the first thing you will notice is just how big the driveway is. A double garage with inspection pit and parking for several cars you really arent going to struggle for space when those visitors come round.
The property itself boast an abundance space and position is really what draws you in. The lounge is a truly fantastic size. Sitting at over 23 feet long and 11 feet wide its not hard to picture yourself sitting back with all the family as you look out on to the stunning rear garden. The newly fitted kitchen is a culinary delight. A stylish design paired with complimentary work surfaces provide a sophisticated touch while boasting integrated modern appliances. The bedrooms are all double bedrooms and each one again, looks out over the garden for a truly peaceful nights sleep. There are two bathrooms, one being a shower room and the other a full family bathroom, a kitchen, and a large utility.
The space however does not stop there, the basement of this property is truly something to behold. Like a great maze, the more you walk around the basement the more space and rooms you discover. If you are someone with a big imagination, then the possibilities for this basement are endless! Or, if you are simply someone who has a lot of belongings and are wondering where to put them all, then Witherley Road has got you covered.
Now lets talk about the showstopper that is, the rear garden. A truly beautiful garden with raised patio areas and plenty of lawn too. Backing on to school fields means that the garden at Witherley Road is extremely private so come those summer evenings when the BBQ is rolled out and the gatherings commence, Witherley Road is the perfect location!
If you are purchasing with the educational needs of your children in mind then you will be pleased to know that Witherley Road sits approximately 0.1 miles from The Queen Elizabeth Academy, 0.1 miles from OneSchool Global UK, 0.2 miles from Outwoods Primary School, and approximately 0.3 miles from St Benedicts Catholic Primary Academy.
Commuting wise, Witherley Road sits approximately a 21-minute drive from Tamworth Town Centre, 27 minutes from Lichfield City Centre, 31 minutes from Birmingham City Centre, and approximately a 31-minute drive from Coventry City Centre. For commuting via rail to London there are direct trains from Atherstone or Nuneaton.
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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