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£675,000
Bedrooms
''SALE AGREED.....SIMILAR PROPERTIES REQUIRED'' This STUNNING immaculately maintained FIVE BEDROOM DETACHED FAMILY HOME must be viewed internally to appreciate the condition and size. The property was built by Crest Nicholson in 2014 on a small development adjacent to and overlooking parkland perfect for the family. Done to a high standard the property comprises of living room, dining room, kitchen diner, guest w/c, five bedrooms, master bedroom with dressing area and en-suite, family bathroom, rear garden, double side garage, and off road parking. What more could you want!!!
Approach
The property is approached with driveway leading to double garage and door leading to entrance hallway.
Entrance Hallway
This spacious, bright, airy, hallway sets the tone for the rest of the property. With doors leading off to living room, dining room, guest w/c, kitchen, and downstairs cloakroom, stairs leading to first floor accommodation, and central heating radiator.
Dining Room 3.96m (130) x 2.72m (811)
Having double glazed window to side and rear, central heating radiator, and space for dining table and chairs.
Guest W/C 2.24m (74) x 1.12m (38)
Fitted with wash hand basin with mixer tap over, w/c, tiling to splash prone areas, central heating radiator, and obscure double glazed window to side.
Living Room 5.51m (181) x 3.38m (111)
This bright room has double glazed windows to rear, double glazed doors to rear garden, and central heating radiator.
Luxury Fitted Kitchen 5.74m (1810) x 5.89m (194)
This stunning and spacious kitchen has been fitted with a range of wall, drawer, and base level units with work surface over incorporating one and half bowl sink with drainer and mixer tap over, integrated white goods, double oven, central island with electric hob and extractor hood over and space for stalls, two central heating radiator, double glazed windows to front, and double glazed doors to rear garden.
First Floor Accommodation
Landing
Having doors leading to bedrooms, and bathroom and access to loft.
Bedroom One 4.24m (1311) x 3.15m (104)
Having double glazed window to front, central heating radiator, access to walk in wardrobe area with fitted wardrobes and door leading en suite.
Walk In Wardrobe Area 2.54m (84) x 1.65m (55)
Having fitted wardrobes, central heating radiator, double glazed window to side, and door leading to guest w/c.
En Suite 3.00m (910) x 1.88m (62)
Fitted with bath with shower over, wash hand basin, w/c, shower unit, tiling to splash prone areas, central heating towel rail, and obscure double glazed window to front.
Bedroom Two 4.60m (151) x 2.64m (88)
Having three double glazed windows the front and central heating radiator.
Bedroom Three 4.78m (158) x 2.64m (88)
Having two double glazed windows to side and rear, and central heating radiator.
Bedroom Four 3.53m (117) x 2.67m (89)
Having double glazed window to rear and central heating radiator.
Bedroom Five 5.54m (182) x 2.64m (88)
Having two double glazed windows to front, and central heating radiator.
Family Bathroom 3.05m (100) x 1.65m (55)
Fitted with bath with shower over, wash hand basin, w/c, shower unit, tiling to splash prone areas, central heating towel rail, and obscure double glazed window to rear.
Outside
Rear Garden
Mainly laid to lawn with paved patio area, fencing to boundaries, gated access leading to front, and door leading to side garage.
Side Garage
Having double garage doors leading to front.
Location
St. Phillips Grove is well served by the convenience stores at Bentley Heath and excellent local schools including Bentley Heath Primary and Arden Academy. On the outskirts of Dorridge, having always been considered one of the most sought after villages, located on the edge of open countryside and is only a few minutes drive from Solihull Town Centre with its unrivalled amenities. Dorridge contains an excellent selection of local shops, highly thought of Junior and Infant School, a most useful Station with commuter services not only to Birmingham, but also to London (Marylebone) and regular bus services to Knowle High Street and Solihull Town Centre. In addition, Dorridges natural park is close by and the local village of Knowle is only 1 miles distant. The National Exhibition Centre, Birmingham International Airport and Railway Station are an approximate 15 minute drive. The M42 provides fast links to the M1, M5, M6 and M40.
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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