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£1,575,000
Bedrooms
Partridge Homes, the Award Winning Prestige and Luxury Agent in Solihull are delighted to offer this Five Bedroom Luxury Family Home located in the Dorridge Golden Triangle. Set behind electrically operated gates and a substantial driveway providing parking for several vehicles, this property on Avenue Road is within a one minute walk to Dorridge station.
This very well presented family home benefits from a well designed open plan luxury breakfast kitchen / dining and living room which has a range of high end integrated appliances throughout and multiple sets of bi-fold doors opening to the rear garden and patio areas. All ground floor accommodation includes underfloor heating throughout . The ground floor accommodation is completed with a play room / further sitting room, further reception room / office and bedroom with luxury en-suite and a further large luxury shower room.
To the first floor are four double bedrooms with the master bedroom benefiting from a large walk in area which can be used as a walk in wardrobe area which is accessed via a luxury en-suite. All remaining bedrooms are serviced via a large luxury family bathroom. The landscaped garden area wraps around the entire property, provide a most private aspect and also lead to a detached garage which is currently converted into a gym to the ground floor and office to the first floor. COUNCIL TAX BAND F. EPC Rating B
HALL
PLAY ROOM/SITTING ROOM 5.79m (190) x 5.59m (184)
RECEPTION ROOM/OFFICE 4.85m (1511) x 3.71m (122)
BREAKFAST KITCHEN/DINING & LIVING ROOM 13.11m (430) x 8.41m (277)
UTILITY ROOM 3.10m (102) x 2.21m (73)
BEDROOM FIVE 4.85m (1511) x 3.07m (101)
ENSUITE 2.21m (73) x 1.57m (52)
SHOWER ROOM 1.50m (411) x 1.98m (66)
FIRST FLOOR
PRINCIPAL BEDROOM 7.19m (237) x 4.29m (141)
ENSUITE 3.51m (116) x 3.20m (106)
DRESSING ROOM 4.14m (137) x 2.26m (75)
BEDROOM TWO 5.56m (183) x 4.39m (145)
BEDROOM THREE 5.79m (190) x 5.05m (167)
BEDROOM FOUR 5.64m (186) x 4.19m (139)
BATHROOM 3.25m (108) x 2.79m (92)
DETACHED GARAGE USED AS:
GYM 5.31m (175) x 3.86m (128)
STUDY/OFFICE 5.31m (175) x 3.86m (128)
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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