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£200,000 OIRO
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This stunning two-bedroom flat is located in the desirable area of Dickens Heath, Solihull in the West Midlands. Situated on the first floor of a modern apartment block, this property offers a stylish and contemporary living space. Currently priced at 200,000.00, this flat presents an excellent opportunity for first-time buyers, professionals, or investors looking for an appealing property in a sought-after location.Upon entering the flat, you are greeted by a spacious hallway, providing access to all rooms within the property. The open-plan living and dining area boasts an abundance of natural light, thanks to the large windows. This space is perfect for both relaxing and entertaining, offering ample room for comfortable seating and a dining table for hosting friends and family. The neutral decor throughout creates a light and airy atmosphere, accentuating the modern features of the flat.The kitchen is newly fitted in late October and well-appointed with integrated appliances, including a gas cooker, oven, fridge/freezer, and dishwasher, making meal preparation a breeze. The abundance of storage space, in the form of sleek fitted cabinets and drawers, ensures a clutter-free and organized culinary experience.The master bedroom is generously proportioned and features a built-in wardrobe, offering plenty of storage options. Additionally, the master bedroom benefits from a newly fitted ensuite bathroom, complete with a walk-in shower, sink, and toilet. The second bedroom, also spacious, is perfect for accommodating guests or alternatively, it could function as a home office or a hobby room. Both bedrooms have large windows, allowing plenty of natural light to fill the space.The flats main bathroom is a well-appointed, newly fitted and modern facility that consists of a bathtub, overhead shower, sink, and toilet. The tiled walls and high-quality fixtures give this bathroom a luxurious feel, providing a peaceful retreat to unwind and relax.The homeowner has agreed to include the white goods within the sale price.Additional features of this property include a spacious and private loft space for storage, gas central heating, double glazing, and private allocated parking, ensuring both comfort and convenience.Dickens Heath itself is a vibrant and well-connected area, offering a range of local amenities, including shops, restaurants, cafes, and a supermarket, all within walking distance. The nearby railway station of Whitlocks End provides excellent transport links to Birmingham city center, Birmingham International Airport, and the wider West Midlands area.Detailed Description of Things to Do in Solihull, West Midlands:Solihull is a vibrant and thriving area in the heart of the West Midlands, offering a wealth of activities, attractions, and amenities for residents and visitors alike. Here are just a few of the things to see and do in Solihull:1. Touchwood Shopping Centre: Located in the bustling town center, Touchwood Shopping Centre is a shoppers paradise, featuring a range of high-street retailers, boutique shops, and independent stores. With a variety of cafes and restaurants, there are plenty of options for a leisurely break or a delicious meal after a day of shopping.2. Brueton Park: This expansive green space offers a peaceful retreat from the urban hustle and bustle. With beautiful walking paths, serene lakes, and picturesque gardens, Brueton Park is the perfect spot for a leisurely stroll, a picnic, or simply enjoying the tranquility of nature.3. Tudor Grange Park: Known for its sports facilities, Tudor Grange Park offers a wide range of outdoor activities. From tennis and football to skateboarding and cycling, theres something to suit everyones interests. The park also hosts various events throughout the year, including music festivals and funfairs.4. National Motorcycle Museum: Just a short distance away from Solihull, the National Motorcycle Museum is a must-visit for motorcycle enthusiasts. With an impressive collection of over 1,000 motorcycles, including vintage and rare models, the museum provides a fascinating insight into the history of this iconic mode of transport.5. Solihull Arts Complex: For those who appreciate the arts, Solihull Arts Complex offers a diverse program of live performances, including theater productions, comedy shows, music concerts, and dance performances. With a range of genres catered to all tastes, theres always something to enjoy at this cultural hub.Solihulls central location within the West Midlands means that it is also within close proximity to Birmingham city center. With its renowned Symphony Hall, world-class museums, vibrant nightlife, and thriving food scene, Birmingham offers a wealth of additional attractions and entertainment opportunities just a short journey away from Solihull.
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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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