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£279,950
Bedrooms
Bathrooms
Situated in one of the most favoured residential areas on the border of Merryhill & Castlecroft, within walking distance of the majority of amenities including local schools & shops, this charming semi-detached property has been extended in recent years and restyled to provide an attractive interior, ideal for purchasers requiring a property ready to just move into!
Offering well planned living accommodation and utilising the maximum space, the accommodation includes porch to entrance hall, front living room, rear sitting/ dining room and extended breakfast kitchen. Although the ground floor has previously been extended, there is tremendous potential to further extend the rear layout to create an open plan dining kitchen with family area (Subject to Planning Permission). On the first floor there are three bedrooms and the bathroom is fitted with a smart white suite. At the front of the property, there is the benefit of a double width driveway providing plenty of off road parking and leads to the garage. An impressive selling point of Bhylls Lane, is the mature rear garden measuring at over approx. 150ft long with a variety of shrubs & trees.
Internal inspection is essential to appreciate this excellent family home, which is also offered with No Upward Chain. The gas centrally heated and double glazed accommodation further comprises:
Reception Porch: PVC double glazed sliding door and tiled flooring.
Entrance Hall: Stained glass leaded door & matching side windows, radiator, part panelled walls, laminate flooring and staircase to first floor with cloaks cupboard below.
Living Room: 142 (4.32m into bay) x 115 (3.52m)
Marble fireplace & hearth with decorative surround & gas coal fire, radiator, wall light points, coved ceiling and double glazed bay window to front.
Rear Sitting/ Dining Room: 124 (3.78m) x 10 11 (3.32m)
Marble fireplace & hearth with decorative surround & gas coal fire, radiator, coved ceiling and double glazed patio doors to rear.
Extended Breakfast Kitchen: 17ft (5.21m max) x 81 (2.46m max)
Fitted with an extensive suite of matching light units comprising Belfast sink with mixer tap, a range of base cupboards & drawers with matching worktops including breakfast bar, suspended wall cupboards, built in appliances include fridge, freezer, double oven, combi oven/ grill, 5-ring gas hob with extractor hood over, wall mounted gas fired central heating boiler, plumbing for washing machine, tiled flooring and double glazed windows to rear & side with PVC double glazed door.
First Floor Landing: Part panelled walls, loft hatch and double glazed window to side.
Bedroom One: 111 (3.40m into window) x 112 (3.41m)
Full length built in wardrobes, radiator and double glazed window to front.
Bedroom Two: 11ft (3.35m into window) x 119 (3.63m)
Full length built in wardrobes, radiator, recessed ceiling spot lights and double gazed window to rear.
Bedroom Three: 8ft (2.44m) x 76 (2.28m)
Radiator, part panelled walls and double glazed window to front.
Bathroom: 77 (2.36m) x 7ft (2.14m)
Fitted with a white suite comprising corner shower enclose, low level WC, pedestal wash hand basin, radiator, tiled walls & flooring, floor to ceiling built in cupboard, recessed ceiling spot lights and double glazed window to rear.
Garage: 159 (4.79m) x 81 (2.47m)
Up and over door, lighting and glazed door with window to rear.
Rear Garden: At over approx. 150ft long, the fully stocked mature garden comprises large paved patio with decking area, shaped lawn, flowering boarders with a variety of shrubs & trees, side gravelled terrace, garden shed and surrounding fencing.
Tenure: Freehold
Council Tax: Band C- Wolverhampton
EPC Rating E
Total Floor Area: 1033sq feet (95.9sq meters) Approx.
No Upward Chain
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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