4 bedroom detached for sale

£399,950

4

Bedrooms

1

Bathrooms

Floorplan

Occupying a choice position in one of the most favoured areas in Finchfield having the majority of amenities within walking distance, this distinctive and deceptive two storey detached period property has been sympathetically well maintained over the years to create a spectacular family home with a host of character features throughout.

With front views overlooking the popular attraction known as Bantock Park, 69 Finchfield Lane is a perfect opportunity for purchasers requiring a bespoke attractive home ready to just move into! Deceptive externally and thoughtfully restyled to retain the charm and appeal of a period property yet tastefully appointed to create a fresh interior, viewing of the accommodation is essential to appreciate the surprisingly spacious living space which includes neat dcor throughout, feature fireplaces, refitted kitchen & bathroom and a striking enclosed fully stocked rear garden.

The accommodation now comprises double glazed porch, welcoming reception hall with fitted cloakroom & parquet flooring, the choice of two reception rooms both with prominent fireplaces and the 19ft breakfast kitchen has been refitted with a modern white gloss suite. On the first floor, the galleried landing leads to two double bedrooms and a renovated family bathroom. A second staircase leads to the top floor with a study/ seating area and two further bedrooms. This level is ideal for independent teenagers requiring separate living space. At the front of the house is a enclose block paved driveway with walling & iron railing and leads to the side garage. The fully stocked & good sized enclosed rear garden has been extensively landscaped to provide a most pleasant setting whilst offering the maximum privacy and is ideal for entertaining summer garden parties.

Convenient for the majority of amenities including schools in both sectors, a full range of shops, leisure facilities and useful for easy access to the city centre, this delightful house is a superb example of a good size stunning family home! Certainly one of the finest examples of its type, the gas centrally heated and double glazed accommodation further comprises:

Porch: PVC double glazed double doors with matching side windows and terracotta tiled flooring.

Entrance Hall: 149 (4.50m) x 77 (2.30m)
Internal hardwood door with leaded stained glass opaque windows, radiator, coved ceiling, wood parquet flooring and oak panelled staircase to first floor with built in storage below. Fitted Cloakroom: White WC, sink unit, patterned ceramic tiled floor and extractor fan.

Sitting/ Dining Room: 149 (4.50m into bay) x 128 (3.85m)
Granite fireplace & hearth with electric fire, radiator, coved ceiling and double glazed bay window to front with stained glass leaded opaque inserts.

Living Room: 149 (4.50m) x 128 (3.85m)
Art deco style open fireplace with granite hearth, radiator, wall light points and full height double glazed picture window with double doors to rear garden.

Breakfast Kitchen: 19ft (5.80m) x 77 (2.30m)
Fitted with a matching suite of modern white gloss units comprising a range of base cupboards, drawers & suspended wall cupboards, light grey laminate worktops & tiled splashbacks, stainless steel single drainer sink unit with mixer tap, gas cooker with stainless steel extractor hood over, plumbing for dishwasher & washing machine, recess for under-counter fridge, concealed wall mounted gas fired central heating boiler, tiled flooring, double glazed window to side & rear, with matching doors.

First Floor Galleried Landing: Radiator, coved ceiling, double glazed window to front, stained glass leaded opaque window to side and separate staircase to second floor.

Bathroom: 73 (2.20m) x 63 (1.90m)
Fitted with a modern white suite comprising panelled bath, corner shower enclose with power shower & separate spray, low level WC, wall mounted wash hand basin, period style radiator with chrome heated towel rail, stone effect tiled walls & flooring, recessed ceiling spot lights and double glazed window to rear.

Bedroom One: 131 (4.00m) x 128 (3.85m)
Built in furniture including full width wardrobes & dressing table with drawers, radiator and double glazed picture window to rear.

Bedroom Two: 131 (4.00m) x 128 (3.85m)
Built in furniture including two sets of double wardrobes, radiator and double glazed window to front.

Second Floor Landing With Study/ Seating Area: 204 (6.20m) x 710 (2.40m)
Radiator, storage into eaves and Velux windows to front.

Bedroom Three: 1110 (3.60m) x 1010 (3.30m)
Radiator, built in shelving and Velux windows to rear.

Bedroom Four: 1110 (3.60m) x 92 (2.80m)
Radiator and Velux window to rear.

Garage: 181 (5.50m) x 102 (3.10m)
Side folding garage doors, power, lighting and rear double doors to rear garden.

Rear Garden: A most fascinating & fully stocked rear garden with a vast range of shrubs & trees, creating not only a green & scenic setting but also offering the maximum privacy. A range of patios & lower full width terrace, lawned area, flowering borders, summer house, surrounding fencing & hedging.

Tenure: Freehold
Council Tax: Band D - Wolverhampton
EPC Rating: D (61) No- 0034-5023-7400-0255-0292
Total Floor Area: 1765sq ft. (164.0sq metres) Approx.
Services: We are informed by the Vendors that all main services are installed



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 332658.75

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9998.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 32696.25
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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