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£450,000
Bedrooms
Bathrooms
Situated in one of the most favoured locations in Penn just off Woodhall Road and convenient for the majority of amenities including shops & schools in both sectors, this modern & well-presented detached property is a fine example of a family home, ideal for purchasers requiring a high quality property, ready to just move into. Originally constructed to a traditional design the property has been extensively extended & restyled in recent years to provide a most impressive interior with a host of charming features throughout and the benefit of both bedroom & bathroom accommodation on both floors. Deceptive externally, viewing of the interior is essential to appreciate the surprisingly spacious living accommodation which is attractively appointed throughout incorporating many features with high quality carpets & flooring, neat dcor throughout, a fitted breakfast kitchen and a stunning rear garden. The gas centrally heated and double glazed interior incorporates entrance hall with staircase to first floor, fitted cloakroom, 23ft through living room with dining area, smart breakfast kitchen and useful utility with stores room. Initially the garage, this space has now been converted to provide a large downstairs bedroom and luxury ensuite with a wet room style suite. On the first floor there are four bedrooms, all with built in storage and both the master ensuite & family bathroom are fitted with luxury white suites. At the front of the property is a block paved driveway providing off road parking and the fully stocked, mature rear garden is a good size and has been neatly landscaped to provide a most pleasant setting, creating excellent usable outdoor space. Not only does the garden provide the maximum privacy, there is access to the woodland at rear. Internal inspection is highly recommended to recognise this individual property, being a superb illustration of its type.
Entrance Hall: Composite double glazed front door and stairs to first floor.
Fitted Cloakroom: Fitted with a white suite comprising low level WC, sink unit, coved ceiling, tiled flooring and double glazed opaque window to front.
Bedroom Five: 151 (4.60m) x 82 (2.50m)
Built in double wardrobe, radiator and double glazed windows to front.
Ensuite: 8ft (2.45m) x 73 (2.20m)
Fitted with a wet room style suite having wall mounted electric power shower, low level WC, sink unit, marble effect tiled walls, recessed ceiling spot lights, vinyl flooring & extractor fan.
Through Living Room with Dining Area: 235 (7.15m) x 124 (3.75m)
Marble fireplace and hearth with gas coal fire & decorative surround, two radiators, wall light points, coved ceiling, double glazed bow window to front and matching French doors to rear garden.
Breakfast Kitchen: 161 (4.90m) x 106 (3.20m)
Fitted with matching suite of light units comprising 1 drainer sink unit with chrome mixer tap, a range of base cupboards & drawers with matching worktops, coved suspended wall cupboards with under LED lighting, built in twin Bosh oven, microwave, 4-ring induction hob & stainless steel extractor hood, built in dishwasher, radiator, tiled splashbacks, tiled flooring and double glazed window to rear.
Utility: 73 (2.20m) x 55 (1.65m)
Fitted with base cupboards, worktop & circular sink unit with stainless steel mixer tap, plumbing for washing machine, part tiled walls, tiled flooring, PVC double glazed opaque door to side and double glazed window to rear. Built in Storage Room: Power, lighting and meter cupboard.
First Floor Landing: Loft hatch and built in floor to ceiling airing cupboard.
Bedroom One: 126 (3.80m) x 114 (3.45m)
Fitted with a range of built in laminate furniture including wardrobes, bedside drawers & dressing table with matching wall mounted mirror, radiator, coved ceiling and double glazed window to front.
Ensuite Shower Room: 106 (3.20m) x 51 (1.55m)
Fitted with a white suite comprising walk in shower with chrome shower spray, vanity unit with storage & recessed WC, matching suspended wall cupboards with mirror & lighting, radiator with chrome heated towel rail, recessed ceiling spotlights, part tiled walls, vinyl flooring, extractor fan and double glazed opaque window to front.
Bedroom Two: 122 (3.70m) x 9ft (2.75m)
A range of built in furniture including wardrobes, overhead stores & drawers, radiator, coved ceiling and double glazed window to rear.
Bedroom Three: 9ft (2.75m) x 611 (2.10m)
Radiator, built in cupboard/wardrobe, coved ceiling and double glazed window to rear.
Bedroom Four: 9ft (2.75m) x 611 (2.10m)
Radiator, built in double wardrobe and double glazed window to rear.
Bathroom: 77 (2.30m) x 63 (1.90m)
Fitted with a modern white suite comprising panelled bath with shower & screen, vanity unit with storage & recessed WC, large chrome heated towel rail/radiator, recessed ceiling spotlights, part tiled walls, vinyl flooring and double glazed opaque window to side.
Rear Garden: Full width terraced with sandstone tiled slabs & brick dwarf wall, steps down to lawn with gravelled bordered, raised flower beds with a variety of shrubs and trees, rear terrace with timber pergola, surrounding fencing and hedging with side gate and rear gate to field.
Tenure: Freehold
Council Tax: Band E - Wolverhampton
EPC Rating: D (62) No: 0360-2323-3480-2324-2121
Total Floor Area: 1356sq feet (126.0sq metres) Approx.
Services: We are informed by the Vendors that all main services are installed
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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