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£350,000
Bedrooms
Bathrooms
Situated in one of the most sought after locations of Codsall, occupying a corner position in a small select cul de sac just off Sucking Green Lane and therefore, most convenient for the majority of amenities including walking distance of Bilbrook Shopping Parade, this deceptive detached bungalow has been extended and reconfigured over the years to create a surprisingly spacious and versatile interior.
Ideal for purchasers requiring a property to restyle and extend to own requirements (Subject to Planning Permission), internal inspection is highly recommended to appreciate this unique opportunity this prominent bungalow has to offer. At a generous floor area of approx. 1049sq.ft, the gas centrally heated and double glazed interior includes porch with reception area & inner entrance hall, fitted cloakroom, two double bedrooms and white shower room. The front 16ft living room enjoys a pleasant outlook over the front landscaped garden creating a most pleasant reception room. The breakfast kitchen is fitted with a light suite and leads to the side lobby/ utility. At the side of the bungalow is a double driveway providing ample off road parking and of course leads to the garage. As the bungalow occupies a good size corner plot of approx. 7,035sq.ft., the mature surrounding gardens provide a pleasant setting with an enclosed private small garden at rear.
Although enjoying a rural aspect, Oaken Park is within walking distance of Bilbrook Train station & Centre, where there are a number of amenities including excellent schooling in both sectors, popular restaurants & public houses and a variety of local shops. The bungalow is also convenient for superb transport links having the M54 motorway only 3 miles away and therefore ideal for commuting to principal towns. The facilities at Codsall, Tettenhall & Perton are similarly only minutes away.
Offered with No Upward Chain, the accommodation further comprises:
Porch: PVC double glazed front door and matching side window. Reception Area: Internal PVC double glazed opaque door with matching side window, radiator and open archway into: Entrance Hall: Built in cloaks cupboard and loft hatch. Fitted Cloakroom: Fitted with a white suite comprising low level WC, sink unit, part tiled walls and internal double glazed window.
Living Room: 1511 (4.85m) x 1110 (3.61m)
Marble style fire place & hearth with matching surround & electric coal effect fire, radiator, wall light points, coved ceiling and double glazed bow window to front.
Shower Room: 82 (2.50m) x 62 (1.88m)
Fitted with a white suite comprising corner shower cubicle with overhead shower, low level WC, vanity unit, radiator, tiled walls, built in airing cupboard, vinyl flooring and internal opaque glazed window.
Bedroom One: 12ft (3.66m) x 117 (3.54m)
Built in furniture including wardrobes, overhead stores & drawers, radiator and double glazed window to rear.
Bedroom Two: 1111 (3.64m) x 811 (2.72m)
Radiator and double glazed window to side.
Breakfast Kitchen: 181 (5.50m) x 99 (2.97m)
Fitted with a matching suite of traditional light units comprising black composite double drainer sink unit, a range of base cupboards, drawers & suspended wall cupboards, matching worktops, recess & gas point for cooker with extractor hood over, wall mounted gas fired central heating boiler, radiator, tiled splashbacks, double glazed windows to front and internal PVC double glazed doors to: Utility/ Lobby: 142 (4.32m) x 68 (2.03m)
Built in base cupboards & suspended wall cupboards, stainless steel single drainer sink unit, plumbing & recess for both washing machine & dryer, PVC double glazed doors to front & rear with internal access into the: Garage: 1511 (4.85m) x 87 (2.63m) Two sets of side opening garage doors, power, lighting, glazed window to rea and workshop area at rear.
Rear Garden: An enclosed garden with lawned area, paved path & terrace, surrounding fencing and gated access to front elevation.
Tenure: Freehold
Council Tax: Band E - South Staffordshire
EPC Rating: D (61) No: 2213-9117-2112-2819-0731
Total Floor Area: 1049.5sq ft. (97.5sq.m.) 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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