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£200,000
Bedrooms
Bathrooms
Occupying a pleasant & prominent position within walking distance of Finchfield Centre, this stunning mid-terraced house has been extensively restyled by the present owners to create a most charming & stylish interior, with no expense spared to create a contemporary interior whilst retaining the charm & appeal of a period property. Internal inspection is highly recommended to appreciate the thought & design gone into creating undoubtedly one of the finest examples of its type, a perfect opportunity for purchasers requiring a bespoke luxury home ready to just move into! Designed to utilise the maximum space, the well planned layout includes with a number of striking features throughout including trendy dcor, quality (or original) flooring, new double glazed windows & external doors, smart bathroom on the first floor with matt black fittings and a converted utility at the rear. At approx. 758.4sq feet, the gas centrally heated & double glazed accommodation includes front living room with feature fireplace, internal access to cellar storage and a rear sitting/ dining room with open archway to the kitchen. This area creates an excellent open living space. A concealed staircase leads to the first floor where there are two double bedrooms and a smart white bathroom. At the rear of the house is a courtyard with an outbuilding which has been converted to a most useful utility area/ storage. Within walking distance of the majority of amenities at Finchfield Shopping Parade, including excellent schools in both sectors, public transport links and having the favoured attraction known as Bantock Park only 200metres away. The city centre is also a short distance away at less than approx. 2miles, therefore ideal for commuting to principal towns & cities. Viewing is highly recommended to appreciate this most individual property being a superb example of its type!
Living Room: 109 (3.32m max) x 103 (3.13m)
Front composite door with opaque window over, feature matt black period style cast iron fire place with decorative surround & tiled hearth, covered radiator, wood effect LVT flooring and double glazed sash window to front, fitted with black plantation style shutters. Under the stairs, access leads to the Cellar: 105 (3.20m) x 83 (2.52m)
Dining/ Sitting Room: 109 (3.32m max) x 105 (3.20m)
Covered radiator, concealed staircase to first floor, engineered wood flooring, double glazed sash window to rear and open archway to:
Kitchen: 92 (2.80m) x 58 (1.76m)
Fitted with a smart matching suite of white units comprising Belfast sink with mixer tap, a range of base cupboards & drawers with matching solid wood worktops, coved suspended wall cupboards, built in electric oven, dishwasher, stainless steel 4-ring gas hob with matching extractor hood over, floating wall shelves, white brick glazed tiled splashbacks, recessed ceiling spot lights, engineered wood flooring, double glazed side window and uPVC double glazed matching door.
First Floor Landing:
Bedroom One: 1010 (3.32m max) x 104 (3.16m)
Radiator, built in cupboard/ wardrobe, coved ceiling, wood stripped flooring and double glazed sash window to front, fitted with black plantation style shutters.
Bedroom Two: 109 (3.32m max) x 107 (3.26m)
Radiator, wood stripped flooring and double glazed sash window to rear. Access leads to:
Bathroom: 92 (2.80m) x 59 (1.76m)
Fitted with a Heritage style luxury white suite with a number of contemporary matt black fittings and includes free standing roll top bath with overhead rainfall shower head, separate handled spray & curtain over, low level WC, vanity unit, black period style radiator, white glazed brick style tiled walls, wood effect LVT flooring and double glazed opaque window to rear.
Utility/ Storage: 62 (1.91m) x 59 (1.76m)
Wall mounted gas fired Worcester central heating boiler, worktop, plumbing for washing machine, power, lighting and double glazed opaque window to rear.
Rear Courtyard: Mainly paved with surrounding fencing and side passage to front exterior.
Tenure: Freehold
Council Tax: Band B - Wolverhampton
EPC Rating: D (68) No: 5335-7722-9400-0717-6292
Total Floor Area: 758.4sq feet (70.5sq 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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