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£310,000
Bedrooms
An extended three bedroom semi-detached family house within a pleasant cul-de-sac in Wollaston, Stourbridge. Requiring some modernisation, A good sized tarmac driveway, and two garages and a low maintenance rear garden. Entrance via the porch which leads to the hallway with doors leading to the WC, lounge with archway leading to the dining room with sliding door to the rear garden. The kitchen offers plenty of cupboard space with built on electric cooker with hob and extractor with door leading to the third reception room and the Wet room. On the first floor you have three good sized bedrooms ( two doubles one single) and family bathroom. MUST BE VIEW. NO UPWARD CHAIN. EPC D. COUNCIL TAX BAND C. This property is being sold through our Advanced sales method to provide complete transparency and security for all parties involved
There is a buyers information pack available to download on the website below which provides you with all upfront information, giving you confidence before proceeding with the sale
To offer on the property and download the buyers information pack, all buyers must create an account at advancedlistings.co.uk
TO MAKE AN OFFER & FULL TERMS OF SALE
Visit advancedlistings.co.uk
If you are looking to sell your property through our Advanced sales method, then contact us
THE ACCOMMODATION WITH APPROXIMATE ROOM DIMENSIONS IS ARRANGED AS FOLLOWS:
Porch 1.83m x 0.71m (6`0 x 2`4).
Entrance Hallway . With doors leading to:
Lounge 3.2m x 4.72m (10`6 x 15`6). With window to the front and eletric fire. Arch Leading to:
Dining room 2.49m x 3.38m (8`2 x 11`1). Sliding door to the rear, with door leading to the kitchen
Kitchen 2.49m x 4.01m (8`2 x 13`2). With matching wall and base units, with sink and drainer, with electric hob and oven with extractor over.
Sitting Room 3.4m x 3.05m (11`2 x 10`0). with access to garage and wet room,door to the outside.
Wet room 2.29m x 2.41m (7`6 x 7`11). With low level WC, hand wash basing and electric shower
WC 0.79m x 1.65m (2`7 x 5`5).
First floor landing 3.18m x 3.91m (10`5 x 12`10). With loft access, boiler cupboard and doors to:
Bedroom One 3.18m x 3.91m (10`5 x 12`10).
Bedroom Two 2.62m x 3.73m (8`7 x 12`3).
Bathroom 2.39m x 1.65m (7`10 x 5`5).
Bedroom Three 2.39m x 1.65m (7`10 x 5`5).
Garage 2.54m x 5.36m (8`4 x 17`7).
Garden .
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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