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£265,000
Bedrooms
Bathrooms
''NO FORWARD CHAIN - SEMI-DETACHED FAMILY HOME - SOUGHT AFTER MOUNT NOD LOCATION - THREE GOOD SIZED BEDROOMS - DRIVEWAY & GARAGE WITH POWER/LIGHT'' This is a fantastic opportunity to purchase a good sized semi-detached family home on Alderminster Road, Mount Nod with no forward chain. The property very briefly comprises; front lawn, multi-car driveway, porch, entrance hall, spacious living room, kitchen diner, private garden and garage with power/light all to the ground floor. On the first floor off of the landing are three good sized bedrooms and the family bathroom. Call now to view!
Location - Mount Nod is a highly sought after suburb lying on the western edge of Coventry close to open countryside yet benefitting from a host of great local amenities including shops, schools, hotels and golf courses.
The area is also located ideally for commuters with the A45 Fletchamstead Highway being just a short distance away. Birmingham Airport, the M42 and M6 are all situated to this West side of the City.
Local good schools include Mount Nod Primary school, Park Hill Junior School, West Coventry Academy and Heart of England located in Balsall Common.
Property Information Summary - Council Tax Band: C
Local Authority: Coventry
Tenure: Freehold
Maintenance or Service Charges: N/A
EPC Certificate Rating: C
Approx. Total Floor Area: 931.00 sqft
Heating System: Gas Central Heating
Boiler Age: 2022
Consumer Unit/ Fuse Box Location: Understairs Cupboard
Important Note To Purchasers - Intending purchasers will be asked to produce identification documentation for Anti Money Laundering Regulations at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
All fixtures and fittings ultimately are to be agreed with the seller via the fixtures and fittings form which will then form part of a legal contact through the conveyances and as the marketing estate agent none of our particulars or conversations are legally binding, only the legal solicitor paperwork.
Up Estates has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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