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£270,000
Bedrooms
Bathrooms
''THREE BEDROOM, TWO RECEPTION ROOM DORMER BUNGALOW - SPACIOUS PRIVATE GARDEN - GATED DRIVEWAY & GARAGE - WC & BATHROOM'' This is a fantastic opportunity to purchase a deceptively spacious, extended, well presented, three bedroom, two reception room detached bungalow on Colina Close. This lovely property very briefly comprises; porch, living room, lobby leading to kitchen, bathroom, bedroom and dining room with stairs leading ascending to the first floor which boasts a further two bedrooms, storage on the landing, followed by WC. Externally there is a stunning, spacious and private mature garden, gated driveway and garage! New boiler has been installed! Call now to view!
Location - The Weeford Estate is situated in South Coventry close to Toll Bar End and is ideally located for commuters being close to the hub of many of the regions Trunk Roads including the A46 Leamington and Warwick Bypass, the A46 Coventry Eastern Bypass (heading North towards the M69 and M6) and also the A45 Birmingham and London Rd. Leamington Spa is 9.3 miles and 18 minutes drive away; Stratford-Upon-Avon 18.9 miles and 26 mins (source Google Maps). Within a short drive to Jaguar Landrover, Coventry Airport, retail parks, good schools.
Property Information Summary - Council Tax Band: C
Local Authority: Coventry
Tenure: Freehold
Maintenance or Service Charges: N/A
EPC Certificate Rating: D
Approx. Total Floor Area: 927.00 sqft
Heating System: Gas Central Heating
Boiler Age: 2011
Consumer Unit/ Fuse Box Location: Kitchen
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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