4 bedroom detached for sale

£440,000

4

Bedrooms

Floorplan

''FOUR BEDROOM DETACHED''DRIVE AND TANDEM GARAGE''GENEROUS CORNER PLOT''TWO RECPETION ROOMS''LANDSCAPED REAR GARDEN''VIEWING ESSENTIAL''

Welcome to this beautifully improved and extended detached home located on Lydford Road in Walsall. Nestled in a popular residential area, this property is just a stones throw away from local amenities, including shops, schools, and excellent transport links, making it an ideal choice for families and professionals alike.
As you approach the house, you will find a generous corner plot featuring a driveway and a wrap-around lawn, providing ample outdoor space. Upon entering, you are greeted by a welcoming entrance hall that leads to a well-appointed kitchen diner, perfect for family meals and entertaining. Adjacent to the kitchen is a separate dining room that overlooks the tranquil rear garden, allowing for a delightful dining experience.
The stunning lounge is a highlight of the home, complete with a modern media wall that creates a stylish focal point. For added convenience, there is a guest WC located off the lounge, ensuring practicality for both residents and visitors.
On the first floor, you will discover four spacious bedrooms, each offering comfort and versatility, along with a family bathroom that caters to the needs of the household. Additionally, the property boasts a tandem garage to the side, providing extra storage or parking space.
The rear garden is a true oasis, featuring a landscaped mature design with a paved patio, a decked area, a charming summer house, and well-maintained lawns. This outdoor space is perfect for relaxation, entertaining, or simply enjoying the beauty of nature.
In summary, this delightful home on Lydford Road offers a perfect blend of modern living and outdoor enjoyment, making it a wonderful opportunity for anyone looking to settle in Walsall.

Agents Note - Asbestos
We are aware that asbestos-containing materials are present at the property. A report has been requested, and once received, will be made available for viewing at our office. Prospective purchasers are advised to make their own enquiries and inspections prior to making any commitment to purchase.

Premium Conveyancing (B) - The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches. The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.
The legal pack includes
Evidence of title
Standard searches (regulated local authority, water & drainage & environmental)
Protocol forms and answers to standard conveyancing enquiries
The legal pack is available to view in the branch prior to agreeing to purchase the property. The vendor requests that the buyer buys the searches provided in the pack which will be billed at 360 inc VAT upon completion. We will also require any purchasers to sign a buyers agreement.

Entrance Hall -

Guest Wc -

Kitchen Diner - 4.79m x 2.95m (158' x 98') -

Dining Room - 5.26m x 2.95m (173' x 98') -

Lounge - 4.69m x 5.87m (154' x 193') -

Garage - 10.42m x 2.47m (342' x 81') -

First Floor Landing -

Bedroom One - 4.75m x 3.33m (157' x 1011') -

Bedroom Two - 4.06m x 2.92m (133' x 96') -

Bedroom Three - 2.65m x 2.91m (88' x 96') -

Bedroom Four - 2.37m x 2.66m (79' x 88') -

Family Bathroom - 2.61m x 1.74m (86' x 58') -

Identification Checks B - Should a purchaser(s) have an offer accepted on a property marketed by Webbs Estate Agents they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is 36 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.



Features
  • Freehold

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 365700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 35700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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