5 bedroom detached for sale

£450,000 Offers over

5

Bedrooms

2

Bathrooms

Floorplan

Nestled on Andrew Drive in Willenhall, this remarkable detached house offers an exceptional opportunity for families seeking both space and comfort. With five generously sized bedrooms, this property is perfect for those who value room to grow. The two reception rooms provide ample space for relaxation and entertaining, making it an ideal setting for family gatherings or hosting friends.

One of the standout features of this home is the expansive plot it occupies, which not only allows for extensive parking but also presents exciting potential for future extensions, subject to the necessary permissions. This flexibility makes it a fantastic choice for those looking to personalise their living space to suit their needs.

Having been cherished by the current owners for over 31 years, the property boasts a range of modern conveniences. The front and rear composite doors enhance both security and energy efficiency, while linked electric smoke detectors and a house alarm provide peace of mind. Additionally, the presence of TV points in all bedrooms ensures that everyone can enjoy their favourite shows in comfort.

This unique property combines a prime location with a wealth of features that cater to modern family living. Whether you are looking to settle down in a spacious home or seeking a property with the potential for future development, this house on Andrew Drive is a must-see. Dont miss the chance to make it your own.

Porch -

Entrance Hall -

Lounge - 3.9m x 3.8m (129' x 125') -

Dining Room - 3m x 5.8m (910' x 190') -

Kitchen - 3.8m x 3.6m (125' x 119') -

Utility Room - 3.8m x 3.6m (125' x 119') -

Guest Wc -

Bedroom One - 3.5m x 3.2m (115' x 105') -

Bedroom Two - 3.5m x 3.5m (115' x 115') -

Bedroom Three - 2.7m x 2.5m (810' x 82') -

Bedroom Four - 4m x 2.3m (131' x 76') -

Bedroom Five - 2.3m x 4m (76' x 131') -

Shower Room - 1.7m x 2m (56' x 66') -

Bathroom - 1.6m x 2.2m (52' x 72') -

Front Driveway - The front drive offers double gates to the side of the home leading to further parking and the rear garden

Rear Garden - This home is set in approximately a 1/4 of an acre offering extensive parking with an in and out driveway and well manicured private and enclosed garden,

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

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 11250
  • 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

£ 36450
  • 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

Adjust these figures

  %

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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