3 bedroom semi-detached for sale

£280,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

''EXTENDED THREE BEDROOM SEMI DETACHED HOME''DOWNSTAIRS WC (WITH PLUMBING FOR SHOWER)''CONSERVATORY TO THE REAR''REFITTED KITCHEN''REFITTED BATHROOM''STUDY/DRESSING ROOM''LARGE DRIVEWAY''LARGER THAN AVERAGE PLOT''VIEWING ESSENTIAL''

Situated in the sought-after area of Pelsall, St Marks Road offers a fantastic location close to all local amenities, shops, and highly regarded schools. This much-improved home sits on a larger-than-average corner plot, boasting a spacious front driveway and an integral garage.
As you step inside, you are welcomed into an entrance porch with a convenient storage area, currently utilized for a washing machine and dryer. The hallway leads into a modern fitted kitchen, complete with a variety of integrated appliances. Additionally, there is a downstairs shower room, ready for the new owners to install a shower to their preference. The property also benefits from a generous lounge/diner, which seamlessly flows into a stunning conservatory featuring floor-to-ceiling windows, creating a bright and inviting living space.
Upstairs, the first floor comprises three well-proportioned bedrooms, a versatile study/dressing room, and a beautifully refitted family bathroom.
Externally, the property boasts a private and enclosed landscaped garden to the rear and side, featuring a paved patio, a well-maintained lawn, and an artificial turf area, ideal for outdoor relaxation and entertaining.
This impressive home offers space, convenience, and modern comforts, making it an ideal choice for families or professionals seeking a well-located property in Pelsall.

Entrance Porch -

Downstairs Shower Room - 697.69mm x 39.01mm (2289m x 128m) - The downstairs shower room has the plumbing ready for the shower to be fitted

Refitted Kitchen - 3.323m x 2.640m (1010' x 87') -

Lounge Diner - 6.113m x 3.474m (200' x 114' ) -

Conservatory - 3.356m x 3.474m (110' x 114') -

First Floor Landing -

Bedroom One - 3.288m x 3.519m (109' x 116') -

Bedroom Two - 2.455m x 2.807m (80' x 92') -

Bedroom Three - 2.783m x 2.295m (91' x 76') -

Study/ Dressing Room - 1.895m x 2.026m (62' x 67') -

Refitted Bathroom - 3.205m x 1.453m (106' x 49') -

Garage -

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 28.80 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

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

£ 233700

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
    £ 7000
  • 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

£ 23700
  • 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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