3 bedroom semi-detached for sale

£525,000

3

Bedrooms

1

Bathrooms

Floorplan

This beautifully presented 3-bedroom semi-detached family home, located on the popular Fellows Lane, has been thoughtfully updated to provide a welcoming and spacious living environment. The property offers a perfect balance of generous living areas and well-maintained outdoor space.

Upon entering, the bright and airy entrance hallway leads to the open-plan living and dining room. A large bay window to the front creates a light-filled space with an elevated view, while a central log-burning stove adds both warmth and charm. French doors open onto the patio and garden, offering easy access to outdoor areas for entertaining or relaxation.

The recently updated kitchen/diner makes the most of the space, featuring ample storage and offering potential for a dining area. Adjacent to the kitchen is a sizeable utility room, ideal for additional storage and housing white goods. A convenient cloakroom completes the ground floor layout.

Upstairs, the master and second bedrooms provide generous proportions and pleasant, private outlooks. The third bedroom, currently used as a nursery, offers versatile space and could easily serve as a home office or guest room. The family bathroom, presented in a modern neutral palette, includes both a separate bath and shower cubicle.

The rear garden is well-maintained, offering a large patio area, a neat lawn, and a further tier featuring a vegetable patch and shed. It's an ideal space for outdoor dining, gardening, or simply enjoying the tranquillity of the surroundings.

There is also a large garden room which is currently used as a home gym but would be could easily double as a home office space with excellent proportions.

This immaculately presented home, with its modern updates and ideal family-friendly layout, is ready to offer its next owners a perfect combination of comfort, space, and practicality.

Harborne is one of Birminghams most desirable and picturesque suburbs, offering an enviable blend of village charm and modern convenience. Situated just a short distance from the city centre, Harborne is well-loved for its lively atmosphere, excellent amenities, and strong sense of community. The high street is lined with an array of independent shops, trendy cafes, and boutique restaurants, providing residents with everything they need for everyday life. The area is also home to a selection of traditional pubs, offering a perfect spot to unwind after a busy day.

For families, Harborne is an ideal location, with a variety of excellent schools, both primary and secondary, including highly regarded institutions such as Harborne Primary School and King Edwards School. The areas educational offerings make it a sought-after choice for families looking for a well-rounded environment in which to raise children.

Green spaces are plentiful in Harborne, with Harborne Park and Queens Park nearby, providing scenic spots for outdoor activities, leisure walks, and sports. These green spaces contribute to the areas relaxed and open feel, offering a perfect escape from the hustle and bustle of city life.

Harborne also boasts strong transport links, making it a highly connected area. With easy access to Birmingham city centre, the University of Birmingham, and surrounding areas, Harborne provides the perfect balance of suburban tranquillity and urban convenience. Its proximity to major roads and public transport options further enhances its appeal, ensuring residents can enjoy quick and easy access to the wider city and beyond.

Overall, Harborne offers a vibrant, family-friendly environment that combines the best of both worlds; a welcoming community, local conveniences, and proximity to the heart of Birmingham.



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

£ 435825

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
    £ 13125
  • 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

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£

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

£ 42075
  • 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.

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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

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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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