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The Priory Priory Road, WolstonCoventry
£191,250
Bedrooms
Location: Wolston, a picturesque village with great amenities
This modern three bedroom home is designed for comfortable and practical living. The open-plan living area is spacious and welcoming, offering room for both relaxation and entertaining. The kitchen is well-equipped with modern appliances, making meal preparation a breeze. The conservatory overlooking a well appointed garden is a must see.
The bedrooms are bright and accommodating, providing space for rest and relaxation. The bathroom is well-appointed with all the essential features.
This family home is offered under a Section 106 agreement, providing an opportunity for affordable housing within the community. Eligibility criteria may apply. Please inquire for further details regarding the Section 106 agreement.
Wolston is known for its picturesque beauty and a warm sense of community. This property is conveniently located near local shops, schools, and parks, making it an ideal choice for those who want to enjoy a peaceful and welcoming environment.
Contact Information: Dont miss the chance to own this modern 3-bedroom Section 106 home in Wolston. For inquiries or to arrange a viewing, please contact Clare Malyon at WolstonIEA.co.uk
The information provided in this listing is for general informational purposes only. Specific eligibility requirements and pricing details related to the Section 106 agreement should be obtained directly through the relevant authorities
Map location is not available for this property.
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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