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128 Alcester Road, Birmingham, B13 8EE
£250,000
Bedrooms
Bathrooms
Reception
Profectus Estates proudly offer For Sale, this spacious three-bedroom mid-terraced property located on Bierton Road in the much sought-after Acocks Green area of Birmingham. This well-maintained property has plenty of kerb appeal and enjoys a full-width driveway with space for two vehicles. The white double-glazed windows and door give the property a quaint cottage-like appearance, though when you step inside you are greeted by a fully modernised interior. The large living room is the first room you enter on the ground floor which has benefitted from the removal of the chimney breast. Modern spotlights have replaced the previous traditional single-light, whilst high-quality wooden flooring covers the floor. Moving towards the centre of the property, you enter the sublime kitchen featuring fitted cabinets with integrated appliances and modern tiled walls & floor. At the rear of the property is the family bathroom finished to the same high standard as the rest of the property, enjoying marble effect tiling and a walk-in shower cubicle. On the first floor are three generously sized bedrooms ideal for a family. A large enclosed rear garden completes the property.
The propertys location offers access to shops, restaurants, public transport and road network links.
* Hallway - 1.35m x 1.15m
reception - 5.1m x 3.9m
kitchen - 2.95m x 2.35m
bathroom - ground floor - 2.85m x 1.6m
Bedroom 1 - 5.2m x 3.15m
Bedroom 2 - 4m x 2.95m
Bedroom 3 - 3m x 2.2m
Council Tax Band: EPC Rating:
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.
128 Alcester Road, Birmingham, B13 8EE
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