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128 Alcester Road, Birmingham, B13 8EE
£375,000
Bedrooms
Bathrooms
Reception
The property is set back from the road behind a gated, block-paved driveway providing off-road parking for up to two vehicles. An entrance hall welcomes you into the home and provides access to the ground-floor accommodation. To the left is a bright front reception room measuring approximately 2.3m x 4.8m, ideal as a lounge, dining room or home office. To the right is a fitted kitchen measuring approximately 1.4m x 2.0m. To the rear of the property is a spacious living room measuring approximately 5.5m x 3.6m, providing an excellent space for relaxing or entertaining with views over the rear garden.
Upstairs, the first-floor landing leads to the family bathroom (approximately 1.8m x 2.4m) along with three bedrooms. The front-facing principal bedroom measures approximately 3.6m x 3.4m, while to the rear are two further bedrooms a double bedroom measuring approximately 3.1m x 3.9m and a single bedroom measuring approximately 2.3m x 3.0m.
Externally, the property sits on a generously sized plot and benefits from a large rear garden, offering plenty of outdoor space for families, entertaining, or future landscaping.
The location offers excellent access to local amenities, including the independent shops, bars and eateries of Moseley Village, as well as nearby green spaces such as Cannon Hill Park. The property is also well placed for commuters, with convenient road links into Birmingham city centre and easy access to rail services from Moseley Village railway station and Bournville railway station, providing connections across the region.
This attractive home combines generous living space with a prime location in one of Birminghams most fashionable suburbs, making it an excellent opportunity for buyers seeking both lifestyle and convenience.
Council Tax Band: C EPC Rating: C
All measurements are approximate and for guidance purposes only.
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.
128 Alcester Road, Birmingham, B13 8EE
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