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58 High Street, Shropshire, TF13 6AE
£230,000 OIRO
Bedrooms
Bathrooms
Reception
Offered with no upward chain.Situated in the idyllic village of Broseley Wood, this charming 2-bedroom end-terraced cottage offers an exceptional opportunity for those seeking a blend of rural tranquility and modern living. This home is tucked away on Legges Hill and has pleasant countryside views, making it the perfect retreat from the hustle and bustle of city life. The property boasts a wealth of character features, including exposed beams and a traditional brick fireplace, while offering all the comforts of modern living with contemporary fixtures and fittings. Subject to planning consent, there is also the potential for future development withlapsed planning permissionpreviously granted for a rearextension, ref11/04978/FUL.
In brief, accommodation includes, kitchen, dining area, lounge and downstairs bathroom. To the first floor there are two double bedrooms. To the side of the property there is a nicley presented landcaped garden and to the front elevation there is another garden area which includes an outbuilding and parking for at least two vehicles.
Conveniently located, the property is just a short walk from the historic towns of Ironbridge and Broseley, with their charming independent shops, pubs, restaurants, convenience stores and primary schools.. Additionally, Telford, with its excellent transport links, is within easy reach, providing access to further shopping, leisure facilities, and major road networks such as the M54. This home is Ideal for first-time buyers, small families, or anyone seeking a countryside escape without being too far from amenities, and viewing comes highly recommended.
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.
58 High Street, Shropshire, TF13 6AE
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