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4 Bed Detached House For Sale Farley Lane, Halesowen, B62

£585,000- Detached

Yield: 2.43%
1 of 15
Yield: 2.43%
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  • Rental Guide: £945 - £1,185
  • 4 Bedroom(s)
  • Description
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Last Updated: 28th May 2020

Description

CHESTNUT COTTAGE A FOUR BEDROOM DETACHED FAMILY HOME with gated driveway, tandem garage, beautiful rear gardens with the added bonus of your own woodland measuring approximately 2.43 acres. The property comprises of porch and entrance hall, through lounge diner, fitted kitchen and utility room, separate dining room, downstairs cloaks and w.c., four bedrooms and further box room/study, family bathroom, boarded loft with velux windows, beautiful rear garden, gated access to private woodland with beautiful pathways through bluebells, mature trees and a small trickling stream. Enquire further to book your appointment for the up coming launch event. DAG 26/5/20 V1

Approach - Via gated driveway with tarmacadam drive with raised borders and lawn to side, mature trees give a screen from the main road, door giving access to:

Double Glazed Porch - With further door giving access to:

L Shaped Hallway - Having stairs to first floor accommodation, central heating radiator, pantry and doors radiating to:

Dining Room - 4.5 x 3.3 (14'9" x 10'9") - Double glazed window to front elevation, obscured double glazed window to side, central heating radiator.

Through Lounge Diner - 8.0 x 3.5 (26'2" x 11'5") - Picture window to front, double glazed patio door and window to rear, coving to ceiling, t.v. point, central heating radiator.

Downstairs Cloakroom - Double glazed obscured window to side, w.c., vanity sink, central heating radiator and cloaks area.

Utility - 2.5 x 2.5 (8'2" x 8'2") - Double glazed window and door to rear elevation, sink with drainer, plumbing for automatic washing machine, wall and base units with work surfaces over, central heating radiator.

Kitchen - 3.5 x 2.9 (11'5" x 9'6") - Double glazed window to rear, one and a half bowl sink with drainer and mixer tap, plumbing for automatic washing machine, integrated electric oven and hob, range of wall and base units with roll top work surfaces over, floor mounted Worcester Danesmoor Carousel oil fired boiler, space for appliances, central heating radiator.

First Floor Landing - Having split landing with loft hatch with ladder leading to boarded loft with velux windows to rear, access to:

Bedroom One - 3.5 x 3.3 (11'5" x 10'9") - Double glazed to front with far reaching views over local countryside, central heating radiator, door to:

En-Suite Shower Room - Having w.c., pedestal wash hand basin, complementary tiling to walls, central heating radiator.

Bedroom Two - 3.6 x 3.7 (11'9" x 12'1") - Window to front, central heating radiator.

Bedroom Three - 3.6 x 3.5 (11'9" x 11'5") - Double glazed window to rear overlooking rear garden and beautiful woodland, fitted wardrobes and central heating radiator.

Bedroom Four - 3.0 x 2.5 (9'10" x 8'2") - Double glazed window to rear.

Family Bathroom - Double glazed obscured window to rear, bath with shower over, w.c., vanity sink, bidet, complementary tiling to walls, central heating radiator and airing cupboard.

Box Room/Study - 1.9 x 2.3 (6'2" x 7'6") - Double glazed window to front, fitted desk with useful storage to side and overhead units.

Tandem Garage - 9.8 x 2.9 (32'1" x 9'6") - Up and over door to front and rear of the garage with further pedestrian door giving access to garden.

Rear Garden - Having patio area, covered log store, timber shed with a further log store shed, mature borders and trees, lawned area, septic tank and the tank for the oil fired heating is also located in the rear garden. The pathway continues to meander through mature hedgerows and borders eventually arriving at a gated entrance to private woodland.

Private Woodland - Approximately 2.4 acres of mature trees, local wild flowers, bluebells and a small trickling stream.

Tenure - References to the tenure of a property are based on information supplied by the seller. We are advised that the property is freehold. A buyer is advised to obtain verification from their solicitor.

Money Laundering Regulations - In order to comply with Money Laundering Regulations, from June 2017, all prospective purchasers are required to provide the following - 1. Satisfactory photographic identification. 2. Proof of address/residency. 3. Verification of the source of purchase funds. In the absence of being able to provide appropriate physical copies of the above, Lex Allan reserves the right to obtain electronic verification.

Referral Fees - We can confirm that if we are sourcing a quotation or quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process. You should be aware that we could receive a maximum referral fee of approximately £175 should you decide to proceed with the engagement of the solicitor in question. We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business. The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.

We can also confirm that if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements. You should be aware that we receive a referral fee from Infinity for recommending their services. The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee. On average the referral fees that we have received recently are £218 per case.

The same also applies if we have introduced you to the services of Mr Tony Lowe of Green Street Surveys who we are confident will provide you with a first class service relevant to your property needs, we will again receive a referral fee equivalent to 25% of the fee that you pay to Green Street Surveys. This referral fee does not impact the actual fee that you would pay Green Street Surveys had you approached them direct as it is paid to us as an intermediary on the basis that we save them significant marketing expenditure in so doing. If you have any queries regarding the above, please feel free to contact us.

your own little piece of heaven
Agent Details
Lex Allan Grove
Lex Allan Grove Land and New Homes, 129 Worcester Road, Hagley, DY9 0NN.
Show Contact Number
01562 270 072

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Fully Classified
2.0

Forecast Report

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The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
6.7

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
2

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
Sorry, there are few recent rental listings in proximity to this property.

4 Bedroom properties in “B62” are mostly listed between £945 - £1,185 based on the 3 recent listings found.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested