.**A STUNNING HOME WITH OVER 6200 SQFT SITTING IN 1/2 OF AN ACRE GARDENS**
'LYNWOOD' is a magnificent Victorian family home, development or investment opportunity. TRADING PLACES Estate Agents are honoured to bring to market this unique Victorian Manor House.
Situated in a favoured residential location in the heart of Ellesmere Park, and only a short walk through tree lined avenues to the very trendy (popular) Monton Village, this is a sumptuous period detached family home with living accommodation over 6,200sq ft. One of the original 1880 Victorian properties, the house has been sympathetically extended into one of the largest and arguably the finest in Ellesmere Park.
'Lynwood' has been in the family for over 70 years and is well set back from the road and accessed via double gates. In addition, privacy is enhanced by many beautiful mature trees, walls and decorative railings.
Offering extensive and spacious accommodation throughout, the property boasts several reception rooms, eight bedrooms, three kitchens and several bathrooms. Full footprinted cellars are ideal for conversion providing potential for further living accommodation.
Additional features include:
- Separate services for each floor
- A long driveway to the right-hand side of the property leading to further parking at the rear provides off road parking for several vehicles
- A single brick garage
This unique, one-off property is a must view for any developer, investor or family! The calm verdant community and green oasis that is Ellesmere Park is only a very short distance from The City Centre of Manchester, Media City, Salford Royal, The Trafford Centre and many more surrounding areas.
Tenure : Freehold
Tenure : Freehold
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
Firstly, let’s begin with a few details about you
