ATTRACTIVE TWO BEDROOM TERRACED IN THE EVER-POPULAR GORSE HILL AREA!!
***MANY ORIGINAL FEATURES***
Trading Places are pleased to have on the market this perfect first-time buyers’ opportunity to purchase this lovely property which is in move in condition.
Situated in a great location for all amenities, good transport links into the City Centre, Media City and the Trafford Centre. Walking distance to well respected schools
In brief the property comprising: entrance hall, two reception rooms and a fitted kitchen. To the first floor there are two double bedrooms and a family bathroom.
Externally: - Enclosed Courtyard to the rear with gated entrance.
HALL
UPVC door opening to a welcoming hallway with high ceiling with staircase leading to the first floor. Alarm control panel. Radiator. Original wood flooring
RECEPTION ONE 3.40m x 3.80m
Double glazed bay window to front elevation. TV Point. Feature fireplace. Built in storage and shelving. Radiator. Wood flooring.
RECEPTION TWO 3.30M X 4.00M
Double glazed window to rear elevation. Understairs storage, Radiator. Carpet.
KITCHEN 2.80m x 2.90m
Double glazed window to rear elevation. Fitted with a range of wall and base units with contrasting worktops and tiled splashbacks. Single drainer sink unit with mixer tap, four ring gas hobs with oven below and extractor fan above. Plumbed for washing machine. Door to the side.
LANDING
Loft access.
BEDROOM ONE 4.00m x 4.30m
Two double glazed windows to front elevation, Original Cast Iron fireplace. Radiator.
BEDROOM TWO 2.70M X 3.80M
Double glazed window. to rear elevation. Original Cast Iron fireplace. Radiator.
BATHROOM 2.80m x 3.00m
Double glazed frosted window to rear elevation. White bathroom suite comprising: - walk in shower unit, panel bath, pedestal wash hand basin and WC. Radiator. Storage cupboard. Tiled to compliment.
Tenure : Leasehold
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
