FANTASTIC THREE STOREY FOUR BEDROOM TOWNHOUSE FAMILY RESIDENCE FOR SALE which is located in a sought-after location and within walking proximity of Edge Lane metro link station, Longford Park, other local transport links and a short walk from Chorlton’s bars and restaurants. Good local schools are within walking distance.
The property has been renovated throughout to a high standard and have converted the integral garage. In brief the property comprises: - Entrance hallway with under stairs storage. To the first floor there is a large family kitchen/breakfast room with some integrated appliances and large kitchen island and Office Room. To the 2nd floor there is a lounge and bedroom four and on the third floor there are three bedrooms and a family bathroom.
The property is fitted with plantation shutters.
Externally
To the front of the property is a large block paved driveway providing off road
parking and a further area which could be converted for a further parking
space. There is an electric point. To the rear of the property is a fully
landscaped garden with a variety of paving and gravel with access to the
property via French doors leading to the kitchen/ breakfast room. Outside hot
and cold tap.
Entrance hall
Stairs with under stair storage Radiator.
Kitchen/breakfast room. 5.8m x 4.0m
Superb family kitchen/dining area fitted with a bespoke kitchen with large kitchen island with integrated washing machine, dishwasher incorporating a sink unit with mixer tap. Space for large smeg cooker. Tiled floor. Space for large fridge freezer. Double glazed patio doors opening to the garden.
Office 3.7 x 3.0
Double glazed window. Radiator.
2nd Floor
Lounge 5.8m x 4.0m
Double glazed window to rear elevation. TV Point. Radiator. Wood flooring
Bedroom Four 3.9m x 3.0m
Double glazed bay window to front elevation. Radiator. Wood flooring.
3rd Floor
Bedroom One with ensuite 4.0m x 3.0m
Double glazed window to front elevation. Radiator.
Open to ensuite:- walk in shower, vanity wash hand basin and WC.
Bedroom Two 4.0m x 2.8m
Double glazed window to front elevation. Radiator. Wood flooring.
Family Bathroom
Double glazed frosted window. White bathroom suite comprising: - Walk in shower, fitted vanity sink and storage. WC. Radiator. Tiled to compliment.
Bedroom Three 3.9m x 3.0m
Double glazed bay window. Radiator. Wood flooring.
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
