This could make a superb home and offers the benefit of further developments within the area to make the most of its positioning in this very sought-after area of Manchester.
EARLY VIEWING HIGHLY RECOMMENDED!!!
Entrance Porch
Open window porch.
Entrance Hallway
Hardwood glass panelled door opening to a welcoming hallway with open spindle staircase leading to the first floor. Double-glazed stained-glass window to the side. Door to Ground floor WC.
Ground floor WC
Double glazed frosted window Fitted with a WC and wall mounted sink unit. Tiled walls.
Reception One 3.68m x 3.66m
Double glazed bay window to front elevation. Feature picture rail and decorative ceiling rose. Gas fire with fireplace. Radiator.
Reception Two 4.97m x 3.67m
Double glazed Georgian style French door. Gas fire with fireplace. TV Point. Feature picture rail and decorative ceiling rose. Radiator.
Kitchen/Diner 6.64m x 2.43m
Double glazed windows to rear and side elevation. Fitted with a range of wall and base units with tiled splashback incorporating a single drainer stainless steel sink unit with mixer tap. Integrated four ring gas hob with extractor above and oven below. Plumbed for washing machine and space for free standing fridge freezer. Wall mounted boiler housed in unit. Laminate wooden floor. Kitchen area with side door access through stable door.
Landing
Double-glazed stained-glass window to side elevation. Access to loft which has a drop-down ladder and is boarded out.
Bedroom One 3.69m x 3.27m
Double glazed bay window to front elevation. Fitted wardrobes. Radiator.
Bedroom Two 3.05m x 3.85m
Double glazed window to rear elevation. Fitted wardrobes. Radiator.
Bedroom Three 2.46m x 2.43m
Double glazed window to front elevation. Radiator.
Family Bathroom 2.40m x 2.42m
Double glazed frosted window. A good size family bathroom containing a corner bath and a walk-in shower a vanity wash hand basin and WC. Part tiled to compliment.
Garden: - Walled Garden to the front and to the rear is a good size family garden mainly laid to lawn with shrub borders and a separate patio area.
Detached garage.
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
