Trading Places are pleased to have on the market this fantastic size period family home built in 1906 boasting many original features, lovely high ceilings with feature coving and Cast Iron fireplaces.
In brief this property comprising of:-
A lovely welcoming entrance hallway which retains all original coving including original above door mouldings and arts and crafts staircase.
The front reception room has an art nouveau open fire place and original surround and decorative architectural bay window arch.
The rear reception room has dual fuel log burner, original coving and opens to the Conservatory.
Large open plan newly fitted Kütchenhaus kitchen with integrated appliances, Quooker tap, larder cupboard complete with copper splash back, with access to the 3 roomed central heated cellar including an office room, gym area and white goods with sink and storage area, with the convenience of an outdoor toilet.
The ground foor has the benefit of a shower room with a marble floor and a double width shower. Original polished wooden floors throughout downstairs. Wool carpets in the rest of the rooms and stair case and landing.
To the first floor there are four generous size double bedrooms with cast iron fireplaces.
The master bedroom is to the rear with French doors opening to a balcony with outstanding views over Victoria Park.
A large family bathroom with roll top shower bath and high cistern Burlington toilet.
The first floor also benefits from a laundry room including plumbing for washing machine and an extra large hatch to the enormous loft space.
Externally:- Shale driveway to the front with room for two cars. A bespoke design iron gate which was commissioned to replicate the gates of the local Victoria park gates on Park Road leads to the rear family size garden which is mainly laid to lawn with shrub borders, pond surrounded by bamboo, a two storey playhouse, pergola and wood shed. Gated access direct into Victoria Park which is a quiet park containing a tennis court, basketball court and other benefits such as a tranquility garden and children’s playgrounds.
The location of this period home is convenient for links to media city, Manchester City and is in the catchment of Stretford Grammar school with easy access to surrounding areas, Chorlton, sale and Urmston.
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 |
