'Rivington' is an enviable SIX BEDROOM/TWO BATHROOM Edwardian semi-detached residence that offers elegant accommodation arranged over three extensive floors dating back to 1902. Over the years, this property has been the subject of improvements and offers a well presented, immaculate and flexible accommodation, whilst still retaining its original historic charm, blending these perfectly with contemporary features. With a generous floor area of almost 2700 square feet, which includes an attractive reception entrance hallway, a formal living room, a generously sized dining room overlooking the South Facing Rear Garden, a bay fronted morning room with wood burner, leading to a fitted kitchen with integral appliances and patio doors out to the tranquil side garden. A stunning extended family room with separate utility room and W.C. completes the ground floor accommodation. To the first-floor level, an attractive shaped landing provides entry into three generously sized bedrooms and four piece family bathroom. Stairs leading to second floor landing with a further three bedrooms and a 'Jack&Jill' four-piece bathroom. Externally, this home enjoys a lovely tree lined approach along Irlam Road, accessed via a stone block driveway with extensive parking facilities for multiple vehicles. One of the great strengths of this period family home, its secluded rear garden, landscaped to provide shaped lawned gardens, a paved seating area, and a number of well established, impressive trees. Further benefits of this unique property include newly installed 'Sash style' double glazing to the rear and side. Conveniently situated within easy reach of Urmston town centre with its excellent range of shops, general services and restaurants. For commuters, the property positioned is within close proximity to the motorway network and Flixton Train Station.
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