FANTASTIC OPPORTUNITYTO PURCHASE THIS WELL PRESENTED/FULLY MODERNISED
THREE BED END TERRACED IN CHORLTON . Located in a great spot for all local
amenities and walking distance to Chorlton Village, restaurants and shops, easy
access to good local schools. This well planned accommodation comprises:-
Entrance hall, Spacious open plan lounge with staircase leading to first floor,
dining room and modern fitted kitchen with the added benefit of a ground
floor WC. Whilst to the first floor there are three bedrooms and a family
bathroom. Outside:- Blocked paved driveway to the front with a enclosed well
maintained garden to the rear. EARLY VIEWING ESSENTIAL!!
Entrance Hall - UPVC double glazed door with tiled floor.
Lounge - 5.03 x 4.93 (16'6" x 16'2") - Spacious lounge with
open spindle staircase leading to first floor. Living flame coal effect gas
fire with modern fireplace. TV Point. Double panel gas central heating
radiator. Laminate floor. Large Patio sliding doors opening to the rear garden.
Dining Room - 2.17 x 4.86 (7'1" x 15'11") - UPVC double glazed windows
to the front elevation. Double panel gas central heating radiator, wooden doors
opening to hallway.
Kitchen - 2.54 x 3.32 (8'4" x 10'11") - Modern kitchen fitted
with a range of wall and base units, with roll top work surfaces incorporating
a stainless steel single drainer sink unit with mixer tap. Integrated Four ring
gas hob and a built in oven below. Space for free standing fridge freezer,
Tiled flooring. Double glazed Sash window to front
elevation.
Ground Floor Wc - Low level WC. Wall mounted wash hand basin.
Single panel radiator. Tiled floor.
Landing - Cupboard housing the boiler. Access to all first floor rooms.
Bedroom One - 2.64 x 4.28 (8'8" x 14'1") - Double glazed sash window
to the front elevation. Double panel gas central heating radiator.
Bedroom Two - 2.59 x 2.65 (8'6" x 8'8") - Double glazed sash window
to rear elevation. Single panel gas central heating radiator.
Bedroom Three - 3.3 x 2.32 (10'10" x 7'7") - Double
glazed sash window to front elevation. Double panel gas central heating
radiator.
Bathroom - Double glazed sash window to rear elevation. White bathroom
suite comprising panel bath with shower over, pedestal wash hand basin and low
level WC. Heated towel rail. Part tiled to compliment.
Outside - Block paved driveway to the front. Enclosed lawn garden to the
rear with well established shrub borders and paved patio area.
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 |
