TWO BEDROOMS MID TERRACED WITH LARGE ENCLOSED PAVED COURTYARD.
BEING SOLD WITH NO CHAIN
Trading Places are pleased to bring to the market this spacious two bedroom mid terraced in need of some updating.
The property is situated in a much sought after location of Stretford, with good public transport and a nearby Metrolink station providing easy access into the city centre. Short car journey to M60, The Trafford Centre and Media city.
In brief the property comprises: - Entrance porch leading to the front reception room, rear reception room leading to a fitted kitchen and small utility storage area. . To the first floor there are two double bedrooms and a large family bathroom. The property is double glazed throughout and is warmed by gas central heating.
Externally: - Small Garden to the front and a large enclosed paved Courtyard to the rear with gated access.
Entrance Porch
Hardwood door opening to the entrance porch into the front reception room.
Reception One
Double glazed bay window to front elevation. TV Point. Fireplace. Radiator.
Reception Two
Double glazed window to rear elevation. Understairs storage. Door leading to inner hall with staircase leading to the first floor.
Kitchen 2.4m x 2.8m
Double glazed window to side elevation. Fitted with a range of wall and base units incorporating a single drainer sink unit with mixer tap. Gas cooker point. Plumbed for washing machine. and space for free standing fridge freezer.
Utility Room/Storage Room 2.2m x 1.2m
Built in storage. Door to the rear.
Landing
Access to all first-floor rooms.
Bedroom One
Two Double glazed windows to front elevation. Feature fireplace. Radiator.
Bedroom Two
Double glazed window to rear elevation. Radiator.
Bathroom
Double glazed frosted window. Fitted with a four-piece bathroom suite comprising panel bath, bidet, pedestal wash hand basin and WC. Half panelled wood walls. Storage cupboard housing boiler.
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 |
