Located in the heart of Old Trafford with good local schools and amenities with excellent transport links into Manchester city centre, Salford Quays and Media city including the Metro link and M60 motorway network.
In brief this spacious family home briefly comprising: - entrance hall, spacious lounge and fitted kitchen. To the first floor there are three good size bedrooms and a modern family bathroom.
Externally: - To the front of the property there is a driveway with room for off road parking and ginel entry to a good size enclosed rear garden which is mainly laid to lawn.
Entrance hall
Door opening to the hallway. Double glazed window. Staircase leading to the first floor with understairs storage. Double panel radiator. Laminate flooring.
Lounge 4.49m x 5.62m
Two Double glazed windows to front elevation. TV Point. Double panel radiator. Black and hile vinyl flooring.
Kitchen/diner 4.60m x 2.83m
Double glazed window. Fitted with a range of wall and base cream modern kitchen units with wood worktops incorporating a single drainer sink unit with mixer tap. Integrated four ring gas hobs with oven below and extractor above. Wall mounted boiler. Space for free standing fridge freezer and dining table and chairs. Glass panelled door to the rear.
Landing
Access to all first-floor rooms.
Bedroom One 5.30m x 2.94m
Double glazed windows to front elevation. Laminate flooring.
Bedroom Two 3.72m x 2.49m
Double glazed window to rear elevation. Double panel radiator. Laminate flooring.
Bedroom Three 3.69m x 2.49m
Double glazed window. Double panel radiator.
Bathroom 2.8m x 2.35m
Two double glazed frosted windows. Lovely modern white bathroom suite comprising: - Panel bath with shower over, vanity wash hand basin and WC. Stainless steel heated towel rail. Marble effect tiles to compliment.
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
