SOLD WITH NO CHAIN!!!
Set in a great location for all local amenities offering great transport links including the M60 motorway network and just a short commute into Manchester City Centre, Media City, Salford Quays, and the ever popular Trafford Centre and also in the catchment area for Lostock High School and Humphrey Park train station is close by.
In brief this lovely well-maintained home briefly comprising: - Entrance Hall, large bay fronted through lounge with patio doors opening to the rear garden. A lovely kitchen/diner and the added benefit of a ground floor WC. To the first floor there are three bedrooms and a modern bathroom.
Externally: - There is a driveway to the front with room for off road parking and to the rear is an enclosed garden mainly laid to lawn with separate patio area. Detached garage.
Entrance Porch
Double glazed porch.
Entrance hall 3.2m x 1.97m
UPVC door opening to a lovely light and airy hallway. Stairs leading to the first floor. Double panel radiator and tiled floor.
Through lounge 6.90m x 3.49m
Double glazed square bay window to front elevation. Gas fire with wood surround. TV Point. Two double panel radiators, Ceiling coving. Sliding double glazed patio doors opening to the rear garden.
Ground floor WC 1.31m x 1.12m
Fitted with a WC and wall mounted sink and small double glazed frosted window to the side. Fully tiled.
Kitchen/Diner 5.03m x 2.67m
Double glazed window to rear and side elevation. Fitted with a range of wall and base units with contrasting worktops incorporating a single drainer sink unit and mixer tap. Space for electric cooker. Plumbed for washing machine. Space for free standing fridge freezer. Double panel radiator. Dining area. Tiled floor. Door to side.
Landing
Access to all first-floor rooms.
Bedroom One 3.57m x 3.39m
Double glazed square bay window to front elevation. Ceiling fan. Radiator.
Bedroom Two 3.49m x 2.71m
Double glazed window to rear elevation. Double panel radiator.
Bedroom Three 2.1m x 2.1m
Double glazed window to front elevation. Fitted storage cupboards, Double panel radiator.
Bathroom 2.25m x 1.77m
Double glazed frosted window to side elevation. Lovely modern bathroom with corner shower unit, vanity wash hand unit and low-level WC. Chrome heated towel rail. Extractor fan. Fully tiled to compliment.
Tenure : Leasehold
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
