A beautifully appointed period family home offering family accommodation over four floors measuring 1650SQFT. To fully appreciate the quality and size we strongly recommend an internal inspection. Situated very close to Urmston Town Centre, this property is only a short walk to local schools, bus routes, and local amenities. Combining period features with luxury fittings, including a contemporary family bathroom suite. The basement has been converted and has two large chambers offering flexible living accommodation and bathroom facilities with its own front door allowing it to be self-contained. In further detail comprising- entrance hallway with an attractive spindle staircase, doors to the ground floor rooms and basement. A large open plan living room & dining room with bay windows to the front and side elevations. Kitchen to the rear overlooking the garden fitted with a range of cream 'shaker' style units and incorporating a breakfast bar. On the first floor there is a large bedroom with a range of bespoke white fitted wardrobes. Bedroom three with a window to the side elevation, and a stunning 12ft family bathroom with a 4 piece suite including a large walk-in shower, underfloor heating, flush fitting recessed taps and a contemporary 'Hansgrohe' free standing angular bath. On the 2nd floor, the is a magnificent master bedroom suite with bespoke fitted furniture, velux windows bringing in floods of natural light, and a large en-suite shower room. The basement offers fantastic head height two large rooms, toilet, and a storage room with drainage and potential to convert to a shower room. Outside, a driveway provides ample off road parking. The rear garden is fully enclosed and low maintenance with a 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 |
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