Two Bedroom spacious Ground Floor Apartment in the heart of Chorlton Village situated in this popular purpose-built development off Wilbraham Road in Chorlton. It is located in a fantastic position and is in walking distance to both St Werburgh’s Road and Chorlton Metrolink Stations offering quick and easy access into the City Centre, Media City and surrounding areas.
The apartment is well planned and comprises; a communal entrance hallway, private entrance hall with two generous storage cupboards, an inner hallway with further storage, a spacious open plan lounge/dining room, a fitted kitchen, two well-proportioned bedrooms and a Shower Room. The apartment benefits from; double-glazing throughout, electric heating, ample storage space, off road parking and well maintained communal lawned gardens.
The Tealby Court development benefits from a driveway leading to the rear communal parking area. Mainly laid to lawn with a variety of mature trees and shrubs.
Communal Entrance
Mailboxes and stairs leading to all apartments.
Hallway 1.6m x 2.4m
Storage cupboards. Newly fitted carpet and electric heater.
Lounge/Dining Room 3.2m x 6.1m
Double glazed floor to ceiling window making the room light and airy. TV Point. Space for dining table and chairs. Two electric heaters. Newly laid carpet.
Kitchen 2.3m x 3.0m
Double glazed window. Fitted with a range of wall and base units with contrasting worktops, incorporating a single drainer sink unit with mixer tap. Electric cooker point, fridge, and freezer. Plumbed for washing machine. Small breakfast bar. Lino flooring.
Bedroom One 2.7m x 3.6m
Double glazed window. Built in wardrobes and storage space. Electric heater. Fitted with carpet.
Bedroom Two 2.4m x 2.7m
Double glazed window. Fitted with carpet.
Bathroom 1.7m x 2,2m
Fitted with a walk in shower room, wash hand basin and WC. Fully tiled to complement.
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
