***NANSEN STREET STRETFORD***
***FREEHOLD PROPERTY***
**SPACIOUS TWO BEDROOM TERRACED WITH GOOD SIZE GARDEN TO THE REAR**
**PERFECT FIRST TIME BUYER OPPORTUNITY**
**SOLD WITH NO CHAIN**
**GORSE HILL AREA**
Trading Places are pleased to have available this spacious two bedroom mid terraced with newly installed carpets and blinds.
In brief the accommodation comprising: - entrance hall, lounge, dining room. To the first floor there are two double bedrooms and a family bathroom. Enclosed garden with gated access.
Location: - Conveniently located for all local amenities, good schools and the Metrolink station nearby offering easy access into the City Centre and Media City.
Entrance Hall
Staircase leading to the first floor.
Reception One 3.5m x 3.7m
Double glazed window to front elevation. Radiator. Newly fitted carpet.
Reception Two 4.4m x 4.7m
Double glazed window to rear elevation. Understairs storage. Radiator. Newly installed carpet.
Kitchen 2.4m x 2.8m
Double glazed window to rear Fitted with a range of wall and base units with contrasting worktops and tiled splashback, incorporating a single drainer sink unit with mixer tap. Integrated four ring gas hob with oven below. Plumbed for washing machine and space for fridge freezer. Wall mounted boiler. Radiator. Back door.
Landing
Loft access.
Bedroom One 3.7m x 4.4m
Two double glazed windows to front elevation. Radiator.
Bedroom Two 3.6m x 3.7m
Double glazed window to rear elevation. Radiator. Newly installed carpet.
Bathroom 2.6m x 2.7m
Double glazed frosted window. White bathroom suite comprising: - P shaped bath with shower over, pedestal wash hand basin and WC. Radiator. Tiled flooring.
Tenure : Freehold
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
