Trading Places welcomes this charming two-bedroom, two-reception property house in the Gorse Hill area of Stretford. It is ideal for families or professionals seeking a comfortable and conveniently located home. The property boasts spacious bedrooms, each designed to accommodate large beds and additional furniture, ensuring ample storage and relaxation space. Both bedrooms are well-lit, featuring large windows that allow plenty of natural light to stream in.
The house includes a generous bathroom, equipped with fixtures and fittings, providing a luxurious space for unwinding. The bathroom's size allows for a full suite ensuring comfort and convenience for the household.
The two reception rooms offer versatile living spaces. The first reception room, located at the front of the house, is perfect for a cozy living area or a formal sitting room. The second reception room, which could serve as a dining room or a secondary lounge, provides a flexible space that can be tailored to suit your lifestyle needs. Some of the standout features of this property include its proximity to the Metrolink and other public transport options, making commuting and travel easy and efficient. For families, the house is conveniently close to local primary and high schools, ensuring that educational facilities are within easy reach.
The Gorse Hill area itself is a vibrant community with a range of local amenities, including shops, parks, and recreational facilities, all contributing to a comfortable and enjoyable living experience. This house perfectly blends spacious, practical living with the convenience of excellent transport links and local services.
Council Tax - A
EPC - TBC
Utilities EON
Leasehold
Ground Rent TBC
* Disclaimer * (While every effort has been made to ensure the accuracy and completeness of the information, Trading Places and the seller makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability or suitability of the information contained in this advertisement for any purpose and any reliance you place on such information is strictly at your own risk. All information should be confirmed by your Legal representative)
Tenure : Leasehold
Council Tax Band : A
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
