This three bedroom semi detached property with extended kitchen and detached garage located on a popular Stretford road close to the Urmston border. In brief the property comprises of, porch, hallway, downstairs wc, bay fronted open plan lounge/diner, morning room and kitchen. To the first floor there is a landing, three well proportioned bedrooms and a family bathroom. To the front of the property is a gated driveway with double gates leading down the side to a detached garage, further to the rear is a mainly paved privately enclosed garden .
The property is located close to the Urmston border with popular local schools and amenities and just a short commute into Manchester city centre, Media city and Salford Quays.
*** NO CHAIN ***
Porch - Door leading in.
Hallway - UPVC double glazing door, double radiator.
Lounge / Diner - 6.78m x 6.90m - UPVC double glazed bay window to
front elevation, UPVC double glazed window to rear elevation, gas fire with
wooden surround, x2 double radiators and a picture rail.
Morning Room - 2.28m x 2.06m - UPVC double glazed window to side
elevation, double radiator.
Kitchen- 2.80m 2.85m - UPVC double glazed door to side elevation, x2 UPVC double glazed windows, selection of base units fitted with work surfaces incorporating a 1.5 bowl sink with mixer tap, space for a cooker, tiled splash backs, wall mounted combination boiler and vinyl flooring.
Downstairs WC - UPVC double glazed window to side elevation,low level w/c and hand basin.
Shaped Landing - UPVC double glazed window to the side elevation
and loft access.
Bedroom One - 3.4m x 2.9m - UPVC double glazed bay window to the
front elevation, picture rail, double panel radiator and built in wardrobes.
Bedroom Two - 3.25m x 2.75m - UPVC double glazed window to the rear
elevation, fitted wardrobes, picture rail and double panel radiator.
Bedroom Three - 2.6m x 2.15m - UPVC double glazed window to the
front elevation, double panel radiator and built in wardrobes.
Bathroom - 1.83m x 2.12m UPVC double glazed window to the side
elevation, three piece fitted bathroom suite comprising of, walk in shower
cubicle, sink with pedestal, low level w/c, fully tiled walls and heated chrome
towel radiator.
Externally - To the front of the property is a gated driveway
leading down the side to a detached garage, to the rear is a mainly paved
garden with well stocked borders and patio area.
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