Commercial property with land

£1,000,000 Offers in excess of

12

Bedrooms

Floorplan

WARBURTON CHASE .

(Hotel for the Active Elderly)

A RESIDENTIAL COMMERCIAL OPPORTUNITY with EXISTING PLANNING PERMISSION in the CARE INDUSTRY.

Within mature private gardens Warburton Chase is a Property of DISTINCTION on Warburton Lane ,Partington.

Having Been Built By Badgers during the millennium, the property is convenient to the village of Lymm, Warburton, and Partington.

Currently there is extensive residential development within Partington , a village which is rapidly becoming a place of the future.

Warburton Chase is Presented with existing Planning Permissions for commercial usage within the Care industry ..Compliance with the required standards has been fully completed throughout.

The overall commercial business and residential permissions offer a RARE BUSINESS OPPOTUNITY with substantial returns , together with expansion potential for the CARE industry,.

Within the permitted permissions, the property and grounds are especially suitable for SPECIALIST PRIVATE PRACTICE.

RESIDENTIAL Restbite Care

HOTEL for the Active Elderly.

Warburton Chase accomadation offers 12 bedrooms , Which are designed between two individual areas , most suitable for specialised care, and all the required specifications for such registrations are complied with.

The property is offered fully equipped., ready to trade.

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There is also a further adjacent area of land offered, which currently facilitates independent living accomadation for 12 persons within 4 static homes.,known as Windrush

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The property and grounds , together with the existing Planning permissions , are also suitable and easily adapted to ALTERNATIVE USAGE .

For Further details of both

Warburton Chase and Windrush

enquiries direct to

Lee Bryant

Trading Places

07894293256.

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Nearest Stations:

1.6 miles
Irlam
1.64 miles
Glazebrook
2.99 miles
Flixton
3.57 miles
Chassen Road
3.81 miles
Navigation Road

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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