Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
42 Flixton Road, Urmston, M41 5AB
£100,000
Bathrooms
Reception
Trading Places welcomes this commercial property, nestled in a bustling neighborhood with a mix of residential and commercial establishments. The property, has large windows that flood the interior with natural light.
As you step through the front entrance, you're greeted by a spacious reception area. The reception area, creates a welcoming ambiance for visitors. Beyond the reception area, there are two additional rooms that offer versatile spaces for various purposes. These rooms could be utilized as private offices, meeting rooms, or even as retail spaces, depending on the needs of the occupants. Windows in each room provide plenty of daylight and offer views of the vibrant street outside.
The flat above boasts its own unique charm. It includes a cozy living room, a well-appointed kitchen, a comfortable bedroom, and a stylish bathroom. Whether sold together with the commercial space or separately, the flat above offers an attractive opportunity for residential living or as an additional source of income through rental.
Overall, this commercial property in Stretford seamlessly blends historic charm with modern functionality, making it an ideal investment opportunity for businesses or individuals seeking a versatile space in a prime location.
Council Tax A
Utilities - EON
EPC - Awaiting
* 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) *
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
42 Flixton Road, Urmston, M41 5AB
The Property has been saved to your favorites
/ 5
It's quick and easy
