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42 Flixton Road, Urmston, M41 5AB
£450,000
Bedrooms
Bathrooms
Reception
Prime Mixed-Use Property in the Heart of Stretford Ideal for Investors or Owner-Operators
Situated in the vibrant heart of Stretford, just moments from the M60 and the exciting regeneration of Stretford Mall, this versatile property offers a rare opportunity for investors, hospitality professionals, or those seeking a flexible live/work lifestyle.
Originally two separate houses, the property has been seamlessly converted into a spacious mixed-use premises but could easily be reverted back to two individual dwellings if desired, offering further investment potential.
Ground Floor Ready-to-Trade Hospitality Space
The ground floor features a welcoming and well-designed bar and restaurant area, complete with:
A fully equipped commercial kitchen
Customer WC facilities
A spacious dining/bar area ideal for a caf, bar, or eatery
. Licenced for on and off premises
Benefiting from high footfall, excellent visibility, and outstanding transport connections, the location is perfect for establishing a thriving hospitality or retail business.
First Floor Spacious Residential Apartment
Upstairs, the first floor hosts a generous two-bedroom apartment comprising:
A bright and airy reception/living room
Two large double bedrooms
A well-appointed full bathroom
This accommodation is ideal for an owner-operator.
Key Features:
Prime location near the M60 and Stretford Mall redevelopment
Mixed-use with commercial and residential potential
Option to reconfigure back into two separate properties
Walking distance to local amenities and transport links
Excellent long-term growth and ROI potential
Dont miss this unique chance to invest in one of Greater Manchesters most rapidly developing areas.
* 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
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