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261 Upper Brook Street, Manchester, M13 0HR
£525,000
Bedrooms
1 Click Move are proud to bring to market this stunning, immaculately presented two bedroom Apartment on 8th floor,Beetham Tower development. Boasting spectacular city panoramic views, modern kitchen with open plan living, two double bedrooms, two bathrooms and floor to ceiling windows throughout the balcony and kitchen there is much to be desired about this property. Complete with its own allocated parking space, and 24 hour concierge service, DevelopmentBeetham Tower is a landmark 47-storey mixed-use skyscraper and was completed in 2006, it is named after its developers, the Beetham Organisation, and was designed by Ian Simpson. Occupying a narrow plot of land at the top of Deansgate, the development was proposed in July 2003 and construction started a year later. At a height of 168 metres (551 ft), it is the tallest skyscraper in Manchester, the ninth tallest building in the United Kingdom and the tallest outside London. The Hilton Hotel occupies space up to level 22 and a four-metre cantilever marks level 23 where the Cloud 23 bar is located.
Map location is not available for this property.
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.
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