3 bedroom town house for sale

£315,000 Guide Price

3

Bedrooms

3

Bathrooms

1

Reception

Floorplan

C & R HULME are delighted to offer for sale this large three bedroom furnished Town house in the popular area of Fallowfield, offering easy access to all local amenities and transport links. The property comes with a entrance hall, a large lounge, fitted kitchen a bonus conservatory, three good sized bedrooms, master with ensuite & walk in wardrobe, downstairs WC and family bathroom. The property also has secure parking as well as on street parking and rear and front gardens! Must See !! The property is currently rented at 1100.00 per month on a periodic basis. Available with Vacant possesion. NO CHAIN.




Features
  • Leasehold


Property additional info

Entrance Hall:
1/2 Glazed panel door. Radiator, alarm panel. radiator. Access to all rooms

Kitchen: 3.00m x 2.66m (9.84ft x 8.73ft)
UPVC to front elevation. ceremiv tiled floor. Fitted kitchen finished in beech with range of floor and wall units. Grey speckled worktops, inset sink with chrome mixer tap, inset gas hob and oven with extractor over. white splash back tiles. veiling light point. Range of power points.

Lounge/Diner: 4.70m x 4.70m (15.42ft x 15.42ft)
Laminate Floor. UPVC to rear & sliding patio door.radiator, range of power points. 2 ceiling light points.

Conservatory: 3.73m x 2.87m (12.24ft x 9.42ft)
UPVC windows all round with double doors to the garden. Laminate flooring. radiator, range of power points

W.C: 1.62m x 0.85m (5.31ft x 2.79ft)
Panelled door. white corner sink, low level W.C radaitaor.

Stairs & landing:
Stairs to 1st floor. UPVC to front elevation.

Bedroom 2: 4.20m x 2.57m (13.78ft x 8.43ft)
Panelled Door. 2 x UPVC to rear. Fitted wardrobes in maple finsh. Ceiling light point & range of power points.

Bedroom 3: 3.09m x 2.60m (10.14ft x 8.53ft)
Panelled Door. UPVC to front. Fitted wardrobes in maple finsh. Ceiling light point & range of power points.

Bathroom: 2.60m x 2.01m (8.53ft x 6.59ft)
Panelled door. 3 piece white suite consisting of bath with shower over, handwash basin with chrome mixer tap. Low level W.C. cabinet. ceiling light point. Extractor fan. Radiator. Boiler room housing central heating boiler.

Master Bedroom: 4.09m x 3.70m (13.42ft x 12.14ft)
Panelled Door. UPVC to front radiator, ceiling light point, range of power points.

Walk in Wardrobe: 1.68m x 1.68m (5.51ft x 5.51ft)
Shelves and hanging rails.

Ensuite Shower Room: 2.84m x 1.65m (9.32ft x 5.41ft)
3 Piece white suite consiting of shower cubicle with folding doors and thermostatic shower. low level W.C, hand wash basin. Sky light. veiling light point.

External:
Front Garden Bricked wall, small front garden area with Bin Shed. Rear Garden. Goodl sized lawned area with panel fencing all round. 1 Parking space is available in secure carpark.

Tenure:
Leasehold: 977 Years remaining with an annual ground rent of 134.00. Service charge payable to HML @ 25.04 per month EPC RATED: 76C

Agents Notes:
NOTICE: C & R Properties for themselves and for the vendors or lessors of this property whos agents they are give notice that: (i) the particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute, nor part of an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or other wise as to the correctness of each of them; (iii) no person in the employment of C & R Properties has any authority to make or give any representation or warranty whatever in relation to this property. (iv) Please note that any services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order.

Nearest Stations:

1.06 miles
Mauldeth Road
1.54 miles
Burnage
1.57 miles
Levenshulme
2.17 miles
Ardwick
2.26 miles
East Didsbury

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

£ 262575

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
    £ 7875
  • 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

£ 26325
  • 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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