3 bedroom semi detached for sale

£269,950

3

Bedrooms

3

Bathrooms

1

Reception

Floorplan

C & R Hulme are delighted to offer this fantastic 3 bedroom, 2.5 Bathroom property in an excellent location with Oxford Road, city centre and universities all in close proximity. The property boasts three bedrooms, good sized lounge, 2.5 bathrooms and a fully fitted kitchen. The property benefits from an upgraded boiler providing gas central heating, as well as recently fitted double glazing and allocated parking as well as front and rear gardens. Local amenities include excellent primary schools, ASDA and Argos as well as all universities and St Marys hospital. There are excellent transport links with Princess Parkway nearby and good bus services. Viewing highly recommended. This property would suit a first time buyer or an investor.



Features
  • Leasehold


Property additional info

Entrance Hall:
New Modern Grey Colour Composite Front Door. Radiator. Ceiling Light point.

Downstairs W.C: 1.86m x 0.77m (6' 1" x 2' 6")
UPVC Double glazed window to front elevation, W.C, hand wash basin with pedestal. Radiator.

Lounge: 3.95m x 3.47m (13' x 11' 5")
UPVC Double glazed window to front & side elevation. Panel radiator. Adequate power points. TV point. BT point and ceiling light point. Understairs storage. Opening up to:

Dining Room: 3.07m x 2.16m (10' 1" x 7' 1")
UPVC Double glazed French doors to rear elevation. Radiator, range of power point, ceiling light point. Door to kitchen.

Kitchen: 3.07m x 2.56m (10' 1" x 8' 5")
UPVC Double glazed French doors to rear elevation. Single panel radiator. Range of base and wall units in white melamine with grey melamine worktops. White splashback tiles. Integrated electric oven, gas hob & extractor hood. Ideal Logik boiler. Washing machine &, greenwood airvac extractor fan. Single drainer sink with mixer tap. 2 X ceiling lights. Storage Cupboard.

Stairs/landing:
Smoke alarm. Ceiling light point. Left access hatch.

Principle Bedroom: 3.73m x 3.65m (12' 3" x 12' )
2 x UPVC double glazed windows to front elevation. Single panel radiator. Adequate power points.. BT Point. Ceiling light point.

Ensuite: 1.72m x 1.72m (5' 8" x 5' 8")
UPVC double glazed window to front elevation Three piece white suite comprising shower cubicle with power shower, handwash basin with pedestal and WC. White splash back tiles to full height around shower. Greenwood airvac ceiling light point. Single panel radiator.

Bedroom 2: 2.70m x 2.54m (8' 10" x 8' 4")
UPVC double glazed windows to rear elevation. Single panel radiator. Adequate power points. Ceiling light point

Bedroom 3: 2.01m x 1.94m (6' 7" x 6' 4")
UPVC double glazed windows to rear elevation. Single panel radiator. Adequate power points. Ceiling light point.

Bathroom: 1.90m x 1.77m (6' 3" x 5' 10")
UPVC double glazed window to side elevation. Three piece white suite comprising; white bath with panel and chrome mixer shower, Vanity unit with handwash basin with pedestal and WC. White splash back tiles to full height around bath. Shaving point. Greenwood airvac ceiling light point. Chrome towel radiator.

Gardens:
Front Garden slabbed area and remainder loose pebbles Rear Garden Large flagged patio area with the laid with loose pebbles. Access into carpark.

Tenure:
Leasehold 150 years granted in 1997. Service Charge: A service charge is payable which is 88.00 per calendar month payable to Riverside Housing. The charge includes yearly ground rent, up keep of the communal car park and boundary walls as well as buildings insurance. EPC: C

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.

Nearest Stations:

0.6 miles
Deansgate
0.83 miles
Manchester Oxford Road
1.16 miles
Salford Central
1.33 miles
Manchester Piccadilly
1.39 miles
Manchester United Football Ground

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

£ 225408.75

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
    £ 6748.75
  • 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

£ 22946.25
  • 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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