3 bedroom semi detached for sale

£250,000 Guide Price

3

Bedrooms

1

Bathrooms

1

Reception

Floorplan

C & R Hulme are delighted to offer this well presented 3 bedroom Semi detached property in Hulme. This great family home consists of a large bright lounge and fitted kitchen. To the 1st floor the home offers 3 good sized bedrooms with a modern fitted bathroom. Other benefits include gas central heating and UPVC double glazing through out. Externally are well presented front and rear gardens and a communal carpark offering a secure parking space. Great location as the property is situated near several educational facilities for all ages including University of Manchester and Manchester Metropolitan Universities and in close proximity to the city centre. Excellent links into and out of the city.

Property additional info

Entrance Hall:
UPVC Glazed door. Laminate Flooring. Ceiling light point, Power points. Storage cupboard providing useful storage space and consumer unit.

Lounge: 5.89m x 3.87m (19' 4" x 12' 8")
Maximum points. Panelled door. Laminate Flooring 3 x UPVC windows, Range of power points, Ceiling Light Point. Stairs to landing and 1st floor

Family Kitchen: 3.87m x 2.95m (12' 8" x 9' 8")
Panelled door 2 x UPVC windows. Well presented shaker style kitchenoffering a range of floor and wall units finished in white with dark grey worktops. Inset sink with mixer tap. Electric induction Hob & oven with extractor over. White splash back tiles. Range of power points and ceiling light points. Back door leading to the rear garden.

Stairs & Landing:
Stairs leading to the 1st floor from the lounge. UPVC window to 1st floor landing. Access hatch to roof space.

Principal Bedroom: 3.87m x 3.51m (12' 8" x 11' 6")
Maximum Points. Panelled door. UPVC window to the front, storage area to the side providing wardrobe storage space. Range of Power points. Ceiling light point.

Bedroom 2: 3.54m x 2.40m (11' 7" x 7' 10")
Panelled door. UPVC window to the front. Range of power points and ceiling light point.

Bedroom 3: 2.16m x 2.08m (7' 1" x 6' 10")
Panelled door. UPVC to front. Range of power points and ceiling light point.

Bathroom: 2.60m x 1.40m (8' 6" x 4' 7")
Panelled door. UPVC Window to rear. Modern fitted white suite consisting of bath with panel and thermostatic power shower over. W.C and hand wash basin. Cream tiles to full height around bath and w.c. Contemporary grey radiator.

External:
Fore Garden. walled garden with metal gates. Grassed area with paved walk way. Rear Garden. Slabbed walkway area, patio area and the remainder laid to lawn. Peremiter wooden panel fencing all round with access gate leading to the communal carpark.

Tenure:
Tenure Tenure: Leasehold 150 years granted in 1996. Service Charge: A service charge is payable which is 39.02 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: 72C

Agents Notes:
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:

0.68 miles
Deansgate
0.87 miles
Manchester Oxford Road
1.25 miles
Salford Central
1.36 miles
Manchester Piccadilly
1.41 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

£ 208950

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
    £ 6250
  • 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

£ 21450
  • 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

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£
  %

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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