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£365,000
Bedrooms
Bathrooms
This stunning three-bedroom semi-detached family home is proudly offered for sale on Penarth Road, Northenden. Thoughtfully designed and well-presented throughout, this property offers a fantastic opportunity for buyers seeking a spacious and modern home in a sought-after location.
The ground floor boasts an amazing open-plan living style, creating a bright and airy space perfect for both relaxing and entertaining. The generously sized lounge flows seamlessly into the dining area, with views overlooking the beautiful, secluded rear garden. The well-appointed kitchen provides ample storage and worktop space, while large windows allow plenty of natural light to flood the room.
Upstairs, the property benefits from three double bedrooms, each offering excellent proportions and plenty of space for storage. The main family bathroom is stylishly fitted and serves the household comfortably. Planning has also been approved for a side elevation, providing exciting potential for further development.
Externally, the home features a newly fitted roof and an integral garage, adding to its appeal. Off-road parking is available for several vehicles, ensuring convenience for homeowners and visitors alike. The private rear garden is a true highlight, offering a tranquil and secluded outdoor retreat.
Located within walking distance of Northenden Village, this home enjoys excellent access to local amenities, schools, and transport links. With its modern design, fantastic features, and sought-after location, this property is a must-see for families and professionals alike.
Tenure: Leasehold
Council Tax: C
Lease Remaining: 900 years
Current ground rent: 6.00 Per Year
Ground rent review period: every 0
Annual ground rent increase: 0%
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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