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£200,000
Bedrooms
Bathrooms
Nestled in a convenient and increasingly sought-after location, this three-bedroom mid-terraced family home on Siblies Walk, Wythenshawe, offers an excellent opportunity for first-time buyers, growing families, or investors looking for a property with promise. Priced to sell at an asking price of 200,000, it represents superb value for a home with two reception rooms and generous living space throughout.
The property is offered with no onward chain and benefits from a recently fitted new roof, providing peace of mind for future residents. Although in need of modernisation, it presents a blank canvas for buyers to put their own stamp on the home and add value over time. The layout comprises three good-sized bedrooms, a family bathroom, and two separate reception rooms providing flexibility for modern family living.
Situated directly beside Painswick Park, a popular green space ideal for young families, dog walkers and outdoor enthusiasts, this home enjoys an enviable setting close to a range of local amenities. Schools such as Haveley Hey Community School and Saint John Fisher and Thomas More Catholic Primary School are within easy walking distance, making school runs a breeze. Additionally, there are several secondary schools within a short drive, including Manchester Health Academy.
Residents will benefit from convenient access to a variety of supermarkets, with a large Tesco Extra and an Aldi both less than 10 minutes away by car. There is also the Wythenshawe Civic Centre nearby, offering a selection of high street shops, cafes, a post office and leisure facilities including gyms and swimming pools. Wythenshawe Hospital is just over a mile away, and Manchester Airport is easily accessible in under 15 minutes, making this a prime location for healthcare workers or frequent travellers.
Transport links are excellent, with easy access to the M56 and M60 motorways, and Wythenshawe Town Centre Metrolink station just a short walk away, providing regular tram services into Manchester city centre and beyond. Nearby train stations such as Manchester Airport and Baguley also offer further travel connections.
With an Energy Performance Certificate rating of C, this home has the potential to become a comfortable and energy-efficient residence following refurbishment. Whether youre a homeowner seeking a project or a landlord looking to invest in an area with strong rental demand, this property offers great potential and is priced to reflect its scope for improvement.
Viewings are highly recommended to appreciate the location and opportunity this property presents.
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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