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£284,950 Fixed Price
Bedrooms
Bathrooms
This well-presented three-bedroom semi-detached family home is available to buy on Southwick Road, Sale Moor, Manchester. Offering spacious accommodation with modern updates, this property is ideal for families or professionals seeking a convenient and comfortable living space. Situated in a popular residential area, the home provides excellent access to local amenities, transport links, and green spaces.
The ground floor comprises a welcoming reception room, providing ample space for both relaxation and entertaining, dining room and the kitchen with newly fitted units is a standout feature, offering a modern and stylish cooking space with contemporary fittings and plenty of storage. A newly installed boiler ensures efficient heating and hot water throughout the property.
Upstairs, the property benefits from three well-proportioned bedrooms, offering comfortable accommodation suited to a variety of needs. The family bathroom is tastefully designed and provides essential facilities for everyday living. The home is positioned in Council Tax Band B, with an annual charge of approximately 1697.91
Externally, the property features off-road parking, ensuring convenience for residents. With easy access to the North West motorway network and main bus routes providing connections to Manchester city centre and Manchester Airport, this home is perfectly located for commuters. Additionally, the property is close to local parks, including Wythenshawe Park, Kenworthy Woods, Chorlton Water Park, and Riverside Park, offering plenty of options for scenic walks and outdoor activities.
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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