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26 The Downs, Altrincham
£1,550,000
Bedrooms
Bathrooms
A stunning DETACHED property situated on Ashley Road just moments from Altrincham and Hales amenities whilst enjoying an elevated and set back position. This fantastic home offers SPACIOUS and flexible accommodation arranged over THREE FLOORS. A wealth of CONTEMPORARY fixtures and fittings are accompanied by an attractive rear garden and ample gated parking.
This handsome detached period property situated on Ashley Road enjoys an elevated and set back position and has undergone an extensive programme of refurbishment to provide a fantastic opportunity for a family buyer. The property boasts versatile and spacious accommodation arranged across three floors with a wealth of contemporary fixtures and fittings.
An internal viewing of this impressive family home will reveal: A beautiful welcoming hallway with Spanish porcelain flooring running throughout the ground floor accommodation, a stunning lounge and sitting room with sash style windows to the front elevation which are in keeping with the period features of the property. A separate formal dining room with access to the breakfast kitchen. The breakfast kitchen is fitted with a modern range of high gloss units with granite work surfaces over, plus a range of high quality integrated appliances. A family room provides an everyday informal area with access to the kitchen. Separate utility, downstairs WC and office space.
To the first floor the property offers four double bedrooms. The master bedroom boasts a large dressing area with fitted wardrobes and a four piece contemporary bathroom suite with underfloor heating. The second bedroom enjoys an ensuite shower room and double doors onto a sun terrace. The third and fourth bedrooms have the use of a Jack and Jill shower room equipped with a contemporary suite.
To the rear is an enclosed private garden with walls to the perimeters which create a good degree of privacy. The garden is laid mainly to lawn with a paved area ideal for outside dining and entertainment which may be accessed from the dining kitchen. An attractive water feature built within the garden wall with lighting to the side can be controlled via a remote control from within the property. The property is approached via remote control operated wooden entrance gates opening to a recently laid driveway providing extensive off street parking.
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.
26 The Downs, Altrincham
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