3 bedroom apartment for sale

£775,000

3

Bedrooms

2

Bathrooms

Floorplan

NO ONWARD CHAIN
A unique opportunity to purchase this spacious three-bedroom, two-bathroom ground-floor apartment, featuring its own beautifully landscaped private garden and separate terrace; an exceptional find in apartment living. Set within secure gated grounds in the heart of Altrincham, the property offers high ceilings, generous living space, and two allocated parking spaces. A perfect blend of style, comfort, and outdoor space.
DESCRIPTION
NO ONWARD CHAIN
A Rare Opportunity - Spacious Ground Floor Apartment with Exceptional Outdoor Space in the Heart of Altrincham
This is a unique opportunity to acquire a beautifully presented three-bedroom, two-bathroom ground floor apartment, offering an abundance of private outdoor space rarely found in apartment living. Boasting its own landscaped garden and a separate terrace/patio, this property perfectly combines the ease of apartment living with the luxury of generous outside areas.
Set behind secure electronic gates, the apartment is located in a prime Altrincham position, offering both privacy and convenience. Internally, the home has been lovingly maintained and benefits from high ceilings throughout, creating a striking sense of space and light.
The accommodation comprises a welcoming communal entrance hall leading to a private entrance. Inside, youll find a spacious living/dining room with elegant French doors opening directly onto the garden. A modern breakfast kitchen also enjoys garden access through additional French doors. The master bedroom features fitted wardrobes and an en-suite shower room, while the second double bedroom, currently used as a study or additional reception room, opens onto a private terrace. A third double bedroom and a stylish family bathroom complete the layout.
The outdoor space is a true highlight. The landscaped garden is mainly laid to lawn and framed by mature shrubs and flowering plants, creating a peaceful and private retreat. This apartment also benefits from two allocated parking spaces and access to beautifully maintained communal grounds.
A rare find offering space, style, and serenity in one of Altrinchams most desirable locations.



Features
  • Freehold

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

£ 642075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19375
  • 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

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£

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

£ 60825
  • 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

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  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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