2 bedroom end of terrace for sale

£325,000

2

Bedrooms

1

Bathrooms

Floorplan

Perfect for FIRST TIME BUYERS and young professionals, this stylish two DOUBLE bedroom end-terrace offers OFF ROAD PARKING, a versatile CONVERTED CELLAR, and a prime location near amenities and transport links. The bright interior features a through lounge/diner, a modern kitchen, two spacious bedrooms, and a contemporary bathroom. A private garden and patio provide ideal outdoor space.

Perfect for first-time buyers and young professionals, this charming two-bedroom end-terrace offers off-road parking, a converted cellar. The property boats a prime location close to Cheadle Hulme Village & railway station, and lies within easy reach of Bramhall Park, motorway links, and Manchester Airport.

The bright and airy interior features a welcoming hallway & storm porch, a spacious through lounge/dining room with French patio doors to the garden and open access to the cellar. A modern kitchen with sleek high-gloss units completes the ground floor.
Upstairs, you will find two generous double bedrooms and a contemporary, four piece, fullt-tiled bathroom complete with bath & separate shower enclosure.

The lower ground floor level features the converted basement which provides a versatile space, ideal for a home office or creative studio, complete with a practical W.C.

Additional features include UPVC double glazing and gas central heating whilst outside, theres a low-maintenance forecourt, a side driveway for two cars, and a private rear garden with generous lawn and patio - perfect for relaxing or entertaining.

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

£ 270825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 8125
  • 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

Adjust these figures

£

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

£ 27075
  • 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

£
  • 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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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