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£595,000
Bedrooms
Bathrooms
20 Tor Avenue is a impressive Freehold, five-bedroom detached family home located in a prestigious cul-de-sac in the heart of Greenmount Village.
Boasting a concrete embossed double driveway surrounded by mature privacy hedgerow, the property provides ample parking space. Situated within walking distance from excellent extra-curricular sports clubs such as Greenmount Golf Club, Greenmount Cricket Club, Holcombe Brook Tennis Club, and Hawkshaw Tennis Club with convenient commuting links to Bury Town Centre, M66, and M60, residents enjoy easy access to nearby amenities and beyond.
Set on a generously sized plot, the property features beautiful gardens with superb views onto Scout Moor and the distant countryside. Families will appreciate being in the catchment area of great OFSTED-rated schools including Greenmount Primary School, Tottington High School, Hollymount High School, Woodhey High School, and Bury Grammar School.
The local area offers abundant recreational opportunities, with Redisher Woods and Holcombe Hill nearby, as well as renowned countryside pubs like the Hare & Hounds, Shoulder of Mutton, Waggon & Horses, and The Red Lion.
The outside space of this exceptional property includes a rear garden with a sunny orientation, providing the ideal spot for outdoor gatherings. A large driveway to the front of the property offers additional parking options, complemented by an internal double garage for added convenience.
With its enviable location, spacious interiors, and delightful outdoor spaces, this property presents a rare opportunity to own a prestigious home in a sought-after community.
Viewing Highly Recommended & Sold with No Onward Chain.
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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