3 bedroom semi-detached for sale

£299,950

3

Bedrooms

2

Bathrooms

Floorplan

Hyde Estates are delighted to offer this three bedroom, semi-detached house for sale. Built circa 2016, this modern built property is ideally located on a quiet cul de sac overlooking Crumpsall Park, on the doorstep of North Manchester General Hospital. Boasts spacious living accommodation throughout, and benefits from driveway parking and lawned rear garden.

Excellent public transport links to Manchester City Centre and a short drive to the motorway network. Local amenities within a one mile radius of the property include; North Manchester General Hospital, Abraham Moss Community School, Tesco Superstore and an abundance of shops and restaurants.

Briefly comprising; entrance hall, guest wc, lounge, diner kitchen, three double bedrooms, ensuite and separate shower room.

Accommodation - Ground floor comprises; entrance hall, fully tiled guest wc which is fitted with an Asian toilet, douche shower and washbasin. Complete with heated chrome towel rail and frosted window. Spacious lounge with stairs to the first floor and kitchen diner with understairs store cupboard and French doors to the rear garden. The kitchen is fitted with a modern range of gloss fronted wall & base units, contrasting work tops with inset 1.5 stainless steel sink unit and vinyl floor covering. Integrated appliances include; oven with four ring gas hob and extractor hood, fridge freezer and washing machine with space for freestanding dishwasher. The dining area has ample space to accommodate a family sized dining suite.

The first floor comprises; three double bedrooms, the main of which has a fully tiled, wet room ensuite with rainfall shower, washbasin with storage drawer and Asian toilet with douche shower. Extractor fan and heated chrome towel rail. The main shower room is also a fully tiled wet room with rainfall shower head, washbasin with storage drawer and Asian toilet. Frosted window and a heated chrome towel rail.

Room Measurements - Entrance Hall
Guest WC
Lounge - 164 x 1511
Diner Kitchen - 159 x 119
Bedroom 1 - 12 x 107
Ensuite - 84 x 32
Bedroom 2 - 119 x 87
Bedroom 3 - 115 x 611
Bathroom - 8 x 49

Gardens - The rear garden has a small area of paving and a raised lawn with timber pergola and fenced borders abutting Crumpsall Park. Gated front garden.

Parking - Gated driveway to the side of the property which has space for at least two vehicles.

Additional Information - The property is serviced by a wall mounted combi boiler and uPVC double glazed windows throughout.

Tenure - To be confirmed by the sellers solicitor.

Council Tax - Manchester City Council, Band B.

Fixtures & Fittings - Carpets, curtains, and light fittings available by negotiation. We have not tested any appliances or electrical items.

Viewings - All viewings to be arranged via Hyde Estate and Letting Agents .

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

£ 250158.75

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

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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
    £ 7498.75
  • 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

£ 25196.25
  • 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

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  %

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.

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