3 bedroom semi-detached for sale

£325,000 Offers over

3

Bedrooms

1

Bathrooms

Floorplan

Hyde Estates are delighted to offer this 3 bedroom semi-detached family home for sale. Built circa 1960 the property offers spacious living accommodation which has been beautifully maintained by the current owners and immaculately tended gardens to the front and rear with off street parking and an attached garage.

Nestled between Bury Old Road and Sandgate Road this desirable property is located on a quiet cul de sac in a sought after residential area of Whitefield, within close proximity to Prestwich Village and its many independent restaurants and bars. Other amenities include the Metrolink Station at Besses oth Barn, reputable schools, shops and Heaton Park. Commuters have easy access into Manchester City Centre and to the local motorway network.

Briefly comprising; entrance porch, hallway, lounge, dining room, kitchen, three bedrooms, family bathroom and garage.

Accommodation - Comprising; uPVC entrance porch with tiled floor, secondary door with decorative glass surround opening to the hallway with stairs to the first floor, complete with understairs storage cupboard and cabinetry. Both reception rooms feature a bay window with the front facing room currently used as a dining room with feature fireplace. The separate rear facing lounge overlooks the garden and also features a fireplace with electric fire. Fitted with a modern range of gloss fronted wall and base units, contrasting worktops and tiled splashbacks the kitchen includes an integral double oven with four ring gas hob and extractor hood, integrated fridge freezer and inset composite sink unit with mixer tap. Extras include downlighting, pull out corner cupboard and hidden cutlery drawer. Glazed side door to the rear garden. From the first floor landing are two generous double rooms with the rear bedroom including a row of fitted wardrobes with concealed chest of drawers and shelving. The front facing third bedroom can also accommodate a double bed. The family bathroom is fully tiled and fitted with a three piece white suite of; wc, washbasin and p-shaped bath with overhead power shower and screen. Complete with two frosted windows, heated chrome towel rail and extractor fan.

Room Measurements - Lounge: 144 x 117 including bay.
Dining Room: 125 x 123 measured into bay window
Kitchen: 152 x 611
Bedroom 1: 133 x 112 measured into bay window.
Bedroom 2: 129 x 117
Bedroom 3: 84 x 77
Bathroom: 78 x 610

Garage - Attached brick built garage with pitched roof, electrical power and plumbing for a washing machine. Up and over garage door to the front with separate access to the rear.

Gardens - Fabulous rear garden with beautifully maintained lawn, paved patio and fenced borders. The front garden features a paved driveway and tended lawn with fenced and hedged borders.

Parking - Paved driveway provides off street parking.

Additional Information - The property is serviced by a wall mounted combi boiler and uPVC double glazing throughout. The loft is partially boarded for storage.

Tenure - We understand from the vendor that the property is leasehold subject to a 999 year lease which commenced in 1962 and an annual ground rent of 10.

Council Tax - Bury Council, Band C.

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 Estates 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

£ 270825

Mortgage Loan to Value

%

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
    £ 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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