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£259,950
Bedrooms
Bathrooms
Hyde Estates are delighted to present this three bedroom semi-detached house for sale, offering a fantastic opportunity for buyers looking to invest in a home with great potential in the sought-after area of Prestwich.
Located off Heywood Road, Parrenthorn Road is a popular crescent close to Heaton Park and its reservoir with excellent links to Manchester City Centre and the local motorway network. Ideal for local schools and amenities.
Although the house requires some modernisation, it has been well looked after, providing a solid foundation for buyers looking to put their own stamp on a property. With its spacious layout, generous outdoor space and off street parking - we highly recommend an early viewing!
Accommodation - Comprising; entrance porch with tiled floor, hall with stairs to the first floor and built in storage cupboard, rear facing lounge overlooking the garden featuring electric fire and fireplace. From the lounge is a separate dining room with ample space for dining suite which is conveniently located just off the kitchen. The kitchen is fitted with a range of wall and base, contrasting worktops and tiled splashbacks. Integral appliances include an eye level double oven, four ring gas hob and extractor hood. Inset stainless steel sink unit with mixer tap and space for a washing machine. From the kitchen is a utility room with tiled floor, external side door and fitted base unit. Wall mounted boiler and space for fridge freezer. Folding door to guest wc which has a frosted window, tiled walls and low level panelling. To the first floor are three double bedrooms all with built in storage! The bathroom is fitted with a modern white suite of vanity unit and bath with overhead mains operated shower, tiled walls, frosted window and heated chrome towel rail. Separate wc to match bathroom.
Room Measurements - Porch: 69 x 37
Hall
Lounge: 13 x 1210
Dining Room: 102 x 91
Kitchen: 102 x 98
Utility Room: 85 x 45
Guest WC
Bedroom 1: 1210 x 1111 at extremes
Bedroom 2: 1010 x 102
Bedroom 3: 84 x 83
Bathroom: 55 x 55
Separate WC
Gardens - To the front of the property is a tended lawn and paved driveway. Side access to the rear garden which has steps to a raised lawn and mature planting.
Additional Information - The property is serviced by a wall mounted gas boiler and has uPVC double glazed windows throughout.
Tenure - We understand from the vendor that the property is FREEHOLD.
Council Tax - Bury 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
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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