3 bedroom terraced for sale

£325,000

3

Bedrooms

2

Bathrooms

Floorplan

Hyde Estates are delighted to offer this three bedroom mid terraced property for sale. This beautifully appointed, garden fronted terrace benefits spacious living accommodation and charming character features throughout, complete with garage and private rear garden! An early viewing is highly recommended for those looking to take advantage of the properties proximity to Heaton Park with its many amenities and Prestwich Village with its abundance of independent restaurants and bars, shops and schools.

Randlesham Street is conveniently positioned just off Heywood Road with Heaton Park Metrolink station just a short stroll away offering commuters excellent links to Manchester City Centre whilst access to the local motorway network is available at Junction 17 and 19 of the M60.

Accommodation - Comprising; entrance hall with stairs to the first floor and understairs storage cupboard. Original wooden flooring continues from the hallway through to the dining room having ample space for a family sized dining suite, fully opens to the kitchen and provides access via French doors to the rear garden. Fabulous, bay fronted lounge with wood burning stove. The kitchen is fitted with gloss fronted wall and base units with contrasting hardwood countertop, inset stainless steel sink unit, tiled splashbacks and flooring. Integral dishwasher and extractor hood with space for a freestanding cooker and fridge/freezer. The ground floor bathroom is fitted with a modern white suite of; wc, washbasin and bath with shower attachment. Frosted window, tiled flooring and splashbacks. From the first floor landing are three bedrooms; two generous double bedrooms with the front facing room having a feature fireplace and a spacious single room with built in storage. Fitted with a contemporary white suite of; wc, washbasin and bath with overhead shower the family bathroom includes built in storage, tiled splashbacks, a frosted window and heated chrome towel rail.

Room Measurements - Entrance hall
Lounge: 135 x 126 measured into bay window
Dining room: 137 x 1210
Kitchen: 118 x 75
Ground floor bathroom: 97 x 53
Bedroom 1: 1210' x 122 at extremes
Bedroom 2: 127 x 11
Bedroom 3: 91 x 72
Bathroom: 7 x 54

Garage - Brick built with frosted uPVC window, electrical power, plumbing for a washing machine and an up and over garage door accessible from the back of the property. Ideal for additional storage.

Gardens - To the rear of the property is a private, enclosed rear garden with artificial grass, paving and a decked terrace ideal for outside dining and enjoying the summer months. Gated, low maintenance garden front garden.

Additional Information - The property is serviced by a wall mounted combi boiler and has uPVC double glazed windows throughout. The loft is predominantly boarded and accessed via a drop down ladder. A new front door was fitted in 2021 along with French doors to the rear. New windows installed to the front elevation in 2023.

Tenure - We understand from the vendor that the property is Leasehold subject to a 999 year lease which commenced in 1914.

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 Estates and Letting Agents .

Map location is not available for this property.

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

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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.

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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

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  • 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

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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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