4 bedroom detached for sale

£450,000

4

Bedrooms

2

Bathrooms

'' A MUST SEE FAMILY HOME '' Martin and Co are delighted to offer this beautifully presented NEW BUILD detached family home located in a popular area of Blackley on Blackley New Road. Set over three floors the property in brief comprises entrance hall, guest toilet, lounge and open plan kitchen/diner with Bi folding doors to the patio area. To the first floor there are three good sized bedrooms and a family bathroom. To the second floor is the main bedroom along with en suite shower room. The property also benefits from UPVC double glazing, gas central heating (underfloor heating to the ground floor), fitted wardrobes to three of the bedrooms, off road parking for two vehicles, electric charging point, CCTV and alarm system. The property is conveniently located close to local schools, local amenities and excellent transport links including Bus stop, and the M60 motorway network which is a short drive away. Sold with VACANT POSSESSION - NO ONWARD CHAIN.

ENTRANCE HALL Accessed via a steel composite front door. Laminate flooring. Under stairs storage. Storage with shelving. Door leading to the guest toilet. Stairs leading to the first floor.

GUEST TOILET With a two piece suite in White comprising low level toilet and wash hand basin with vanity unit below. Part tiling to the walls. UPVC frosted double glazed window.

LOUNGE 9 11' x 13 05' (3.02m x 4.09m) With UPVC double glazed windows to the front aspect. Wooden flooring. Recess low voltage spotlights to the ceiling.

OPEN PLAN KITCHEN/DINER 17 03' x 21 10' (5.26m x 6.65m) With UPVC bi folding doors leading to the rear garden. Wooden flooring. Sky light. Recess low voltage spotlights to the ceiling. Mood lighting.

To the kitchen there are a range of wall and base units with contrasting worktops over incorporating a one and a half stainless steel drainer sink unit with mixer taps. Integrated microwave. Integrated electric oven with five ring gas hob with recess extractor hood over. Integrated fridge and separate freezer. Recess plumbing for a dishwasher.

BEDROOM ONE 14 04' x 16 08' (4.37m x 5.08m) With Two Velux windows to the front and UPVC double glazed windows to the rear aspect. Range of fitted wardrobes to one wall. Recess low voltage spotlights to the ceiling. Radiator.

EN SUITE With a three piece suite in White comprising low level toilet, wash hand basin with vanity unit below and fully tiled walk in shower cubicle. UPVC frosted double glazed windows. Heated towel rail.

BEDROOM TWO 10 05' x 13 4' (3.18m x 4.06m) With UPVC double glazed windows. Radiator. Recess low voltage spotlights to the ceiling. Fitted wardrobes.

BEDROOM THREE 10 05' x 11 08' (3.18m x 3.56m) With UPVC double glazed windows. Radiator. Fitted wardrobes. Recess low voltage spotlights to the ceiling.

BEDROOM FOUR 5 10' x 6 5' (1.78m x 1.96m) With UPVC double glazed windows. Radiator. Recess low voltage spotlights to the ceiling.

BATHROOM With a three piece suite in White comprising low level toilet, wash hand basin with vanity unit below and bath. Contemporary rain shower over the bath. Tiling to the walls and floor. Heated towel rail. UPVC frosted double glazed windows.

TO THE OUTSIDE To the front of the property is a gated double driveway providing off road parking.


To the rear of the property is an enclosed garden.

ADDITIONAL INFORMATION We have been advised by the vendor that the property is Freehold.

The property is offered with Vacant Possession / NO ONWARD CHAIN.

Features
  • Freehold

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

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 11250
  • 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

£ 36450
  • 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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