3 bedroom semi-detached for sale

£190,000

3

Bedrooms

1

Bathrooms

Floorplan

Martin and Co are delighted to offer to the market this elevated semi detached family home located in a popular area of Blackley. In brief the property comprises entrance hall, lounge, fitted kitchen, utility room and downstairs toilet. To the first floor there are three bedrooms and a family bathroom. The property also benefits from gas central heating, UPVC double glazing and gardens to the front and rear. The property is situated close to local amenities, place of worship, Boggart Hole Clough, schools and excellent transport links.

ENTRANCE HALL Accessed via a steel composite front door. Radiator. Stairs leading to the first floor.

LOUNGE 10 6' x 14 5' (3.2m x 4.39m) With UPVC double glazed windows to the front aspect. Radiator. Centre light fitting.

KITCHEN 7 7' x 13 9' (2.31m x 4.19m) With a range of wall and base units in Grey with contrasting worktops over incorporating a one and a half stainless steel drainer sink unit with mixer taps. Integrated electric oven with five ring gas hob with extractor canopy hood over. Two UPVC double glazed windows.

UTILITY ROOM 4 4' x 8 2' (1.32m x 2.49m) With recess plumbing for a washing machine. Space for free standing fridge/freezer. Combi boiler. UPVC and glazed door leading to the rear aspect.

GUEST TOILET With a two piece suite in White comprising low level toilet and wall hung wash hand basin.

BEDROOM ONE 11 7' x 11 8' (3.53m x 3.56m) With UPVC double glazed windows. Radiator. Centre light fitting with fan attachment. Range of fitted wardrobes.

BEDROOM TWO 8 1' x 11 5' (2.46m x 3.48m) With two UPVC double glazed windows. Radiator. Light fitting.

BEDROOM THREE 7 5' x 8 7' (2.26m x 2.62m) With UPVC double glazed windows. Radiator. Light fitting.

FAMILY BATHROOM With a three piece suite in White comprising low level toilet, wash hand basin with vanity unit below and bath. Shower over the bath. Tiling to the walls. Chrome heated towel rail. UPVC frosted double glazed window.

TO THE OUTSIDE To the front of the property is an enclosed garden which is laid to lawn.

To the rear of the property is a decked area which leads to a garden which is laid to lawn.





ADDITIONAL INFORMATION The property is in Council Tax Band A.

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

Agents are required by law to conduct anti-money laundering checks on all those buying a property. We outsource the initial checks to a partner supplier Move Butler who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is 30 per person. This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.

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

£ 149950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 4750
  • 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

£ 7450
  • 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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