5 bedroom detached for sale

£495,000

5

Bedrooms

3

Bathrooms

Martin and Co are delighted to offer to the market this spacious detached family home located on Middleton Road, in the popular area of Crumpsall. In brief the property comprises porch, entrance hall, lounge/diner, kitchen and bedroom five with en suite. To the first floor there are four additional bedrooms with en suite to the second bedroom and a family bathroom. The property also benefits from gas central heating, off road parking, an enclosed rear garden and NO ONWARD CHAIN.

PORCH Accessed via a UPVC and glazed door.

ENTRANCE HALL Accessed via a wooden and glazed front door. Wooden flooring. Coving to the ceiling. Double radiator. Recess low voltage spotlights to the ceiling. Under stairs storage cupboard. Stairs leading to the first floor.

LOUNGE/DINER 11 5' x 29 2' (3.48m x 8.89m) With bay fronted windows. UPVC double glazed patio doors to the rear aspect. Wooden flooring. Coving to the ceiling. Dado rail. Two single radiators. Recess low voltage spotlights to the ceiling. Two light fittings.

KITCHEN 10 2' x 14 5' (3.1m x 4.39m) With a range of wall and base units with contrasting worktops over incorporating a one and a half stainless steel drainer sink unit. Integrated electric oven with four ring gas hob with extractor hood over. Recess plumbing for a washing machine and dishwasher. Integrated fridge/freezer. Zanussi grill, BBQ and fryer. Double radiator. Two windows to the rear aspect. Wooden flooring. Stable door leading to a lean too. Recess low voltage spotlights to the ceiling.

BEDROOM FIVE 7 4' x 8 8' (2.24m x 2.64m) With UPVC double glazed windows to the front aspect. Single radiator. Recess low voltage spotlights to the ceiling. Door leading to the en suite.

EN SUITE With a two piece suite in White comprising low level toilet and wall hung wash hand basin. Fully tiled walk in shower cubicle. Part tiling to the walls. Chrome heated towel rail. Extractor fan.

LANDING With recess low voltage spotlights to the ceiling. Access to all four bedrooms and the family bathroom.

BEDROOM ONE 8 8' x 16 9' (2.64m x 5.11m) With bay fronted windows. Double radiator. Recess low voltage spotlights to the ceiling. Range of fitted wardrobes to one wall. Fitted dressing table.

BEDROOM TWO 10 5' x 13 0' (3.18m x 3.96m) With windows to the rear aspect. Double radiator. Recess low voltage spotlights to the ceiling. Door leading to the en suite.

EN SUITE With a two piece suite in White comprising low level toilet and pedestal wash hand basin. Fully tiled walk in shower cubicle. Single radiator. Frosted window. Recess low voltage spotlights to the ceiling.

BEDROOM THREE 7 9' x 15 8' (2.36m x 4.78m) With UPVC double glazed windows to the front aspect. Double radiator. Recess low voltage spotlights to the ceiling.

BEDROOM FOUR 6 8' x 8 8' (2.03m x 2.64m) With windows to the front aspect. Double radiator. Access to the loft. Fitted wardrobe. Recess low voltage spotlights to the ceiling.

BATHROOM With a four piece suite in White comprising low level toilet, bidet, his and hers sinks and bath. Tiling to the walls. Frosted window to the rear aspect. Recess low voltage spotlights to the ceiling.

TO THE OUTSIDE To the front of the property is a driveway providing off road parking for three vehicles.

To the rear of the property is a good sized enclosed garden which is laid to lawn.

ADDITIONAL INFORMATION The property is in Council Tax Band D.

We have been advised by the vendor that the property is leasehold with a Ground Rent of 6 per annum.

The property is offered with no onward chain.

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 35 plus VAT 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

£ 411075

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

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 12375
  • 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

£ 39825
  • 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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