4 bedroom semi-detached for sale

£495,000 Offers over

4

Bedrooms

4

Bathrooms

''' A MUST SEE PROPERTY ''' Martin and Co are delighted to offer to the market this recently refurbished semi detached home situated in a sought after location in Sedgley Park, Prestwich. In brief the property comprises entrance hall, lounge, kitchen/diner and guest toilet. To the first floor there are three double bedrooms with an en suite to the main bedroom and a shower room. To the second floor is a further double bedroom also benefiting from an en suite. The property also benefits from a fully functional lower ground floor which includes a utility room and shower room, gas central heating, UPVC double glazing and NO ONWARD CHAIN.

ENTRANCE HALL Accessed via a steel composite front door. Wooden flooring. Radiator. Recess low voltage spotlights to the ceiling. Stairs leading to the first floor.

LOUNGE 11 4' x 17 7' (3.45m x 5.36m) With UPVC double glazed bay fronted windows. Continual wooden flooring. Radiator. Feature fire. Recess low voltage spotlights to the ceiling.

KITCHEN/DINER 17 5' x 22 3' (5.31m x 6.78m) With a range of wall and base units in Grey gloss with contrasting worktops over incorporating two single stainless steel drainer sink units with mixer taps. Two electric ovens. Five ring gas hob with recess extractor hood over. Two integrated dishwashers. Integrated washing machine. Integrated fridge/freezer. Useful island. Wooden flooring. Three UPVC double glazed windows. Ample space for dining table and chairs. Feature Fire. Two radiators. Recess low voltage spotlights to the ceiling.

GUEST TOILET With a two piece suite in White comprising low level toilet and wash hand basin with vanity unit below. Tiling to the walls and flooring. Black heated towel rail.

LOWER GROUND FLOOR 10 9' x 16 1' (3.28m x 4.9m) With UPVC double glazed window. Tiled flooring. Radiator. There is also a utility room and shower room making this area suitable for many uses.

BEDROOM ONE 11 6' x 16 8' (3.51m x 5.08m) With UPVC double glazed windows. Radiators. Recess low voltage spotlights to the ceiling. Door leading to the en suite.

EN SUITE With a three piece suite in White comprising low level toilet, wash hand basin with vanity unit below and bath. Hand held shower over the bath. UPVC frosted double glazed window.

BEDROOM TWO 10 1' x 17 5' (3.07m x 5.31m) With UPVC double glazed windows. Radiator. Recess low voltage spotlights to the ceiling.

BEDROOM THREE 11 4' x 13 4' (3.45m x 4.06m) With UPVC double glazed windows. Radiator. Recess low voltage spotlights to the ceiling.

SHOWER ROOM 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. Tiling to the walls and floor. UPVC frosted double glazed window. Chrome heated towel rail.

BEDROOM FOUR 12 4' x 18 8' (3.76m x 5.69m) With UPVC double glazed windows. Radiator. Recess low voltage spotlights to the ceiling. Door leading to an en suite.

EN SUITE With a three piece suite in White comprising low level toilet, wash hand basin with vanity unit below and walk in shower. UPVC frosted double glazed window. Chrome heated towel rail.

TO THE OUTSIDE The property has block paved pathways and a garden to the side.

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

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

£

Cumulative Rental Profit

£

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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