2 bedroom terraced for sale

£180,000 Offers in excess of

2

Bedrooms

1

Bathrooms

'' FIRST TIME BUYERS DO NOT MISS OUT'''TWO DOUBLE BEDROOMED MID TERRACE''' NO VENDOR CHAIN''' TWO RECEPTION ROOMS'' FITTED KITCHEN & LARGE FAMILY BATHROOM '' POPULAR AUDENSHAW LOCATION'' Saltsman and Co Estate agents welcome to the open market this two bd=edroomed mid terrace property for sale with no vendor chain. This property is a blank canvas ready for any buyer to move into and make their own making it an attractive purchase for a wide range of buyers. Located within the popular area of Audenshaw close to local amenities, popular primary/secondary schools, transport connections, and motorway junctions. The accommodation comprises; an entrance hall, lounge, dining room and kitchen to the ground floor. Two double bedrooms and a large family bathroom to the first floor. To the front of the property is a low maintenance garden which lends itself to the potential to convert into a driveway. To the rear of the property is a larger than average enclosed yard. This property is uPVC double glazed and warmed via gas central heating. Early internal viewing is strongly advised to fully appreciate.

Features

  • Double Bedrooms


Property additional info

ENTRANCE HALL : 1363 x 358
uPVC double glazed front entrance door opening into entrance hall way. Cupboard housing meter, radiator, light and power points. Access to all ground floor accommodation and stairs providing access to all first floor accommodations.

LOUNGE : 1129 x 1114
uPVC double glazed. Radiator, light and power points.

DINING ROOM : 1322 x 1231
uPVC double glazed. Radiator, light and power points.

KITCHEN : 1065 x 895
uPVC double glazed window. Fitted with a range of wall and base units with complementary worksurface with inset four ring gas hob with extractor above and oven beneath. Plumbing for washing machine and space for free standing fridge freezer. Useful understairs storage cupboard and cupboard housing boiler. Tiled to splash back areas and tiled to floor. Radiator, light and power points. uPVC double glazed door providing access to the rear yard.

LANDING : 1335 x540
Access to bedrooms and bathroom. Loft hatch and light point.

BEDROOM ONE : 1551 x 1116
uPVC double glazed window. Radiator, light, and power points.

BEDROOM TWO : 1343 x 977
uPVC double glazed window to the rear elevation looking out to relaxing field views. Radiator, light, and power points.

BATHROOM : 927 x 902
uPVC double glazed window. Larger than average family bathroom comprising; a panel bath, low level wc and pedestal hand wash basin. Useful storage cupboard, radiator, and light point.

OUTSIDE :
To the front of the property is a low maintenance garden which has the potential as similar properties to convert into a driveway for off road parking. To the rear of the property is a larger than average enclosed yard.



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

£ 142200

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
    £ 4500
  • 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

£ 7200
  • 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.

Notes

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