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£400,000 Offers in excess of
Bedrooms
Bathrooms
Scott & Stapleton are delighted to offer for sale this magnificent ground floor garden flat situated in the heart of the ever popular Marine Estate within easy walking distance of Leigh mainline railway station.
This stunning property has been extensively renovated including complete new roof, guttering & downpipes, new windows and complete rewire & plumbing providing bright & spacious accommodation of the highest quality.
There are 2 good size double bedrooms, a luxury fitted shower room and superb south facing open plan kitchen/lounge & diner with a vaulted ceiling. There is also a well tended rear garden with large patio & lawn plus a useful outbuilding perfect for a home office or gym.
Situated in a highly desirable location within the West Leigh Schools catchment area & walking distance of Leigh Broadway & Old Town.
This is a great opportunity to purchase a true turn key property of the highest order. An early internal inspection is strongly advised.
Accommodation Comprises - Original wooden entrance door with feature stained, lead light inset leading to entrance hall.
Entrance Hall - Large L shaped entrance hall with Amtico style flooring. Wood panelled walls with fitted cupboard housing space for washing machine, further built in cupboard, radiator, ceiling spotlights. Modern solid wood doors to all rooms.
Open Plan Lounge/Diner/Kitchen - 9 x 4.4 (296' x 145') -
Kitchen Area - 3.9 x 3.1 (129' x 102') - Beautiful modern fitted kitchen with an abundance of Shaker style base & eye level units with drawer pack. Integrated appliances including Bosch electric oven, separate 5 ring gas hob and extractor fan all in feature exposed brick surround with wooden beam mantle, integrated fridge/freezer & dishwasher. Quartz worktops with inset one and a quarter bowl sink unit with waste disposal unit & mixer tap, feature tiled splashbacks, ceiling spotlights, Amtico style flooring. Open plan in to lounge/dining area.
Lounge/Dining Area - 5.9 x 4.4 (194' x 145') - Extremely bright room with vaulted ceiling and exposed oak beams, UPVC double glazed french doors to rear on to garden plus full height UPVC double glazed windows to rear, further UPVC double glazed window to side plus Velux window to roof space. Feature exposed brick wall to one side, Amtico style flooring, 2 modern vertical radiators, fitted cupboard.
Bedroom 1 - 4.1 x 3.7 (135' x 121') - Large UPVC double glazed window to front with fitted Plantation style shutters, further UPVC double glazed window to side. Radiator, fitted cupboard.
Bedroom 2 - 3.1 x 2.5 (102' x 82') - UPVC double glazed door to rear on to garden. Modern vertical radiator, fitted cupboard.
Bathroom - 3.1 x 1.9 (102' x 62') - Luxury 4 piece suite comprising of large bath in tiled surround with mixer tap, separate double shower cubicle, low level WC with concealed cistern, wall mounted wash hand basin with mixer tap & drawers below. Fully tiled walls & floor, heated towel rail, ceiling spotlights, shaver point, extractor fan.
Front Garden - The property has a block paved driveway providing off street parking for 1 car.
Rear Garden - Sunny south/west backing rear garden commencing with large stone patio with feature wall to one boundary. Well tended lawn, storage area, outside lighting, power points & tap. Useful pedestrian access to rear. Approx. 60 x 25.
Home Office/Gym - 3.1 x 2.2 (102' x 72') - Useful outbuilding being ideal for a home office, gym, etc. UPVC double glazed windows, vaulted ceiling, fully insulated with power & light.
Lease Information - 125 year lease from 2023.
No annual ground rent charge
No annual service charge.
Maintenance split 50/50 with upstairs property as required.
Buildings Insurance contribution approx. 280 per annum.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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