3 bedroom semi-detached for sale

£318,000

3

Bedrooms

2

Bathrooms

Floorplan

For Sale Modern Three-Bedroom Semi-Detached Home in Prime Romiley Location
Situated in a sought-after location just a short distance from the heart of Romiley, this beautifully presented three-bedroom semi-detached home offers contemporary living in a peaceful setting.
Nestled within a modern development just off Compstall Road, this property enjoys the benefits of a tranquil residential atmosphere, despite its convenient access to main roads and local amenities. Perfectly suited for young families and professionals alike, the home falls within the catchment area of excellent local schools and is close to shops, cafes, and transport links.
Step inside and be welcomed by off-road parking and a bright entrance hallway. The ground floor features an impressive open-plan living space, ideal for modern family life. To the front is a stylish kitchen complete with sleek, modern units, while the spacious reception area to the rear opens out onto the private rear gardenperfect for relaxing or entertaining. A convenient downstairs WC is also located beneath the stairs.
Upstairs, the property offers two generous double bedrooms (one with ensuite), a well-proportioned single bedroom, and a contemporary family bathroom.

Dont miss the opportunity to own a home in this fantastic locationcontact us today to arrange a viewing!

Reception Kitchen - 7.95 x 4.92 (260' x 161') - Open plan living room and kitchen. With a range of contemporary eye and base level units. Patio doors through to back garden.

Bedroom 1 - 3.97 x 2.81 (130' x 92') - Double bedroom with feature bay window.

Bedroom 2 - 3.98 x 2.81 (130' x 92') - Double bedroom with en-suite shower room

Bedroom 3 - 2.12 x 2.11 (611' x 611') - Single room or office space

Bathroom - 2.11 x 2.08 (611' x 69') - Beautifully tiled bathroom with modern white suite and shower over bath

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

£ 265050

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 7950
  • 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

£ 26550
  • 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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