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£525,000 Guide Price
Bedrooms
Bathrooms
The Property
A beautiful 3-bedroom detached family home situated on the very popular Radnomere drive in Cheadle Hulme, Walking distance to the local train station and shops. The property comprises of a spacious downstairs area with a living room looking into the garden, dining room to the front and a good size, recently renovated kitchen to the rear. On the upper floor there are three double bedrooms and main bathroom. Externally there is a garage, a generous driveway and a good sized private garden.
The property is presented with:
Entrance - Large space with tiled flooring, access to downstairs W/C, stair access to the upper floor, door access to dining area and living room.
Living Room Spacious with carpet flooring, door access to the kitchen and window to the rear.
Dining Room Window to the front, carpet flooring and gas fire with surround.
Downstairs W/C Fully tiled with W/C, sink unit and window to the front.
Kitchen / Island Breakfast Bar -Recently refurbished and fully fitted, granite worktops, sink with mixer tap window to the side and window to the rear, integrated fridge freezer, washing machine, steam oven, free standing gas cooker oven. Large breakfast bar, standing radiator and door the rear garden.
Stairs leading to
Principal Bedroom - Double room, carpeted with fitted wardrobes and window to the rear.
Second Bedroom Double room, carpeted with fitted wardrobes and window to the rear.
Third Bedroom Double room with carpet flooring and window to the front
Bathroom Fitted and fully tiled with fitted bathtub, walkin shower, vanity unit and window to the side and front of the property.
The boiler is 4 years old and is based in the garage.
The loft is a good size with ladders, fully boarded and carpeted.
Outside - To the rear of the property there is a beautiful private garden with patio area, a pond artificial grass and a garden shed. To the front there is a generous driveway for 3 or 4 cars and a garage.
The Solar panels are used privately and owned by the homeowner, theycurrently the provide the household 2500 - 3000 a year and its paid quarterly. The contract has a remaining 10 years left.
Disclaimer
These particulars do not constitute or form part of an offer or contract nor may they be regarded as representations. All dimensions are approximate for guidance only, their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose or included in the Sale. Buyers are advised to obtain verification from their solicitors as to the tenure if the property, as well as fixtures and fittings and where the property has been extended/converted as to planning approval and building regulations. All interested parties must themselves verify their accuracy.
Council Tax Band
The council tax band for this property is E.
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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