4 bedroom semi-detached for sale

£530,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

Enquire and book online quoting reference 22309

The Good Estate Agent South Manchester are delighted to bring to market this spacious 4 bedroomed semi-detached property, ideally located in the ever-popular Chorlton. Close to an array of independent shops, bars and restaurants and the Metrolink, as well as being within the catchment of many reputable schools.

Set over three floors, the accommodation consists of; an entrance hall leading through to a bright reception room to the front and spacious open-plan family room to the rear which leads out to the spacious rear garden. The kitchen area features a breakfast nook and lots of storage space, to the rear of the kitchen there is a spacious utility room.

Stairs from the hallway rise to the first floor which reveals two double bedrooms with an additional single bedroom to the front of the property The floor is served by the family bathroom.

The second floor is occupied by a further double bedroom offering lots of space for sleeping accommodation and bedroom furniture.

To the rear, the fantastic enclosed lawned garden is enclosed by a timber panelled fence with the neighbouring properties and a footpath to the rear of the property boundary

Nearby to Hough End playing fields, Whalley Range Girls School & William Hulme Grammar School are all on your doorstep and the cafes and bars for which Chorlton is loved by so many, are a five-minute drive away on Beech Road. Will suit a growing family due to the space and location.


  • Council Tax Band: C
  • EPC Rating: C
  • Tenure: Freehold

A spacious family home which wont hang about, viewing spaces being filled. Arrange your viewing today!

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 of 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 C.

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

£ 439950

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
    £ 13250
  • 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

£ 42450
  • 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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