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£800,000 Offers in excess of
Bedrooms
Bathrooms
A fantastic opportunity to purchase a FOUR BEDROOM DETACHED bungalow occupying a large corner plot apx 0.22 of an acre within a prime location in Hale Barns close to a multitude of amenities including outstanding schooling, Halecroft Park and Motorway networks to the Airport and Manchester City Centre.
The accommodation extends to almost 1600 sq ft and is arranged across one level. There is heaps of potential to reconfigure and update this amazing space to create your perfect home.
As you approach the property you are met with a driveway providing off road parking for several vehicles, there is a well presented front garden and access to the integral garage. You enter the property into the entrance hall which provides access to the properties accommodation, to the right of the entrance hall there is a large living/ dining room which is flooded with natural light and offers ample room with relaxing and dining. The fitted kitchen is located to the left and provides ample storage via base and eye level units with space for free standing appliances. A further reception room can be found to the rear of the property with views over the beautiful garden. There are four bedrooms, all a fabulous size and two fitted bathrooms, one with three piece suite comprising a bath and the other a shower room.
The rear of the property has previously been used as a self-contained annex and therefore there is a further fitted kitchen which could be remodelled to be a utility room or study.
Externally to the rear there is an incredible plot with gardens expanding across both sides and the back of the property. With the majority laid to lawn, paved patio areas and well stocked mature boarders this garden has something for the whole family.
A viewing is an absolute must to avoid disappointment.
EPC Grade D
Freehold
Council Tax Band 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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