Limefield Court, Limefield Road, M7 4LT

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Sold STC

Philip Ellis Estate and Lettings

44, Bury Old Road, Whitefield, Greater Manchester, M45 6TL

12 limefield court, limefield road, salford m7 4lt

£170,000

2

Bedrooms

1

Bathrooms

1

Reception

** Fabulous Location ** Two Bedrooms ** Ground Floor ** Garage included ** No Chain

Philip Ellis Estate Agents are delighted to offer for sale this spacious ground floor two-bedroom apartment situated in a popular development and located close to places of worship, local shops, schools, public transport links and easy access onto the motorway networks.

This fabulous ground floor apartment benefits from spacious living accommodation and briefly comprises; entrance hallway with floor to ceiling storage cupboard. There is a large lounge with plenty of room for furniture, a floor to ceiling window which lets in lots of natural light, fully fitted kitchen with integrated gas hob. Two double bedrooms, one with fitted wardrobes. A bathroom with two piece contemporary suite, with a large shower cubicle. Gas central heating and double glazing throughout, secure intercom system, external garage and allocated parking.

EPC rating: C.

Council tax band: B,

Tenure: Leasehold,

Annual ground rent: 40,

Monthly service charge: 78 ( Includes: Building insurance, cleaning community area, window cleaning, garden maintenance, lighting, replairs and renewals )

Dont delay call us on 0161 773 1011

Disclaimer

This brochure and property details are a representation of the property offered for sale or rent, as a guide only. Brochure content must not be relied upon as fact and does not form any part of a contract. Measurements are approximate. No fixtures or fittings, heating system or appliances have been tested, nor are they warranted by Philip Ellis Estate and lettings or any staff member in any way as being functional or regulation compliant. Philip Ellis Estate And Lettings do not accept any liability for any loss that may be caused directly or indirectly by the brochure content, all interested parties must rely on their own, their surveyors or solicitors findings. We advise all interested parties to check with the local planning office for details of any application or decisions that may be consequential to your decision to purchase or rent any property. Any floor plans provided should be used for illustrative purposes only and should be used as such by any interested



Features
  • Leasehold


Property additional info

Entrance Hall: 4.1m x 1.1m
Great sized entrance hall with built in storage /cloak cupboard access to all rooms.

Living room: 16.10m x 12.5m
Main reception room with a full height double glazed window, ample space for lounge and dining furniture, access to the kitchen.

Kitchen: 17.0m x 6.9m
A galley style kitchen with a range of wall and base units with complementary work surfaces and splashback, 2 ring gas hob. Single bowl sink unit, vinyl flooring.

Bedroom 1: 10.3m x 10.2m
Double bedroom with fitted wardrobes along one wall, double glazed window.

Bedroom 2: 10.3m x 7.5m
Double bedroom with a double glazed window

Bathroom: 2.1m x 1.7m
Fully tiled bathroom with a two piece white suite low level wc and hand wash basin. Freestanding shower cubicle.

Exterior:
The development is set within a communal landscape which is tended by the mangement company.

Garage:
There is ample parking for residents - there is a separate brick built garage included in the sale and this is located at the rear of the development.

Nearest Stations:

2.13 miles
Salford Crescent
2.17 miles
Clifton
2.17 miles
Manchester Victoria
2.33 miles
Salford Central
2.96 miles
Deansgate

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

£ 134450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 4250
  • 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

£ 6950
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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