Philip Ellis Estate and Lettings

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

Park lane, salford m7 4je

£850,000

6

Bedrooms

3

Bathrooms

3

Reception

Floorplan

** Fabulous Location ** Six bedrooms ** Off road parking ** Beautiful family home

Philip Ellis Estate Agents are delighted to present to you this prestigious 6 bedroomed property in Broughton Park, within walking distance of synagogues, local amenities and renowned schools. This semi detached residence offers an abundance of space, versatility, and comfort, making it the ideal family home. The property is complemented by a generous rear garden, perfect for outdoor living and entertaining.

The accommodation is arranged over three floors providing a spacious home which is extremely versatile and is perfect for those with growing families. On the ground floor the living space is arranged around a welcoming entrance hall which provides access to all principal rooms. The large living room with its Art Deco style windows provide the perfect space to unwind. A second reception room offers both dining and living space making this ideal for entertaining and has direct access to the private rear gardens through the patio doors. The kitchen is an exceptional size, with plenty of wall and base units and a breakfast bar area. This kitchen also has two windows with one overlooking the open garden space. There is also a Utility room / Passover kitchen off the kitchen. There is also a fabulous morning room, perfect for relaxing and enjoying morning coffee.In addition, there is also a downstairs w/c.

On the first floor, there are five bedrooms. One large bedroom facing the front of the property with fitted wardrobes along one wall and a vanity sink. The second bedroom overlooking the beautiful rear garden also has fitted wardrobes along one wall and a vanity sink.There is also a third double bedroom which is an excellent size with a modern ensuite. Bedroom four is a generous single. The fifth bedroom is currently a home office. All rooms are served by the beautiful family bathroom and there is also an additional w/c.

From the first-floor landing take the staircase to the second floor passing the amazing focal window. On this level you will find the sixth bedroom which has two sky lights and comes with a shower and separate wc.

All rooms throughout the property benefit from excellent ceiling heights


The house enjoys a good relationship with the gardens that extend to the rear & front of the house. The mature gardens are predominantly laid to lawn and are extremely private. There is also a large paved patio area that is perfect for alfresco entertaining. There is a stand-alone building in the garden that could have multiple uses with a "Sukkah" Roof. The property is approached via a driveway which provides off road parking for several vehicles.

At over 2300 square feet this is a superb family home in a private and secure setting.Dont miss out on the opportunity to experience the grandeur and luxury of this exceptional family home. Arrange a viewing today!

Call Philip Ellis now to book your viewing 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 party.

Nearest Stations:

2.03 miles
Salford Crescent
2.06 miles
Manchester Victoria
2.21 miles
Clifton
2.22 miles
Salford Central
2.85 miles
Deansgate

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £3,675.97

Total Interest: £473,348.61

Overall Total: £1,323,348.61

Amortization For Monthly Payment: £3,675.97 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£26,949.74 £17,161.88 £832,838.12 
2026£26,392.44 £17,719.18 £815,118.94 
2027£25,817.03 £18,294.59 £796,824.36 
2028£25,222.94 £18,888.68 £777,935.68 
2029£24,609.56 £19,502.06 £758,433.62 
2030£23,976.26 £20,135.36 £738,298.26 
2031£23,322.40 £20,789.23 £717,509.04 
2032£22,647.30 £21,464.32 £696,044.71 
2033£21,950.27 £22,161.35 £673,883.37 
2034£21,230.62 £22,881.00 £651,002.36 
2035£20,487.59 £23,624.03 £627,378.33 
2036£19,720.43 £24,391.19 £602,987.14 
2037£18,928.37 £25,183.25 £577,803.89 
2038£18,110.58 £26,001.04 £551,802.84 
2039£17,266.23 £26,845.39 £524,957.45 
2040£16,394.47 £27,717.15 £497,240.30 
2041£15,494.39 £28,617.23 £468,623.07 
2042£14,565.09 £29,546.53 £439,076.54 
2043£13,605.61 £30,506.01 £408,570.53 
2044£12,614.97 £31,496.65 £377,073.88 
2045£11,592.16 £32,519.46 £344,554.43 
2046£10,536.14 £33,575.48 £310,978.95 
2047£9,445.83 £34,665.79 £276,313.16 
2048£8,320.11 £35,791.51 £240,521.64 
2049£7,157.83 £36,953.79 £203,567.85 
2050£5,957.81 £38,153.81 £165,414.04 
2051£4,718.82 £39,392.80 £126,021.25 
2052£3,439.60 £40,672.02 £85,349.23 
2053£2,118.83 £41,992.79 £43,356.44 
2054£755.18 £43,356.44 £0.00 

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

£ 691,450

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

34%

Annual Rental Profit

£ 46,481

Cumulative Rental Profit

£ 464,808

Cost of Purchase

£ 53,950
  • Stamp Duty
    £ 30,000

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

  • Refurbishment Budget
    £ 21,250
  • 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

£ 55,519
  • Mortgage Interest
    £ 31,115

    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)
    £ 13,464
  • Letting Fee
    £ 240
  • Maintenance
    £ 10,200
  • 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

£ 945,418
  • Final Equity Profit
    £ 480,610

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 464,808

    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

£ 1,384,560

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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