Five bedroom detached

£1,250,000 Offers over

5

Bedrooms

3

Bathrooms

3

Reception

Floorplan

TRADING PLACES ESTATE AGENTS are privileged to offer for sale 'CEMETERY LODGE'. This exceptional five double bedroom,individually designed, detached family home is one of Urmstons finest properties sitting in 0.3 of an acre of exceptional garden. Backing onto the Mersey Valley woodland and meadows, the house consists of over 3200sq.ft. of living accommodation. The property is situated at the end of Queens Road, considered to be the most desirable residential area of Urmston. It offers a truly unique location within a few minutes walking distance of the thriving Urmston town centre with its shops, restaurants and bars whilst also offering a secluded and supremely private setting with uninterrupted views over the meadows. Spanning four floors, the property (built in1893) has many original period characteristics whilst still having all the expected modern day features. The property passed into private ownership in 1999 when it was completely renovated, with a loft conversion taking place in 2018. In brief the ground floor comprises entrance lobby with a beautiful stained glass window, large lounge opening to a sitting room, dining room, modern fitted dining kitchen, hallway, and downstairs WC. On the first floor you will find three well proportioned double bedrooms along with a three piece bathroom suite with underfloor heating. To the second floor you will find the remaining double bedrooms, impressive floor to ceiling window providing exceptional views over the meadows and a second shower room. There are two generous chamber cellars which whilst currently used for storage have the potential to be converted into further living space if required. The property is warmed by gas central heating. Externally the gardens genuinely must be viewed! To the front of the property there is a driveway providing ample off road parking for several vehicles and a mainly lawned garden. The driveway continues to the side giving access to the rear. The rear garden which benefits from a southerly aspect is mainly lawned with a composite timber decked patio area and has a brick built outbuilding, ideal for a home office/gym. Ideally positioned to enjoy the amenities of the area, transport links and the always desirable schools.



Features
  • Freehold

Nearest Stations:

0.39 miles
Urmston
0.69 miles
Chassen Road
1.22 miles
Humphrey Park
1.31 miles
Flixton
1.92 miles
Trafford Park

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

£ 1037700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 31250
  • 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

£ 100200
  • 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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