Located in Stretford, just a stone's throw from the scenic Longford Park, this three-bedroom house offers a blend of potential and charm. This semi-detached property features two spacious reception rooms and an orangery at the back, along with a downstairs shower room, making it ideal for families looking for ample living space.
Upon entering the house, you are greeted by a welcoming entrance hall. To the right, the first reception room, situated at the front of the house, boasts a large bay window that floods the space with natural light. The second reception room, located in the centre of the house, is slightly larger and offers a versatile space that can be adapted to suit various needs, whether as a formal dining area or a comfortable family lounge. This room opens into the orangery through double sliding doors, which provide the option for an open-plan living experience.
The orangery is a highlight of the property, featuring floor-to-ceiling windows and a glass roof that creates a bright and airy atmosphere while offering views of the expansive rear garden. The orangery’s connection to the garden makes it perfect for entertaining guests or enjoying quiet moments of relaxation. The kitchen, accessible from the second reception room, has a functional layout but would benefit from modernisation to fully realize its potential. It is adjacent to the second reception room, offering the opportunity to create a seamless flow between the living and cooking spaces. Nearby, the convenient downstairs shower room is fitted with a shower cubicle, washbasin, and toilet, adding practicality to the ground floor layout.
Upstairs, the property features three bedrooms, each with its own character and charm. The master bedroom is located at the front of the house and offers generous space with a large window that overlooks the front garden. The second bedroom, slightly smaller, is situated at the back of the house and provides views of the garden, making it a peaceful retreat. The third bedroom is versatile, and suitable as a child’s room, study, or guest room.
The first floor also includes a family bathroom, equipped with a bathtub and washbasin, alongside a separate WC, providing additional convenience for family living. While functional, these areas would benefit from some updating to reflect contemporary tastes.
Outside, the property boasts a large rear garden, offering ample space for gardening enthusiasts or families seeking outdoor recreation areas. The garden also includes a garage, providing extra storage or the potential for conversion, subject to planning permissions. A driveway at the front of the house offers off-road parking, a valuable asset in this sought-after area.
This house is perfect for those with a vision to update and modernise, as it presents an excellent opportunity to create a dream home in a desirable location. Its proximity to Longford Park and local amenities, along with its spacious layout and potential for enhancement, make it an attractive prospect for families or investors.
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
Tax Band | % | Taxable Sum | Tax |
less than £125k | 0 | ||
£125k to £250k | 2 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £125k | 3 | ||
£125k to £250k | 5 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £300k | 0(2/5)* | ||
£300k to £500k | 5 | ||
£500k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
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