Trading Places welcomes this delightful three-bedroom house nestled in Stretford's highly sought-after Victoria Park area, this charming three-bedroom terraced house offers the perfect blend of convenience and character. Located near the vibrant Stretford Mall regeneration area, the property benefits from excellent transport links, including easy access to the M60 motorway, regular bus routes, and the nearby Metrolink, ensuring effortless connectivity across Greater Manchester.
Upon entering, you are greeted by two spacious reception rooms, perfect for flexible living and entertaining. The rear reception room leads to a well-proportioned kitchen, offering ample storage and workspace. The kitchen also provides access to the cellar, ideal for additional storage or potential conversion subject to planning permissions.
The upper floor features three generously sized bedrooms, all offering plenty of natural light and versatility for family living or working from home. A centrally located family bathroom completes the layout, fitted with modern fixtures.
To the rear, the property boasts a private courtyard with an outdoor WC, adding a practical touch. This low-maintenance space is ideal for outdoor dining or gardening enthusiasts.
Close to the local primary schools and a short walk to Victoria Park.
This property presents an excellent opportunity for families, first-time buyers, or investors looking to capitalize on the thriving Stretford area. Early viewing is highly recommended!
Tenure : Leasehold
Council Tax Band : B
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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