This three-bedroom house, set on a spacious corner plot, presents an exciting opportunity for those eager to modernise and customise their ideal home. Situated in a prime location near Stretford Mall, local parks, and reputable schools, this property is perfectly positioned for convenience and family living, with the added benefit of excellent transport links, including proximity to the M60 motorway.
The ground floor offers two well-sized reception rooms, ideal for versatile living and entertaining spaces. The kitchen, located at the rear, provides an opportunity for transformation into a contemporary and functional cooking and dining area, with views leading out to the garden.
Upstairs, the property features three bedrooms, including two generous doubles and a single, which could also serve as a home office or nursery. The family bathroom requires updating but offers the potential to design a modern and stylish suite to meet the needs of a busy household.
Outside, the property boasts a private rear garden, offering space for relaxation, gardening, or outdoor entertaining. A detached garage provides additional storage or potential for further development, enhancing the home’s value and functionality.
This home’s excellent location combines easy access to local amenities and green spaces with superb transport connections, making it an ideal choice for families or investors seeking to unlock its full potential. A viewing is highly recommended to appreciate the scope for renovation and transformation this property offers.
Tenure : Freehold
Council Tax Band : C
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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