Trading Places are now in receipt of an offer for the sum of £155,000 for 16a Broseley Road - Anyone wishing to place an offer on this property should contact Trading Places 0161 865 9220 before exchange of contracts.
Spacious Two-Bedroom First-Floor Flat with Balcony in Firswood
This two-bedroom first-floor flat offers a wonderful opportunity to create your dream home in the desirable area of Firswood. With good-sized rooms throughout, the property provides a versatile living space that is ready for modernisation to suit your personal style.
The kitchen features direct access to a private balcony, offering a charming outdoor space to relax or dine al fresco. The rest of the flat benefits from a practical layout, including a generously proportioned living area and two well-sized bedrooms.
Located within walking distance of Longford Park, the property is perfect for those who enjoy outdoor activities or a peaceful stroll. Families will appreciate the proximity to two reputable local primary schools, while excellent transport links via the nearby Metrolink station provide easy access to Manchester city centre and Altrincham.
Although in need of some updating, this flat presents an exciting project for first-time buyers, downsizers, or investors looking to add value. Its combination of spacious accommodation, fantastic location, and potential makes it a great investment opportunity.
Council Tax - A
EPC - C
Tenure - Leasehold; 125 years from 28/02/2000, Ground rent- £10 per annum , Service Charge - £686.77 per annum
Disclaimer * (While every effort has been made to ensure the accuracy and completeness of the information, Trading Places and the seller makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information contained in this advertisement for any purpose and any reliance you place on such information is strictly at your own risk. All information should be confirmed by your Legal representative) *
Tenure : Leasehold
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 |
Firstly, let’s begin with a few details about you
