This three-bedroom house, located on the sought-after Chorlton border, offers an excellent opportunity for buyers looking to modernize and create a personalized home. The property boasts spacious interiors and is brimming with potential.
On the ground floor, there are two generously sized reception rooms, perfect for living and entertaining. These versatile spaces provide ample room for a formal lounge, dining area, or family room. The kitchen, also on this level, is well-proportioned and offers the opportunity to be redesigned into a modern and functional cooking space.
Upstairs, the house features three large bedrooms, each filled with natural light and offering plenty of space for family living or additional uses, such as a home office. The family bathroom is centrally located on this floor, presenting a chance to create a stylish and relaxing retreat.
Outside, the property benefits from a private courtyard, providing a low-maintenance outdoor area ideal for relaxing or hosting gatherings. At the rear of the courtyard is an outhouse, which could serve as additional storage.
Requiring modernization throughout, this house is a blank canvas waiting for its next owner to unlock its full potential. Situated in a prime location near Chorlton, it enjoys excellent access to local amenities, schools, and transport links, making it a fantastic opportunity to create a dream home.
EPC TBC
Utilities TBC
Council Tax B
Tenure TBC
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 |
Firstly, let’s begin with a few details about you
