A beautifully presented three-bedroom semi-detached home situated on a quiet residential road in Urmston, offering spacious accommodation, off-road parking and a south-westerly facing rear garden, while retaining a number of attractive original features.
The property opens into a welcoming entrance hall, featuring an original front door and porch, an attractive stained-glass window and other period features which add to the character of the home. There is an expansive bay-fronted living room with doors leading to the rear garden. To the rear is a kitchen with ample storage and direct access to the garden. Upstairs are three well-proportioned bedrooms, a family bathroom and a separate WC.
Externally, the property benefits from a private driveway providing off-road parking. To the rear is a south-westerly facing lawned garden, with a patio area ideal for outdoor dining and entertaining. A useful timber outbuilding provides additional storage.
The current owner has thoughtfully updated the property, including a full roof replacement in 2021, while retaining its original character and charm.
The location is particularly convenient, with Urmston’s local amenities close by, together with a variety of nearby green spaces, including Urmston Meadows and local parks. The property benefits from excellent public transport links with bus routes and Chassen Road Railway station within walking distance. The area is well regarded for its schooling, with a number of highly regarded local schools and grammar schools within easy reach.
The property also offers excellent potential for further extension, subject to the necessary planning permissions, providing an exciting opportunity for buyers looking to create additional living space in the future.
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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