This three-bedroom semi-detached home is ideally situated in a quiet area with no through traffic and presents an exciting opportunity for buyers seeking a renovation project with great potential. While the property would benefit from modernisation throughout, it provides generous living space and great potential to create a truly bespoke home.
The ground floor features a spacious layout, including an entrance hall leading to a sizeable lounge, offering excellent scope for redesign and improvement. The kitchen, while currently dated, presents an opportunity to be reconfigured into a contemporary and functional space tailored to modern living.
Upstairs, there are three well-proportioned bedrooms, all with good natural light and ample space to be transformed into comfortable and stylish accommodation. The property currently offers a modernised bathroom.
Retaining some original features such as fireplaces and woodwork, the property offers a solid foundation for restoration or enhancement. Additional benefits include a dedicated off road parking space. The property also benefits from a private rear garden, offering a great outdoor space with plenty of potential for landscaping or further enhancement.
Conveniently situated near Chester Road Tesco, as well as a range of cafés, schools, and parks. The property also benefits from excellent tram and bus links, providing easy access to MediaCity and Manchester City Centre. This property represents an ideal renovation space for those looking to put their own stamp on a home in a desirable area. Early viewing is recommended to fully appreciate the potential on offer.
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
