This charming two-bedroom terraced home is located in the heart of Gorse Hill, Stretford, offering a perfect blend of traditional charm and modern living. It’s ideally situated close to transport links and local schools, making it a great option for families or professionals.
Upon entering, you're welcomed into a spacious open-plan reception area, which features two versatile reception rooms. These areas are adorned with some original features, such as original floorboards, original fireplace in the living room and exposed brick fireplace in the dining room all of which add character to the space. The open layout creates a seamless flow through to the kitchen, located at the rear of the house. The kitchen is well-proportioned and equipped for modern living, with access to a utility room that has a WC installed for added convenience. From the kitchen, there is direct access to a private courtyard, ideal for outdoor seating or low-maintenance gardening.
Upstairs, the upper floor contains two generously sized bedrooms. Both rooms benefit from plenty of natural light and ample storage space. The family bathroom is also located on this floor, featuring a contemporary design and practical fixtures.
A staircase from the landing leads up to a loft room, providing additional versatile space. This room could easily be used as, a home office, or a hobby room. Bright and well-ventilated, it offers a cozy and secluded area within the home.
This terraced property combines period charm with modern amenities and is situated in a well-connected and family-friendly area of Stretford.
Tenure : Leasehold
Council Tax Band : A
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
