Reduced to £124,950 2 bed House - mid terrace, For Sale - Main Street, Failsworth, Manchester

Main Street, Failsworth, Manchester - Photo 1
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Property Information

**REDUCED** **IDEAL FOR FAMILIES** **LOFT STORAGE ROOM**
2 bedroomed mid terrace property. The property benefits from upvc double glazing and gas central heating. The property comprises of entrance vestibule, lounge, kitchen/diner, 2 bedrooms, family bathroom, loft storage room. Externally a small front garden and private rear garden.

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Property Location

Entrance Vestibule

Entrance vestibule, laminate flooring, neutral decor

Lounge (4.06m x 4.37m)

Front facing, laminate flooring, tv point, telephone point, gas feature fire, radiator, wall lights, neutral decor

Kitchen/Diner (3.56m x 4.34m)

Rear facing, modern range of fitted wall and base units in White finish with complimentary black worktops. Inset sink and drainer with mixer taps over, extractor hood over, integrated fridge freezer, tiled flooring, radiator, plumbing for washer, breakfast bar

Stairs

Carpeted, neutral decor

Bedroom 1 (4.14m x 4.37m)

Front facing, carpeted, radiator, tv point, neutral decor

Bedroom 2 (3.58m x 2.11m)

Rear facing, carpeted, radiator, tv point, neutral decor

Family Bathroom (2.26m x 2.11m)

Rear facing, modern three piece bathroom suite in white comprising sink and toilet, shower over bath, heated towel rail, laminate flooring

Loft Storage Room (3.99m x 4.09m)

This room is being used as a bedroom, carpeted, lighting, storage cupboard, neutral decor

Externally

To the front of the property there is a small garden and to the rear and private rear garden

Tenure

We have been advised by the vendor that the property is Freehold

Stamp Duty

In England and Northern Ireland you're liable to pay Stamp Duty when you buy a residential property, or a piece of land, costing more than £125,000 (or more than £40,000 for second homes).

This tax applies to both freehold and leasehold properties whether you're buying outright or with a mortgage.

Example
If you buy a house for £275,000, the SDLT you owe is calculated as follows:
0% on the first £125,000 = £0
2% on the next £125,000 = £2,500
5% on the final £25,000 = £1,250
Total SDLT = £3,750

Buyers of additional residential properties, such as second homes and buy-to-let properties, will have to pay an extra 3% in Stamp Duty on top of current rates for each band.

This increased rate applies to properties bought for £40,000 or more.

FIRST TIME BUYER RELIEF If you're a first-time buyer in England or Northern Ireland, you will pay no Stamp Duty on properties worth up to £300,000. For properties costing up to £500,000, you will pay no Stamp Duty on the first £300,000. You will pay Stamp Duty on the remaining amount, up to £200,000. If the property you are buying is worth over £500,000, you will pay the standard rates of Stamp Duty and will not qualify for first-time buyer's relief.
Higher rates for additional properties
From 1 April 2016, you will usually have to pay 3% on top of the normal SDLT rates if buying a new residential property means you will own more than one.
You wont pay the extra 3% SDLT if the property you are buying is replacing your main residence and that has already been sold.

Viewing
Viewings can be arranged through Medlock Estates, strictly by appointment only on Droysden Branch:0161 371 7776 Failsworth Branch: 0161 688 8474.

Tenure
Prospective purchasers are advised to ask their solicitor to confirm the tenure of the property.

Services
All mains services are connected to the property and have not been tested, this is advisable upon exchange.

Making An Offer
We are required under the Estates Agents Act 1979 to establish a purchaser's ability to buy, including mortgage arrangements before submitting your offer to our vendor clients. If you are interested in this property, please contact us immediately prior to contacting a building society, bank or solicitor. Failure to do so may result in the property being sold elsewhere or abortive costs being incurred by way of legal and/or survey fees.

Mortgages
We have an excellent Independent mortgage adviser who can help you to buy this property. Our mortgage adviser helps people buy their own homes every day. Just call our financial services department on 0161 688 8474 to make an appointment to discuss all your financial needs.

Your property can be repossessed if you do not keep up repayments on a mortgage or any other loan secured on it.

Opening Hours
Our offices are open Monday to Friday 9.00am until 5.00pm and Saturday 09.30am until 12.00pm

Thinking of Selling?
If you are thinking of selling, renting or buying a home, we would be delighted to arrange an appointment at your convenience to offer practical and professional advice and marketing services without obligation.

Disclaimer
Whilst we believe that these particulars are accurate they are only set out as a general guideline and do not constitute any part of a contract or offer.

Our properties can be viewed at:
www.medlockestates.co.uk
www.rightmove.co.uk
www.homesonview.co.uk