3 Bed Detached Bungalow House For Sale Lord Lane, Manchester, M35

£330,000- Detached Bungalow

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 25th June 2024

Description

**DETACHED DORMER BUNGALOW** **LARGE GARDEN** **CONSERVATORY/SUN ROOM** **3 BEDROOMS INCLUDING LOFT ROOM** **FOUR PIECE FAMILY BATHROOM** **UTILITY ROOM** **DRIVEWAY**
McDermott & Co are happy to bring to the market this 3 bedroomed semi detached dormer bungalow. In close proximately to local amenities, transport links and schools. The property is warmed by gas central heating, comprising of entrance hallway, lounge area/dining area, conservatory/sun room, kitchen, utility room, family bathroom, bedroom one, bedroom two with wc, stairs leading the bedroom three/loft room.
Viewings recommended to appreciate the property's full potential.

Entrance Hallway - 4.65m x 1.78m (15'3 x 5'10) - Carpeted, wall lights, radiator, doors to lounge, family bathroom, bedroom one.

Lounge Area/Dining Area - 8.38m x 3.66m (27'6 x 12') - Front facing into bay and rear facing, carpeted, electric fire in surround and hearth, two radiators, double doors from dining area to conservatory.

Kitchen - 3.89m x 2.77m (12'9 x 9'1) - Rear facing into bay, tiled floor, range of built in units, electric double oven and grill, induction hob, integrated microwave, spotlights, radiator.

Conservatory/Sun Room - 8.43m x 2.79m (27'8 x 9'2) - Rear facing, white upvc door, tiled flooring, wall lights, neutral decor, doors leading to rear garden.

Utility Room - 3.63m x 2.34m (11'11 x 7'8) - Side facing, tiled flooring, plumbed for washing machine and space for dryer, neutral decor.

Bedroom One - 3.66m x 3.40m (12' x 11'2) - Rear facing, carpeted, built in wardrobes and dressing table, radiator, neutral decor.

Bedroom Two With Wc - 4.67m x 2.59m (15'4 x 8'6) - Front facing into bay, carpeted, built in wardrobe, radiator, w.c., and sink in white with tiled splash back, neutral decor

Family Bathroom - 2.62m x 2.03m (8'7 x 6'8) - Rear facing, vinyl flooring, shower cubicle, w.c., bath, tiled walls, spotlights and wall lights, corner storage unit.

Stairs - 0.94m x 0.86m (3'1 x 2'10) - Stairs from inner hall to loft room, carpeted, starage cupboard the top of the stairs.

Bedroom Three/Loft Room - 5.59m x 3.73m (18'4 x 12'3) - Front and rear facing, carpeted, spotlights, two radiators, neutral decor.

Externally - Gardens to front and rear with driveway to the front, garage door but no garage as it has been changed into a utility room but change be changed back.

Tenure - We have been advised by the vendors that the property is Freehold

Stamp Duty - You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland.
You pay the tax when you:
• buy a freehold property
• buy a new or existing leasehold
• are transferred land or property in exchange for payment, for example you take on a mortgage
The threshold is where SDLT starts to apply. If you buy a property for less than the threshold, there’s no SDLT to pay.
The current SDLT threshold for residential properties is £250,000.
The threshold for non-residential land and properties is £150,000.
Thresholds Property Price SDLT Rate
Up to £250,000 0%
The portion between £250,001 to £925,000 5%
The portion between £925,001 to £1,500,000 10%
The portion over £1,500,001 12%

Example
In October 2021 you buy a house for £295,000. The SDLT you owe will be calculated as follows:-
0% on the first £125,000 = £0
2% on the next £125,000 = £2,500
5% on the final £45,000 = £2,250
Total SDLT = £4,750

How much you pay depends on whether the land or property is residential use or non-residential or mixed-use.
If you’re buying a residential property there are different rates of SDLT if:
• you’re a first-time buyer
• you already own a property and you’re buying an additional property
• you’re not a UK resident
You can use HM Revenue and Customs’ (HMRC) Stamp Duty Land Tax calculator to work out how much tax you’ll pay.
You may be able to reduce the amount of tax you pay by claiming relief, such as if you’re a first-time buyer or purchasing more than one property (‘multiple dwellings’).


First-time buyers:
From 1 July 2021, you’ll get a discount (relief) that means you’ll pay less or no tax if both the following apply:
• you, and anyone else you’re buying with, are first-time buyers
• the purchase price is £500,000 or lessYou must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland.
You pay the tax when you:
• buy a freehold property
• buy a new or existing leasehold
• are transferred land or property in exchange for payment, for example you take on a mortgage
The threshold is where SDLT starts to apply. If you buy a property for less than the threshold, there’s no SDLT to pay.
The current SDLT threshold for residential properties is £250,000.
The threshold for non-residential land and properties is £150,000.
Thresholds Property Price SDLT Rate
Up to £250,000 0%
The portion between £250,001 to £925,000 5%
The portion between £925,001 to £1,500,000 10%
The portion over £1,500,001 12%

Example
In October 2021 you buy a house for £295,000. The SDLT you owe will be calculated as follows:-
0% on the first £125,000 = £0
2% on the next £125,000 = £2,500
5% on the final £45,000 = £2,250
Total SDLT = £4,750

How much you pay depends on whether the land or property is residential use or non-residential or mixed-use.
If you’re buying a residential property there are different rates of SDLT if:
• you’re a first-time buyer
• you already own a property and you’re buying an additional property
• you’re not a UK resident
You can use HM Revenue and Customs’ (HMRC) Stamp Duty Land Tax calculator to work out how much tax you’ll pay.
You may be able to reduce the amount of tax you pay by claiming relief, such as if you’re a first-time buyer or purchasing more than one property (‘multiple dwellings’).


First-time buyers:
From 1 July 2021, you’ll get a discount (relief) that means you’ll pay less or no tax if both the following apply:
• you, and anyone else you’re buying with, are first-time buyers
• the purchase price is £500,000 or less
Agent Details
Mcdermott & Co Property Agents
98 Ashton Road East, Failsworth, Manchester, M35 9PR

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

£185,000
Manchester, M35
Of Multiple Occupation
8.7
£190,000
Manchester, M40
Terraced
6.5
£220,000
Manchester, M43
Property
6.1
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested