3 Bed Terraced House For Sale Verdure Close, Manchester, M35

£229,950- Terraced

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

Description

**IDEAL FOR FIRST TIME BUYERS OR FAMILIES** **DRIVEWAY** **EXTENDED TO THE REAR** **MODERN KITCHEN** **MODERN FAMILY BATHROOM** **WELL PRESENTED**
McDermott & Co are delighted to bring to the market this well presented three bedroomed mid terrace in the popular Failsworth area. Benefitting from UPVC double glazing throughout and warmed by gas central heating, Internally briefly comprises of entrance porch, hall, lounge, modern kitchen/diner, utility/storage room and to the first floor three bedrooms and modern family bathroom. Externally to the front is a garden with driveway for up to two cars and a private rear garden completed with paved and artificial grassed areas. Access to bus links via Westminster Road and 5 minute drive to access tram link via Hollinwood. In close proximity to local schools, shops and amenities.

Entrance Porch - Entrance porch leading into hallway, tiled flooring, wall lights, neutral decor.

Hallway - 1.55m x 1.17m (5'1 x 3'10) - Hallway, leading in lounge and stairs off, tiled flooring, radiator, neutral decor.

Lounge - 4.22m x 2.92m (13'10 x 9'7) - Front facing into bay window, carpeted, radiators x 2, tv point, feature panelled wall, spotlights.

Kitchen/Diner - 6.07m x 2.92m (19'11 x 9'7) - Rear facing, modern range of fitted wall and base units in grey gloss finish with complimentary white marble effect quartz worktops. Inset sink and drainer with mixer taps over, integrated gas oven and grill, integrated microwave and gas hob with extractor hood over, marble effect quartz splashback, integrated dishwasher, free standing American fridge freezer, tiled flooring, radiators x 2, skylight, neutral decor, bi fold patio doors leading to rear garden.

Utility/Storage Room - 3.10m x 0.79m (10'2 x 2'7) - Tiled flooring, washer and dryer, neutral decor.

Stairs - Stairs leading to all first floor rooms, carpeted, neutral decor.

Bedroom One - 3.56m x 2.77m (11'8 x 9'1) - Front facing, carpeted, radiator, spotlights, neutral decor.

Bedroom Two - 2.41m x 2.79m (7'11 x 9'2) - Rear facing, carpeted, radiator, spotlights, partly panelled walls, neutral decor.

Bedroom Three - 2.11m x 2.18m (6'11 x 7'2) - Front facing, carpeted, radiator, spotlights, neutral decor.

Family Bathroom - 1.50m x 2.13m (4'11 x 7'0) - Rear facing, modern three piece bathroom suite in white comprising vanity sink and toilet, shower over bath, heated chrome towel rail, fully tiled walls, tiled flooring, spotlights, neutral decor.

Externally - To the front of the property there is a tarmacked driveway for two cars and a private rear garden with paved and artificial grassed areas.

Tenure - We have been advised that the property is Leasehold for 999 years from 22nd of July 1963 with Ground Rent of £7.50 per annum.

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
Terraced
5.8
£185,000
Manchester, M35
Semi Detached
5.8
£200,000
Manchester, M35
End Terrace
5.4
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