3 Bed Town House For Sale Lime Tree Grove, Manchester, M35

£240,000- Town

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Last Updated: 28th June 2024

Description

**IDEAL FOR FAMILIES** **WELL PRESENTED** **DINING AREA** **DRIVEWAY** **PRIVATE REAR GARDEN** **PRIVATE REAR ACCESS**
McDermott & Co welcome to the market this well presented three bedroomed townhouse. Warmed by central heating and benefitting from upvc double glazing. The property comprises of entrance hall double doors into lounge, dining area, kitchen, stairs leading to all first floors rooms, three bedrooms and family bathroom. Externally there is a driveway to the front and a private rear garden. The property does benefit from private rear access ideal for storage.

Entrance Hall - 2.06m x 1.22m (6'9 x 4'0) - Entrance hall leading into lounge and stairs off, carpeted, radiator, neutral decor.

Lounge - 3.94m x 3.56m (12'11 x 11'8) - Front facing, double doors from hall, vinyl flooring, radiator, tv point, gas fire with surround and hearth, under stairs storage cupboard, neutral decor

Dining Area - 3.07m x 2.16m (10'1 x 7'1) - Rear facing, vinyl flooring, leading into kitchen, neutral decor, patio doors leading rear garden.

Kitchen Area - 3.20m x 2.41m (10'6 x 7'11) - Rear facing, range of fitted wall and base units in Grey finish with complimentary white marble effect worktops. Inset sink and drainer with mixer taps over, built in electric oven and gas hob with extractor hood over, tiled splashback. free standing under counter fridge, free standing under counter freezer, tiled flooring, plumbing for washer, spotlights, neutral decor.

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

Bedroom One - 3.86m x 2.59m (12'8 x 8'6) - Front facing, carpeted, radiator, built in wardrobes and drawers, neutral decor.

Bedroom Two - 3.35m;0.00m x 2.57m (11;0 x 8'5) - Rear facing, carpeted, radiator, built in wardrobe, neutral decor.

Bedroom Three - 2.95m x 1.93m (9'8 x 6'4) - Front facing, carpeted, radiator, built in wardrobe, neutral decor.

Family Bathroom - 1.73m x 1.93m (5'8 x 6'4) - Rear facing, three piece bathroom suite in white comprising sink and toilet, shower over bath, heated chrome towel rail, fully tiled walls, tiled flooring.

Externally - To the front there is a tarmacked driveway and to the rear a private rear garden with paved and artificial grassed areas. The property benefits from private rear access which could be used for storage.

Tenure - We have been advised by the vendors that the property is Leasehold for 999 years starting from 1st of January 1984 with Ground Rent of £35.00 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

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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.
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