2 Bed Terraced House, Single Let, Manchester, M35 0JP, £159,950

25 Stott Street, Manchester, Greater Manchester, M35 0JP - 1 views - 2 months ago

BTL
ROI: 5%
74 m²
+9 photos

ValuationOvervalued











Cashflows



































Property History

Listed for £159,950

February 7, 2025

Floor Plans

Description

  • MID TERRACE +
  • TWO BEDROOMS +
  • KITCHEN/DINER +
  • CLOSE TO LOCAL AMENITIES +
  • UPVC DOUBLE GLAZING +
  • GAS CENTRAL HEATING +

IDEAL FOR INVESTORS IDEAL FOR FIRST TIME BUYERS KITCHEN/DINER
McDermott & Co are pleased to bring to the market this two bedroomed mid terrace property situated close to local amenities and transport links. The property benefitting from upvc double glazing and gas central heating. Comprising of entrance vestibule, lounge, kitchen/diner, stairs leading to all first floor rooms, two bedrooms and family bathroom.

Entrance Vestibule - 0.91m x 1.09m (3'0 x 3'7) - Entrance vestibule, carpeted, neutral decor.

Lounge - 4.17m x 4.39m (13'8 x 14'5) - Front facing, laminate flooring, electric fire, walls lights, radiator, neutral decor, double doors into kitchen/diner.

Kitchen/Diner - 4.95m x 3.56m (16'3 x 11'8) - Rear facing, range of fitted wall and base units in beech finish with complimentary black worktops. Inset sink and drainer with mixer taps over, built in electric oven and gas hob with extractor hood over, tiled splashback, tiled flooring, radiator, island with storage and overhang for breakfast seating, neutral decor, under stairs storage, stairs off,.

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

Bedroom One - 4.14m x 4.39m (13'7 x 14'5) - Front facing, carpeted, radiator, neutral decor.

Bedroom Two - 4.11m x 2.39m (13'6 x 7'10) - Rear facing, carpeted, radiator, neutral decor.

Family Bathroom - 1.65m x 1.91m (5'5 x 6'3) - Rear facing, three piece bathroom suite in white comprising sink and toilet, shower over bath, radiator, fully tiled walls, vinyl flooring, spotlights.

Externally - To front there is a small area and a private rear paved yard.

Tenure -

Stamp Duty - Residential property rates
You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property, for example a house or flat.
The amount you pay depends on:
•when you bought the property
•how much you paid for it
•whether you’re eligible for relief or an exemption
Rates for a single property
You pay SDLT at these rates if, after buying the property, it is the only residential property you own. You usually pay 5% on top of these rates if you own another residential property.
Rates up to 31 March 2025
Property or lease premium or transfer valueSDLTrate
Up to £250,000Zero
The next £675,000 (the portion from £250,001 to £925,000)5%
The next £575,000 (the portion from £925,001 to £1.5 million)10%
The remaining amount (the portion above £1.5 million)12%
Example
In October 2024 you buy a house for £295,000. The SDLT you owe will be calculated as follows:
•0% on the first £250,000 = £0
•5% on the final £45,000 = £2,250
•total SDLT = £2,250
Rates from 1 April 2025
Property or lease premium or transfer valueSDLTrate
Up to £125,000Zero
The next £125,000 (the portion from £125,001 to £250,000)2%
The next £675,000 (the portion from £250,001 to £925,000)5%
The next £575,000 (the portion from £925,001 to £1.5 million)10%
The remaining amount (the portion above £1.5 million)12%
Example
In April 2025 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 second £125,000 = £2,500
•5% on the final £45,000 = £2,250
•total SDLT = £4,750

Agent Details

Mcdermott & Co Property Agents, Failsworth

0161 524 3146

Next Steps?

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