Semi-detached house for sale in Newlands, Failsworth, Manchester M35

**ideal for families** **separate dining room** **cul-dec-sac**
Mcdermott & Co are please to bring to the market this 3 bedroomed semi detached property and a quite cul-de-sac in the popular area of Failsworth situated close to local amenities, schools and transport links. The property comprises of entrance hallway, lounge, dining room and kitchen and to the first floor two double bedrooms, third bedroom and family bathroom. Externally to the front there is a paved garden and private rear garden with decked, paved and stone areas.

Entrance Hallway (3.86m x 1.70m (12'8 x 5'7))

Entrance hallway, window to front, carpeted, radiator, neutral decor, under stairs storage.

Lounge (3.53m x 3.61m (11'7 x 11'10))

Front facing into bay window, carpeted, radiator, tv point, electric fire with surround and hearth, neutral decor.

Dining Room (3.15m x 3.05m (10'4 x 10'0))

Rear facing, carpeted, radiator, neutral decor, patio doors leading to rear garden.

Kitchen (2.16m x 2.29m (7'1 x 7'6))

Rear facing, range of fitted wall and base units in white finish with complimentary black worktops. Inset sink and drainer with mixer taps over, free standing gas cooker with extractor over, fridge freezer and washing machine, vinyl flooring, tiled splashback.

Stairs

Window to bottom and top of the stairs, carpeted, neutral decor.

Bedroom One (3.73m x 3.23m (12'3 x 10'7))

Front facing into bay window, carpeted, radiator, neutral decor.

Bedroom Two (3.20m x 2.95m (10'6 x 9'8))

Rear facing, carpeted, radiator, storage cupboard, neutral decor.

Family Bathroom (2.18m x 2.34m (7'2 x 7'8))

Rear and side facing, three piece bathroom suite in white comprising sink and toilet, shower over bath, radiator, partly tiled walls, vinyl flooring, spotlights, neutral decor, storage cupboard.

Externally

To the front of the property there is a paved garden and private rear garden with decked, paved and stone areas.

Tenure

We have been advised by the vendors that the property is Freehold with Chief Rent of £4.50 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