3 Bed Semi-Detached House For Sale Newton Road, Manchester, M35

**CHAIN FREE** **EXTENDED SEMI** **THREE BEDROOMS** **TWO RECEPTION ROOMS** **LARGE REAR GARDEN** **OFF ROAD PARKING**
Presenting this three bedroom extended semi-detached property situated in a cul-de-sac in the Failsworth area. Ideal purchase for a family with scope to refurbish throughout and briefly comprising of entrance hallway, lounge, second living/dining room, extended kitchen, three bedrooms and bathroom with separate WC. Externally presents a front gated garden with off road parking and through access to a private large garden. Conveniently situated to nearby schools such as South Failsworth Primary School, surrounding local amenities and a short walk for bus links between Oldham and Manchester. Nearest tram stop is a 20 minute walk away where you will also find access for M60 and other motorway routes. Ideal for a family to occupy and viewings are highly recommended to appreciate what this home has to offer.

Entrance Hall - 4.11m x 1.96m (13'6 x 6'5) -

Lounge - 2.95m x 3.53m (9'8 x 11'7) -

Living Room/Dining Room - 6.53m x 3.38m (21'5 x 11'1) -

Kitchen - 5.36m x 1.96m (17'7 x 6'5) -

Stairs -

Bedroom 1 - 3.15m x 3.12m (10'4 x 10'3) -

Bedroom 2 - 3.38m x 3.12m (11'1 x 10'3) -

Bedroom 3 - 2.06m x 2.21m (6'9 x 7'3) -

Wc - 0.74m x 1.35m (2'5 x 4'5) -

Bathroom - 1.45m x 2.21m (4'9 x 7'3) -

Tenure - We have been advised by the vendor 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