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2 bed flat for sale Mersey Road, Manchester

Asking price

£250,000

Added yesterday

Type: Flat
Bedrooms: 2
Tenure: Leasehold

About this property

A well presented third floor apartment, offering a fantastic opportunity for first time buyers and investors alike. Upon entry, you will notice the light and airy feel throughout, thanks to large windows and a thoughtful layout. The living and dining room is a generous space which leads to the modern fitted kitchen comes with plenty of storage and workspace.

Floorplan

Council tax

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Price guide

100 comparables · within 2.7 miles

Priced above 62% of the 2-bed flats for sale nearby right now.

This home, £250,000 Median £222,500 · £160,000 – £320,500

Compared with 100 2-bed flats for sale within 2.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Mersey Road, Manchester

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Mortgage and stamp duty

Property price £250,000

£125k £375k

Deposit10% £25,000

£0 £250k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.