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218 Lilycroft Road, Bradford, West Yorkshire,, BD9 5AL
£290,000
Bedrooms
Bathrooms
Reception
A rare opportunity to acquire a well established four bedroom semi detached property located within a popular street in Heaton. The property is currently in need of some modernisation and provides superb potential to be an excellent family accommodation. There is scope to extend to the side (subject to planning permission) with a range of possibilities to add to the existing three-storey living accommodation. Internally, the property comprises, to the ground floor; entrance hallway, cloakroom, lounge, dining room, kitchen and conservatory. To the first floor there are two double bedrooms and one single bedroom and a bathroom. There is a further bedroom to the second floor with scope for further development. Externally, there is a driveway to the front with access into an attached garage and parking for two cars. There is gated access through to an enclosed, private, lawned rear garden patio area.
ENTRANCE HALLWAY
Stairs lead up to first floor landing. Door into understairs w.c.
SITTING ROOM: 14'5" x 14'8"
Feature open fire set into original feature surround. Radiator. Timber framed bay window to the front. Ceiling cornice and picture rail. Built in shelving to recesses.
DINING ROOM: 11'6" x 16'10"
Built in shelving to recess. Window looks through to conservatory. Laminate flooring. Original feature cornice detail.
KITCHEN: 17' x 8'9"
A generous kitchen space with Aga and fitted kitchen units. Sink with drainer. Windows to side and rear aspects. Laminate flooring. Door into storage pantry. Door leads through to conservatory.
CONSERVATORY
Timber frame construction with windows to front. Door provides access out to rear garden.
W.C
W.C and hand wash basin. Window to the side. Cupboard houses fusebox.
LANDING:
Window to side elevation.
BEDROOM ONE: 15'7" x 11'11"
Bay window to the front elevation. Built in wardrobes. Radiator.
BEDROOM TWO: 14'6" x 11'6"
Window to rear elevation overlooking rear garden. Radiator.
BEDROOM THREE:8'3" x 6'
Door into storage cupboard. Sink unit. Window to front elevation. Radiator.
BATHROOM:
A generously proportioned four piece house bathroom with corner bath, shower cubicle, w.c and hand wash basin. Opaque windows to side and rear elevations.
SECOND FLOOR LANDING:
Door provides access into wash cupboard with hand wash basin. Under eaves storage.
BEDROOM FOUR: 12'10" x 8'8"
Dormer window. Built in wardrobes.
OUTSIDE:
To the front of the property there is a tarmac driveway with small garden area with a range of mature trees and shrubs. There is access into a single garage to the side and wood storage. There is gated access to the rear of the property where there is a lawned garden with patio area and timber storage sheds. Mature trees surround the garden providing excellent privacy.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
218 Lilycroft Road, Bradford, West Yorkshire,, BD9 5AL
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