4 bedroom semi-detached for sale

£450,000 OIRO

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Beautifully positioned in a tranquil rural setting on the outskirts of Southowram, this majestic character property is approached along a farm track and offers breathtaking views across open countryside and showcases an abundance of charming original features creating the perfect countryside retreat. Features include exposed beams, Yorkshire stone floor, original doors, traditional style radiators, window shutters and stone window seats.The spacious accommodation comprises: kitchen, lounge, dining room with wood burner, ground floor bedroom, utility room and cloakroom / WC.To the first floor there are 3 generously sized bedrooms and a sizeable house bathroom.Externally, the property benefits from parking for two cars along with a delightful garden featuring a sun terrace, lawn and a summer house, ideal for relaxation or entertaining while enjoying the stunning surroundings.

Kitchen
19 5 x 7 11 (5.91m x 2.41m)
Accessed through a stable door the kitchen has a range of wall and base units, sink with drainer, Range cooker point, integrated dishwasher, exposed beam, double glazed windows and sky light.
Lounge
15 10 x 15 0 (4.82m x 4.57m)
Spacious lounge with gas fire and stone surround, wood floor, stone window seat, exposed beams and double glazed windows.
Porch
Porch giving access into the lounge.
Dining Room
15 10 x 14 5 (4.82m x 4.39m)
Beautiful Yorkshire stone floor, stone window seat, wood burning stove, traditional style radiator and exposed beams.
Porch
Porch giving access into the dining room.
Bedroom 4
15 0 x 9 8 (4.57m x 2.94m)
Versatile ground floor room currently used as bedroom 4 with double glazed window, radiator and store cupboard.
Utility room
9 7 x 6 1 (2.92m x 1.85m)
Plumbing for washing machine, boiler, wall and base units, double glazed window and sink.
Cloakroom
Cloakroom with plumbing for toilet.
First Floor
Bedroom 1
15 10 x 15 0 (4.82m x 4.57m)
Spacious bedroom boasting impressive high ceilings with exposed beams, feature fireplace, double glazed windows, fitted wardrobes and radiator.
Bedroom 2
15 10 x 14 5 (4.82m x 4.39m)
Double glazed windows with original shutters, high ceiling and exposed beams, radiator and wood floor.
Bedroom 3
14 5 x 6 1 (4.39m x 1.85m)
L-shaped bedroom with fitted wardrobes, double glazed window and space for single bed.
Bathroom
Corner bath, low flush wc, heated towel rail, hand wash basin,. shower cubicle, double glazed window, exposed beam and tiled floor.
Outside
There is parking for 2 cars and the property is accessed through a working farm down a track.
Garden
To the front of the house is a patio garden that makes the most of the beautiful views. A further garden, accessed through next door, provides a summer house, sun terrace, and lawned area, all benefiting from open, far reaching views.
Property information
The roof has been recently renewed and the boiler is approx 3 years old. The property is on a septic tank / treatment plant shared with next door.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 36450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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