4 bedroom detached for sale

£699,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

A fantastic opportunity to purchase an immaculately presented detached family home set on a generous plot and offering plenty of accommodation, with spacious and well-proportioned rooms, ideal for a growing family, situated in this popular location within Cookridge.

A beautiful family home set on the popular Cookridge Lane within Cookridge. A detached property with four bedrooms, two bathrooms and stunning dining kitchen/snug and spacious lounge with two further reception rooms, ideal for working from home, utility room and wc. Private landscaped gardens, large decked area, with driveway parking and secure gating to the side and rear.

The property is a high standard throughout and includes a stylish fitted kitchen with integrated appliances and a luxuriously appointed bathroom. This sought after location is excellent for access to local reputable schools and for commuting into the city centre via the regular bus links and commuter routes to many surrounding areas. The property is within walking distance of parkland/golf club and leisure club, providing delightful outdoor facilities and many shops and amenities on the doorstep.

The accommodation is planned over two floors and comprises to the ground floor: entrance hall, wc, utility room, lounge with bay window, office or playroom and spacious modern dining/kitchen/lounge with access to the garden via bi-folding doors. The kitchen has integrated appliances and an island with breakfast bar, perfect for a growing family. There are double doors leading to the front lounge, a great design for everyday life. To the first floor: a bright spacious landing with window allowing plenty of light, master bedroom with en-suite, three further double bedrooms and modern house bathroom.

Outside and to the front of the property there is a lawn and hedge, and a newly paved tarmac driveway to the front and side. At the rear of the property is a lawn, along with delightful decking area, and side gate providing ample privacy.

Early viewing is strongly recommended to appreciate the plot.

From Dacre Son & Hartleys Bramhope office proceed to the centre of the village, before turning left in the direction of Cookridge. On entering Cookridge proceed past Old Modernians Rugby/Sports Club on the left hand side, before the property can be found on the right hand side marked by a For Sale board.

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

£ 579375

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 17475
  • 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

£ 55125
  • 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.

£

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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