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11 Eastgate, Bramhope, Leeds
£765,000 Guide Price
Bedrooms
Bathrooms
A vastly extended and improved four bedroom, detached family home, extremely well planned and finished with four ground floor reception areas, three bath/shower rooms to the upper storey, together with a substantial office/summer house in beautifully landscaped gardens, all set in this quiet, child friendly and convenient backwater of Bramhope.
41 Parklands is one of the most imaginatively improved properties we have placed on the open market in recent years. The owners should be commended on their vision to create this flexible and substantial family home which has living space arranged over two storeys. There is a ground floor hallway with WC, together with a sitting room, dining room, playroom/snug and substantial fitted kitchen with a wide range of units and appliances, a utility and substantial storage area. To the upper storey are four bedrooms of varying sizes, two having use of a jack and jill shower room, a further ensuite and a house bathroom.
Of particular note are the rear gardens which have been landscaped and terraced to make the very best of the available terrain with playing and sitting out areas and a 20 ft x 10 ft, gymnasium/office/summer house which has air conditioning and a power supply, plus a decked area.
The property is set within an established and popular, child friendly area within the highly desirable village of Bramhope. It lies some 8 miles north of the vibrant commercial centre of Leeds and within a short drive of the spa towns of Harrogate and Ilkley, as well as the more traditional market town of Otley. Bramhope itself enjoys a semi rural atmosphere with a range of local shops, school, medical centre, public house and recreational facilities. The surrounding business centres of North and West Yorkshire are within commuting distance and Leeds Bradford International Airport is situated at nearby Yeadon.
From the Bramhope office turn left down Eastgate, past the parade of shops and turn right onto Parklands Gates. Follow the road round the corner into Parklands. Follow the road around to the left where the property will be seen on the right hand side identified by its street number.
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.
11 Eastgate, Bramhope, Leeds
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