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273 Otley Road, West Park, Leeds
£925,000 Offers over
Bedrooms
Bathrooms
A sense of period grandeur permeates this stunning six bedroom, 5,527 square foot semi- detached house in the exclusive North Leeds, plus the annex (438 sq,ft) neighbourhood of Weetwood. The property occupies a rare position down a private driveway.
A rare and wonderful opportunity to acquire a period house of generous proportions, now in need of renovation throughout, with attached, one bedroom annex set in a delightful plot, Weetwood Grange enjoys a lovely setting tucked away down a private driveway, secluded on the edge of Weetwood. This charming and distinctive property retains an extensive range of original period features. Weetwood Grange has not been on the market in over 20 years and this is a very rare opportunity for someone ready to refurbish a grand property and give this stunning home a new lease of life. This family home is ready to be invested in and welcomes a buyer to update this period home and enjoy putting their own stamp on the property.
Weetwood Grange offers many impressive well preserved original features including; oak panelling, decorative ceiling, exposed beams, decorative ceiling and wall mouldings, deep skirtings and timber doors. The property in brief comprises; five reception rooms, along with a breakfast kitchen with log burner, cloakroom, shower room and rear door with utility services & wc, access to the substantial cellar which could have further potential with (necessary planning permissions) plus a self-contained one bedroom annex to the ground floor with its own entrance. To the first floor;, six double bedrooms and one very large house bathroom, including a master with ensuite (pluming only). There is so much versatile space, which offers very flexible living, and lots of retaining character throughout such as the magnificent sweeping return staircase with gallery landing.
An early viewing is recommended to appreciate the sizeable accommodation, its versatility and the sought after location. The property is situated in this highly sought after residential location close to the centre of Weetwood where there are extensive shopping amenities and transport services and also a wide choice of recreational facilities to choose from. The property is ideally placed for travelling into the centre of Leeds, and with the Leeds Outer Ring Road close by travelling to the surrounding cities and towns of Harrogate and York is made easy. Meanwood Park, Becketts Park and The Hollies are also on the doorstep, providing popular recreational facilities together with the Village Hotel and Gym at nearby West Park.
Tenure, Services & Parking
Freehold
Conservation area
Driveway for many cars
Grade 2 Listed
Main Electricity, water, drainage and gas are installed. Domestic heating is from gas fired boiler
Internet & Mobile Coverage
Information obtained from the Ofcom website indicates that an internet connection is available from at least one provider. Mobile coverage (outdoors), is also available from at least one of the UKs four leading providers. For further information please refer to:
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.
273 Otley Road, West Park, Leeds
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