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273 Otley Road, West Park, Leeds
£1,250,000 Guide Price
Bedrooms
Bathrooms
A rare opportunity to buy this characterful, four bedroom family home with stunning views over fabulous gardens and countryside along with a two bedroom detached barn, stable block and paddock, the whole being approx. 1.336 acres in total.
This attractive family home has been lovingly extended and upgraded by the current owners over the last 45 years to maximise the delightful views, setting and stunning, extensive gardens. The stone built property comprises, to the ground floor, a large entrance porch leading to the entrance hall with useful utility room and wc. A generous inner kitchen, with a range of base and wall units and large Rangemaster cooker, leads through to a stunning dining kitchen being the heart of the home with an island and ample worktop space, dining and sitting areas with stunning views and this space is being flooded with natural light having windows to three elevations, Velux roof lights and double doors to the garden. Also to the ground floor are three spacious reception rooms and, to the rear of the property, a spacious conservatory offering delightful views over the garden, paddock and countryside beyond. To the first floor are three double bedrooms, a small single bedroom and a large house bathroom. A large, detached barn has been cleverly converted to offer further living space with a spacious lounge and dining kitchen, two double bedrooms, snug and bathroom. This attractive property is ideal for extended family / guest accommodation or, with the appropriate licence and consents, would make a lovely AirBnB. The stunning gardens encompass sweeping lawns with mature planted beds and landscaping, beautiful pond with an outbuilding and patio area creating a tranquil setting. A hedge enclosed vegetable plot with ample beds to grow your own fruit and veg with glass greenhouse, and a large patio area directly to the rear of the house is ideal for outside entertaining and making the most of the fabulous views. For those who enjoy equestrian pursuits, the property comes with the rare benefit of a paddock and stable block with stabling for a number of horses. And a large Hen run also to house many hens. There is also a triple garage with electric doors and block paved, gated cobbled courtyard driveway with parking for a large number of cars. This is a rare opportunity to have two dwellings on the same plot and have the potential to run a business or have family live close by. Please call our office to discuss things further.
Agents Notes
Tenure
Freehold
Local Authority & Council Tax Band
Leeds City Council
Council Tax Band F
Services
All mains services are installed with gas fired central heating.
Parking
Triple garage and gated courtyard with ample parking
Internet and Mobile Coverage
The Ofcom website shows internet available from at least 1 provider. Outdoor mobile coverage (excl 5G) available from at least 1 of the UKs 4 main providers. Results are predictions not a guarantee & may differ subject to circumstances, exact location & network outages
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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