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273 Otley Road, West Park, Leeds
£490,000 Guide Price
Bedrooms
Bathrooms
A superb, detached bungalow located in this popular part of West Park. The property offers three-bedroom accommodation and provides a spacious and bright living space with attractive gardens. Ample parking on the drive, with garage and gardens to front and rear.
Dacres Son and Hartley are delighted to offer for sale a detached bungalow which is situated on an IMPRESSIVE plot in a sought-after West Park location. The property would make a superb home and is sure to create much interest amongst families and retirees.
The home offers spacious and flexible living accommodation. Situated in a highly favoured location tucked away off Otley Road giving the home plenty of privacy. There is easy access to good local schools and excellent transport links to Leeds City Centre. The property briefly comprises:- Porch and entrance hall, large L- shaped family lounge/dining room, separate fitted kitchen and a further conservatory with garden aspect overlooking the private rear garden. Also on the ground floor is access to the wc, utility room and integral garage, and rear door to the garden. Three double bedrooms two with built in wardrobes, modern house bathroom with separate shower and bath. The home is very adaptable and must be viewed, and it has great room proportions with versatile living. Externally the overall plot is a very good size, to the front is ample parking on the driveway with lawn and hedge boundaries. To the rear is a lovely private garden with two lawn areas, mature trees, planting and shrubs, with a great degree of privacy.
The property is pleasantly situated in this highly regarded residential location to the north of Leeds. There are many local amenities close by including a wide choice of shops, schools and recreational facilities and the property is ideally placed for daily travelling into the centre of Leeds. The Leeds Outer Ring Road is less than a mile away enabling easy access to the surrounding business centres of Bradford, Harrogate and York and the national motorway networks (M1, M62, A1). Regular buses stop within a short walk of the property and Leeds/Bradford international airport is situated at nearby Yeadon.
Tenure, Services & Parking
Freehold
Large driveway for ample parking and garage
Main Electricity, water, drainage and gas are installed.
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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