5 bedroom detached for sale

£835,000 Guide Price

5

Bedrooms

1

Bathrooms

Floorplan

Providing a rare and wonderful opportunity to acquire a family home. This beautiful five bedroom home enjoys a spacious and versatile layout, featuring generous well-tended gardens. Positioned within this highly sought after, exclusive residential location within Adel, positioned on Adel Lane. The curent owners are only the second family to live in this home.

Dacre, Son and Hartley are delighted to place this property on the open market, offering a wealth of features and character. In our opinion this property makes a lovely family home. Five bed detached houses to the market in this popular and much sought after position on Adel Lane. This property boasts a stunning generous and established enclosed garden to the rear, to the front is a large driveway leading to the garage. Internally the property offers spacious and versatile accommodation throughout.
The accommodation briefly comprises: Vestibule with a further door leading to a welcoming entrance hallway, with a useful cloakroom/wc as well as understairs storage, with access to the large living room with French doors leading to the patio. Windows to three sides which floods the room with natural light and log burner. A snug room with bay window enjoying pleasant garden aspect. To the side of the house is an open plan kitchen diner/family room with rear windows and French doors into the garden, allowing the outside to come inside. This area also offers further flexible family space and access to a separate utility room.
To the first floor: spacious landing leading to four well-proportioned bedrooms, the master bedroom which has built in wardrobes and dual aspect offering beautiful garden views. A modern family house bathroom with a four piece suite with separate bath and walk in shower. A staircase leading to the loft room on the 2nd floor, this has ample eaves storage throughout and a great office space and guest bedroom all with Velux windows and lots of natural light. There is further potential to add an en-suite or extend further subject to building regulations.

Externally, to the front the driveway leads to the garage, which provides ample off-street parking and easily maintainable, neat planting with mature borders, there is a stunning Laburnum also taking pride and place to the front of the home. At the rear there is a large and beautifully presented enclosed garden, mainly laid to lawn with well stocked and mature plants and borders which also offers a degree of privacy and lovely seating areas on the large patio which is an idyllic space for entertaining and alfresco dining. The added advantage of this home and a key feature is the aspect and open views over Bedquilts, homes on this side of Adel Lane dont come to market too often. The owners have a gate with access to the field perfect for a growing family. This property is worthy of an early viewing to appreciate the size and flexibility of the accommodation, you will not be disappointed, a beautiful home for a family to grow and enjoy over many years.

We are pleased to place this property on the open market, offering a wealth of features and character this property makes a lovely family home in our opinion. The sought after location is excellent for access to local reputable schools and for commuting into the city centre via regular bus links and excellent commuter routes to many surrounding areas. An internal inspection comes highly recommended to appreciate excellent proportions throughout and highly sought after residential location. This is a delightful five bedroom detached property which is situated in the heart of North Leeds just off Adel Lane. The home offers contemporary accommodation having many individual and high quality features, featuring extensive accommodation ideally giving buyers flexible living.

Tenure, Services & Parking
Freehold
Large driveway for ample parking and garage store
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:



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

£
£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 691575

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
    £ 20875
  • 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

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£

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

£ 65325
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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This is the assumed rate of house price inflation.

Final Property Value

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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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