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273 Otley Road, West Park, Leeds
£799,999 Guide Price
Bedrooms
Bathrooms
Tucked away in this enviable location is this detached period cottage, with private mature garden an ample parking on the driveway with gates and a garage. This home is so private, yet you are in the heart of Chapel Allerton.
A unique opportunity to purchase this three bedroom cottage nestled off Stainbeck Lane, close to the vibrant hub of Chapel Allerton with great amenities in easy walking distance, schools for all ages including the Outstanding ofsted rated Carr Manor Community School and Chapel Allertons Lawn Tennis and Squash Club. The property boasts beautiful, low maintenance gardens, ample parking and a diminished slate roof and in brief comprises of; Entered from the front door into the dining room with praying area, with access into the cellar providing ample storage, the living room has characterful exposed beams to the ceiling, double doors to the garden and leads into a spacious conservatory which enjoys lovely garden aspect and allows further access to the rear. The kitchen has a range of wall and base units and breakfast bar, also located on the ground floor the family bathroom comprising of sunken corner bath, wc and hand wash basin. To the first floor there are two good size double bedrooms both with fitted wardrobes, a further single bedroom and shower room.
Externally, there is a landscaped garden, mainly laid to lawn with patio area which is perfect for al-fresco dining. The current owners have also added mature trees and bushes with some low maintenance pathways around the home. The garden is a real sun trap and lovely and private which is ideal for families. There is also a gated driveway providing parking for 4 6 cars, also leading to a garage with EV charger, security lighting, outside sockets and tap.
The property is situated within walking distance to Chapel Allerton, yet hidden from Stainbeck Lane offering the best of both worlds when it comes to tranquil and urban living. This is an extremely rare opportunity to purchase a cottage in this location.
Chapel Allerton offers extensive amenities including individual shops, supermarkets and popular restaurants , bars, cafes and much more. Further amenities are available at Moortown, including Marks and Spencers Food store. Regular transport services are available on either Roundhay Road or Harrogate Road, providing quick and easy access to the city centre some two miles away, Harrogate, Pudsey and The White Rose shopping centre. For those commuting to business centres situated further afield the Outer Ring Road is close by providing a link to the new A1/M1 road and other major business centres.
Directions
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Local Authority & Council Tax Band
Leeds City Council
Council Tax Band D
Tenure, Services & Parking
Freehold
All mains services connected
Drive and garage
Conservation area
Internet & Mobile Coverage
The Ofcom website shows internet available from at least 1 provider. Outdoor mobile coverage (excl 5G) likely 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
Flooding
Check for flooding in England - GOV.UK indicate the long term flood risks for this property are: - Surface Water - Very low Rivers & the Sea - Very low Groundwater - Flooding from groundwater is unlikely in this area; Reservoir - Flooding from reservoirs is unlikely in this area.
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.
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