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273 Otley Road, West Park, Leeds
£845,000 Guide Price
Bedrooms
Bathrooms
A deceptively spacious, and very well presented detached family home in this sought after residential location. Offering versatile family accommodation with garage and landscaped gardens. A viewing is essential to appreciate the space on offer.
A lovely family home, which the current owners have improved and now combines a wealth of space and high specification featuring superb accommodation including versatility for family or for those wishing to work from home, situated within this highly regarded and indeed convenient residential area of Weetwood.
The property is an excellent family home comprising of: Large welcoming entrance hall, wc/ cloaks, access into the integral garage, also from the hallway an L shaped sitting room with large windows allowing plenty of light to flow through. An open plan kitchen/dining/snug room, ideal for family living, with two sets of bi folding doors leading onto the garden patio. The kitchen has been updated by the current owners with built in fitted units, ample worktop space and island with breakfast bar seating, new flooring and door, a nice bright room with dual aspect. To the first floor; four double bedrooms, three with fitted wardrobes and a very good sized single or small double room. Two further bathrooms, one shower room and one bathroom ideal for guests. There are pleasant gardens to the rear of the property with patio and seating areas ideal for families and entertaining, mainly laid to lawn with boarders, shrubs and fence boundarys. To the front there is an integral garage with electric doors and driveway with ample parking on the drive. The property is set in a quiet location and must be viewed to appreciate what this home has to offer.
Foxhill Crescent is situated in a quiet, attractive and highly sought after residential location to the north of Leeds, convenient for the extensive amenities available in nearby Headingley. There is an excellent choice of schools for all ages and grades and recreational facilities include The Hollies, The David Lloyd Centre, several golf courses and The Village Hotel and Leisure Club. The property is ideally placed for daily travelling into the centre of Leeds and, with the Leeds Outer Ring Road close by, and Leeds/Bradford airport is also just a short drive away, located in Yeadon.
Tenure, Services & Parking
Freehold
Drive & Garage
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.
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