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273 Otley Road, West Park, Leeds
£895,000 Guide Price
Bedrooms
Bathrooms
An exciting opportunity, an immaculately presented new build property offering high specification throughout (all brand new), the property has been built recently by the current owners and would make an ideal purchase for family buyers looking to settle down in this highly desirable residential area of Alwoodley. The property has a fantastic position/plot an ideal setting for a growing family.
Brilliant access into the City Centre of Leeds yet positioned on a popular road The View in Alwoodley positioned in a cul de sac, offering a new build home, with high specification throughout and a great plot for a growing family. Briefly the property comprises of entrance hallway, living room with front aspect, wc, utility room with side door, an open plan modern kitchen/dining/living room with bi-folding doors leading into the rear garden. A versatile and great layout for entertaining and family life, also with integral garage on the ground floor. First floor; A stunning landing area with large feature window to the front allowing lots of light, four double bedrooms and one smaller 5th bedroom, the master bedroom has a luxury modern en-suite, all bedrooms have TV points and modern sockets. There is a luxury house bathroom with separate walk in show and free-standing bath a stunning space. Externally, front, is off street parking with tarmac driveway with ample parking leading to a garage. To the rear, low maintenance rear garden with lawn and decking, there is a large outbuilding which is perfect for a home office, business, granny annex or even a gym! Wood flooring throughout, bi folding doors, sperate wc and sink a ready-made space. This is an impressive home and we highly recommend a viewing.
Alwoodley is an extremely popular and fashionable residential area, located to the north of Leeds city centre, a few minutes drive from open countryside and several golf courses. For those travelling to business centres further afield, the outer ring road, A61 Harrogate Road and A1/M1 are easily accessible. There are a wide variety of schools for all ages and grades nearby, including GSAL at Alwoodley Gates, a level walk away. Local shopping amenities are available at Moortown Corner, including Marks & Spencers food store and at the Moor Allerton centre with a large Sainsburys amongst other shops. Transport services are also available on Harrogate Road, providing access to the city centre and Harrogate.
Map location is not available for this property.
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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