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28 Market Place, Wetherby
£350,000 Guide Price
Bedrooms
Bathrooms
A great opportunity to purchase a spacious 4/5 bedroom detached home on one of the largest plots within in the Aire Road estate, offering huge renovation potential and excellent access to local amenities and motorway links.
Located on the sought-after Aire Road estate just off Deighton Road in Wetherby, this substantial 4/5 bedroom detached property offers a fantastic opportunity for buyers looking to create their ideal family home. Occupying the largest plot on the street, the property is currently a shell and uninhabitable, making it ideal for those seeking a full renovation project with endless potential.
The ground floor offers a generous footprint, featuring a large sitting room, separate dining room, and a separate kitchenall offering ample space for modernisation and reconfiguration. Theres also a single integral garage and driveway parking to the front, providing convenience and practicality for family living.
Upstairs, the first floor currently accommodates 4/5 bedrooms, offering flexibility for a growing family, home office, or guest accommodation. With the house set on such a substantial plot, theres significant potential to extend further (subject to planning permission), while the expansive rear garden provides an ideal space for outdoor entertaining and family life.
Situated in a well-established residential area of Wetherby, the property benefits from excellent local amenities including shops, schools, and parks. The location offers superb transport links with easy access to the A1(M), making commuting to Leeds, York, and Harrogate straightforward. This is a rare chance to purchase a property with scale, scope, and a premium locationperfect for those ready to take on a rewarding renovation.
Local Authority & Council Tax Band:
Leeds City Council,
Council Tax Band E
Tenure, Services & Parking:
Freehold
All mains services are installed
Garage & Driveway
Internet & Mobile Coverage:
For information on Internet and Mobile coverage access the Ofcom website from this link
Flooding:
For information on flood risks please use this link Check for flooding in England - GOV.UK
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.
28 Market Place, Wetherby
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