4 bedroom detached bungalow for sale

£550,000

4

Bedrooms

2

Bathrooms

Floorplan

Offered FOR SALE is this spacious detached bungalow built in 2023 by the owner located in the desirable Morley area of Leeds. Accommodation comprises entrance hallway with storage, open plan lounge/kitchen, utility room, two double bedrooms and bathroom with four piece suite. To the first floor; landing, study/home office, two double bedrooms and bathroom. Gardens to front and rear. Plenty of off road parking and detached garage to side. Electric car charging point. The property benefits from Upvc double glazing, gas central heating, mains wired smoke alarms and solar panels. Close to amenities, transport links and access to the M62 motorway network. Viewing essential.

Ground Floor -

Entrance Hallway - Composite double glazed door and Upvc obscure double glazed window to front. Tiled floor, three radiators, mobile room stat and spotlights. Understairs storage, staircase access to first floor and doors to bathroom, bedrooms and lounge/kitchen;

Lounge/Kitchen - 4.95 x 10.5 (162' x 345') - Having a range of wall and base units with laminate worktop and tiled splashbacks, plinth lighting and under cupboard lighting. Single electric oven, double electric oven and grill, electric oven and grill and microwave. Induction hob with extractor hood above, dishwasher, pull out bin and fridge/freezer. Pop up socket, breakfast bar, acrylic one and a half sink and drainer and usb sockets. Spotlights, two Upvc double glazed windows to rear and Upvc double glazed bi fold doors to rear. Two radiators, part wood floor, t.v. point and Upvc double glazed window to front. Door to utility room;

Utility Room - 1.65 x 4 (54' x 131') - Base units with laminate worktop. Plumbing for washing machine, circular sink and drainer, Ideal condensing combi boiler and fusebox. Radiator and wood floor.

Bedroom Three - 3.35 x 4.35 (1011' x 143') - Double bedroom with radiator, t.v. point and Upvc double glazed window to front.

Bedroom Four - 3.7 x 3.95 (121' x 1211') - Double bedroom with radiator, t.v. point and Upvc double glazed window to front and rear. Sink with vanity unit and tiled splashback and plumbing for washing machine.

Bathroom - 1.7 x 3.3 (56' x 109') - Four piece suite comprising low flush w.c. sink with vanity unit. bath with mixer shower and walk in double shower with mains waterfall and mixer shower. Extractor fan, spotlights, tiled walls and floor. Heated towel radiator, electric shaver point and mirror wall.

First Floor -

Landing - Radiator, spotlights and Upvc double glazed window to front. Opening to study/home office and doors to bathroom and bedrooms;

Bedroom One - 5.5 max x 10.5 max (180' max x 345' max) - Double bedroom with two radiators, three double glazed velux windows, t.v. point and usb socket.

Bedroom Two - 3.6 x 4.45 (119' x 147') - Double bedroom with radiator, t.v. point, spotlights and USB socket. Upvc double glazed window to front.

Bathroom - 1.75 x 2.75 (58' x 90') - Four piece suite comprising low flush w.c. two sinks with vanity units and p shaped bath with glass shower screen and electric shower. Heated towel radiator, electric shaver point and spotlights. Tiled walls and floor, double glazed velux window and extractor fan.

Home Office/Study - 2.8 x 4.45 (92' x 147') - Radiator, t.v. point, spotlights and usb socket. Double glazed velux window.

External - To the front is a lawn garden with external lights. Lawn and external lights to side. Outside tap, external lights and off road parking to other side. To the rear is a patio and lawn garden. External lights and outside sockets.

Garage - Detached garage with electric door and having power and light. Composite obscure double glazed door and Upvc double glazed window to side.

Parking - Off road parking for five cars

Tenure - We have been advised by the vendor that the property is freehold.

Energy Rating - B

Council Tax Band - E

Viewings - Strictly by appointment. Contact Dawson Estates.

Property To Sell? - Call for a FREE, no obligation valuation.

Solicitors - Dawson Estates work closely with local firms of Solicitors. Please ask a member of staff for details.

Boundaries & Ownerships - The boundaries and ownerships have not been checked on the title deeds for any discrepancies or rights of way. All prospective purchasers should make their own enquiries before proceeding to exchange of contracts.

Mortgages - Dawson Estates offer a no obligation mortgage advisory service for the benefit of both purchasers and vendors. Our independent financial advisor is able to search the mortgage market to identify the product that is best suited to your needs. For further information contact Dawson Estates on . YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

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

£
£
£
£

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

Mortgage Required

£ 456450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13750
  • 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

Adjust these figures

£

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

£ 43950
  • 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

Adjust these figures

  %
  %
£
  %

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.

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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