Byron Court, Beech Grove, Harrogate, North Yorkshire, HG2

1 /2
Available / For Sale

2 bedroom apartment for sale

£825,000 Guide Price

2

Bedrooms

2

Bathrooms

Floorplan

This outstanding two / three bedroom apartment enjoys a superb position within this prestigious building providing well designed accommodation with delightful Stray aspects from principal rooms being only a short level walk from Harrogate town centre.

Byron Court retains a justifiable reputation as one of Harrogates premier apartment buildings due to its unrivalled Strayside setting and the quality of its well managed communal grounds and reception areas.

Apartment 8 enjoys an excellent position on the fourth floor of the building being approached via a reception hall with video entry system and passenger lift to a landing shared by just two apartments.

The private entrance hall with entry phone system has its own guest cloakroom and twin doors leading to an impressive 24ft 6' sitting room with feature fireplace, Stray views and access to a sheltered balcony.

A separate dining room/bedroom three again leads to the aforementioned balcony and lies opposite a well-appointed dining kitchen with integrated appliances, a generous range of fitted cabinets, rooftop views across Harrogate and a separate utility room having access to a rear staircase.

An inner hall with fitted wardrobes leads to the impressive master bedroom with an extensive provision of built in furniture, delightful views and its own en-suite shower room. A second double bedroom also has an excellent provision of wardrobes and an en-suite bathroom.

The residents of Byron Court enjoy the use of communal landscaped gardens with visitor parking, pedestrian access to the Stray and town centre and Apartment 8 owns a double tandem garage (30ft 6 x 8ft 6) with remote controlled door, electric light and power.

This is a prime Strayside setting perfect for the buyer seeking ease of access to Harrogates unrivalled range of shopping and leisure amenities.

Local Authority & Council Tax Band
North Yorkshire Council,
Council Tax Band G

Tenure, Services & Parking
Leasehold
Mains electricity, drainage and water
Leasehold for the remainder of a 999 year lease commencing 1st March 2006 2024 quarterly service charge was 1297
Double tandem garage at the rear and visitor parking in the front curtilage

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 Very low. Flooding from groundwater is unlikely in this area; Reservoir - Flooding from reservoirs is unlikely in this area

Proceed from the Crown roundabout up The Esplanade to Victoria Road turning first left and left again into Byron Court which fronts onto Beech Grove.

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

£ 683325

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
    £ 20625
  • 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

£ 64575
  • 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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