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£749,950 Guide Price
Bedrooms
Bathrooms
An impeccably presented very substantial six bedroom detached family home, including a large ground floor annex together with integral garage, ample parking and expansive gardens, located in this highly favourable residential neighbourhood close to Prince Henrys Grammar School and Otley centre.
41 Newall Hall Park is one of the finest and most substantial centrally located detached family homes offered to the market by this office over recent years.
The plans show the living space stretches to over 2,200 square feet/204 square metres, including a through sitting room with inset log burner, snug/office and dual aspect family kitchen split into dining and cooking areas with a range of quality appliances, plus a useful utility and downstairs WC.
To the rear is a substantial annex with its own kitchen, generous L-shaped living area with french doors overlooking the rear garden, bedroom and smartly appointed shower room, perfect for an elderly relative, teenage suite or work from home, the uses are vast depending on your Individual requirements.
To the upper storey are five bedrooms of varying sizes, one with en-suite facilities, as well as a house bathroom.
There is a resin driveway and rear patio with a connecting pathway providing access to both sides of the property. The driveway provides ample off street parking and leads to an integral double garage with remote controlled roller shutter door. The garden at the rear of the property is private and fully enclosed and the garden at the side of the property is of a substantial size making it an ideal space for childrens games.
The property benefits from a mains services as well as sealed unit double glazing throughout, wood burning stove and a security system.
Newall Hall Park is highly regarded as being one of the towns most sought after residential neighbourhoods located just north of the River Wharfe, featuring a number of detached homes of differing designs.
Otley offers an extensive range of shopping, recreational facilities and schooling, including the highly regarded Prince Henrys Grammar School close by. It is ideally placed for comfortable daily travelling into key surrounding areas including Leeds, Bradford, Harrogate and York.
Local
Authority & Council Tax Band
Leeds City Council
Council Tax Band G
Tenure, Services & Parking
Freehold
All mains services, gas central heating, double glazing and wood burning stove
Driveway and double garage
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 out of Otley in a northern direction crossing the River Wharfe. Take the second turning on the right onto Newall Hall Park and then take the first left where the property will see be seen after a short distance on the left hand side.
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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