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£765,000 Guide Price
Bedrooms
Bathrooms
A fine and spacious four bedroom detached bungalow enjoying an elevated position standing within large established gardens with delightful views across Wharfedale and located towards the end of a cul-de-sac in the sought after village of Huby, between Harrogate and Otley.
A detached, four bedroom bungalow in an elevated position and standing in large established gardens with stunning views across Wharfedale, ample parking, two driveways and a garage. Towards the end of a cul-de-sac in the sought after village of Huby between Harrogate and Otley.
This is a rare opportunity to acquire a spacious, detached bungalow having been extensively refurbished during our clients ownership, with many pleasing features. The property has living space stretching to over 1,600 sq. ft/148 sq. m. and is well planned with two substantial reception areas, a fitted kitchen and potentially four bedrooms, a bathroom and a shower room.
The accommodation is arranged on one floor plus a lower ground floor single integral garage below the office/studio/bedroom 4 and features bright and pleasing rooms of generous proportions overlooking beautifully maintained, substantial mainly lawned gardens with superb views across the picturesque Wharfe Valley. The property benefits from mains water, electricity and drainage with an electric warm air heating system, sealed unit double glazing and wood burning stove.
There is a dual approach either off The Pines to the front via Strait Lane or via Grosvenor Gardens approach also via Strait Lane to the rear. The property is also known as Glenburn, 9, Grosvenor Gardens, Huby, LS17 0ED. There is a winding drive approach leading to the lower ground floor garage providing ample parking with a store behind.
Huby is regarded as a most sought after country village with the fashionable spa town of Harrogate being only a short drive away, as is the market town of Otley and the spa town of Ilkley. All these provide extensive shopping, schooling and recreational facilities with regular bus services nearby. The cities of Leeds, Bradford and York are all within daily commuting distance as is the national motorway network including the A1/M1 link road. The village has a small train station with regular services to Leeds, Harrogate and York, and Leeds/Bradford International Airport is situated at nearby Yeadon.
Local Authority & Council Tax Band
North Yorkshire Council
Council Tax Band E
Tenure, Services & Parking
Freehold
Mains water, electricity and drainage with an electric warm air heating system and wood burning stove. Water meter.
Ample parking with two driveways and double integral 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 - Flooding from groundwater is unlikely in this area
Reservoir - Flooding from reservoirs is unlikely in this area.
Proceed out of Otley in an easterly direction and at the Shell station in Pool in Wharfedale turn left towards Harrogate. After approximately two miles enter the village of Huby turning left up Strait Lane where The Pines can be seen on the left hand side. Follow this road to its end and just before, on the right hand side, is the property with a sign saying Glenburn.
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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