Arthington Lane, Pool in Wharfedale, Otley, West Yorkshire, LS21

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Available / For Sale

5 bedroom semi-detached for sale

£800,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

An outstanding semi detached family home - extended and improved over recent years yet retaining many handsome features with five bedrooms and three bath/shower rooms. The property provides living space over three storeys, with parking facilities and enclosed gardens towards the rural fringe of Pool in Wharfedale, yet handy for its range of amenities.

Brooklyn must be one of the finest Edwardian family homes placed on the market in recent years. This handsome house is reputed to date from 1901 and is predominantly built of stone with rendered elevations. Over our clients ownership a substantial programme of improvement has been undertaken throughout with the construction of a substantial family kitchen, music room/study, utility and useful shower area. The house is impeccably presented from top to bottom having living space arranged over three storeys and stretching to roughly 2,500 sq. ft./ 232 sq. m.

To the ground floor is a handsome reception hall leading past an elegant sitting room on the right and a family room/ separate dining room beyond . The extremely substantial aforementioned kitchen is found at the back of the property split into cooking and breakfast areas. There is a very useful utility room and downstairs music room/study as well as a beneficial ground floor shower room. To the first floor are two double bedrooms, one with an ensuite and the house bathroom, whilst to the upper storey are three further double bedrooms, one is currently utilised as a teenage area.

All main services are installed throughout with gas fired central heating and sealed unit double glazing. The property is approached via electric vehicular gates to a parking area suitable for up to four vehicles, whilst to the rear of the house is a pleasant, easily managed enclosed garden with multiple patio areas.

The property is discreetly positioned, a short distance to the west of Pools main street in a mature setting. The village has an excellent array of local amenities, including a village hall, sports club, primary school, public house and post office. Walks to the Chevin and River Wharfe are close by, whilst the commute is handily placed for the West Yorkshire and North Yorkshire conurbations, readily accessible to Leeds, Bradford, Harrogate and York. The property is situated in the catchment area for the Grammar school at Leeds (GSAL), Harrogate schools and the outstanding Prince Henrys Grammar school.

Leeds Bradford international airport is just short of 4 miles away and easily accessible by car or bus.

Local Authority & Council Tax Band
Leeds City Council,
Council Tax Band F
Conservation area

Tenure, Services & Parking
Freehold
All mains services, Wood burning stove and open fire
Driveway with electric gates

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.

From Otley, proceed along the A659 Pool road and on entering the village, passing the Shell petrol station on the left hand side, turn right along the villages main street, the A658. Turn left at the roundabout by the White Hart Public House and proceed for approximately 1/3 of a mile, where the property will be seen on the left hand side, identified by our For Sale board.

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

£ 662700

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
    £ 20000
  • 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

£ 62700
  • 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

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  %

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

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  %

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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