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£495,000 Guide Price
Bedrooms
Bathrooms
An immaculately presented four bedroom, three storey, detached family home with open plan living areas split into sitting, dining and kitchen portions situated in the exclusive Wharfedale Park Development convenient for Otley centre and Prince Henrys Grammar School.
As the photographs show our clients should be given credit for the extensive improvements carried out to this already high specification modern family home. Built roughly 10 years ago by Messers PJ Livesey and Son who for over 40 years have been at the forefront of specialist property development and restoration , this detached house has living space arranged over three storeys.
To the ground floor is an L-shaped living area split into a sitting portion with bifold doors leading to the rear garden, a dining area and high quality kitchen with numerous appliances. There is also a ground floor WC.
To the first floor are three bedrooms of varying sizes, one with an ensuite, as well as a house bathroom and further storage.
To the upper storey is the master bedroom with ample low height storage and ensuite facilities.
There are modern services installed including gas fired central heating, sealed unit double glazing and a security system.
Outside is driveway parking which is adjoining a single garage with up and over door whilst to the rear are enclosed, lawned and easily managed, child friendly gardens.
Wharfedale Park development offers a blend of new and converted dwellings of interesting and individual designs. The location is excellent, schools for all ages are located nearby, including the highly regarded Prince Henrys Grammar School. Otleys popular and historic market town offers excellent shopping facilities with many recreational sporting facilities and the central bus station.
The town is ideally placed for commuting into Yorkshires key commercial centres including Leeds, Bradford, Harrogate and York and the national motorway network (A1/M1/M62) is nearby at Wetherby making areas further afield more accessible by road. There is a railway station at nearby Menston and Leeds Bradford International Airport is again nearby in Yeadon.
Local Authority & Council Tax Band
Leeds City Council,
Council Tax Band E
Tenure, Services & Parking
Driveway and Garage
All Mains services + Water meter
Freehold
Service charge 125.73 quarterly
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 - High; Groundwater - Flooding from groundwater is unlikely in this area; Reservoir - Flooding from reservoirs is likely in this area.
Leave the centre of Otley in a northerly direction crossing the River Wharfe and continuing straight up Billams Hill. Just past the hospital take the next left turning onto Wharfedale Park and take the first left onto Middleton Court where the property will be seen after short distance on the right hand side identified by our For Sale board.
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Map location is not available for this property.
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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