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£510,000 Guide Price
Bedrooms
Bathrooms
A recently and vastly improved four bedroom detached family home with a substantial open plan living area split into sitting, dining and kitchen portions, plus study, utility and additional shower room. There are four first floor bedrooms, house bathroom and a southerly facing garden and balcony plus ample parking in a child friendly cul-de-sac location close to All Saints Primary School.
21 Lisker Avenue was purchased by our clients in 2021 and in the intervening period has been subject to a massive programme of extension and improvement.
As the plans show there is a feature living space split into sitting, dining and kitchen areas with aluminium bifold doors leading to the southerly facing rear garden which has seating built into the retaining wall .
The high quality fitted kitchen incorporates numerous appliances, quartz worktops and underfloor heating which continues into the utility room and shower room. Two further reception areas can we found to the ground floor, one is currently used as a study.
To the upper storey are four bedrooms of varying sizes plus a house bathroom. Of particular note is the full width contemporary balcony overlooking the southerly facing rear gardens approached via the master bedroom.
The property is located at the top of a small and peaceful cul-de-sac in a most sought after residential neighbourhood close to All Saints Primary School and is approximately a 10 min walk into the Otley town centre.
Otleys active and historic market town offers excellent shopping and recreational facilities, three national supermarkets, a good range of independent shops and a central bus station.
Excellent schooling in all age groups including the acclaimed Prince Henrys Grammar School
The surrounding business centres of North and West Yorkshire including Leeds, Bradford, Harrogate and York are within comfortable daily travelling distance by road. There is the town centre bus station with bus services to Menstons railway station with main line links to Leeds and Bradford and there is the Leeds/Bradford International Airport at nearby Yeadon.
Local Authority & Council Tax Band
Leeds City Council
Council Tax Band D
Tenure, Services & Parking
Freehold
Driveway
All mains services
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
- Flooding from groundwater is unlikely in this area
- Flooding from reservoirs is unlikely in this area.
From the town centre proceed along Bondgate and follow the road round onto Gay Lane. Take the next turning on the left onto Cambridge Street and at the end of the road turn right onto St Clair Road. At the top of St Clair Road turn left and then right onto Lisker Avenue where the property will be found at the top of the cul-de-sac.
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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