5 bedroom detached for sale

£475,000 Offers over

5

Bedrooms

2

Bathrooms

Floorplan

A spacious detached home offering four/five bedrooms and ample living accommodation with detached garage and generous gardens. Positioned towards the periphery of Nab Wood in a quiet cul de sac.

A spacious detached family home in a fantastic quiet location of Nab Wood. This beautiful property boasts having four/five good size bedrooms, two reception rooms and a kitchen/diner. Set within a highly desirable location and enjoying private lawned gardens to the rear an early viewing of this tremendous property is strongly recommended.

The spacious living accommodation on the ground floor briefly comprises of; entrance hallway, cloakroom wc, lounge, study/bedroom five, kitchen with porch to the side, dining room and modern conservatory to the rear. To the first floor there are four good sized bedrooms, master with a good size modern ensuite and ample fitted robes, and the house bathroom. A loft hatch gives access to a partially boarded and insulated attic space.

Externally there is a good size driveway with parking for multiple vehicles leading to an expansive garage at the rear. At the rear is a good sized lawned garden with mature shrubs around and a stone paved patio.

The property is located at the edge of one of Shipleys most favoured residential areas, Nab Wood. At the end of an almost hidden cul de sac privacy is a major factor for the property. While still been close to the local shops and amenities of the world heritage site of Saltaire Village which boasts excellent road and rail links to the larger towns and cities of West Yorkshire and beyond.

Council Tax
The City of Bradford Metropolitan District Council - Council Tax Band F

Services
Mains electricity, water, drainage and gas are installed. Domestic heating is from a gas fired combination boiler.

Parking
Driveway parking leading to a detached garage.

Internet and Mobile Coverage
Information obtained from the Ofcom website indicates that an internet connection is available from at least one provider. Mobile coverage (outdoors), is also available from at least one of the UKs four leading providers. For further information please refer to:

From our Saltaire branch head along the A650 in the direction of Bingley. Turn left on to the Bankfield Drive then right on to New Close Road. Continue straight along and the property will be on the left hand side at the head of the cul de sac.

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

£ 394575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 11875
  • 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

£ 38325
  • 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

Adjust these figures

  %

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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