4 bedroom detached for sale

£500,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

A spacious recently extended detached family home offering four bedrooms and ample living accommodation with integral garage and generous gardens. Positioned towards the periphery of Nab Wood with long reaching views.

A spacious detached family home in a fantastic highly regarded area of Nab Wood. This beautiful property boasts having four good size bedrooms, two with ensuite shower rooms and an open kitchen diner orangery flooded with light. The recently extended property benefits from ample storage, double garage and drive, and has a small cabin with log burner. Set within a highly desirable location and enjoying private lawned gardens to front and rear an early viewing of this tremendous property is strongly recommended.

The spacious living accommodation is arranged over the two floors giving greater views and a relaxed open living space upstairs. The ground floor briefly comprises of; entrance hallway with porch to the front, double bedroom with modern ensuite shower room, cloakroom and under stair storage, office with store room and gives access internally to the double garage with further workshop at the rear. The first floor has a good sized lounge, master bedroom with ensuite shower rooms, two further bedrooms and the house bathroom. To the rear of the first floor is the exceptional kitchen diner that has been opened and extended with a good sized orangery giving a light and open space.

Externally there is a good size drive leading to an expansive garage with electric door and a workshop area to the rear. To the front is a lawned garden with mature beds and shrubs aroud. At the rear are lawned gardens, paved patio areas, mature beds, fruit trees all with shrubs around making a good sized private garden with views across the valley. There is also a cabin bar with a log burning stove, glazed windows and door with a patio area to the front.

The property is located at the edge of one of Shipleys most favoured residential areas, Nab Wood. At the top of Nab Wood Drive the property has public transport links on the road and long reaching views. While still been close to the local shops and amenities of the world heritage site of Saltaire Village and Shipley which each boast 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 E

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

Parking
Driveway parking leading to integral garage.

Internet and 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.

From our Saltaire office proceed along the main road towards Bingley. Turn left on to Nab Lane then turn left on to Nab Wood Drive. Follow the road and at the top of the hill as it levels out the property will be on the left.

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

£ 415200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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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
    £ 12500
  • 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

£ 40200
  • 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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