4 bedroom terraced for sale

£270,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Delightfully situated within a prestigious residential location is a well presented stone built terrace property with two reception rooms, four bedrooms and two bathrooms.

Delightfully situated within a prestigious residential location is a well presented four bedroom stone built terrace property offering attractive living accommodation planned over three floors. The property is modernised and well presented throughout and includes double glazing and gas heating while maintaining a host of character features associated with a fine characterful home including log burning stoves. The property also enjoys access from the kitchen to the rear giving access to the garden enjoying a fine aspect. Indeed an internal inspection is fully recommended to appreciate this fine home.

The accommodation comprises entrance hall, contemporary lounge, good sized dining and modern fitted kitchen all to the ground floor. Both lounge and dining room have log burning stoves. The first floor houses the large master bedroom with storage, another bedroom and the stylish house bathroom. Second floor has two bedrooms with velux windows to front and rear respectively and are joined by a jack and jill shower room. There is a lower ground floor with two rooms of a good size and further storage. To the front is a low maintenance attractive cottage style garden. At the rear the property benefits from a secure rear garden with dual level patio and mature shrubs around.

A bustling market town, Shipley stands in the heart of Airedale on the banks of the Leeds Liverpool Canal and just a short drive from the local cities of Leeds and Bradford. The town retains a broad range of retail amenities including local shops and a supermarket, and the central railway station provides frequent services throughout the day for those who need to travel with connections to Leeds and Bradford, Skipton and Ilkley. Close to Saltaire World Heritage site there is stunning countryside just a short drive away, with the nearby Aire Valley trunk road leading northwards towards the Yorkshire Dales National Park. Shipley Glen, close by, has long been a popular natural beauty spot.

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

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

Parking
On street parking.

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 Saltaire proceed along the main A650 in the direction of Bradford and after the traffic lights at the top of Kirkgate, turn right into Marlborough Road. The property will be seen on the right hand side of the road.

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

£ 225450

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
    £ 6750
  • 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

£ 22950
  • 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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