4 bedroom semi-detached for sale

£500,000 Guide Price

4

Bedrooms

4

Bathrooms

Floorplan

A listed and historic house that has been restored to retain its period features having two Inglenook fireplaces, three reception rooms and four bedrooms. With good sized gardens and parking there is a unique outdoor feature based on a Labyrinth design, planted with wild flowers and a meadow.

A rare opportunity to purchase this delightful 17th century Grade II Star listed Yeoman farmhouse offering deceptively spacious accommodation planned over two floors. Royds Hall Farm which is of architectural and historical interest offers many character features such as chamfered mullion windows, beamed ceilings and two superb inglenook fireplaces.

The accommodation briefly comprises Entrance Hall, Lounge, Living Room, Snug, Dining Kitchen, utility and shower room. There are four bedrooms, two with en-suite and two sharing a Jack and Jill bathroom. An early 17th Century Fresco can be seen in the Lounge above the mullion windows and to the side of the Inglenook fireplace. The front garden has a Labyrinth design feature and to the rear, a vegetable garden with lawn, including the greenhouse, shed, carport and driveway.

The property is situated within an area locally known as Six Days Only and is popular with walkers between Northcliffe Woods and Heaton Woods, yet it is within easy driving distance to Bingley, Saltaire and Bradford City Centre, all of which have excellent shops and amenities. A fifteen minute walk down Heaton Royds Lane takes you to the Bradford Road where bus routes to Bradford, Baildon and Keighley are available.

This property has been traditionally restored by its owners using lime plaster which provides insulation and breathability to the stone structure. The air source heat pump was installed three years ago, heating underfloor downstairs and radiators upstairs. The property has its own septic tank.

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

Services
Mains electricity, water and drainage are installed. Domestic heating is from an air source heat pump.

Parking
Gated driveway parking.

From Saltaire head up Moorhead Lane following on to High Bank Lane. Turn left at the lights and left again on to Long Lane. Follow as it turns to Shay Lane and the property will be on the left hand side.

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

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • 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

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  %

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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