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£160,000 Guide Price
Bedrooms
Bathrooms
A well maintained top floor two bedroom apartment in the popular Riverside Court development in Saltaire village. The apartment is a few minutes walk to the train station giving an easy commute and access to Saltaires amenities. NO CHAIN
A top floor apartment offering generous internal living accommodation on the top floor of a prestigious mill renovation. Situated at the bottom of Victoria Road mere minutes from the center of the village the property is likely to appeal to a variety of potential purchasers. A comfortable stroll to the services, amenities and transport connections in Saltaire, an early viewing does indeed come wholeheartedly recommended.
Entered via well maintained entrance hall and lobby with access to both stairs and lift. The property opens from a generous hallway with store cupboard. The property has two bedrooms, master with ensuite, house bathroom and a impressive open plan lounge that leads to a well equipped kitchen all accessed via the entrance hall. Externally there are well maintained communal gardens and ample residents parking. Each room has views over the River Aire and on to Shipley Glen and Baildon Moor.
Designated a world heritage site in 2001, thanks to its historic importance and architectural appeal, Saltaire is a model village with its roots stretching back firmly into the regions textile heritage. The community now provides a highly desirable living environment set on the banks of the River Aire which, with the adjacent Leeds Liverpool Canal, offers fantastic leisure opportunities. Saltaire provides a range of every day shops and other amenities, whilst the local cities of Leeds and Bradford along with the towns of Skipton and Ilkley are all readily accessible thanks to frequent services throughout the day from the villages metro railway station. Beautiful Pennine countryside made famous by the Brontes is just a short drive away as is stunning Wharfedale and the Yorkshire Dales National Park. Leeds Bradford International Airport is just some 9 miles from the village.
Council Tax
The City of Bradford Metropolitan District Council - Council Tax Band C
Services
Mains electricity, water and drainage are installed. Domestic heating is from an electric system boiler.
Parking
Residents parking.
From Saltaire Road proceed down Victoria Road and continue over the canal bridge at the bottom, follow the road to the right and under the tunnel, Riverside Court will be seen on the right and the property is in the first intercom entry door.
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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