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£475,000 Guide Price
Bedrooms
Bathrooms
An exceptional detached home providing superb family accommodation of quality in a convenient yet discreet location of Heaton. Having seven bedrooms, ample off road parking, good sized garden and electric gated driveway. Close to many local amenities and transport connections.
Delightfully situated within a prestigious residential location is a well presented detached residence with good sized gardens and gated driveway. The property will almost certainly appeal to the more discerning purchaser seeking a substantial six bedroom detached home which boasts versatile and flexible family living accommodation. The property has been extensively extended and is well presented throughout and includes gas heating and UPVC double glazing.
The accommodation briefly comprises of entrance hallway, lounge, living room, dining room, modern kitchen with fitted units and two double bedrooms both with ensuites all to the ground floor. The first floor landing provides access to four bedrooms, two large double bedrooms, the modern house bathroom and a separate WC. Externally the property has a lawned garden to the front and a paved garden to the rear. There is an electric gated paved driveway with mature shrubs to the side.
Heaton is a popular and well established residential neighbourhood in the heart of the Aire Valley, The Historic World Heritage Site of Saltaire is within comfortable driving distance where a broad range of everyday shops and quaint eateries are available as well as a railway station from where there is a frequent service into the cities of Leeds and Bradford and into the popular local towns of Skipton and Ilkley.
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
Electric gated driveway.
Proceed up Moorhead Lane and on reaching the crossroads with Bingley Road turn left into Bingley Road. Continue along Bingley Road and proceed straight ahead into Toller Lane and follow the road. Turn right on to Smith Lane and then right on to Coniston Grove and the property will be on the left hand side halfway up the road.
Map location is not available for this property.
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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