4 bedroom bungalow for sale

£400,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Delightfully situated within a prestigious residential location is a well presented and extended four bedroom detached bungalow offering ample living accommodation standing in exceptional well maintained gardens with driveway and garage.

Delightfully situated within a prestigious residential location is a four bedroom detached bungalow offering ample living accommodation on larger than average plot. The property is in our opinion well presented and maintained throughout and includes good sized living rooms and bedrooms. The property also enjoys a superb plot with attractive gardens enjoying a private location with stream and woodland running through. The property would be ideally suited to a wide variety of potential buyers and offers versatile and flexible accommodation and an internal inspection is highly recommended.

Comprising entrance hall giving access to three double bedrooms and good sized house bathroom that would have made up the original size of the property. A doorway leads to the extended lounge, dining room with patio doors to the gardens and a breakfast kitchen with range of fitted base and wall units. The first floor has a good sized double bedroom with fitted robes and an ensuite shower room that has access to loft storage. Externally the property stands in a well presented plot that has a gated driveway for mutliple vehicles that leads to the utility garage. The property then excels in the rear garden with a paved and decked patio from the property to a small stream having a wooden bridge over. The other side of the stream has a large lawned garden with mature shrubs around that leads to an area of protected woodland.

Nab Wood 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 strolling distance where a broad range of everyday shops and 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. The Yorkshire Dales are within comfortable driving distance, along with access to all local motorway links and Leeds Bradford Airport.

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

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

Parking
Driveway parking.

From the office in Saltaire proceed along Bingley Road, in the direction of Bingley. After a short distance turn right onto Branksome Drive, follow the road down and the property can be found on the right hand side.

Map location is not available for this property.

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

£ 332700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 10000
  • 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

£ 32700
  • 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

Adjust these figures

  %
  %
£
  %

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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