Hunger Hill Road, Middleton, Ilkley, LS29

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Sold STC

Dacre Son & Hartley Agricultural

1-5 The Grove, Ilkley, West Yorkshire

5 bedroom detached for sale

£1,495,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

A rare opportunity to acquire this most attractive and substantial farmhouse extended and renovated to an exacting standard and set within approximately one acre of landscaped grounds, just a five minute drive from Ilkley town centre and enjoying a rural setting providing stunning far reaching views.

ACCOMMODATION SUMMARY
Ground floor: entrance hall; cloakroom / wc; dining kitchen; through sitting room; utility room;
playroom; snug. First floor master bedroom with dressing room and en-suite; four further double
bedrooms; house bathroom. Outside substantial gardens; parking for a number of cars.

GENERAL REMARKS
It is essential that this property is viewed to fully appreciate this unique farmhouse set within highly
desirable Middleton, offering rural living with all the amenities of Ilkley only five minutes drive away.

The extended accommodation has been skillfully renovated in recent years to a particularly high
specification and includes to the ground floor a welcoming entrance hall with steps leading to the first floor and modern cloakroom / wc. A large open-plan dining kitchen occupies the central part of the property giving access to the light and airy through living room having bi-folding doors at both ends with magnificent views to the easterly aspect. To the northern end of the property is a rear vestibule giving access to the utility room and second reception room which provides a versatile space that could be used for a number of requirements, again benefitting from bi-fold doors and some splendid far-reaching views. Accessed via a short flight of stairs from the rear vestibule is the small converted barn which has an abundance of character and provides a cosy sitting room with feature fireplace and wood burning stove. This room has its own access to the outside via a stable door.

There are five double bedrooms on the first floor, the master featuring a dressing room and en-suite
bathroom. All bedrooms enjoy stunning far-reaching views and a luxury house bathroom completes the accomodation. Outside, the property sits well, within approximately one acre of grounds including large areas laid to lawn, a duck pond and secluded gravelled courtyards. The private driveway accessed through electric gates runs centrally through the garden providing access to a large, level gravelled parking area which is more than adequate to provide parking for multiple vehicles and ample space for storage sheds.

Whilst enjoying all the benefits of a rural location, the property is situated just over a mile away from the centre of Ilkley which provides an excellent range of shops, supermarkets, restaurants, cafes and general amenities. Indeed Ilkley is considered an ideal base in the Wharfe valley countryside for commuters to Leeds / Bradford city centres to which regular commuter rail services are available from both Ilkley and Ben Rhydding stations. The town has a very wide range of sporting, recreational and cultural facilities and the Yorkshire Dales National Park is less than 6 miles from the town. There are
pleasant walks to be enjoyed immediately to hand from the property, as well as through the nearby famous Middleton bluebell woods. Westville House Preparatory School is also nearby

From the traffic lights in Ilkley town centre, proceed north down New Brook Street and over the bridge over the River Wharfe. Continue up
Middleton Avenue to the T junction with Curly Hill. Turn right and follow the road up to the top of Curly Hill to the crossroads with Carters Lane.
Continue across the crossroads onto Hunger Hill. Continue through the hamlet before taking the next turning left after the junction with a lane
coming from the right 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

£ 1252075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 37375
  • 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

£ 130825
  • 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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