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1-5 The Grove, Ilkley, West Yorkshire
£435,000 Guide Price
Bedrooms
Bathrooms
Located in a convenient and central town location, only a moments walk from the many amenities and transport links on offer within the town. This very well-appointed mid-terrace house features generous and extended accommodation including two reception rooms, modern fitted kitchen, five bedrooms and an outside courtyard garden enjoying a southerly aspect.
Located in this popular and convenient position only a short walk to Ilkley town centre with its wide range of amenities, is this very well presented and extended home that provides generous accommodation planned over three floors. The accommodation in brief includes to the ground floor an entrance hallway, sitting room with wood burning stove, and dining room opening to a modern fitted kitchen. To the first floor here are three bedrooms, two of which are double, and a modern bathroom, whilst to the second floor are a further two good sized bedrooms enjoying elevated views. To the outside there is a small outside frontage, whilst to the rear is a courtyard garden enjoying a southerly aspect.
The former Victorian spa town of Ilkley enjoys a delightful location amidst the unspoilt open countryside of the Wharfe Valley, standing in the lea of the famous moors and just a short drive away from the Yorkshire Dales National Park. The town centre plays host to a first class shopping environment complemented by a cosmopolitan choice of restaurants, community facilities and busy social round. The town also has popular schools for all ages and a wide variety of sporting and recreational amenities. For the commuter there are good road links with the regions business centres, and from the town centre railway station there are frequent services throughout the day into the local cities of Leeds and Bradford. For those travelling further afield, Leeds Bradford International Airport is only approximately 10 miles distant.
Agents Notes:
Tenure
Freehold
The property is situated within the Ilkley conservation area.
Local Authority & Coucil Tax Band
The City of Bradford Metropolitan Council
Council Tax Band C
Services
All mains services installed with gas fired central heating.
Parking
On street parking. Resident permit parking in place.
Internet and Mobile Coverage
FTTC Broadband connection, however the owners advise that the current provider states FTTP is available at the property.
The Ofcom website shows internet available from at least 1 provider. Outdoor mobile coverage (excl 5G) likely from at least 1 of the UKs 4 main providers. Results are predictions not a guarantee & may differ subject to circumstances, exact location & network outages.
Flooding
Check for flooding in England - GOV.UK indicate the long term flood risks for this property are: - Surface Water - Very low; Rivers & the Sea - Very low; Groundwater - Flooding from groundwater is unlikely in this area; Reservoir - Flooding from reservoirs is unlikely in this area.
From our office in the centre of town, proceed down Brook Street and turn right immediately after the pelican crossing on to Railway Road. Continue ahead for a couple of hundred yards and turn left on to Trafalgar Road, where No 17 will be found to the left hand side.
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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