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1-5 The Grove, Ilkley, West Yorkshire
£395,000 Guide Price
Bedrooms
Bathrooms
An immaculately appointed and extended two bedroom semi detached home featuring a spacious open plan living area, modern kitchen and bathroom, a southerly facing garden and off street parking in this popular residential location.
Enjoying a pleasant position in this popular residential location to the western side of Addingham is this smartly presented extended two bedroom semi detached home. The accommodation is arranged over two floors and in brief includes to the ground floor, an entrance vestibule, sitting room with wood burning stove and being open to the dining kitchen, which in turn opens to a large garden room which provides a very pleasant and elevated sitting space. There is also a modern fitted cloakroom/WC. To the first floor there are two double bedrooms and a modern fitted house bathroom.
To the outside there is a small front garden and driveway providing ample off street parking which runs down the side of the property to the enclosed rear garden. This is currently of a low maintenance design and enjoys a good degree of privacy and a southerly aspect.
The sought after village of Addingham lies some 3 miles or so to the west of Ilkley and only a short drive to the Yorkshire Dales National Park and Bolton Abbey Estate. The village retains a strong sense of community with a comprehensive range of everyday amenities including a primary school, everyday shops and a good choice of pubs/restaurants. There are also sports clubs and the surrounding countryside offers many an opportunity for stunning rural walks and the potential for fishing on the River Wharfe. Public transport connects with nearby Ilkley which is well known for its first class retail amenities, busy social round, a highly regarded Grammar School and a 'Metro' railway station offering frequent services throughout the day into Leeds and Bradford.
Agents Notes:
Tenure
Freehold
A watercourse runs though the lower part of the rear garden.
Local Authority & Coucil Tax Band
The City of Bradford Metropolitan Council
Council Tax Band C
Services
All mains services are installed with gas-fired boiler and wood burning stove.
Parking
Off street driveway parking.
Internet and Mobile Coverage
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 - There is a risk of flooding from reservoirs in this area.
From the centre of Ilkley follow A65 in the Skipton direction. After about two miles just after the road splits into the dual carriageway, turn right into Addingham on Main Street, pass through the village and as you reach the Craven Heifer public house on your right, follow the road on a right hand bend as it becomes Skipton road. After a few 100 metres turn left onto Moor Lane where the property will be found on 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.
1-5 The Grove, Ilkley, West Yorkshire
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