Moorside Lane, Addingham, Ilkley, West Yorkshire, LS29

1 /13
Available / For Sale

Dacre Son & Hartley Agricultural

1-5 The Grove, Ilkley, West Yorkshire

4 bedroom detached for sale

£1,150,000 Guide Price

4

Bedrooms

4

Bathrooms

Floorplan

Enjoying a superb position in the idyllic location of Addingham Moorside surrounded by open countryside, Lumb Beck Farmhouse is a most attractive Grade II Listed stone-built character property providing spacious accommodation set within generous gardens with the advantage of stables and garage.

Accommodation
Ground Floor: Entrance Hall with Cloakroom/WC; Sitting Room with inglenook fireplace; Dining Room; farmhouse style Kitchen; Pantry and rear entrance Vestibule.

First Floor: Principal Bedroom with Ensuite facilities; three further Double Bedrooms, two with Ensuite; House Bathroom and Linen Cupboard.

Outside: driveways provide access to the double garage and stables; landscaped gardens featuring garden room, seating areas and vegetable garden.

General Remarks
Addingham Moorside provides an exceptional place to live for those wanting a stunning rural location yet within only a short drive to a wide range of amenities and transport links. Lumb Beck is a fabulous, Grade II listed farmhouse, marketed now for the first time in fifty years. The substantial stone-built character home, which was in fact rebuilt in the 1970s by the present owners, enjoys well cared for and spacious family accommodation set within its own private and very well-tended gardens. The accommodation planned over two floors includes to the ground floor, an entrance hall, farmhouse style kitchen with rear porch, dining room, pantry, sitting room with a most impressive inglenook fireplace, rear entrance vestibule, cloakroom WC and a rear hall that provides outside access.

A stone spiral staircase leads to the first floor where there is a generous principal bedroom with ensuite facilities, three further double bedrooms of good proportion, two of which have their own ensuite, a house bathroom and linen cupboard.

To the outside there are two driveways, the first to the front of the property provides off street parking and access to the stables which include three loose boxes, whilst to the rear there is a further driveway that gives access to the double garage, and where the pellet boiler and hopper will be found. The substantial landscaped gardens which must be viewed to be fully appreciated are predominantly found to the front of the property, enjoying a southerly aspect and include a variety of lawned, paved and planted areas, along with established vegetable plots and a stone built detached garden room that provides an ideal space for outdoor entertaining whatever the weather. A watercourse runs down the western side of the plot with a small amount of garden and further gardens extending beyond this.

Addingham Moorside is a scattered rural hamlet, which lies to the south of the village of Addingham, where it is possible to enjoy all the benefits of country living and yet remain within a short drive of Addingham village that provides a useful range of local shops, doctors surgery, primary school and characterful inns.

The former Victorian spa town of Ilkley is just a 15 minute drive away and enjoys a lovely setting in the heart of some of Yorkshires most stunning countryside a location which provides ready access to the Yorkshire Dales and the rugged moors, whilst being an ideal base for the regional business traveller. From Ilkleys town centre railway station there are frequent services throughout the day into the cities of Leeds and Bradford, and an international airport is only some 12 miles drive away. Ilkley is renowned for its first class shopping and excellent social and recreational amenities. A broad choice of first class restaurants and tearooms cater for a busy social round, whilst for the more energetic there are sports clubs for a wide range of interests including golf, rugby, tennis and squash.

Agents Notes:

Tenure
Freehold

Grade II Listed Building, Listing Entry Number: 1133479

Joint access with neighbouring property

Local Authority & Council Tax Band
The City of Bradford Metropolitan District Council Council Tax Band G

Services
Please note there is no gas to the property.
Mains electricity is installed. Domestic heating and hot water provided by biomass boiler.
Water supply from bore hole (joint with neighbouring property).
Private drainage to septic tank.


Parking
Garage and gated driveway parking

Internet and Mobile Coverage
The Ofcom website shows internet available from at least 1 provider. Outdoor mobile coverage (excl 5G) available 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 Ilkley proceed towards Addingham and approximately half a mile after entering the 50 miles per hour zone (and just beyond the junction to Sandbeds on the right hand side), turn left onto Cocking Lane. Follow Cocking Lane for around a mile and a half through open countryside before turning left onto Straight Lane and this in turn runs into Moorside Lane. Continue along Moorside Lane for approximately half a mile where Lumb Beck Farmhouse will be found on the left 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

£ 950200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 28750
  • 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

£ 87700
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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This is the assumed rate of house price inflation.

Final Property Value

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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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