Stoney Lane, Burley Woodhead, Ilkley, West Yorkshire, LS29

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Available / For Sale

Dacre Son & Hartley Agricultural

1-5 The Grove, Ilkley, West Yorkshire

6 bedroom detached for sale

£2,750,000 Guide Price

6

Bedrooms

5

Bathrooms

Floorplan

A FANTASTIC SMALL ESTATE EXTENDING TO APPROXIMATELY 22 ACRES (8.91 HA) FEATURING A SUBSTANTIAL 6 BEDROOM PRINCIPAL HOUSE, ENTERTAINMENT SUITE/GAMES ROOM AND A SELF CONTAINED 2 BEDROOM APARTMENT, SET WITHIN SUPERB LANDSCAPED GARDENS, ENJOYING OUTSTANDING PANORAMIC VIEWS AND OCCUPYING A PRIVATE AND DISCREET POSITION IN THIS POPULAR HAMLET, CLOSE TO ILKLEY.

PRINCIPAL HOUSE
Reception hall Cloakroom Drawing room Everyday living room split into sitting and dining areas Garden room Study/snug Side hall Living kitchen Cloakroom Utility room Extensive range of storage cellars Landing Principal bedroom with a dressing room and an en suite bathroom Three further bedrooms House bathroom and a shower room Two additional bedrooms and a bathroom on the second floor

DETACHED ENTERTAINMENT SUITE/GAMES ROOM
Entrance hall Snooker room Sitting room Bar area Toilets

SELF-CONTAINED APARTMENT
Sitting room Kitchen Two bedrooms Bathroom

OUTSIDE
Garaging for four vehicles Squash court Swimming pool Fantastic landscaped gardens extending to about 2 acres (0.81 ha) Stables and tack room 20 acres (8.10 ha) of grassland

Burley Woodhead is a small and popular hamlet which occupies a convenient position at the foot of Burley Moor, between the villages of Burley in Wharfedale and Menston with the popular spa town of Ilkley being just over 3 miles to the north-west. A selection of everyday facilities is available in the aforementioned villages with a more extensive range of shops, restaurants and leisure facilities in Ilkley. In addition, there is a wide selection of well regarded schools nearby. For the commuter, the property is well positioned for easy access to the principal North and West Yorkshire business centres and the mainline railway station in Leeds (connections are available from nearby stations in Burley in Wharfedale and Menston) provide Intercity services to Londons Kings Cross. Leeds/Bradford International Airport is within a 20 minute drive.

Redwalls is a superb Edwardian detached house, built in 1911 and which has been in the same family ownership for the last 50 years. The sale represents an incredibly rare opportunity to purchase a fantastic family house together with a selection of ancillary properties, all occupying a stunning private position in the heart of Wharfedale. Rarely do small estates of this nature in such a wonderful setting come onto the open market.

Forming the principal part of the estate is the main house which provides superb accommodation of generous proportions, ideal for everyday family living. The accommodation is arranged over three floors and includes an entrance hall, reception hall, cloakroom, drawing room, a superb everyday living room split into sitting and dining areas, garden room, study/snug, side hall, an excellent living kitchen, cloakroom, utility room and a useful and accessible range of storage cellars. On the first floor is a landing, principal bedroom with a dressing room and an en suite bathroom, three further bedrooms, a house bathroom and a separate shower room. There are an additional two bedrooms and a bathroom on the second floor.

Situated within a short walk of the house is a detached entertainment suite with a snooker room, adjoining sitting room, bar area and toilets. This could easily be adapted to provide a spacious home office facility or alternatively a separate annexe. Also within the grounds is a detached garage block with a double garage on the ground floor and a self-contained two bedroom flat above, providing excellent ancillary accommodation for visiting relatives, guests or which could alternatively be used for separate letting purposes. There is also an additional double garage.

The setting which the property occupies is hard to improve upon it has superb landscaped gardens which lie predominantly to the front and side and which include an outdoor swimming pool as well as a squash court hidden within the trees. To complement the setting there are approximately 20 acres (8.10 ha) of grassland together with four stables and a tack room.

Agents Notes:
Tenure
We are advised that the property is freehold and vacant possession will be given on legal completion.

Public footpaths are present on the propertys land.

Local Authority & Council Tax Band North Yorkshire Council, Council Tax Band H

Services
We are advised that mains electricity and water are installed. Drainage is to a private system. Central heating is provided by means of an oil fired boiler.

Parking
Garaging for four vehicles.

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 - Flooding from reservoirs is unlikely in this area.

From the centre of Burley in Wharfedale village, proceed in a south westerly direction up Station Road, which runs into Moor Lane, for just under a mile. At the junction, by the triangular grassed area, turn left into Moor Road. Proceed up the hill. past the Hermit Public House and shortly afterwards, turn left into Stoney Lane. Proceed down this lane and the entrance to Redwalls is clearly visible at the bottom. There is an additional access to the property off Hag Farm Road. Proceed under the railway bridge and turn immediately left into Hag Farm Road. Continue along this lane for just under a mile and the entrance to Redwalls will be clearly visible on the right.

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

£ 2375200

Mortgage Loan to Value

%

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
    £ 68750
  • 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

£ 312700
  • 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.

£

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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