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1-5 The Grove, Ilkley, West Yorkshire
£1,650,000 Guide Price
Bedrooms
Bathrooms
Located on this highly desirable address in a semi-rural location on the outskirts of Horsforth and close to Leeds Bradford Airport, is this fantastic opportunity to modernise a substantial Grade II Listed character home set within land extending to 19.632 acres (7.945 Ha) including large formal gardens and numerous outbuildings that include a large outhouse, a number of loose boxes and a large menage, all of which now require redevelopment but have fantastic potential.
This is a rare and exciting opportunity for anybody wishing to take on a substantial redevelopment project, particularly those with equestrian interests. The property is approached off Scotland Lane with its own private driveway which affords the property and gardens a high level of privacy. The character stone-built property provides spacious accommodation arranged over two floors and has excellent potential to be a most impressive home.
The accommodation to the ground floor includes an entrance hall, a particularly large sitting room, games room, snug, house bathroom, dining room and kitchen with rear porch. To the first floor there are four double bedrooms and a large house bathroom.
Adjoining the accommodation is a very good sized garage/workshop with an upper floor that provides excellent further potential to extend this accommodation subject to any necessary consents.
To the outside of the property there are large formal gardens whilst to the rear a courtyard provides ample parking for a number of vehicles also giving access to the selection of outbuildings and access to the land. The collection of outbuildings includes a large outhouse, menage and 12 loose boxes all of which require extensive renovation or rebuilding works. Surrounding the property to the east, south and west are fields amounting to 17.654 acres (7.144 Ha).
Agents Notes:
Tenure
Freehold
Please note:
The property is a Grade II Listed building - Listed Building Entry no. 1240016
A public right of way runs along the propertys western boundary.
There is a covenant on the land allowing Leeds and Bradford Airport access for maintenance to the runway lights. A copy of the title can be provided upon request.
Tree Preservation orders are in place - TPO1952_001HRS
Local Authority & Council Tax Band
Leeds City Council
Council Tax Band G
Services
Mains electricity and water are installed. Drainage is to a septic tank. Electric heating
Parking
Off street parking and garaging.
Leave the centre of Horsforth in a north westerly direction along Brownberrie Lane and turn right onto Scotland Lane. The driveway to Moss House can be found after approximately 600 metres 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.
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