4 bedroom detached for sale

£675,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

A fantastic opportunity to acquire a generously proportioned four / five bedroom detached home which has been subject to much recent improvement, set in this always sought after village location.

This generously proportioned, four bedroom, modern detached property has been thoughtfully extended to now provide most versatile accommodation which is planned over three floors. This lovely home is ready to move in to having recently been redecorated throughout along with newly fitted carpets and gas central heating boiler.

The property comprises to the ground floor, a spacious entrance hall leading to a fitted home office, utility room / Guest WC and a large open plan dining kitchen with a range of integrated appliances and double French doors leading to the rear porch and out onto the garden. A further set of double doors open onto a light and airy sitting room.

On the first floor there is a large lounge, which could potentially be used as a fifth bedroom, and double doors opening onto the sun room / gym which is also a perfect space for entertaining. The fourth bedroom is also on this floor, along with a modern house bathroom which has a large walk in shower and a two meter built in Jacuzzi bath. On the second floor there are three further double bedrooms, the master having an en suite, along with a second house bathroom.

At the front of the property there is a low maintenance garden and driveway providing parking and giving access to the integral garage. To the rear is an enclosed, westerly facing garden which is laid to lawn with planted beds and a paved seating area.

The property is part of the High Royds development, a much-acclaimed scheme on a former hospital site. It is set within grounds of approximately 200 acres of park and woodland that includes mature landscapes with scenic views, ponds, cricket pitch, bridleways and paths perfect for those who enjoy outdoor pursuits.

Menston enjoys an enviable setting amidst unspoilt open countryside, just a short drive from the local towns of Ilkley, Guiseley and Otley, and yet is well positioned for the West Yorkshire business traveller with good road access into the West Yorkshire conurbation, and from Menstons own railway station - which is within walking distance - there are frequent connections throughout the day into Leeds, Bradford and Ilkley. The village retains a broad range of everyday amenities including local shops, a primary school, a choice of pubs / restaurants and a number of sports and social clubs. Further amenities are available in the local towns, with Ilkley in particular being home to a first class shopping environment and busy social round.

Agents Notes

Tenure
Freehold
Management fees for maintenance of parkland are circa 125 per annum

Local Authority & Council Tax Band
Leeds City Council
Council Tax Band F

Services
All mains services are installed with gas fired central heating.

Parking
Integral garage and driveway parking

Internet and Mobile Coverage
The Ofcom website shows internet unavailable available from at least 1 provider. Outdoor mobile coverage (excl 5G) likely unlikely 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, Low, Medium, High; Rivers & the Sea - Very low, Low, Medium, High; Groundwater - Flooding from groundwater is likely/unlikely in this area; Reservoir - Flooding from reservoirs is likely/unlikely in this area.

Travelling along the A65 from Burley-in-Wharfedale / Otley towards White Cross at Guiseley continue through the Menston traffic lights and then turn next right into Chevin Park opposite St Marys Roman Catholic School. Proceed up High Royds Drive continuing over the mini roundabout and following the road round to the left and straight ahead over the second mini roundabout. The road then bears up hill to the right, keeping the older, converted properties within the development on your left hand side. As the road then bears left, Beamsley Close will be found after a short distance on the right hand side. On entering Beamsley Close, the property will be seen straight ahead.

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

£ 559575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 16875
  • 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

£ 53325
  • 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.

£

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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