Willow Tree Gardens, Burley in Wharfedale, Ilkley, West Yorkshire, LS29

1 /16
Available / For Sale

2 bedroom end of terrace for sale

£285,000 Guide Price

2

Bedrooms

1

Bathrooms

An attractive, extended, two bedroom, end terrace home, conveniently situated within this popular residential area, with a pleasant enclosed garden to the rear and an open aspect over recreation fields. No upward chain.

Willow Tree Gardens enjoys a very convenient location within a short walk of the centre of this thriving mid Wharfedale village community. The property has been extended to the ground floor and benefits from a light and airy living room which is open to the dining area with doors leading out to the rear garden. The kitchen has fitted wall, base and drawer units with working surfaces over, an oven, hob and extractor over. On the first floor there are two generous size double bedrooms and a wet room style bathroom. The property sits in a favourable position with a pleasant, enclosed garden to the rear which enjoys a lovely aspect towards the recreational fields beyond. There are two parking spaces to the front of the property.

The village centre provides a useful range of local shops, inns, restaurants, doctors surgery and general amenities. There are two primary schools within the village and a variety of sporting and recreational facilities, as well as pleasant walks to be enjoyed through the surrounding countryside. Indeed, Burley in Wharfedale is considered an ideal base in the Wharfe Valley countryside for commuters to Leeds/Bradford city centres to which regular rail services are available from the village station on Station Road. Bus services to surrounding towns are available from the village Main Street.

Agents Notes:

Tenure:
Freehold

Services:
All mains services installed with gas fired central heating

Parking:
Two off street parking spaces

Internet & 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; Rivers & the Sea - Very low; Groundwater - Flooding from groundwater is unlikely in this area; Reservoir - Flooding from reservoirs is unlikely in this area.

From our office on Station Road, proceed down to the mini roundabout and turn right onto Main Street. At the next roundabout turn left onto Long Meadows and take the first right turn onto Willow Tree Gardens where you will find number 19 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

£ 237825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

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
    £ 7125
  • 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

£ 24075
  • 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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