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£250,000 Guide Price
Bedrooms
Bathrooms
Offered for sale with NO ONWARD CHAIN, this two-bedroom true bungalow is beautifully presented throughout and ideally positioned in a quiet cul-de-sac in the highly sought after village of Gildersome. Having low maintenance gardens and enjoying a fabulous open aspect to the rear a viewing is essential to fully appreciate everything this fabulous property has to offer.
Delightfully situated within walking distance of the centre of Gildersome village, this two-bedroom true bungalow offers highly flexible living accommodation with clear potential to further develop. Offered for sale with NO ONWARD CHAIN an early viewing is highly recommended to avoid disappointment.
The accommodation briefly comprises; - spacious living room which enjoys fabulous open views to the rear, well-appointed kitchen, two bedrooms and a modern shower room.
The kitchen has fitted wall and base units, ample worktop space and an integrated hob and oven, plumbing is in place for an automatic washing machine.
Both bedrooms are of a good size, the main bedroom benefits from having fitted wardrobes and the second bedroom is currently used as a dining room.
The shower room is fully tiled and has a modern suite comprising walk-in shower, WC and wash basin.
The inner hallway provides access to a boarded loft which offers a useful additional storage space and is complete with fitted lighting and a retractable ladder.
Externally, the bungalow has low maintenance gardens to the front and rear both having borders well stocked with established plants and bushes. The block paved driveway provides off-street parking and leads to the garage which is complete with fitted light, power and electric door.
Gildersome village has a range of local shops and amenities, including its own library, post office and community centre as well as two inns and an Indian restaurant. Located about 2 miles from the town of Morley, itself just 5 miles South of Leeds City Centre. Morley has its own train station with regular services to Leeds and Wakefield and the M62 motorway connecting Leeds and Manchester is also readily accessible.
Local Authority, Council Tax Band & Covenants
Leeds City Council
Council Tax Band B
Tenure, Services & Parking
Freehold
All mains services; central heating.
Garage and off-street parking
Internet & Mobile Coverage
Information obtained from the Ofcom website indicates that an internet connection is available from at least one provider. Outdoor mobile coverage (excluding 5G) is also available from at least one of the UKs four leading providers. Results are predictions and not a guarantee. Actual services may be different depending on particular circumstances and the precise location of the user and may be affected by network outages. For further information please refer to the Ofcom website.
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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