3 bedroom semi-detached for sale

£250,000 Offers over

3

Bedrooms

2

Bathrooms

Floorplan

Ideally positioned at the head of a quiet cul-de-sac on the highly popular New Village development, this deceptively spacious semi-detached property has accommodation arranged over three floors. Having three double bedrooms and a split-level rear garden it would make an ideal family home and an early viewing is highly recommended.

A fabulous opportunity for a first-time buyer or growing family to purchase a modern, semi-detached property located in a highly popular and sought after residential area. Offering spacious living accommodation the property is beautifully presented and tastefully decorated throughout and a viewing is essential to fully appreciate everything this lovely home has to offer.

The ground floor accommodation comprises; - entrance hall with guest WC and stairs rising to the first floor, front facing kitchen and a spacious living room which enjoys plenty of natural light through the feature bay window with French doors that open to the rear garden.

The kitchen has fitted wall and base units, ample worktop space, integrated gas hob, electric oven and plumbing is in place for an automatic washing machine.

On the first floor there are two double bedrooms and the part-tiled family bathroom which has a modern, three-piece suite comprising; - bath with shower over, pedestal wash basin and a low-level flush WC.

The fabulous master bedroom occupies the whole of the second floor and benefits from having an en-suite shower, WC and wash basin. The boarded loft is complete with a retractable ladder and offers a useful storage space.

Externally, to the front of the property there is a lawned garden, the garage has fitted light and power and there is off-street parking to the front of the garage. The fully enclosed rear garden is arranged over two levels, the lower level is all patio and the upper level has a lawned garden and a second patio area, both of which provide the ideal space for relaxing or enjoying a barbecue.

Local Authority, Council Tax Band & Covenants
Leeds City Council
Council Tax Band C

Tenure, Services & Parking
Freehold
All mains services; central heating
Garage and off-street parking

Internet & Mobile Coverage
Current mobile provider: EE
Fibre Broadband
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.



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

£ 208950

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
    £ 6250
  • 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

£ 21450
  • 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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