4 bedroom detached for sale

£749,995 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

An impressive, detached family home on an exclusive development with a private gated driveway and double garage. Having three reception rooms, four bedrooms, three en-suites and an indoor swimming pool it is beautifully presented throughout and would make a fabulous family home - an internal inspection is highly recommended.

A fabulous opportunity to purchase a most impressive family home delightfully situated in one of the most respected and sought-after areas of Morley. Offering spacious accommodation arranged over three floors including a fabulous leisure suite to the lower ground floor a viewing is essential to fully appreciate everything this magnificent property has to offer.

The ground floor accommodation comprises; - spacious entrance hall, three reception rooms including an office which could equally be used as a fifth bedroom, guest WC and a large breakfast kitchen that was installed towards the end of 2024.

The well-appointed kitchen has a good number of fitted units, quartz worktops and a centre island. Integrated appliances include; - dishwasher, microwave and a rangemaster cooker. Included with the sale are the washing machine, tumble dryer and fridge freezer.

The lower ground floor offers a high degree of flexibility, currently used as a games room with separate swimming pool. Completing this fabulous space is a shower room with WC and wash basin

To the first floor there are four double bedrooms, three of which have en-suite facilities including the spacious master bedroom which benefits from having a walk-in wardrobe. The family bathroom is a Jack and Jill to the third bedroom and has a four-piece suite comprising; - spa bath, shower, WC and wash basin.

Externally, the property sits in a generous plot behind electric gates, the Indian stone patio perfectly complements the landscaped gardens and provides the perfect space for entertaining, relaxing and al-fresco dining. To the side of the property there is a double garage which has fitted light, power, EV charging point and electric up and over door.

Rooms Lane is situated just a short distance of Morley town centre and just some five miles or so from the commercial centre of Leeds. Morley has a variety of shops and social amenities and also has its own train station with regular commuter links into Leeds and Wakefield. The M62 motorway connecting Leeds and Manchester is readily accessible.

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

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.



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

£ 621445.875

Mortgage Loan to Value

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Gross Yield

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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
    £ 18749.875
  • 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

£ 58949.625
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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