3 bedroom semi-detached for sale

£240,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Offered for sale with NO ONWARD CHAIN, this three-bedroom semi-detached property would benefit from some updating but offers huge potential and is ideally situated in a highly popular residential area with excellent transport links. A viewing is essential to fully appreciate everything this property has to offer.

A fabulous opportunity to renovate or further develop a modern, three-bedroom, semi-detached property located in a highly sought after area. Offered for sale with NO ONWARD CHAIN it is likely to be highly popular and an early viewing is highly recommended to avoid disappointment.

The ground floor accommodation comprises; - front entrance hall with guest WC, spacious living room with an open staircase rising to the first floor, full width dining kitchen with patio doors to the rear garden and a door to the side driveway.

The dining kitchen has ample room for a family dining table and the kitchen area has fitted wall and base units, complementary worktops and plumbing is in place for an automatic washing machine.

On the first floor there are three bedrooms, the main bedroom is front facing and benefits from having fitted wardrobes. The bathroom is fully tiled and has a white, three-piece suite comprising; - bath with shower attachment, WC and wash basin. The landing has a linen/storage cupboard and provides access to the loft which is complete with retractable ladder and provides a useful additional storage space.

Externally, to the front of the property there is a lawned garden and the side driveway provides off-street parking. The larger, rear garden is fully enclosed and laid to lawn with a patio area which is ideal for relaxing or enjoying a barbecue.

Local Authority, Council Tax Band & Covenants
Kirklees Council
Council Tax Band C
We understand that there are restrictive covenants on the property, please ask for more information.

Tenure, Services & Parking
Freehold
All mains services; central heating.
Off-street parking is available

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

£ 188700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 6000
  • 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

£ 8700
  • 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

£

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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