3 bedroom detached for sale

£280,000 Offers over

3

Bedrooms

1

Bathrooms

Floorplan

Offered for sale with NO ONWARD CHAIN, this three-bedroom detached property is ideally situated in a highly sought after residential area. Enjoying fabulous far-reaching views to the rear it would make an ideal family home and an early viewing is highly recommended to fully appreciate everything this property has to offer.

This internally spacious detached property is beautifully presented throughout, offered for sale with NO ONWARD CHAIN it is sure to appeal to a wide variety of buyers. Delightfully situated in a highly sought after area an internal inspection is essential.

The ground floor accommodation comprises; - front entrance porch opening to a spacious living room which enjoys plenty of natural light, full width dining kitchen with a mini pantry and a separate utility room.

The modern kitchen was installed in 2022 and has fitted wall and base units, ample worktop space and integrated appliances include; - induction hob and double oven. The utility room has plumbing for both and automatic washing machine and dishwasher.

On the first floor there are three bedrooms, the two doubles benefit from having built in wardrobes/storage and the third bedroom would make an ideal office for anyone wanting to work from home. The bathroom is part-tiled and has a three-piece suite comprising; - bath with shower over and shower attachment, shower screen, WC and wash basin. The landing provides access to the loft which offers a useful additional storage space.

Externally, to the front of the property there is a block paved double driveway which provides off-street parking for two vehicles and leads to the single garage which is complete with fitted light and power. Completing the front garden are borders which are well stocked with established plants and bushes. The fully enclosed rear garden enjoys fabulous far-reaching views and is laid to lawn with a patio area providing 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
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

£ 233700

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

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7000
  • 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

£ 23700
  • 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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