4 bedroom detached for sale

£650,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

A most impressive Victorian detached house set in a generous corner plot in a highly regarded residential area. Retaining many original features whilst offering everything required for modern day living this really is a unique opportunity to purchase a fabulous property that is steeped in local history.

An increasingly rare opportunity to acquire a fabulous period property offering spacious and highly versatile accommodation. Certain to appeal to the most discerning of buyers an internal inspection is essential to fully appreciate everything this magnificent property has to offer.

The ground floor accommodation comprises; - spacious entrance hallway with stairs rising to the first floor, two reception rooms, dining kitchen, utility room and guest WC.

The spacious dining kitchen is perfect for family occasions or gatherings, having fitted units and integrated appliances with ample room for a family dining table. The separate utility room offers additional storage space, ideal for keeping the laundry out of sight.

To the first floor there are four good sized bedrooms and the family bathroom which has a three-piece suite comprising; - bath with shower attachment, WC and wash basin.

The extensive cellars on the lower ground floor provide a generous storage space with clear potential for further development.

Externally, the property is set-in well-maintained gardens with established plants and bushes to the borders. Ample off-street parking leads to a detached double garage which has fitted light, power and an electric door.

Goring House, once the home of local author Stan Barstow, is virtually all that remains of an ambitious project by Batley Carr entrepreneur Mathew Wharton at the end of the 19th century, to develop part of Ossett Common as a Little Harrogate and develop the benefits of the Spa waters.

Goring House was built by John Tennant, who was a business associate of Mathew Wharton and a builder and property developer from Dewsbury. In 1888, he is said to have committed suicide in one of the bedrooms at Goring House, having also encountered severe financial difficulties. The lime trees, which still form avenues in Goring Park Avenue and adjoining roads, were planted in 1864 and, with Goring House, stand as a single memorial of Mathew Whartons scheme to develop this part of Ossett as a little Harrogate.

Local Authority, Council Tax Band & Covenants
Wakefield Council
Council Tax Band F

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

£ 538950

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
    £ 16250
  • 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

£ 51450
  • 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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