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£220,000 Guide Price
Bedrooms
Bathrooms
A deceptively spacious, three-bedroom semi-detached property set in a generous corner plot in a highly popular residential area. Beautifully presented and tastefully decorated throughout it would be ideal for first time buyers or growing families and a viewing is essential to fully appreciate everything this fabulous property has to offer.
This three-bedroom semi-detached property is situated within easy reach of Morley town centre, enjoying excellent transport links and good local amenities it would make an ideal family home and an early viewing is highly recommended.
The ground floor accommodation comprises; - front entrance hall with a useful cloaks cupboard and stairs rising to the first floor, spacious kitchen and a full-length living room which enjoys plenty of natural light through a feature bay window and easily accommodates a family dining table.
The kitchen has fitted wall and base units, Belfast sink, ample worktop space and a useful storage cupboard. Integrated appliances include electric hob, double oven and plumbing is provided for an automatic washing machine.
On the first floor there are three double bedrooms, the main bedroom is front facing and benefits from having fitted wardrobes. The bathroom is fully tiled and has a two-piece suite comprising; - bath with shower attachment and WC, there is also a useful airing/linen cupboard, the WC is currently separate, but being adjacent there is clear potential to combine. The landing provides access to the loft which offers a useful additional storage space.
Externally, the front garden is low maintenance, laid to gravel it provides off-street parking and is completed by a discreet bin storage area. The rear and side gardens are mainly laid to lawn with a generous decked area which is an ideal space for relaxing or enjoying a barbecue. The property benefits from having a large, lockable storage area that is conveniently accessed from the outside.
Local Authority, Council Tax Band & Covenants
Leeds City Council
Council Tax Band A
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.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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