4 bedroom detached for sale

£550,000 Offers over

4

Bedrooms

3

Bathrooms

Floorplan

An impressive detached family home ideally situated in a quiet cul-de-sac in the heart of Churwell. Having two reception rooms, four bedrooms and two en-suites it would make an ideal family home and a viewing is essential to fully appreciate everything this fabulous property has to offer.

Offering spacious and versatile living accommodation, this detached property is beautifully presented and tastefully decorated throughout. Enjoying a generous plot within an executive development. Benefitting from high quality fixtures and fittings it is certain to appeal to a wide variety of purchasers and an early viewing is highly recommended.

The ground floor accommodation comprises; - spacious entrance hall with stairs rising to the first floor, front facing sitting room which enjoys plenty of natural light through a feature bay window, large living room with French doors to the rear garden, breakfast kitchen and a thoughtfully remodelled integral garage which now has a guest WC and utility room.

The kitchen has fitted wall and base units, granite worktops, breakfast bar and quality NEFF integrated appliances and an American style fridge freezer with built in wine cooler.

On the first floor there are four bedrooms, the spacious master bedroom benefits from having an en-suite with walk-in shower, WC and wash basin. The second bedroom also has an en-suite and would be ideal for teenagers or guests. The family bathroom has a modern, four-piece suite comprising bath, walk-n shower, WC and wash basin.

Externally, to the front of the property there is a lawned garden and a driveway which provides off-street parking leading to the integral garaging. The larger rear garden is mainly laid to lawn and is completed by a generous patio area which provides the ideal space for relaxing or enjoying a barbecue.

The property is situated within the popular residential area of Westwoodside, Churwell, in close proximity to Churwell Junior School and ancient woodland with forest walks and excellent local amenities. Morley has a bustling town centre with a variety of shops, restaurants and social amenities. The town also has its own train station with regular commuter links into Leeds and Wakefield. Additionally, a new railway station in Churwell is under construction. The M62 motorway connecting Leeds and Manchester is also readily accessible.

Local Authority, Council Tax Band
Leeds City Council
Council Tax Band E

Tenure, Services & Parking
Freehold
All mains services; central heating
Garage and off-street parking



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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

£ 456450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 13750
  • 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

£ 43950
  • 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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