1 bedroom flat for sale

£104,995

1

Bedrooms

Offered For Sale this ONE DOUBLE BEDROOM FIRST FLOOR APARTMENT. Presented to a high standard throughout located in a convenient and popular location in Farsley close to the excellent range of amenities on Farsley Town Street. There are good commuting links to Leeds and Bradford via public transport and New Pudsey train station with ample parking. The property briefly comprises lounge open to the kitchen area, One bedroom and bathroom. Externally, there is a low maintenance private front garden, paved for easy maintenance. Allocated parking space.
Suit First Time Buyer, Buy to Let Investor and downsizes alike.
EPC RATING: D
''VIEWING HIGHLY RECOMMENDED''
Location
Farsley village is a very popular area, great for everyone with Town Street providing plenty of shops, bars and restaurants. For further shopping facilities there is a large Asda and Marks & Spencer at the Owlcotes Centre a short distance away, ideal for your weekly food shop or a nice outfit ! There are also three parks, bowls and tennis courts in Farsley. The Town Street also provides good local bus services to Pudsey, Leeds and Bradford and New Pudsey train station with ample parking facilities, making your commute much easier.
Entrance Hallway
Private Entrance with uPVC front entrance to lobby area leading to stairs to the first floor landing.
Lounge 4.65m (153) x 3.33m (1011)
Double glazed window to rear elevation, modern decor with ceiling spotlights, central heating radiator and laminate flooring. Open plan to kitchen.
Lounge

Kitchen 2.67m (89) x 1.68m (56)
A range of wall and base units with contrasting work surfaces incorporating an integrated electric oven with gas hob and extractor hood above, inset circular sink and drainer, tiled splashbacks, space for washing machine, space for fridge freezer, ceiling spotlights, window to rear elevation, vinyl flooring, cupboard housing central heating boiler.
Bedroom 1 3.91m (1210) x 3.38m (111)
Double glazed window to front elevation, modern decor with ceiling spotlights, shelving and storage cupboard.
Bedroom cont/...

Bathroom 1.85m (61) x 1.7m (57)
Double glazed window to side elevation, three piece suite comprising panelled bath with shower over, wash hand basin and low level WC, heated towel rail, ceiling spotlights, tiled walls.
Bathroom /cont...

Garden
The property has a private gated garden to the front elevation which is enclosed and paved for easy maintenance. There is also an allocated parking space.
Garden

Allocated Parking Space
Allocated Parking Space
Tenure - Leasehold
We are advised by the vendor the property has a 93 years on the current lease expiring 2114Annual Management charge 336.00
Opening Times:
Monday to Friday: 9am to 5:30pmSaturday: 9:30am to 4:00pm
Please Note:
Unless stated, any equipment, appliance, or services mentioned have not been tested by us, nor are they subject to any guarantee. We have not checked rights of way, easements, existing or proposed planning permissions concerning this property or the surrounding area.

Plans herein may not be to scale. These particulars are intended to be a general outline for guidance and do not constitute part of a contract. Items included in the written text are included in the sale. All others are excluded even if shown in any photographs. All descriptions, dimensions and references to condition are given in good faith and are believed correct and have been approved by the Vendor. Any statement, including a qualification, (e.g. The Vendor advises...) is an indication that Dawson Wake Properties Ltd is unable to guarantee the accuracy of the subject matter of that statement.

If any point (included or not in these particulars) is of major importance to your interest in purchasing this property, then please ask us for further information or assurance. We will do our utmost to assist. You should place no reliance on anything stated verbally by any of the staff unless we confirm the matter in writing. Please ask if you require written confirmation.

Nearest Stations:

0.78 miles
New Pudsey
1.19 miles
Bramley (West Yorkshire)
1.95 miles
Kirkstall Forge
2.72 miles
Apperley Bridge
2.92 miles
Horsforth

Map location is not available for this property.

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

£ 84071.125

Mortgage Loan to Value

%

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
    £ 2624.875
  • 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

£ 5324.875
  • 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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