2 bedroom apartment for sale

£149,995 OIRO

2

Bedrooms

Offered For Sale TWO BEDROOM TOP FLOOR APARTMENT in the popular location of Pudsey with its range of shops, restaurants, leisure centre and good commuting links. Close to the Owlcotes Centre and New Pudsey train station. Briefly comprising hall, intercom entry system, lounge, kitchen diner, two bedrooms, bathroom, communal gardens, garage and car port.
EPC Rating C
VIEWING IS HIGHLY RECOMMENED
Location
Pudsey is an Historic Market Town situated between Leeds and Bradford City Centres. With a range of very good schools to suit various age groups, a good selection of shops and facilities and a train station a short distance away. Commuting to regional business centres is straight forward either by private or public transport. The A6120, A647 and A657 are all on hand providing major links to the motorway networks. Approximately five miles away is the Leeds-Bradford International Airport. With a wealth of leisure facilities in the vicinity including golf courses, leisure centres and countryside walks. Calverley and Farsley Village is a short car ride away and offers a handful of local shops and pubs, slightly further away is Horsforth with a further varied selection of bars, eateries, shops and schools.
Entrance Hall
Entrance hall leading to kitchen diner, bedrooms and bathroom. Central heating radiator.
Lounge 3.68m (121) x 3.63m (1111)
A good size lounge with double glazed window to front elevation, central heating radiator, TV point, electric feature fire.
Kitchen Diner 3.38m (111) x 3.02m (911)
Range of high gloss cream wall, base and drawer units, complementary worktops, stainless steel sink and drainer, tiled splashbacks, four ring gas hob with extractor over, built-in electric oven, space for separate fridge and freezer, plumbing for automatic washing machine, central heating radiator, velux window to rear elevation, neutral decor, vinyl flooring. Space for table and chairs.
Bedroom 1 3.71m (122) x 2.95m (98)
Velux window to front elevation, central heating radiator, neutral decor with feature wall, laminate flooring.
Bedroom 2 3.43m (113) x 1.8m (511)
Velux window to rear elevation, central heating radiator.
Bathroom 2.46m (81) x 1.45m (49)
Three piece white suite comprising panelled bath with shower over, wash hand basin and low level WC, extractor fan, chrome heated towel rail, part tiled walls.
Communal Garden
There are communal garden to the apartment.
Garage & Parking
There is a single garage and car port for off road parking
Tenure - Leasehold
We are currently awaiting the details of the lease from the vendor.
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 DawsonWake 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:

1.04 miles
New Pudsey
1.31 miles
Bramley (West Yorkshire)
2.63 miles
Kirkstall Forge
3.26 miles
Headingley
3.55 miles
Bradford Interchange

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

£ 118946.125

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
    £ 3749.875
  • 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

£ 6449.875
  • 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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