3 bedroom semi-detached bungalow for sale

£275,000

3

Bedrooms

1

Bathrooms

Floorplan

BEST OFFERS AROUND!!! Situated in a sought after residential area of Farnley, this SEMI DETACHED BUNGALOW would make an ideal home for a variety of buyers. The property has been MODERNISED THROUGHOUT to a HIGH STANDARD and benefits from having useful OFF STREET PARKING, and a DETACHED SINGLE GARAGE.

Briefly throughout the accommodation comprises of a modern RECENTLY FITTED KITCHEN with a good range of cabinets & work surfaces, and a some INTEGRAL KITCHEN APPLIANCES (electric oven / grill, extractor hood, electric hob), a LARGE LIVING ROOM with a picture window overlooking the front garden and French doors to the rear opening onto the garden(this room has ample space for a range of sitting room furniture and space for a dining table and chairs), THREE BEDROOMS, and a BATHROOM / WC with a MODERN FOUR-PIECE WHITE SUITE.

Externally a DRIVEWAY provides useful OFF STREET PARKING for several cars and access to a SINGLE DETACHED GARAGE with power and light. The front garden is enclosed by a low wall and has a lawn; the REAR GARDEN is enclosed and has a patio / seating area and a lawn.
Farnley is an ideal spot for a commuter, situated just 13 minutes from Leeds city centre and with easy access to motorway links and regular bus routes connecting Farnley to the local area including Pudsey and Leeds City centre. Farnley is just a 7-minute drive to Bramley Railway Station, which has direct links to Leeds, Bradford, Manchester and York making the major commercial centres of West Yorkshire and beyond easily accessible.
Early internal viewing is highly recommended to fully appreciate the benefits this home has to offer. Viewings can be arranged by contacting the office on /
Council Tax Band: C / EPC Rating: D

Ground Floor: -

Fitted Dining / Breakfast Kitchen: - Double glazed windows to two aspects, external door giving access to the front of the property, a modern recently fitted (2021) range of wall, drawer & base units, work surfaces, plumbing for an automatic washing machine, space for a tumble dryer, space for an American style fridge / freezer, built under electric oven / grill, electric hob with a modern extractor hood above, an inset 1 1/4 bowl sink and drainer, column radiator

Living Room: - Double glazed window to the front elevation, double glazed French doors opening onto the rear garden, two column radiators, ample space for a range of sitting room and / or dining room furniture

Inner Hallway: - Access to the ground floor accommodation

Bedroom One: - Double glazed window, central heating radiator

Bedroom Two: - Double glazed window, central heating radiator

Bedroom Three: - Double glazed window, central heating radiator

Bathroom / Wc: - Double glazed window, a modern white suite comprising of a panelled bath, shower cubicle with an electric shower, wash basin, low flush WC, ladder style central heating radiator / towel warmer

To The Outside: -

Gardens: - The front garden is enclosed by a low wall and has two lawns. The rear garden is enclosed and private and has a patio / seating area, a lawn, an outside tap, and a garden gate giving access to the side of the property

Off Street Parking / Driveway / Single Detached Ga - A good sized driveway provides useful off street parking for several cars and access to a detached single garage with power and light.

Epc Link: -

Council Tax Band & Epc Rating: - Council Tax Band: C / EPC Rating: D



Features
  • Freehold

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

£ 229575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6875
  • 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

£ 23325
  • 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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