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£175,000
Bedrooms
Bathrooms
Early viewing is advised for this DECEPTIVELY SPACIOUS TWO BEDROOM SEMI DETACHED property situated in a popular residential area of Farnley. The property is being sold CHAIN FREE on completion and has been MAINTAINED & DECORATED to a good standard both internally and externally making an ideal purchase for a variety of buyers including a growing family, first time buyers and Landlords (possible rental income circa 850.00 pcm).
Briefly throughout and to the ground floor the accommodation comprises of a HALLWAY with stairs to the first floor, a good sized LIVING ROOM with a DINING AREA, and a FITTED KITCHEN with an ample range of cabinets and external access to the garden.
To the first floor there are TWO DOUBLE BEDROOMS (one of which has a range of FITTED WARDROBES), and a FAMILY SHOWER ROOM with a modern white suite and a walk-in shower area.
Externally the property has GARDENS to the front and rear. The front garden is mainly low maintenance. The rear garden is a good sized and benefits from having a patio and lawn providing an ideal entertaining space.
Local amenities and well regarded schools are within walking distance. Leeds City centre, Bramley Railway Station and the motorway networks are a short drive away.
Early internal viewing is essential for this property and can be arranged by contacting the office on /
Council Tax Band: A / EPC Rating: C
Ground Floor: -
Hallway: - Access via a front entrance door, central heating radiator, under stairs storage cupboard, stairs rising to the first floor.
Living Room & Dining Area: - Central heating, double glazed windows to front and rear, television point, ample space for dining table and chairs.
Fitted Kitchen: - A Modern fitted kitchen with wall, drawer and base units, complimentary work surfaces, tiling to the splash backs, stainless steel sink and drainer with a mixer tap, free standing cooker, extractor fan above, plumbing for an automatic washing machine, space for a fridge / freezer, large pantry / storage cupboard, composite door to side, double glazed window.
First Floor: -
Landing: - Double glazed window to side, access to the loft space, storage / airing cupboard, access to the first floor accommodation
Bedroom One: - Double glazed window, central heating, a range of fitted wardrobes, television point, storage cupboard.
Bedroom Two: - Central heating radiator, double glazed window, a good sized double bedroom.
Shower Room/ Wc: - Double glazed window, a modern white suite comprising of a glazed shower cubicle with a plumbed shower, a vanity wash basin, low flush WC, a ladder style central heating radiator / towel warmer, modern tiling
To The Outside: -
Gardens: - To the front the garden is low maintenance with gravel areas and hedge borders. The rear garden is a good size and benefits from having a lawn, planted areas, low maintenance areas and a good sized patio / seating area, a brick built storage shed, and an outside tap.
Epc Link: -
Council Tax Band & Epc Rating: - Council Tax Band: A / EPC Rating: D
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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