3 bedroom semi-detached for sale

£229,995

3

Bedrooms

1

Bathrooms

Floorplan

A modern THREE BEDROOM SEMI DETACHED property with accommodation over THREE FLOORS. This property was recently built, is located in a popular residential area and benefits from having OPEN PLAN LIVING to the ground floor, two first floor bedrooms and a master bedroom to the second floor. This property would make an ideal buy for a FIRST TIME BUYER or a young family and early internal viewing is highly recommended to avoid disappointment.

Briefly throughout and to the ground floor the accommodation comprises of a HALLWAY with stairs rising to the first floor, an OPEN PLAN LIVING AREA. The LIVING ROOM has doors opening onto the rear garden and ample space for a range of furniture, the FITTED BREAKFAST KITCHEN has a good range of fitted cabinets, a breakfast bar and a range of INTEGRAL KITCHEN APPLIANCES. A UTILITY ROOM (could be converted back to a WC / Cloakroom) has plumbing for an automatic washing machine.

To the first floor there is a DOUBLE BEDROOM, a further SINGLE BEDROOM / HOME OFFICE / STUDY, and a BATHROOM / WC with a modern white suite and a shower above the bath. The MASTER DOUBLE BEDROOM is located on the second floor. This room is a good size and has ample space for a range of bedroom furniture.

Externally there are GARDENS to the front and rear. The REAR GARDEN has a sunny aspect, a lawn and a patio /. seating area making it an ideal space for entertaining or al-fresco dining. A block paved DRIVEWAY provides ample OFF STREET PARKING for up to FOUR FAMILY CARS. There is visitor parking close to the property.

Local amenities, bus routes and well regarded schools are all close to hand. The motorway network, Leeds & York City centres and Crossgates Railway Station are a short drive away making the major commercial centres of West Yorkshire and beyond easily accessible.

Early internal viewing is highly recommended to fully appreciate the benefits that this property has to offer.

Council Tax Band: B / EPC Rating: C

Ground Floor: -

Hallway: - Access via a front entrance door, central heating radiator, stairs rising to the fist floor

Open Plan Living / Breakfast / Kitchen Area: - An open plan living area with ample space for living room furniture, and a fitted breakfast kitchen

Living Room: - Double glazed French doors opening onto the rear garden,, central heating radiator, laminated flooring, television point, ample space for a range of living room furniture, open plan to the breakfast kitchen

Fitted Breakfast Kitchen: - Double glazed window, a modern range of fitted wall, drawer & base units, work surfaces, breakfast bar, a range of integral kitchen appliances (built under electric oven / grill, four burner gas hob, extractor hood, fridge / freezer, dishwasher), laminated flooring, stainless steel sink and drainer

Cloakroom / Utility Area: - Originally built as a guest cloakroom / WC but now used as a utility area with plumbing for an automatic washing machine. The plumbing for a WC remains in situ and this room could be easily converted back to its original purpose

First Floor: -

Landing: - Access to the first floor accommodation, stairs rising to the second floor

Bedroom Two: - Double glazed window, central heating radiator, ample space for a range of bedroom furniture

Home Office / Study / Bedroom Three: - Double glazed window, central heating radiator

Bathroom / Wc: - Double glazed window, a modern white suite comprising of a panelled bath with a glazed side screen and a plumbed shower above, wash basin, low flush WC, central heating radiator, modern tiling

Second Floor: -

Landing: - Access to the second floor accommodation, storage cupboards

Bedroom One: - Double glazed Velux windows, a good sized room with ample space for a range of bedroom furniture, central heating radiator

To The Outside: -

Gardens: - The front garden is mainly open plan and has an outside tap. The rear garden is a good size, enclosed by fencing and benefits from having a sunny aspect, a lawn, planted beds, a paved patio / seating area.

Off Street Parking / Driveway: - A block paved driveway and hardstanding provides useful off street parking for four family sized cars. There is allocated visitor parking close to the property

Epc Link: -

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



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

£ 180946.125

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
    £ 5749.875
  • 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

£ 8449.875
  • 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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