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£110,000
Bedrooms
Bathrooms
A Two Bedroom Back to Back Property being sold CHAIN FREE ON COMPLETION and situated in a popular residential area of Lower Wortley amidst similar style property. Local Amenities such as Shops, Schools and Transport Links to Leeds City Centre and Surrounding Areas are within walking distance, Bramley Railway Station and the Motorway Networks are a short drive away.
Briefly throughout and to the ground floor the property comprises of a LIVING ROOM with a fireplace and stairs rising to the first floor, a FITTED KITCHEN with a range of cabinets and work surfaces, and CELLARS providing a useful storage area.
To the first floor there is a good sized DOUBLE BEDROOM with ample space for a range of bedroom furniture and a BATHROOM / WC with a white suite. To the second floor there is a further DOUBLE BEDROOM.
This property would make an ideal purchase for a variety of buyers including FIRST TIME BUYERS and LANDLORDS (possible rental income circa 750.00pcm).
Early internal viewing is highly recommended and can be arranged by contacting the office on / .
Council Tax Band: A / EPC Rating: E
Ground Floor: -
Living Room: - Access via a part glazed front entrance door, double glazed window, central heating radiator, television point, fireplace and hearth, stairs rising to the first floor
Fitted Kitchen: - Double glazed window, a range of fitted wall, drawer & base units, work surfaces, breakfast bar, an inset stainless steel sink and drainer, plumbing for an automatic washing machine, built under electric oven / grill, four burner gas hob, extractor hood, space for a fridge / freezer, access to the cellars
Cellars: - A useful storage area with power and light
First Floor: -
Landing: - Access to the first floor accommodation, stairs rising to the second floor
Bedroom One: - Double glazed window, central heating radiator, a good sized bedroom with ample space for a range of bedroom funiture
Bathroom / Wc: - Double glazed window, a three piece suite in white comprising of a panelled bath, low flush WC, wash basin, central heating radiator
Second Floor: -
Bedroom Two: - Double glazed window, central heating radiator
To The Outside: -
Garden - A small garden enclosed by a low wall, fencing and a hedge. An ideal space for drying washing / sitting out
Council Tax Band & Epc Rating: - Council Tax Band: A / EPC Rating: E
Epc Link: -
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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