3 bedroom semi-detached for sale

£265,000

3

Bedrooms

2

Bathrooms

Floorplan

A spacious THREE DOUBLE BEDROOM SEMI DETACHED situated amidst similar style property in a popular residential area of New Farnley. With TWO RECEPTION ROOMS and the benefits of A MODERN FITTED KITCHEN & BATHROOM, DOUBLE GLAZING, GAS CENTRAL HEATING, and OFF STREET PARKING / a SINGLE GARAGE this property would make an ideal purchase for a growing family.

Briefly throughout and to the ground floor the accommodation comprises of a HALLWAY with stairs rising to the first floor, a CLOAKROOM / WC with a white suite, a good sized MODERN FITTED KITCHEN with an ample range of cabinets, an INTEGRAL FRIDGE / FREEZER (the white goods may be included subject to offer) and access to the garden, a LIVING ROOM with a window overlooking the garden, and a DINING ROOM with ample space for a dining table and chairs.

To the first floor there are THREE DOUBLE BEDROOMS all of which have a range of FITTED WARDROBES / STORAGE, and a BATHROOM / WC with a modern white suite and a plumbed shower over the bath.

Externally there are GARDENS TO THE FRONT & REAR. The rear garden is a good size and has a large lawn and some planting. A DRIVEWAY provides useful OFF STREET PARKING for several family cars and access to a SINGLE DETACHED GARAGE.

Local amenities, shops, bus routes to surrounding areas and well regarded schools are within walking distance. Leeds City Centre, the Outer Ring Road & Motorway Network, and Bramley 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 and can be arranged by contacting the office on / .

Council Tax Band: C / EPC Rating: D

Ground Floor: -

Hallway: - Access via a part glazed front entrance door, double glazed window, stairs rising to the first floor

Cloakroom / Wc: - Double glazed window, low flush WC, wash basin, central heating radiator

Living Room: - Double glazed window, a glazed external door giving access to the rear garden, a fireplace and hearth with a gas fire, display niches, ceiling coving, central heating radiator, semi open plan to the dining room

Dining Room: - Double glazed window, central heating radiator, serving hatch to the kitchen

Fitted Breakfast Kitchen: - Double glazed window, a part glazed external door, a modern range of fitted wall, drawer & base units, work surfaces, breakfast bar, an inset stainless steel sink & drainer, gas cooker point, plumbing for an automatic washing machine, space for a tumble dryer (the gas cooker & white goods may be included subject to offer), integral fridge / freezer, under-stairs storage cupboard

First Floor: -

Landing: - Double glazed window, access to the first floor accommodation, access to the loft space

Bedroom One: - Double glazed window, central heating radiator, a range of fitted / built-in wardrobes

Bedroom Two: - Double glazed window, central heating radiator, a range of fitted / built-in wardrobes

Bedroom Three: - Double glazed window, central heating radiator, a range of fitted / built-in wardrobes

Bathroom / Wc: - Double glazed window, a modern white suite comprising of a panelled bath with a plumbed shower above, wash basin set into a vanity unit, low flush WC, central heating radiator

To The Outside: -

Gardens: - The front garden is semi open plan and has a low wall, a lawn, and planted shrubs. The rear garden is a good size, enclosed by fencing and has a lawn, paved seating areas, and planted beds

Off Street Parking / Driveway / Single Detached Ga - A driveway provides useful off street parking for several cars and gives access to a single detached garage which in turn provides further off street parking and storage

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

Epc Link: -



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

£ 221325

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
    £ 6625
  • 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

£ 22575
  • 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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