2 bedroom end of terrace for sale

£160,000

2

Bedrooms

1

Bathrooms

Floorplan

Viewing is highly advised for this TWO BEDROOM END TERRACED HOUSE which would be an ideal purchase for a variety of buyers including first time buyers & landlords,(potential rental income CIRCA 800.00pcm). The property is in need of some COSMETIC UPDATING and benefits from having SPACIOUS ROOMS and GARDENS to the FRONT & REAR. Situated in a popular residential area, this property is within walking distance of local amenities, well regarded schools and bus routes to surrounding areas.

Briefly throughout and to the ground floor the property comprises of a LIVING ROOM with ample space for living room furniture & stairs rising to the first floor, a FITTED KITCHEN with a range of fitted wall, drawer & base units, access to the rear garden via a part glazed rear door.

To the first floor there is a DOUBLE & LARGE SINGLE BEDROOM and a BATHROOM / WC with a plumbed shower above as well as a low flush WC & wash basin.

Externally the property has LOW MAINTENANCE GARDENS TO THE FRONT AND REAR. The rear garden is laid to lawn with a paved path leading to the rear entrance door. The front gardens is decked throughout and is enclosed by fencing, it also includes a shed which provides useful space for storage.

The property benefits from having GAS CENTRAL HEATING, DOUBLE GLAZING

Local amenities are within walking distance. The Outer Ring Road, Leeds City centre, the Motorway Networks and Bramley Railway Station are a short drive away making this property an ideal purchase for buyers wishing to live within commuting distance of the major commercial centres of West Yorkshire and beyond.

Internal viewing can be arranged by contacting the office on / .

Council Tax Band: B / EPC Rating: D

Ground Floor: -

Living Room: - Access via a part glazed front entrance door, double glazed bay window, central heating radiator, television point, ample space for living room furniture, stairs rising to the first floor

Kitchen: - Double glazed window, a range of fitted wall, drawer & base units, work surfaces, an inset sink and drainer, plumbing for an automatic washing machine, four burner gas hob, built-under electric oven / grill, space for a fridge / freezer, central heating radiator, a part glazed external door leading to the rear garden

First Floor: -

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

Bedroom One: - Double glazed window, central heating radiator, built in storage cupboard / wardrobe

Bedrrom Two: - Double glazed window, central heating radiator

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

To The Outside: -

Gardens: - The front garden is decked and enclosed by fencing. The front garden is laid to lawn & has a paved path leading to the front entrance door.

Epc Link: -

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

£ 126700

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
    £ 4000
  • 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

£ 6700
  • 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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