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The Tannery, 91 Kirkstall Road, Leeds
£119,998
Bedrooms
WOW !!! Come and see this fabulous new build and one very lucky buyer upon completion will receive 2000 to help with all those added expenses.
Call today to view.
Close to Hillsborough and the countryside, you can enjoy all the conveniences nearby, as well as have the option to get out for secluded walks, giving it a real village feel.
Inside you will find that the property has been finished to a high standard, with a downstairs WC, a large living area with storage cupboard through to the open kitchen & dining area. The kitchen has been wonderfully finished with built-in appliances.
Upstairs there are 2 double bedrooms and a single, which could also be used as an office space; along with a family bathroom and en-suite shower room to the main bedroom.
To the rear of the property, there is a gated lawned garden with side access. More photos to follow!
€EPC rated B
€Council Tax band TBC
. Ground Rent TBC
€3 bedrooms
€2 bathrooms
€Downstairs WC
* Buy a share from 40% -75% and you can buy more share of the property at any time and own the home outright this is known as staircasing. A company called Heylo will own the other share and act as your landlord. rent on the unsold share is initially charged at 4% and revised annually in April by |RPI +0.5% A monthly management fee of 20.88 is also currently charged.
Criteria requirements
€A good credit history
€You can afford the payments and costs of buying a new home
€Pass Heylos credit score
€Have at least 5% deposit of the share value
€If self-employed provide 2 years of accounts.
€Reservation fee of 500
Please ask for a brochure on the key facts or email Eve.
Please note that all images are for illustrative purposes only and ground rent is estimated. Please call to book a viewing.
Leasehold Information
Number of years remaining on the lease: 999 years
Current ground rent and any review period:
- 150 per year
- 1 year
Current service charge and any review period:
- 250 per year
- 1 year
Shared Ownership Information:
- Shared ownership percentage: 50%
Council tax band: B
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.
The Tannery, 91 Kirkstall Road, Leeds
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