5 bedroom detached for sale

£950,000 From

5

Bedrooms

3

Bathrooms

Floorplan

''LAST PLOT REMAINING - PLOT 2''
Plots 1 & 3 are now built and occupied.
An exclusive development of 3 contemporary detached homes located on the favoured south side of Harrogate. These luxury homes boast private gardens and high specification interiors. INTERNAL PHOTOGRAPHS ARE OF A COMPLETED PLOT, OF A DIFFERENT DESIGN, ON THE SAME DEVELOPMENT

No. 1 Wayside Avenue offers an exciting opportunity to acquire one of three exclusive newly built detached homes situated on the favoured south side of Harrogate. This attractive location is close to the famous 200 acre Harrogate Stray and only 2 miles from the town centre and all it has to offer. Falling within the catchment areas of some of Harrogates most highly regarded schools, this select development is certain to appeal to the most discerning family buyers.

These charming homes offer carefully designed layouts featuring a spacious dining kitchens and versatile living accommodation, all of which sit on generous plots. Approached by private electric gates and with a high specification security system, the development offers private and exclusive living. With accommodation over three floors, these luxury properties each have five bedrooms including an ensuite and a walk in wardrobe to the principal bedroom. The spacious living/dining area boasts doubl glazed aluminium sliding doors to the beautifully landscaped rear garden, this space also leads to the open plan kitchen area offering an exceptional specification including quartz work surfaces, contemporary soft closing units and high quality NEFF integrated appliances.

No. 1 Wayside Avenue really does offer flexible spacious accommodation, with a separate sitting room in each home and an office in plots 2 & 3. Upstairs, the homes benefit from good sized double bedrooms. Luxury is found within each bathroom and en-suite boasting sleek contemporary sanitary ware and chrome fittings.

The homes have been thoughtfully designed with eco credentials in mind, with a full house ventilation system, heating being provided by air source heat pumps and underfloor heating across the ground floor. There are also aluminium double glazed windows throughout.
Externally the properties benefit from a gravel driveway, enclosed gardens and double garages with EV charging point.

HARROGATE
Harrogate has always been considered to be the Jewel of the North and, unsurprisingly, has won the coveted title of being the happiest place to live in the UK. Harrogate is not just a famous spa town, with Bettys Tea Rooms being the quintessential Yorkshire place to be, but is so much more.
Located equidistant to the North York Moors and Yorkshire Dales, Harrogate offers an enviable retail experience with an array of eateries, bistros and bars to suit all tastes. Its International Conference Centre is the third largest, fully integrated, conference and exhibition centre in the UK and offers a plethora of events, bringing thousands of visitors to Harrogate. With its handsome historic buildings and verdant gardens, Harrogate is one of Yorkshires most elegant locations.
Harrogates railwayandbus station,in the town centre, provides convenient transport connections between Leeds and York. Leeds Bradford International Airportis 10 miles (16km) south-west of Harrogate and offers domestic, European and international flights. The main roads through the town are theA61, connecting Harrogate toLeedsandRipon, and theA59, connecting the town toYorkandSkipton. Harrogate is also connected toWetherbyand theA1(M), by theA661.

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

£ 775200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 23750
  • 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

£ 62700
  • 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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