4 bedroom detached for sale

£700,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

Situated on the stunning new Harlow Green development opposite RHS Harlow Carr Gardens, this FOUR BEDROOM DETACHED HOUSE with DOUBLE GARAGE occupies an enviable corner plot at the end of a small cul de sac with wrap around lawned garden and large driveway providing space for multiple vehicles.

Located on the newly developed Harlow Green, opposite RHS Harlow Carr Gardens, this ''four-bedroom detached house'' with a ''double garage'' enjoys a desirable ''corner plot'' at the end of a quiet cul-de-sac. The property features a ''wraparound lawned garden'' and a ''large driveway'' with ample space for multiple vehicles.

Finished to a high standard throughout, the accommodation comprises:

- ''Ground Floor'': Spacious reception hall with a cloaks cupboard and understairs storage, a well-proportioned living room, a separate snug/home office/playroom, and an impressive open-plan kitchen/family room with ''French doors leading to the rear terrace and garden''. There is also a separate utility room and a WC.
- ''First Floor'': Master bedroom with an ''en suite shower room'', three further bedrooms (with ''fitted wardrobes in bedroom two''), and a modern ''house bathroom'' with a white suite and shower over the bath.

''Outside'', the property is accessed via a private driveway leading to the detached ''double garage'', which has ''electric doors and power''. There is additional parking to the left of the house. The enclosed garden includes a ''large lawned area'' and an ''attractive terrace'', perfect for outdoor entertaining.

''Included appliances'': fridge freezer, washer dryer, dishwasher, double electric oven, and gas hobs.

Positioned just off Crag Lane, close to Otley Road and opposite Harlow Carr Gardens, the property is ideally situated for ''scenic walks through Pine Woods and Valley Gardens''. It is also close to a range of local amenities and well-regarded ''primary and secondary schools''.

- ''Council Tax Band'': F
- ''Energy Efficiency Rating'': B
- ''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

£ 580200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 17500
  • 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

£ 55200
  • 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

Adjust these figures

  %

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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