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£235,000
Bedrooms
Bathrooms
''NEWLY COMPLETED'' 4th floor ''468 SQFT'' extensive glazing ''BALCONY'' high specification ''ALLOCATED GARAGED PARKING''
EPC Rating B.
Forming part of the Ironworks development, is this newly completed, 4th floor, 468 sqft, 1 bedroom apartment.
With the opportunity to purchase fully furnished by separate negotiation, the open plan living allows for dining and lounging - both of which benefit from east facing floor to ceiling glazing - meaning the property remains cool in the summer.
The high specification kitchen offers Bosch built-in appliances, Silestone worktops and soft close units.
Off the entrance hall is a large storage/cylinder/utility cupboard, a stunning bathroom and spectacular bedroom.
One spacious allocated car park space (benefits from not having a car park space to one side which provides more space to park your car) is included.
Under new NTSELAT legislation, we are obliged to provide the following information:-
Ground Rent - Peppercorn
Service Charge - 1,600pa
Council Tax - Band B
Lease Term - 999 years from and including 1 January 2020
Heating Electric, via a meter / Water - Mains connected, via a meter
Broadband - No issues to report / Mobile No issues to report
Construction type Brick and concrete frame
Building Safety EWS A1 rated
Flood Risk:- None
Planning Permissions:- None
THE DEVELOPMENT:-
The Ironworks is the very latest development to form part of Holbeck Urban Village. Comprising of 51 apartments and a handful of townhouses, it offers the very latest in housing design, with light and bright interiors and high specification finishes. Nestled next to the Round Foundry, it benefits from the trendy offices, unique restaurants, Gastro pubs and cafes that are literally on your doorstep. This sought after development, is conveniently located close to a gym, with the Northern Monk Brewery, Granary Wharf and Leeds train station being a short walk away.
LOUNGE / DINER:-
The open plan living space is a good size and allows for lounging, dining and a study desk if so desired. Oversized windows, fitted with bespoke blinds, flood the space with light and provide access to a large, covered balcony - offering city views towards Bridgewater Place. Engineered oak flooring runs throughout the space and the fixtures and fittings are brushed stainless steel.
KITCHEN:-
L-shape in design, the light grey kitchen offers extensive wall and base units, finished off with Silestone worktop and splashbacks. High-end built-in appliances include, a stainless-steel electric oven, Blanco black induction hob, with extractor over, full-size fridge-freezer and dishwasher.
BEDROOM:-
Allowing for a king-size bed, side tables, drawers and extensive wardrobes this room really is a great size. A large full-height window, again with bespoke blackout blinds, floods the space with light and offers views in an easterly direction.
BATHROOM:-
Mostly tiled in porcelain grey and encompassing a wall-hung suite, stainless steel fixtures and fittings, deluge shower, large wall mounted mirror and heated steel towel rail.
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.
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