3 bedroom detached for sale

£375,000 OIRO

3

Bedrooms

2

Bathrooms

Floorplan

PROPERTY DESCRIPTION Martin and Co are delighted to offer for sale this incredibly deceptive detached property which also boasts a self contained ground floor annex which would be very suitable for a dependent relative or teenager. The ground floor would also lend itself to those running a business from home such as a beautician or physiotherapist.

The property occupies a slightly elevated position within a very attractive cul-de-sac setting with stunning long distance views to the front. A driveway to the front leads to the single integral garage and steps to the side of the property lead up to the side entrance door and to the low maintenance garden at the rear. Mirfield has an excellent range of amenities including several supermarkets and a variety of shops. The railway station has direct links to London and Leeds and for the commuter the M62 motorway is approximately four miles away.

The property is accessed vie the side entrance door which leads into the Dining Kitchen. The Dining Kitchen is very well equipped with a good range of units to both base and wall with complimenting work surfaces over together with a one and a half bowl sink unit with mixer tap. Integrated appliances include a four ring gas hob with a canopy style cooker hood above, built-in electric oven, microwave, dishwasher and fridge. There are stunning views to be had at the front. A archway gives access to the Lounge.

The Lounge is a most generous reception room with a focal point fireplace with a Marble surround and an inset electric fire. A door gives access to an inner Hall with doors to the following rooms.

The Master Bedroom has a window to the rear and a staircase leading downstairs to the Annex.

The second Bedroom is also located the to the rear of the property.

The Bathroom/wc is fitted with a four piece White suite comprising of a panelled bath, pedestal wash hand basin, a low level wc and a bidet. Plus some storage at the end of the bath, also having a window to the side.

Ground Floor Annex

Having its own entrance door to the front which leads into the Lounge/Kitchenette which is a most generous room and leads through to the Bedroom. There is a Shower Room/wc which is fitted with a three piece suite comprising a shower cubicle, pedestal wash hand basin and a low level wc. An Inner Hall leads to a generous integral store area and the staircase leading to the main house.

This very unique property is sure to appeal to a variety of prospective purchasers and early viewing is highly recommended, this can be arranged by calling our Huddersfield office on 01484 453935.

Map location is not available for this property.

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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 9375
  • 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

£ 30825
  • 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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