4 bedroom town house for sale

£310,000

4

Bedrooms

Floorplan

This beautifully renovated three-storey townhouse occupies a prime position within a highly sought-after waterside development on the outskirts of Leeds city centre. Offering convenient access to the motorway network, this modern home is perfect for professionals and families alike.

The property benefits from Vital Energy central heating and is thoughtfully arranged over three floors. The ground floor features a welcoming entrance hall, a guest cloakroom/WC, and a spacious kitchen/diner with access to the rear garden.

Upstairs, the accommodation comprises three generous double bedrooms, a fourth single bedroom or study-ideal for home working-two contemporary bathrooms, and a stylish living room with Juliet balcony providing a bright and airy feel.

Externally, the property boasts a private rear garden, an integral garage, and additional off-road parking.

ENTRANCE HALLWAY 16 9" x 3 6" (5.11m x 1.08m) Entrance hallway with wooden flooring, understairs storage and stairs to the first floor.

KITCHEN/DINER 16 3" x 7 10" (4.97m x 2.40m) The kitchen is situated to the rear of the property and was renovated in 2021. The space has a range of fitted modern units with integrated electric oven and induction hob. Quooker boiling water-tap and washer / dryer included.
Wooden flooring throughout, double glazed window and patio doors lead to the rear garden.

Storage cupboard housing the Vital energy system (standing charge applies)

W.C. 7 6" x 2 10" (2.30m x 0.87m) Downstairs W.C. with hand basin and toilet, double glazed window and central heating radiator.

FIRST FLOOR Landing with storage cupboard.

LIVING ROOM 16 4" x 12 1" (5m x 3.70m) The living room has wooden flooring throughout and Juliet balcony overlooking the front aspect. The patio doors and windows are complete with fitted blinds.

BEDROOM ONE 16 4" x 9 1" (5m x 2.79m) The main bedroom has wooden flooring, two double glazed windows overlooking the rear garden and access to the ensuite.

ENSUITE 9 3" x 5 4" (2.84m x 1.64m) Upgraded from the original in recent years the ensuite comprises; shower, hand basin and w.c. Fully tiled walls and floor.

SECOND FLOOR

BEDROOM TWO 16 4" x 9 1" (5m x 2.79m) Situated to the rear of the property is the spacious second bedroom. Two double glazed windows and wooden flooring.

BEDROOM THREE 11 4" x 9 4" (3.47m x 2.85m) The third bedroom has wooden flooring and double glazed window to the front aspect.

BEDROOM FOUR 7 8" x 6 8" (2.34m x 2.04m) The fourth bedroom is currently used as a home office. Wooden flooring and double glazed window.

BATHROOM 9 3" x 6 2" (2.84m x 1.88m) The main bathroom comprises; bath with shower over, hand basin and W.C., fully tiled walls and floor.

GARAGE & DRIVEWAY 18 11" x 9 2" (5.78m x 2.81m) The integral garage has up and over door, electric sockets and light.

Driveway for one car however the development has plenty of space for parking additional vehicles.

GARDEN The private rear garden has a flagged patio area and well kept lawn. Side gate entrance.

LEASEHOLD INFORMATION Lease term: 999 years from 1st January 2010
Ground rent 150 pa (review period every 25 years, increase to 300 pa due 2036)
Service charge for 2024 296.70 pa - the charge for 2025 will be available shortly.

Council tax band A
EPC Rating C
Vital energy standing charge approximately 26 pcm

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

£ 258450

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
    £ 7750
  • 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

£ 25950
  • 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

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  • 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

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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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