3 bedroom detached for sale

£260,000

3

Bedrooms

Floorplan

This splendid detached house is on the market, awaiting first-time buyers or families to claim it as their own. Maintained in good condition, the property boasts two spacious reception rooms, ideal for entertaining or relaxing after a long day.

The house features three bedrooms. The first is a generous double room complete with an en-suite, providing a private retreat within the home. The second bedroom, also a double, benefits from built-in wardrobes, offering ample storage space. The third bedroom is a cosy single room, perfect for a childs room or a home office.

The property comes with a well-equipped kitchen where all your culinary magic can happen. There are also two bathrooms that provide convenience for a bustling household.

An Energy Performance Certificate (EPC) rating of D and a Council Tax Band D further enhance the appeal of this property.

A standout feature of this house is the provision of parking and a single garage, a rare find in this bustling neighbourhood.

Location-wise, this property is a gem. It is situated close to public transport links, making the commute to work or school a breeze. Nearby schools add to the convenience for families with school-going children. Local amenities are just a stones throw away, and for those who love the outdoors, nearby parks, walking routes, and cycling routes are readily available.

This property is a perfect blend of comfort and convenience. Dont miss out on this unique opportunity to own a piece of tranquillity in the heart of the city.

AREA Bramley is a residential suburb located about four miles west of Leeds city centre. Rich in industrial heritage and local character, Bramley blends traditional Yorkshire charm with a strong sense of community. The area is known for its distinctive red-brick terraced houses, green spaces like Bramley Fall Park, and the scenic Leeds and Liverpool Canal that runs nearby.

Once a key player in the textile industry, Bramley has retained many historical features, including the Bramley Baths a beautiful Edwardian bathhouse still in operation today. The area has a mix of long-term residents and younger families, offering a diverse and welcoming environment.

With good transport links, several schools, local shops, and recreational facilities, Bramley offers both convenience and a quieter pace of life compared to the city centre. Its a place where tradition meets everyday practicality, making it a solid choice for those looking to live in Leeds without being in the thick of the urban hustle.

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

£ 217200

Mortgage Loan to Value

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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
    £ 6500
  • 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

£ 22200
  • 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

Adjust these figures

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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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