1 bedroom terraced for sale

£150,000 Offers in excess of

1

Bedrooms

Floorplan

mmaculate one-bedroom terraced house, listed for sale in a sought-after location on the edge of Farsley. This property is an absolute gem, boasting a wealth of unique and desirable features such as an open-plan design.

As you enter, you will be greeted by a spacious, open-plan reception room & Kitchen that exudes a warm and welcoming ambiance and creating a sociable space, perfect for entertaining guests.

The house includes a double bedroom that offers generous space and comfort, and a recently renovated bathroom, further enhancing the appeal of the property. The propertys condition is simply immaculate, reflecting the high standard of care and attention that has been given to it.

One of the key selling points of this property is its fantastic location. The house is strategically positioned next to Go Outdoors and is within easy reach of Pudsey Train Station. The Owlcoates shopping complex, which houses stores such as Asda and Marks & Spencer, is also nearby.

Furthermore, the property is surrounded by a plethora of local amenities and public transport links. For families, there are excellent schools in the vicinity. Leisure activities are abundant with nearby parks, historical features, as well as walking and cycling routes to explore.

An EPC rating of D and a council tax band A complete the package of this property. This house is an ideal purchase for first-time buyers or investors looking for a valuable addition to their portfolio. Dont miss out on this incredible opportunity.

LOCATION The increasingly sought after village of Farsley is extremely popular with professionals, first time buyers
and families alike and is easily accessed from the Ring Road (A6120). The canal, Millennium Trail and
Rodley Nature Reserve can be found close by and offers a range of beautiful places where you can walk.

Just a short car ride away is the popular Owlcotes Centre at Pudsey offering an M&S store, Asda and New Pudsey train station. Farsley village offers a selection of shops, restaurants, cafes and local pubs. The neighbouring villages of Calverley, Horsforth and Rodley are only a short distance away and offer a comprehensive range of facilities, restaurants, public houses and eateries.

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

£ 118950

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
    £ 3750
  • 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

£ 6450
  • 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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