5 bedroom detached for sale

£350,000 Offers over

5

Bedrooms

2

Bathrooms

Floorplan

Nestled in the desirable area of The Crescent, Hipperholme, Halifax, this charming period house presents an exceptional opportunity for families seeking a spacious and comfortable home. With four / five well-proportioned bedrooms and two inviting reception rooms, this property offers ample living space for both relaxation and entertaining.

The house boasts high ceilings that enhance the feeling of openness and light throughout the three floors of accommodation. Additionally, the inclusion of a cellar provides valuable extra storage or potential for further development, catering to the needs of modern family life.

Off-road parking is a significant advantage in this sought-after location, ensuring convenience for residents and visitors alike. Families will appreciate the proximity to local schools and amenities, making daily life more manageable and enjoyable.

This property is not just a house; it is an ideal family home, combining period charm with practical living spaces. If you are looking for a residence that offers both character and functionality in a vibrant community, this home on The Crescent is certainly one not to be missed.

Entrance Hallway - A spacious entrance hallway with wooden flooring and ornate decorative features leading in from the front of the home providing access to the living room, dining room and kitchen.

Living Room - Overlooking the front of home with a large bay window providing spectacular views down The Crescent and the landscape beyond, the living room has a feature gas fireplace, ornate coving and a celling rose, and provides a great sense of space with its high ceilings.

Dining Room - Overlooking the rear of the home, the dining room also features a gas fireplace and continues the ornate decor with period coving adding points of interest.

Kitchen - A fully fitted kitchen with an oven and hob, a built in fridge freezer, dishwasher and a central island. Cream base and wall units with a wooden floor provide a characterful feel.

Utility - Providing external access to the rear of the home with a sink and space for washing machine and drier.

W/C - A downstairs w/c with hand basin.

Cellar - A spacious cellar ideal for storage or potential further development.

Bedroom One - A spacious double bedroom overlooking the front of the home with far reaching views down The Crescent and landscape beyond. Fitted wardrobes add practical storage space and there is access to the en-suite.

En-Suite - A four-piece bathroom suite with a free standing bath tub, shower, hand basin, heated towel rail and w/c.

Bedroom Two - A well sized double bedroom overlooking the rear of the home.

Bedroom Three - A double bedroom situated to the rear of the home with views overlooking the side aspect and a staircase leading down to the utility area.

Bedroom Four - A well sized single room overlooking the front of the property.

Bathroom - With a shower, hand basin, bidet and w/c.

Attic Room - On the second floor, the attic room has a velux style window and provides potential for further development to turn this space into a fully function bedroom, play room or office space. With two sections to this attic room there are plenty of potential options.

External - The home is set in the middle of The Crescent with a view straight down the middle of the road from an elevated position. Stone steps lead upto the front door and there is space to sit out and enjoy sunny days. To the rear is a driveway providing off road parking which is accessed from a cobbled street.

Directions - For Satnav please use the postcode HX3 8NQ

Mortgages - We recommend KB Mortgage Services, on hand to discuss all of your mortgage and protection needs. Kate, the founder of KB Mortgage Services, is available both in branch and through home visits - if you would like to arrange an appointment contact us today.

Disclaimer - 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER DAVID PROPERTIES NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £1,513.63

Total Interest: £194,908.25

Overall Total: £544,908.25

Amortization For Monthly Payment: £1,513.63 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£11,096.95 £7,066.65 £342,933.35 
2026£10,867.47 £7,296.13 £335,637.21 
2027£10,630.54 £7,533.07 £328,104.15 
2028£10,385.92 £7,777.69 £320,326.46 
2029£10,133.35 £8,030.26 £312,296.20 
2030£9,872.58 £8,291.03 £304,005.17 
2031£9,603.34 £8,560.27 £295,444.90 
2032£9,325.36 £8,838.25 £286,606.65 
2033£9,038.35 £9,125.26 £277,481.39 
2034£8,742.02 £9,421.59 £268,059.80 
2035£8,436.07 £9,727.54 £258,332.25 
2036£8,120.18 £10,043.43 £248,288.82 
2037£7,794.03 £10,369.58 £237,919.25 
2038£7,457.30 £10,706.31 £227,212.94 
2039£7,109.62 £11,053.98 £216,158.95 
2040£6,750.66 £11,412.95 £204,746.01 
2041£6,380.04 £11,783.56 £192,962.44 
2042£5,997.39 £12,166.22 £180,796.22 
2043£5,602.31 £12,561.30 £168,234.92 
2044£5,194.40 £12,969.21 £155,265.72 
2045£4,773.24 £13,390.36 £141,875.35 
2046£4,338.41 £13,825.20 £128,050.15 
2047£3,889.46 £14,274.15 £113,776.01 
2048£3,425.93 £14,737.68 £99,038.32 
2049£2,947.34 £15,216.27 £83,822.06 
2050£2,453.22 £15,710.39 £68,111.67 
2051£1,943.04 £16,220.56 £51,891.10 
2052£1,416.31 £16,747.30 £35,143.80 
2053£872.46 £17,291.15 £17,852.65 
2054£310.96 £17,852.65 £0.00 

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

£ 278,950

Mortgage Loan to Value

80%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 18,963

Cumulative Rental Profit

£ 189,633

Cost of Purchase

£ 16,450
  • Stamp Duty
    £ 5,000

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8,750
  • 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

£ 23,037
  • Mortgage Interest
    £ 12,553

    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)
    £ 5,544
  • Letting Fee
    £ 240
  • Maintenance
    £ 4,200
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 393,296
  • Final Equity Profit
    £ 203,663

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 189,633

    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

£ 570,113

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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