1 bedroom flat for sale

£210,000

1

Bedrooms

1

Bathrooms

Floorplan

Nestled within a charming period building, this exquisite property perfectly marries historical detailing with modern design. Boasting high ceilings adorned with moulded ceiling cornices, this home exudes elegance and character throughout. Upon entry through the communal entrance hall, which features an elegant stained glass door, you are greeted by a private inner hall leading to a stunning sitting room. The room is of impressive proportions, featuring a large curved bay window that floods the space with natural light and a feature fireplace that serves as a focal point. With ample space for dining and relaxing, this room is ideal for both entertaining and unwinding in style.

The well-appointed kitchen has been thoughtfully designed to maximise space and functionality. Featuring a built-in cooker, stylish colour scheme, and striking tile splashbacks, this kitchen manages to be both practical and aesthetically pleasing. A window enhances the room with light, providing a perfect space for culinary endeavours. The generously-sized bedroom features a built-in wardrobe and windows to the side, offering a serene retreat.

The bathroom is designed with a high flush w/c, wash basin, and a bathtub with shower over, complemented by an attractive pitched ceiling and a window that brings in natural light, ensuring a bright and refreshing start to each day.

Externally, the property benefits from access to mature communal grounds featuring large lawns to the front and rear. There is also the added convenience of an allocated parking space and the security of a secure electronic gated entrance.

Situated just a stones throw away from the bustling Oakwood area, an array of enticing amenities awaits. Whether you fancy grabbing a coffee from a local cafe, enjoying a meal at one of the diverse restaurants offering cuisines ranging from Italian to Persian, or picking up essentials at the Post Office and Home Bargains, all needs and tastes are catered to. With the expansive Roundhay Park only a short distance away, over 700 acres of natural beauty are at your doorstep. Additionally, this location is well-connected with regular bus services, providing easy access to the city centre and beyond to Wetherby, making it the perfect blend of convenience and tranquillity.



Features
  • Freehold

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

£ 165450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 5250
  • 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

£ 7950
  • 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

  %
  %
£
  %

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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