3 bedroom detached for sale

£700,000 Offers over

3

Bedrooms

3

Bathrooms

Floorplan

PLANNING PERMISSION GRANTED FOR CONVERSION WITH OPTION TO PURCHASE SURROUNDING LAND!

CURRENTLY USED AS GUEST ROOMS FOR MAIN GUEST HOUSE'' FULL PLANNING PERMISSION TO BE CONVERTED TO DETACHED BUNGALOW'' WITH VIEWS OVER OPEN FIELDS. This property is currently used as part of the guest house with eleven rooms, all with en-suites. This property has planning permission to be converted to a unique detached property with its own private courtyard and ample off street parking. There is also an option to buy additional extensive land with this property if required. VIEWING IS ESSENTIAL TO FULLY APPRECIATE THE LOCATION OF THE PROPERTY ON OFFER. (We do have some current internal photos of the existing property. If required please contact the office)

Currently being used as a guest house - see attached floorplan with the following proposed option to convert into residential dwelling:

Ground Floor Accommodation -

Entrance Hall - (7.2sq.m/775sq.ft)
Door leads in with further door giving access into Kitchen.

Kitchen - (27.9sqm/300sq.ft)
To be fitted out as required with windows to North and East Elevations. Aperture leads through to:

Dining Room - (44.1sq.m/475sq.ft)
With two windows to North Elevation and two further windows overlooking Private Courtyard. Double Doors lead through to:

Living Room - (62.4sq.m/671.sq.ft)
With two windows to the North elevation and one to the West elevation. Door Leading to:

Inner Hallway - With four windows overlooking the inner courtyard. two doors leading to the inner courtyard and further doors leading off.

Shower Room - (166.4 Sq,Ft/ 15.5 Sq.m)
To be fitted out as required, with two windows to the West elevation.

Master Bedroom Suite - (289.4 Sq.ft/26.9 Sq.m)
With a window to the West elevation and one to the South elevation. Door leading to En-Suite and double doors leading to walk-in wardrobe.

Walk-In Wardrobe - (63.6 Sq.ft/5.9 Sq.m)
To be fitted out as required.

En-Suite - (140.5 Sq.ft/13.0 Sq.m)
To be fitted out as required, with window to the South elevation.

Bedroom Two - (283.5 Sq.ft/24.5 Sq.m)
With window to the South elevation. Door leading to:

En-Suite - (145.8 Sq.ft/13.5 Sq.m)
To be fitted out as required, with window to the South elevation.

Bedroom Three - (277.4 Sq.ft/24.5 Sq.m)
Windows to the South and East elevation. Door leading to:

En-Suite - (37.4 Sq.ft/3.5Sq.m)
To be fitted out as required.

Exterior -

Courtyard/Front - Paved inner courtyard with door leading to storage room and further door leading to boiler room. This property has the option to buy considerable adjoining extra land around the outside of the property. Tarmac parking area providing off street parking.









Heating And Appliances. - The heating system and any appliances (including Burglar Alarms where fitted) mentioned in this brochure have not been tested by Park Row Properties. If you are interested in purchasing the property we advise that you have all services and appliances tested before entering a legal commitment to purchase.

Making An Offer. - In order to comply with the Estate Agents (Undesirable Practises) Order 1991, Park Row Properties are required to verify 'the status of any prospective purchaser... This includes the financial standing of that purchaser and his ability to exchange contracts'. To allow us to comply with this order and before recommending acceptance of any offers, and subsequently making the property SOLD each prospective purchaser will be required to demonstrate to Park Row Properties that they are financially able to proceed with the purchase of the property.
We provide truly Independent Mortgage Advice. Unlike many companies we are not tied, and more importantly not targeted to any Lender. We have instant on-line access to over 1000 mortgage deals provided by over 100 Lenders ensuring we are unbeatable when identifying and recommending your new mortgage or re-mortgage requirements.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Written quotations available on request. Life assurance is usually required.
To arrange a no obligation appointment please contact your local office.

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.

Opening Hours. - CALLS ANSWERED :
Mon, Tues, Wed & Thurs - 9.00am to 8.00pm
Friday - 9.00am to 5.30pm
Saturday - 9.00am to 5.00pm
Sunday - 11.00am to 3.00pm

TO CHECK OFFICE OPENING HOURS PLEASE CONTACT THE RELEVANT BRANCHES ON:

SELBY -
GOOLE -
SHERBURN IN ELMET -
PONTEFRACT -
CASTLEFORD -

Tenure, Local Authority And Tax Banding - Tenure: FREEHOLD
Local Authority: Bradford Council
Tax Banding: TO BE CONFIRMED

Please note: The Tenure, Local Authority and Tax Banding for the property have been advised by the Vendor or obtained from online sources. We strive to ensure these details are accurate and reliable, however, we advise any potential buyer to carry out their own enquiries before proceeding.

Utilities, Broadband And Mobile Coverage - Electricity: MAINS
Gas: LPG
Sewerage: MAINS
Water: MAINS

Broadband: Superfast
Mobile: 5G

Please note: The Utilities, Broadband and Mobile Coverage for the property have been advised by the Vendor or obtained from online sources. We strive to ensure these details are accurate and reliable, however, we advise any potential buyer to carry out their own enquiries before proceeding.

Viewings. - Strictly by appointment with the sole agents.
If there is any point of particular importance to you we will be pleased to provide additional information or to make any further enquiries. We will also confirm that the property remains available. This is particularly important if you are travelling some distance to view the property.

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

£ 580200

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
    £ 17500
  • 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

£ 55200
  • 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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