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£350,000
Bedrooms
Bathrooms
Reception
Unique opportunity to purchase this old property, packed full of character in the centre of Pateley Bridge in the Nidderdale Area of Outstanding Natural Beauty.
This property with very little work could become an ideal spot for multi-generations. Downstairs we have two public rooms, one with a Yorkshire range and working fire, a kitchen, WC, Double bedroom and shower room. There is also a dry cellar and access to the High Street.
Upstairs we have a large kitchen with wood burning stove, access to an attic room, lounge, two double bedrooms and a spacious shower room.
There is a third double ensuite bedroom with separate access, this is currently used for Airbnb.
Outside is a large courtyard garden and a spacious dry shed.
Pateley Bridge is at the centre of The Nidderdale Area of Outstanding Natural Beauty and has an active high street with many independent retailers including two award wining butchers, a bakers, chemist and two convenience stores. There is also a doctors surgery, dentist, council-run gym, and swimming pool.
Both the primary school and secondary schools are rated good by Ofsted.
Pateley Bridge is about 20 minutes by car from the market town of Ripon and about 30 minutes from Harrogate. There is an active bus service to Harrogate.
Council Tax Band: C
Tenure: Freehold
Garden details: Private Garden
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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