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586 Leeds Road, Outwood Wakefield, WF1 2LT
£175,000 OIRO
Bedrooms
Bathrooms
Reception
This property is situated in Outwood and has all the benefits you would need on your doorstep. Great Schools, Great Transport Links and great Local Amenities.
Briefly this exceptionally well maintained and decorated two bed property offers you the opportunity to move in on completion day with little or nothing to be done other than unpack. It has gas central eahtingand also Upvc windows throughout. It has a quality modern kitchen diner, a good size lounge, two double bedrooms and a modern family bathroom. To the outside is off road parking, an attractive front garden and a large rear garden that is completely enclosed offering a great chilling out zone for summer and a safe haven for both children and pets.
From the front door you enter a light bright hallway leading to
The Lounge ( 3.5m x 4.3m )
Overlooking the front of the property via a good size Upvc window this light bright room offers a haven for relaxing of an evening.
The Kitchen Diner ( 5.4m x 2.7m )
An exceptionally well designed modern kitchen with loads of storage space to wall and floor. There is an integral hob and cooker with an overhead extractor fan. Plenty of space for a table and chairs ideal for mealtimes.
First Floor.
The Main Bedroom ( 4.4m x 3.4m )
Large light bright bedroom overlooking the front of the property with loads of space for bedroom furniture. Plus as a bonus there is a good size storage cupboard as well.
Bedroom 2 ( 3.8m x 3.1m )
This good double bedroom overlooks the rear garden and again has plenty of space available.
Family Bathroom ( 2.2m x 1.9m )
Compact and modern family bathroom with a three piece suite comprising bath with overhead shower, wc and Sink unit. Nicely tiled and with Upvc window.
To The outside
Front garden is part drive for 2 cars and lawns and borders
The enclosed rear garden is a great area for relaxing and safe for children and pets alike. It is mainly lawn with a patio area ideal for sitting out. There is a small shed available that has power installed for your gardening needs.
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.
586 Leeds Road, Outwood Wakefield, WF1 2LT
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