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2 MAIN STREET,, LS25 1EZ
£245,000 OIRO
Bedrooms
Bathrooms
Reception
Offered with no onward chain, this well-maintained two-bedroom semi-detached bungalow is located on the popular Montague Crescent in Garforth.
With a traditional layout the accommodation briefly comprises: a welcoming entrance hallway, a functional kitchen, a spacious lounge, a shower room, a separate WC, two good-sized bedrooms, and a bright conservatory. The property benefits from gas central heating, providing warmth and comfort throughout the year.
Previously tenanted, the bungalow generated a rental income of 975 per calendar month, making it a great investment opportunity. The current owner has ensured the property is well-maintained with up-to-date electrical installation condition reports and a valid gas certificate. With an impressive EPC rating of C, this home is also energy-efficient. Mains powered interlinked heat, smoke and carbon monoxide sensors.
Externally, the property features a well-kept lawned garden to the front. There is a spacious driveway to the front and side, offering ample off-road parking for multiple vehicles, which leads to a larger-than-average garage. To the rear, you'll find a private and not overlooked garden area, perfect for relaxing and enjoying the outdoors.
Montague Crescent is conveniently located just a short distance from Garforth High Street, which offers a wide range of amenities including bars, shops, restaurants and a doctors including many more. Garforth Train Station is also within easy reach, making this an ideal location for those commuting to work.
For more information or to arrange a viewing, please contact Tudor Sales & Lettings today on 0113 282 3056. Dont miss out on this fantastic opportunity!
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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