Rent Now, Buy Later,Yeadon 3 bed semi

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Rent Now, Buy Later,Yeadon 3 bed semi
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Page Views: 116
Date Added: 14/09/2009
Last Updated: 05/11/2009
Leeds , Price: 199950

Rent now, buy later.

Move into this house without getting a mortgage. With a small deposit you could be in within a week!

This is how it works

The purchase price is £199,950

Example deposit of £6,000 (3% of purchase price)

The normal rent is £700 per month.

Each month you pay an additional £150 “top up” towards your deposit.

In total you pay £850 per month.

For the first year, each month we will match your “top up” of £150 per month which again goes towards your deposit.

End of year one

£199,950

-£6,000 deposit paid

-£1,800 (extra you have paid)

-£1,800 (extra we have paid)

At the end of year one you would owe £190,350

At the end of year two you would owe £188,550

During that time you have saved up a deposit of £11,400 (5.7%)

Any improvements you make to the property you get the benefit.

If the value of the property has increased you also get the benefit.

Now let’s have a look if you pay a bigger deposit and £50 more per month.

£199,950

-£9,000 deposit paid

-£2,400 (extra you have paid)

-£2,400 (extra we have paid)

At the end of year one you would owe £186,150

At the end of year two you would owe £183,750

During that time you have saved up a deposit of £16,200 (8.1%)  

The more you pay the quicker and bigger your deposit.

No mortgage is required until you buy in 2011. (but you can buy at any time)

Price growth and rent deposit payments provide your deposit.

The purchase price is fixed at the outset. You gain from any price growth!

Redecorate, carry out home DIY - YOU benefit from any added value by enhancing YOUR home

This is not a shared ownership or Housing Association scheme

You can move into your new home in as little as 7 days!

Legally approved solicitor contracts.

We can help you get advice on your mortgage in 2011, or sooner, with your deposit fund.

Move in, and buy later - or walk away! You do not have to buy if you change your mind.

 

Perfect if you are either;

- A first time buyer struggling to get onto the housing market

- Struggling to raise a large deposit

- Currently renting but want to own your own home

- Have impaired credit and can't raise finance

- Have recently moved to the UK

 

About the house:

Ideal for the professional couple or family is this recently refurbished three bedroom dormer bungalow offering modern accommodation within minutes walk to Guiseley and Yeadon town centres. The accommodation briefly comprises a modern dining kitchen with integrated appliances, spacious lounge, three double bedrooms, shower room, and house bathroom. Externally, there is lawned rear garden with decking, driveway and garage. 

 

GROUND FLOOR

 

LOUNGE

4.59m (15'1") x 3.24m (10'7")

Marble fire surround with electric fire, coving to ceiling, and radiator. PVCu double glazed French double doors leading to decking and rear garden.

DINING KITCHEN

4.52m (14'10") x 2.66m (8'9")

A recently fitted modern kitchen with stainless steel one and a half bowl sink with mixer tap set within modern matching wall and base shaker style units with rolled edge timber effect work surfaces.  There is a built in electric oven, integral 4 ring gas hob with extractor hood above, integrated fridge and dish washer, part tiled walls, ceiling spotlights, radiator, laminate floor and PVCu window to the rear elevation and PVCu window to the side elevation.  Walk in cupboard with plumbing for washing machine.

BEDROOM 1

4.25m (13'10") x 2.87m (9'5")

PVCu double glazed bay window to front of property with radiator and coving.

SHOWER ROOM

 

Luxury suite including steam/shower cabinet with multi body jets and radio!  Also comprising low level WC, hand basin and tiled floor.  PVCu window and radiator.

 

HALL

 

With radiator

 

FIRST FLOOR

 

LANDING

 

With inbuilt cupboard housing combi boiler and storage.

 

BEDROOM 2

3.80m (12'6") x 3.05m (10')

PVCu double glazed window to rear, radiator.

BEDROOM 3

3.56m (11'8") x 2.87m (9'5")

PVCu double glazed window to rear, radiator.

BATHROOM

Fitted with three piece white suite comprising panelled bath with electric shower over, pedestal wash hand basin and low flush WC.  Tiling to floor and walls, Velux window, radiator.

OUTSIDE

To the front of the property there is a tiered garden with well established shrubs.  To the rear of the property is a good sized lawned garden with an elevated decked area.  There is a drive way offering ample off road parking and detached single garage.

LOCATION

 

Yeadon is a lively town with plenty of restaurants, pubs, bars, Dragon’s gym and all other amenities to hand. The nearby train station at Guiseley provides access to Leeds Centre (12mins), Bradford Centre (9mins) and Ilkley (12mins). Yeadon and Guiseley are popular areas with young professionals and families alike.

 




Type:  Dormer bungalow
For Sale or Rent:  Sale
Price or Monthly Rent:  199950
Bedrooms:  3
Bathrooms:  2
Contact person:   Paul Heaton
Phone:  07949244229
E-mail: Reply to Ad
Address:
City:  Leeds
County:  West Yorks
Postal Code:  LS19 7JX
Country:  United Kingdom
Web Site:  http://www.underwood-lettings.co.uk/BanksfieldAvenue.php

View Map: Click Here to view

Average Visitor Rating:    0.00 (out of 5)
Number of Ratings: 0 Votes

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