54 Millbank, Yeadon

Asking Price of £85,000
SSTC
2 Bedrooms1 BathroomsApartment
  • Ground Floor Flat
  • 2 Double Bedrooms
  • Sitting Room with French Doors to The Gardens
  • Kitchen with Oven & Hob Built In
  • Smart Bathroom with Walk In Shower
  • Communal Gardens & Parking
  • Offered Under the Affordable Shared Ownership Scheme £85,000 = 65%
  • EPC Rating C
  • No Onward Chain

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TWO BEDROOMED GROUND FLOOR FLAT OFFERED FOR SALE UNDER THE AFFORDABLE PURCHASE SCHEME WITH THE £85,000 REPRESENTING 65% OF THE FULL VALUE* An excellent opportunity has arisen to purchase this smart modern two bedroomed ground floor flat. Ideally located just a short walk from the excellent shopping facilities found on Yeadon High Street, this two bedroomed ground floor flat is offered with the advantage of having NO ONWARD CHAIN. The accommodation commences with a private entrance hallway, a good sized sitting room with French doors out to the flats gardens and a smart modern kitchen with a built in oven and hob. There are two bedrooms, both doubles and a smart modern bathroom currently fitted with a walk in shower.

  • Ground Floor Flat
  • 2 Double Bedrooms
  • Sitting Room with French Doors to The Gardens
  • Kitchen with Oven & Hob Built In
  • Smart Bathroom with Walk In Shower
  • Communal Gardens & Parking
  • Offered Under the Affordable Shared Ownership Scheme £85,000 = 65%
  • EPC Rating C
  • No Onward Chain

The property is well placed close to open countryside with many picturesque walks and there are also a variety of recreational facilities in the area. Yeadon town centre is within easy reach and provides a wide range of facilities including shops, cafes, restaurants and bars and there are also a number of schools throughout the area. In addition, Leeds and Bradford city centres together with many surrounding areas can be reached on a daily basis by either car or local bus and train services, Guiseley railway station being centrally located. Leeds Bradford airport is also within easy reach.  

The accommodation with ELECTRIC STORAGE HEATERS, SEALED UNIT DOUBLE GLAZING and with approximate room sizes, comprises: 

PRIVATE ENTRANCE HALLWAY Outer door with glazed insets to the front elevation. Laminated wooden flooring and an electric storage heater.  

SITTING ROOM 15' 2" x 10' 2" (4.62m x 3.1m) Excellent sized sitting room having French doors to the flats gardens at the rear. Laminated wooden flooring and an electric storage heater.  

KITCHEN 12' 2" x 5' 10" (3.71m x 1.78m) Fitted range of wall and base units having work surfaces over with a sink unit inset. Also built in is an electric oven and hob, plumbing for a washer, an electric radiator and a window to the front elevation.  

BEDROOM 1. 10' 7" x 9' 6" (3.23m x 2.9m) Laminated wooden flooring, an electric radiator and a window to the rear elevation.  

BEDROOM 2. 10' 4" x 7' 6" (3.15m x 2.29m) Laminated wooden flooring, an electric radiator and a window to the front elevation.  

BATHROOM Fitted with a walk in shower cubicle with a glazed screen, wash hand basin and a low level w.c. Tiled splash backs and an extractor fan.  

COMMUNAL GARDENS & PARKING The property benefits from having use of the communal gardens, that are fully maintained for you and parking.  

TENURE We are advised the property is Leasehold. The property is offered with the remainder of a 125year lease which commenced in April 2004.

Information correct as of February 2021.

Lease Length – 108 years remaining on the original 125 year lease.

Service / Maintenance Charge and what is included - £70.12 per month. This includes:
ValueCharge Code Description
£1.57Audit Fee
£4.58Buildings Insurance
£1.11Cyclical Repairs Sinking Fund
£20.98Grounds Maintenance
£4.92Leasehold General Repairs
£21.18Leasehold Service Charge
£1.08Major Repairs Sinking Fund
£10.58Other Service Charge
£1.25Refuse Collection
£2.87Window Cleaning

Ground Rent is a Peppercorn ground rent. This isn't currently charged to the owners.
 

* DISCOUNTED SALE INFORMATION & CRITERIA The property has independently been valued by an RICS chartered survey. The property at 100% value has been assessed at £130,770. £85,000 represents 65% of this full value and is the maximum that the property can be purchased at to maintain its affordability status.

The Homes England criteria for Help to Buy is as follows:

•They must be at least 18 Years old for this property.
•They should be a British citizen or have indefinite leave to remain.
•They need to have access to or can raise approximately £2,500 to cover the cost of buying a home.
•Their annual household income cannot exceed £80,000 per year.
•They should generally be a first-time buyer. If they do already own a property, they must be in the process of selling it.
•The Shared Ownership home they're looking to buy must be their only home and they must not sublet it.
•They should not be able to afford to buy a home suitable for their housing needs on the open market.
•They must provide proof that they are not in mortgage or rent arrears.
•They must demonstrate that they have good credit history and can afford the regular payments and costs involved in buying a home.
You would need to obtain Help to Buy approval by completing the following application form: https://www.helptobuyagent1.org.uk/affordable-home-ownership-application-shared-ownership-rent-to-homebuy-opso/

Once you have Help to Buy approval you will be able to put an offer on the property.

Once your offer has been accepted, we would then need to carry out an Eligibility & Affordability Check where we would require the following documents:

1.Photographic ID
2.Proof of address
3.Last 3 months wage slips or proof of income
4.Last 3 months current account bank statements – Please send all pages including the transactions.
5.Proof of deposit and mortgage in principle documents, or proof of funds. – Please be aware you will require a discounted sale mortgage not a shared ownership one. You may wish to obtain independent financial or mortgage advice before getting a mortgage in principle. If you require any contact details, please let us know.
6.Details of monthly repayments for any debt including car finance.
Once you have been approved by Together Housing, we would then be able to instruct solicitors to proceed with the sale. However, please do not instruct a solicitor until you have written approval from us.  

VIEWINGS We would be delighted to arrange a viewing for you on this property. To view, please contact Dale Eddison's office on (01943) 465465, e-mail us guiseley@daleeddison.co.uk or call in to our office at 52-54 Kirkgate, Otley LS21 3HJ.

Please note - with the current Covid 19 viewing guidelines, for the safety of our clients, customers and staff we ask that only two people attend a viewing at any one time. We politely request that all viewers wear protective gloves and a face mask or form of face covering.  

MORTGAGE ADVICE We are delighted to offer Whole of Market Mortgage advice through our relationship with Mortgage Advice Bureau. To make an appointment please ring 01943 465465 and we will arrange for our advisor to help you source the most suitable mortgage for your circumstances.

Your home may be repossessed if you do not keep up repayments on your mortgage.

The Initial consultation is free of charge and totally without obligation. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. 

MONEY LAUNDERING REGULATIONS To enable us to comply with the expanded Money Laundering Regulations we are required to obtain identification from prospective buyers once a price and terms have been agreed on a purchase. Buyers are asked to please assist with this so that there is no delay in agreeing a sale.  

GENERAL The measurements in these particulars are approximate and have been provided for guidance purposes only. The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order. The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.