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2 bed duplex for sale

£110,000 (£173/sq. ft)

Merchants Court, Bingley BD16

2 bed duplex for sale 2 1 1 59 sq. m*
Interested in this property? Call +44 113 482 9964 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • On street/residents parking
  • Central heating

Property description

Danhamz are please to offer this great 2 bed apartment with a Long Tern Tenant in Situ and available to buy to let purchasers. This well presented and generously sized two bedroom apartment would make a superb investment or long term home. Situated within a popular Bingley development which is within close proximity to a host of local amenities. Currently achieving 6% rental yield with scope to achieve 8%

The property provides, well-proportioned living accommodation at third floor level, and has the benefit of modern kitchen and bathroom fixtures and fittings, electric wall mounted heating and parking. It has a good sized open plan lounge and two generously sized double bedrooms.

The accommodation briefly comprises of; communal entrance, private entrance hallway, generously sized lounge/diner, fitted modern kitchen with attractive wall and base units, two bedrooms and a bathroom.

The property is located within a highly regarded residential area which is within close proximity to Bingley town centre. Bingley offers its residents an array of first class amenities which include local shops, bars and eateries, excellent primary and secondary schools, and superb commuter links to the immediate local area as well as a train service which commutes daily to the cities of Leeds and Bradford.

Please Note (1) - This is a leasehold property for a period of 150 years from 2005. Service Charges are applicable and 62.00pm and ground rent of 175.00p.a
Please Note (2) - Property must be viewed as it currently has a tenant soon to vacate and the pictures may not resemble the current property.

Property info

Property value data/graphs for BD16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £469,660 £222 3.8 £410,979
Semi-detached £324,028 £205 3.0 £245,879
Terraced £242,001 £167 2.9 £190,726
Flats £163,717 £186 1.9 £118,174

Current asking prices in BD16

Average: £288,636
Avg. current asking prices in BD16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £161,650
(3)
£183,209
(32)
£295,051
(44)
£485,140
(34)
£641,990
(10)
Flats £110,056
(15)
£126,735
(31)
- £245,000
(1)
-
All £118,655
(18)
£155,421
(63)
£295,051
(44)
£478,278
(35)
£641,990
(10)

Current asking rents in BD16

Average: £1,225 pcm
Avg. current asking prices in BD16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £748 pcm
(2)
£1,001 pcm
(2)
- -
Flats £1,262 pcm
(6)
£1,421 pcm
(6)
- - -
All £1,262 pcm
(6)
£1,253 pcm
(8)
£1,001 pcm
(2)
- -

Fun facts for BD16

Highest value in BD16
Highest value streets Zed-Index
Glen Road £694,035
Bracken Park £567,662
Stonegate £543,324
Finch Close £527,685
Nicholson Close £524,530
Highest turnover in BD16
Highest turnover streets Turnover
Nethermoor View 72.7%
Whitley Street 50.0%
Beech Street 46.0%
Ireland Street 43.9%
Greenhill Drive 42.9%

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Danhamz, LS6 on +44 113 482 9964 * (local rate)

Monthly running costs Beta

£608 Monthly total

Mortgage

Purchase price
Deposit (10%) 11,000
Repayment term 25
Interest rate 2.0
Your payment £419 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

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

Home Insurance

Contents value up to £75,000 Average insurance cost £4/mo (£42/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £34 Estimated energy cost £55/mo How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 8100 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Bradford

Estimated tax band A Council tax cost £99 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £18 Estimated water cost £31 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Danhamz about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Danhamz, and do not constitute property particulars. Please contact Danhamz for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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