This modern, approx eight year old, end house of three is both attractively maintained and well situated, positioned overlooking an area of green space. The accommodation, with two double bedrooms, has a rear living room with french doors onto an enclosed garden with south westerly aspect and includes a bathroom with shower and ground floor wc. Off street parking for two vehicles is provided by the private side driveway, which may present an opportunity for future extension of the house, if consents are available. This is a great first property or downsizing home in a popular market town.
LOCATION
Situated south east of central Beverley, off Beverley Parklands road, this position is a short walk via Sparkmill Lane, onto Flemingate where both the Flemingate shopping and leisure complex and sports centre with swimming pool are located. A little further, past either the historic Beverley Minster or the railway station and you enter the southern end of the vibrant shopping centre with numerous bars and eateries as well as the Georgian architecture of Saturday Market itself...all within about a mile or so.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hall: Radiator.
Kitchen: Fitted base and wall cabinets in a cream gloss finish with woodblock-effect laminate worktops incorporate an electric oven, gas hob and one and a half bowl single drainer sink. Plumbing for automatic washing machine and fridge freezer position. Radiator.
Separate WC: Low level toilet suite, pedestal wash-hand basin and radiator.
Living Room: French doors open to the rear garden. Understairs cupboard and two radiators.
FIRST FLOOR
Landing
Bedroom One: Radiator.
Bedroom Two: Radiator.
Bathroom / WC: A three piece bathroom suite includes a plumbed shower and splash screen fitted over the bath. Walls tiled approximately half to full height as splashbacks. Heated towel radiator.
EXTERNAL
Side Drive: Provides two car parking spaces.
Garden: Small paved forecourt, side grassed area with shrubs and a main rear garden comprising a lawn with borders enclosed with close-boarded fencing and enjoying a south westerly aspect.
Heating and Insulation: The property has gas-fired radiator central heating and uPVC double glazing.
Services: All mains services are connected to the property. None of the services or installations have been tested.
Council Tax: Council Tax is payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band 'B' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
Tenure : Freehold
Council Tax Band : B
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
Tax Band | % | Taxable Sum | Tax |
less than £250k | 0 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £250k | 3 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £425k | 0(5)** | ||
£425k to £625k | 5 | ||
£625k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
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