This ten year old semi-detached house is set in a cul-de-sac on a development which forms the northern outskirt of the town and is part of the popular Molescroft area. It is a short walk from the local schools which include an outstanding rated primary. The property provides three bedroomed accommodation with an en-suite facility and a rear kitchen diner which opens out through french doors to an enclosed rear garden. There is an adjacent garage, plus parking space, and the property represents an ideal opportunity whether you are a first time buyer, small family or looking for an easy to maintain home to which to downsize.
LOCATION
The development lies adjacent to the town's northern bypass, Grange Way. This location enjoys speedy access to routes leading from Beverley to Hull, York, Driffield and the east coast. Within around one and a half miles there are a great many of the services and amenities of this historic market town. A vibrant Georgian town centre is full of shopping and recreational opportunities, and the town has a good range of sporting and public transport facilities.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hall: Radiator.
Separate WC: Low level toilet suite and wash-hand basin. Radiator.
Lounge: Understairs cupboard and radiator.
Inner Hallway: Staircase leading off.
Dining Kitchen: A range of fitted base and wall cabinets with woodblock-effect laminate worktops incorporate a single drainer sink, built-in electric oven with gas hob and extractor hood and integrated fridge freezer. Plumbing for automatic washing machine and dishwasher. Radiator. French doors to rear garden.
FIRST FLOOR
Landing: Built-in cupboard with slatted shelves.
Bedroom One: Fitted sliderobe with mirror doors, window shutters and radiator.
En Suite Shower Room / WC: Includes shower enclosure with sliding doors, pedestal wash-hand basin and low level toilet suite. Splashback wall tiling and heated towel rail.
Bedroom Two: Radiator.
Bedroom Three: Radiator.
Bathroom / WC: With a three piece suite, splashback wall tiling and heated towel rail.
EXTERNAL
Brick Single Garage: Situated to the front of the property including a driveway/parking space. Part of a building comprising ground floor garaging with an apartment above.
Gardens: There is a lawn to the front of the property and at the rear the main garden is enclosed by close-boarded fencing and comprises a lawn with a corner patio placed for optimum sunshine.
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 'C' (verbal enquiry only).
Tenure: The property is freehold, with the exception of the garage which is understood to be leasehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
Tenure : Freehold
Council Tax Band : C
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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