The property briefly comprises:- entrance into the kitchen, lounge, dining room, hallway to the second bedroom and bathroom. To the first floor is another bedroom with en-suite. There is a garage and car port with off street parking.
LOCATION
Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
ENTRANCE INTO:
KITCHEN- 12'8 (3.87m) x 15'6 (4.73m)
Cottage style kitchen with vaulted ceiling, window to the front aspect, exposed beams, stairs leading to the mezzanine, log burning stove with brick surround, tiled splash back, a range of wall and base units with island and feature brick wine rack, one and a half sink with drainer unit, space for fridge/freezer, plumbing for dishwasher and washing machine, eye-level electric oven, gas hob, extractor fan, stone flooring and power points. There is also an understairs storage cupboard.
LOUNGE- 12'9 (3.91m) x 15'5 (4.70m)
Cosy and spacious with vaulted ceiling, windows to the front aspect, exposed beams, dual aspect log burning stove with exposed brick surround and stone hearth, wood flooring, radiator, TV point and power points.
DINING ROOM- 12'10 (3.93m) x 11'11 (3.64m)
Light and bright dining space with window to the front aspect, exposed beams, dado rail, laminated wood effect flooring, radiator and power points.
HALLWAY- 18'4 (5.61m) x 2'9 (0.86m)
Built in storage cupboard housing the gas boiler, wall lighting and laminated wood effect flooring.
BEDROOM TWO- 13'4 (4.08m) x 8'10 (2.70m)
Spacious double bedroom with window and stable door to the front aspect, exposed beams, fitted carpets, radiator and power points.
BATHROOM- 8'9 (2.68m) x 5'10 (1.80m)
Very well presented and upgraded bathroom with panelled walls, three piece traditional bathroom suite comprising:- low flush WC, sink with pedestal, free standing bath, laminated wood effect flooring, heated towel rail and extractor fan.
FIRST FLOOR MEZZANINE LANDING
The landing runs across the majority of the housing leading to the second bedroom and en-suite. The current vendors use a portion of it as a study area. There are vaulted ceilings, windows to the side and front aspect, velux windows to the rear, exposed beams, fitted carpets, radiator and power points.
BEDROOM ONE- 18'3 (5.57m) x 11'6 (3.51m)
Beautifully appointed throughout offering a spacious double bedroom with velux window to the rear, additional windows to the front, exposed beams, built in wardrobes, access to the eaves, fitted carpets, radiator and power points.
SHOWER ROOM- 5'2 (1.59m) x 10'8 (3.27m)
Velux window to the rear aspect, partially tiled walls, three piece traditional bathroom suite comprising:- low flush WC, sink with pedestal, fully tiled shower cubicle, tiled flooring, radiator and extractor fan. There is also built in shelving and access to the eaves.
FRONTAGE
The front of the property has been impeccably maintained and made into a lovely area which the vendors have utilised the space by planting potted plants and growing fruit and vegetables. It is surrounded by a picket fence with gate.
GARAGE
Single garage with up and over door, power and lighting.
PARKING
There is an oak-timber framed car port which has been added by the current vendor enough for one car.
SERVICES
Understood to all be connected to mains. Mains gas, water and electric.
TENURE
The property is Freehold and offered with the benefit of vacant possession upon completion.
COUNCIL TAX BAND
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band 'C'.
EPC- C
VIEWING
Strictly by appointment with the sole agents.
FREE VALUATION
If you are looking to sell your own property, we will be very happy to provide you with a free, no obligation market appraisal and valuation. We offer very competitive fees and an outstanding personal service that is rated 5 star by our fully verified clients.
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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