A superb opportunity to acquire a three bedroom semi detached bungalow offering appealing accommodation in this cul de sac location on the south side of Hornsea. The double glazed and centrally heated accommodation is sure to be of interest to a range of purchasers. 360 degree tour available.
With allotments to the rear the property occupies a peaceful location and provides accommodation that comprises: Entrance Hall, a spacious Living Room, Inner Hallway, a good sized Kitchen with integral oven and hob, ground floor Double Bedroom and Shower Room. To the first floor there are further Two Bedrooms.
There are gardens to the front of the property, a driveway leads past the side to a detached single garage and there are further low maintenance gardens to the rear. The rear gardens feature two patios, flower beds and timber fencing to perimeters. There is a gate leading from the garden to the allotments and the current owners have the benefit of two allotments there. They feel it is likely to be possible for a new owner to secure those same allotments (enquires should be made regarding this). If the allotments weren’t wanted the gate could be secured.
All in all, a lovely property that may suit buyers wanting to downsize but given the space and three bedrooms, may also appeal to family purchasers. A full overview of what the property offers can be gained by viewing our 360 degree tour.
LOCATION
The property is located on the south side of Hornsea in on a popular cu de sac development. There are allotments immediately to the rear of the house and Hornsea Mere is located not far away. There is also a Tesco’s supermarket nearby, just off Southgate, which is in addition to the extensive range of other amenities Hornsea offers. Hornsea is a highly regarded seaside town in East Yorkshire. Nearby Bridlington, Beverley and Hull are easily accessible and provide further amenities.
ACCOMMODATION
Entrance Hall
Living Room
Kitchen
Inner hallway
Double Bedroom
Shower Room
First Floor Landing
Bedroom
Bedroom
Front Garden
Driveway
Detached Garage
Rear Gardens
Heating and Insulation: The property has a gas-fired central heating system 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: Freehold. 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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