Location
The plot is located within the sought-after and unspoiled conservation Village of Foston-on-the-Wolds. The Village lies 6.5 miles to the east of the Market Town of Driffield, 13 miles from the east coast Town of Bridlington, and 16 miles to the northeast of Beverley. The City of Hull, with direct rail connections to London, is less than 40 minutes drive away. Foston is a picturesque and unspoiled Wolds village located in an excellent position for access to the surrounding Towns and Cities.Planning Consent
Outline planning consent was granted on the 19th December 2024 under Application No: 4/03109/OUT for the erection of Erection of a detached dwelling (Access, Scale, Layout and Appearance to be considered). A copy of the notice of decision and accompanying drawings can be found on the East Riding of Yorkshire Council website using the planning public access page and entering the application number in the search.
Fencing Liability
The purchaser of the plot will be required to erect and thereafter maintain a 1.8m close-boarded fence between points A & B, as shown on the included plan, within 1 month of completion of the purchase. The approximate boundary has been staked and roped and can be seen on site.
Services
Mains water and electricity are available within the Village. Purchasers should make their own enquiries as to the exact location and cost of connection thereto. Drainage will be to a septic tank.
Tenure
Freehold with vacant possession upon completion.
Viewing
Strictly by appointment with the sole agents.
Agents Note
Rose Cottage itself is being offered for sale and interested parties who would be interested in purchasing both the plot and the cottage are encouraged to speak to the agents. Rose cottage is scheduled to be sold by auction on the 25th March 2026 with a guide price of £125,000.
Full details of Rose Cottage can be seen online at:
www.auctionhouse.co.uk/hullandeastyorkshire
Drawings & Artist Impressions
Drawings illustrating the property have been reproduced with the kind permission of Sangwins Architects and are not to scale. The Artist impressions have been produced using AI and are for illustration purposes only. Scaled copies of the drawings are available for download from the East Riding of Yorkshire Council Website.
Tenure : Freehold
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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