
The property briefly comprises:- entrance into a lounge, hallway, celler, living/dining room, kitchen, first floor landing with two bedrooms and shower room, second floor with additional bedroom and bathroom, rear garden and on 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:
LOUNGE- 12'3 (3.74m) x 10'8 (3.27m)
Stepping into a cosy lounge with bay window to the front aspect, coving, feature cast iron fireplace surround, fitted carpets, radiator, TV point and power points.
HALLWAY- 3'8 (1.12m) x 8'7 (2.62m)
Stairs leading to the first floor landing, access to the cellar, panelling to the walls and vinyl flooring.
CELLAR- 4m x 4m (approx.)
There is cellar to the property which has lighting.
LIVING/DINING AREA- 13'5 (4.09m) x 10'1 (3.08m)
Light and bright living/dining area with French doors to the rear aspect, coving, panelled walls, log burning stove with stone hearth and wooden mantle piece, vinyl flooring, radiator, TV point and power points.
KITCHEN- 5'7 (1.71m) x 20'4 (6.20m)
Door and window to the side asepct, velux window to the side aspect, tiled splash back, a range of wall and base units with tongue and groove finishing, one and a half sink with drainer unit, integrated fridge/freezer, integrated washing machine, oven and gas hob, extractor fan, vinyl flooring, radiator and power points.
FIRST FLOOR LANDING
Coving, fitted carpets, radiator and door with stairs leading to the second floor.
BEDROOM ONE- 12'4 (3.78m) x 10'11 (3.34m)
Double bedroom with window to the front aspect, coving, feature cast iron fire surround, built in storage cupboards, fitted carpets, radiator, TV point and power points.
BEDROOM TWO- 12'2 (3.73m) x 7'3 (2.24m)
Another double bedroom with window to the rear aspect, coving, fitted carpets, radiator and powe points.
SHOWER ROOM- 6'8 (2.04m) x 6'11 (2.11m)
Well appointed and modern shower room with tiled splash back, panelling, three piece bathroom suite comprising:- low flush WC, sink with vanity unit, fully tiled shower cubicle, feature alcove, vinyl flooring, heated towel rail and extractor fan.
SECOND FLOOR:
BEDROOM THREE- 11'3 (3.45m) x 14'3 (4.37m)
Another double bedroom with velux window to the rear aspect, access to the eaves, laminated wood effect flooring, radiator and power points.
BATHROOM
Partially tiled walls, sink with pedestal, panelled bath, laminated wood effect flooring and extractor fan.
GARDEN
Easily maintainable and private North-West facing garden which has been laid with patio ideally for seating, slate chippings to the immediate rear of the property and gate to the rear leading to a shared access with the neighbouring properties for bins.
PARKING
On street parking.
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 'A'.
EPC
This property's energy rating is TBC.
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 : A
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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