The property briefly comprises:- entrance into a lounge, kitchen, rear entrance and WC, first floor landing with two double bedrooms and shower room, rear garden, garage and 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:
LOUNGE- 12'8 (3.87m) x 14'8 (4.49m)
Door and window to the front aspect, panelled walls, stairs leading to the first floor landing, wood effect laminated flooring, radiator, TV point and power points.
KITCHEN/BREAKFAST AREA- 12'5 (3.81m) x 8'3 (2.52m)
Window to the rear aspect, wall mounted gas combi boiler, tiled splash back, a range of wall and base units with breakfast bar, one and a half sink with drainer unit, plumbing for washing machine, electric oven, gas hob with extractor fan, vinyl flooring, radiator and power points.
REAR ENTRANCE- 5'7 (1.70m) x 4'0 (1.24m)
Door to the side aspect, space for fridge/freezer, vinyl flooring, radiator and power points.
WC- 5'5 (1.67m) x 2'10 (0.86m)
Opaque window to the side aspect, partially tiled walls, low flush WC, sink with vanity unit and mixer tap, heated towel rail and laminated flooring.
FIRST FLOOR LANDING- 3'3 (1.00m) x 7'4 (2.25m)
Laminated flooring and power points. There is also access to the loft.
BEDROOM ONE- 12'6 (3.83m) x 8'3 (2.54m)
Double bedroom with dual windows to the rear aspect, laminated flooring, radiator, TV point and power points.
BEDROOM TWO- 12'6 (3.83m) x 7'1 (2.16m)
Another double bedroom with dual windows to the front aspect, fitted carpets, radiator, TV point and power points.
SHOWER ROOM- 6'1 (1.88m) x 7'4 (2.25m)
Opaque window to the side aspect, partially tiled walls, three piece suite comprising:- low flush WC, sink with vanity unit and mixer tap, shower cubicle, vinyl flooring, heated towel rail and extractor fan.
GARAGE- 8'2 (2.51m) x 17'5 (5.31m)
Up and over door, rear pedestrian door, power and lighting.
GARDEN
North facing garden which is mainly laid with lawn, patio area to the immediate rear, planted shrubs and hedging, garden shed and timber fencing.
PARKING
Off street parking for one car.
SERVICES
Understood to be connected to main. 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 'B'.
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.
ANTI-MONEY LAUNDERING (AML) REGULATIONS
In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, we are required to carry out identity checks on all purchasers. A charge of £25 + VAT per person will be payable by the purchaser to cover the cost of these checks. This fee is non-refundable and is payable upon acceptance of an offer.
Tenure : Freehold
Council Tax Band : B
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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