An interesting property likely to have real appeal to a wide variety of purchasers. It comprises a 3 bedroom, 2 reception room detached bungalow with an adjoining spacious, self-contained 2 bedroom annex and a large plot that also accommodates a spacious workshop/garage. Whether for those looking for a redevelopment opportunity, those interested in multi generation living or those looking for significant garage workshop space this interesting property has much to offer.
Owned by the same family for some time, this property will be a great opportunity for the successful purchaser. Located on Ferry Lane in Woodmansey and towards the end where it starts to feel quite rural, it is also a relatively quiet location. The property has lots of potential with the internal accommodation, main bungalow and annex amounting to over 1700 square feet. The workshop/garage offers nearly 2280 square feet of space which will be of significant interest to many. The main bungalow provides internal accommodation that benefits from gas central heating and uPVC double glazing and comprises: an Entrance Hall, Living Room, Dining Room, Breakfast Kitchen, Master Bedroom with en suite Shower Room, further Double Bedroom, a good sized single Bedroom and a Bathroom. The generously proportioned annex, which also benefits from gas central heating and uPVC double glazing offers an Entrance Hall, Living Room, 2 double Bedrooms and a Shower Room. There is a garden to the front of the house and a further garden to the rear of the main accommodation. An area of off street parking to the front connects to a long driveway that could provide off street parking for a number of vehicles. It leads to an open area in front of the workshop/garage which leads up to double doors that provide access to the large workshop/garage space which is separated into a number of areas. To the side of the workshop/garage there is a further area of space which currently accommodates a polytunnel. Every viewer will have a different way they might utilise both all of the various aspects the property offers. We feel that some purchasers may wish to combine the main property and annex into one (subject to any necessary permissions) but it could also provide a useful income stream or accommodate family members.
Early viewing is highly essential to fully appreciate everything that is available with it. We have a 360 degree tour available which will provide a useful insight in the first instance.
LOCATION
Woodmansey is a popular village that sits to the south east of Beverley and is almost adjacent to it. It offers a range of amenities including a primary school, pub, garden centre and some local shops on Shopeth Way. Ferry Lane runs away from the main road through the village and No 35 sits some distance from it in a quieter part of the village. Woodmansey provides excellent access to Beverley via Long Lane which runs right up to the Minster and also the A1174 which also connects to Hull and via the A164, the A1079 linking to York. The market town of Beverley provides an excellent range of shops, restaurants, pubs and other local amenities which are comprehensively supplemented by those available in Hull.
ACCOMMODATION
Entrance Hall and Inner Hallway.
Living Room - a good sized room with a window to the front.
Dining Room - with French doors to the garden and a built in cupboard.
Breakfast Kitchen - with a range of base and wall mounted units and a window to the side.
Bedroom 1 - a double bedroom with a window to the side and fitted wardrobes.
En Suite Shower Room - with a shower unit, low flush WC and wash hand basin. Window to the side.
Bedroom 2 - a double bedroom with a window to the front and fitted wardrobes.
Bedroom 3 - a reasonable single bedroom with a window to the rear.
Bathroom - a 3 piece suite in white comprising a panelled bath with shower over, low flush WC and wash hand basin. Window to the rear and built in cupboard.
ANNEX
Entrance Hall - a long hallway.
Living Room - with a window to the side.
Kitchen - a good sized kitchen with a range of base and wall mounted units and a window to the side.
Bedroom 1 - a double bedroom with a window to the side.
Bedroom 2 - a double bedroom with a window to the side.
Shower Room - a three piece suite comprising shower unit, low flush WC and wash hand basin. Window to the rear.
Outside - there is a largely lawned garden with herbaceous beds to the front of the property that also includes an area of off street parking. A low hedge provides the front boundary. A driveway leads past double gates and continues down the side of the property providing off street parking for a number of vehicles if required. There is a further area of garden between the rear of the main property and the side of the annex which is extensively paved. Beyond the annex the driveway opens onto a more open area in front of the garage/workshop which could provide more parking but also accommodate a camper or caravan. The garage/workshop is an extensive building offering nearly 2280 square feet of space constructed of a range of materials and with power and light laid on. Access is via double doors and also a pedestrian door.
Heating and Insulation: The property has gas-fired radiator central heating and uPVC double glazing.
Services: All mains services are connected to the property. None of the services or installations have been tested.
Council Tax: Payable to the East Riding of Yorkshire Council. The main bungalow is shown in the Council Tax Property Bandings List in Valuation Band ‘D’ and the annex is shown in Valuation Band 'A' (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 : D
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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