Looking for the perfect first step onto the property ladder? Look no further! 16 Brook Street is a move-in-ready two-bedroom mid-terrace home, offering an excellent opportunity for first-time buyers, downsizers, or investors alike. Ready for any prospective purchaser to put their own stamp on it, the property combines comfortable living with fantastic potential. The ground floor features a spacious open-plan lounge/dining area, creating a bright and versatile space ideal for both relaxing and entertaining. The kitchen provides ample storage and workspace, while upstairs are two well-proportioned bedrooms. Early viewing is highly recommended to fully appreciate everything this home has to offer.
The property briefly comprises:- entry to the lounge/dining room, kitchen, downstairs bathroom, first floor landing with primary bedroom and additional bedroom. There is a rear yard with additional gravelled space.
LOCATION
The property is located in the heart of Driffield. The town offers an excellent range of shopping facilities including national stores such as, Boots, Tesco's, Lidl and Iceland Foods alongside a wide variety, cafes, restaurants, sports clubs and well regarded schools. The transport links provide easy access to Beverley, Hull, Bridlington, Scarborough and beyond.
THE ACCOMMODATION COMPRISES:-
LOUNGE/DINING ROOM - 12'3'' x 22'11'' (3.74m x 7.00m)
Open plan living/dining room with a bright and airy feel with window and door to the front aspect, stairs leading to the first floor landing, storeage cupboard, electric wall mounted fire, fitted carpets, radiators, TV point and power points.
KITCHEN - 5'9'' x 11'11'' (1.77m x 3.65m)
Window and door to the rear aspect, tiled splash back, a range of wall and base units with worktops, sink with drainer unit, space for fridge/freezer, plumbing for washing machine, integral electric oven with integral electric hob, tiled flooring, and power points.
BATHROOM - 5'8'' x 5'5'' (1.75m x 1.66m)
Windows to the rear aspect, partially tiled walls, tiled splash back, three piece bathroom suite comprising:- low flush WC, sink with vanity unit, panelled bath with over head shower attachment, tiled flooring and radiator.
FIRST FLOOR LANDING
Fitted carpets.
BEDROOM ONE - 13'4'' x 11'0'' (4.08m x 3.35m)
Well proportioned double bedroom with large window to the front aspect , fitted carpets, radiator and power points.
BEDROOM TWO - 8'11 x 11'6'' (2.74m x 3.51m)
Window to the rear aspect, built in storage cupboard housing the boiler, fitted carpets, radiator and power points.
GARDEN
The North-facing rear garden provides the perfect setting for alfresco dining, complemented by a gravelled area and a practical storage shed.
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 E.
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 : 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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