This Victorian town house is of a size and in a location rarely available in the town, and represents a great opportunity to those seeking a central home of spacious yet manageable proportions with scope to further modernise and appoint to individual taste and requirements. Although already having been extended and internally re-modelled to provide an additional ground floor reception room (or bedroom) with adjacent shower room & wc, the property requires a degree of cosmetic repair and decoration. Gas central heating is installed, and the walled rear courtyard garden with westerly aspect and a view of the iconic towers of Beverley Minster is a most attractive feature of this individual period property.
LOCATION
Highgate runs from the main north door of Beverley's historic Minster into Wednesday Market Place which is the southern end of the commercial and shopping centre of this market town eight miles north of the port and city of Hull. There is an excellent and extensive range of shopping opportunities, cafes and restaurants close to this property, and also railway and bus stations, a cinema and leisure centre within easy level walking distance.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Vestibule: Tiled floor and ceiling cornice.
Hallway: Radiator. Staircase leading off with turned spindles and hardwood handrail.
Sitting Room: Painted surround to cast iron fireplace with a living flame gas fire. Picture rail, ceiling cornice and moulding. Radiator.
Dining Room: Limestone-effect fireplace with living flame gas fire has fitted cupboards to the flanking alcoves. French doors to rear, understairs cupboard, picture rail, ceiling coving and radiator.
Kitchen: Fitted with a range of hand-built pine base and wall cabinets with woodblock worktops and one and a half bowl single drainer sink. Electric oven, gas hob and plumbing for dishwashing machine. Radiator. Tiled floor extends through an archway to:
Utility Area: With Belfast sink and laminate worktop. Plumbing for automatic washing machine, gas central heating boiler and radiator.
Sun Porch / Entrance: Timber, double glazed.
Shower Room / WC: Corner shower tray with plumbed shower fitment, wash-hand basin and low level toilet suite. Approx. half height wall tiling.
Study / Bedroom Five: Tiled floor, arched double glazed window and Velux roof light. Radiator.
FIRST FLOOR
Half Landing
Bathroom: Panelled bath with plumbed shower fitted above and splashback tiling. Low level WC. Plumbing provision for wash basin. Radiator and heated towel rail.
Main Landing
Bedroom One: A range of fitted wardrobes to one wall include a dresser and high level cupboards. Radiator, picture rail and ceiling cornice.
Bedroom Two: Radiator, picture rail and ceiling coving.
SECOND FLOOR
Landing: Loft access hatch.
Bedroom Three: Front dormer window with side view of the Minster, radiator and cast iron fireplace.
Bedroom Four: Rear dormer window, radiator and cast iron fireplace.
OUTSIDE
A joint pedestrian access tunnel leads to the rear of the property and into a walled, paved courtyard and garden area. This has a roughly westerly aspect and includes established shrubs to the borders together with a timber shed.
Services: All mains services are connected to the property. None of the services or installations have been tested.
Council Tax: Council Tax is payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band 'D' (verbal enquiry only).
Tenure: Freehold. Vacant possession on completion.
Viewing: Strictly by appointment with the agent's Beverley office (01482 866844).
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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