The property briefly comprises: porch onto entrance hall, downstairs WC, storage cupboard, large lounge area, separate dining room, study, kitchen/dining room and pantry, four double bedrooms, family bathroom, WC, large garden, garage and off street parking.
LOCATION
Located in a quiet part of the popular Wolds Village of Langtoft which itself is approximately 6 miles from the market town of Driffield and within easy commuting distance of Bridlington, Scarborough, Beverley and Malton.
THE ACCOMMODATION COMPRISES:
PORCH
Double doors to the front, rear and tiled flooring.
ENTRANCE HALL
Double doors to the rear aspect, stairs to first floor landing, coving, storage cupboard, solid Redwood flooring, radiator and power points.
LOUNGE- 4.88m (16') x 4.46m (14'8)
Large bay window to the front aspect, coving, open fire with stone hearth, exposed floor boards, radiator, TV point and power points.
DINING ROOM- 4.32m (14'2) x 3.63m (11'11)
Window to the front and side aspect, coving, open fire place with marble hearth, exposed floor boards, radiator, TV point and power points.
STUDY- 3.71m (12'2) x 3.63m (11'11)
Door to the rear leading into the garden, window to the side aspect, radiator, telephone point, TV point and power points.
KITCHEN/DINING ROOM- 7.27m (23'10) x 4.24m (13'11)
Double doors to the rear leading to the garden, windows to the side aspect, a range of wall and base units with granite worktops, integrated fridge/freezer, integrated dishwasher, space for dryer, wine rack, double electric oven, electric hob, extractor fan, extractor hood, tiled splash back, travertine flooring, radiator, TV point and power points.
PANTRY
Window to the rear aspect and plumbed for washing machine and power points.
WC
Opaque window to the rear aspect, panelled walls, low flush WC, sink without pedestal and laminated flooring.
FIRST FLOOR LANDING
Window to the front aspect, coving, loft access and power points.
BEDROOM ONE- 4.01m (13'2) x 4.90m (16'1)
Large bay window to the front aspect, radiator and power points.
BEDROOM TWO- 4.32m (14'2) x 3.68m (12'1)
Window to the front aspect, coving, radiator and power points.
BEDROOM THREE- 3.71m (12'2) x 3.63m (11'11)
Window to the rear and side aspect, built in storage cupboard, radiator and power points.
BEDROOM FOUR- 4.01m (13'2) x 3.05m (10')
Window to the rear aspect, built in storage cupboards, radiator and power points.
BATHROOM- 2.01m (6'7) x 2.34m (7'8)
Opaque window to the rear aspect, partially tiled walls, bathroom suite comprising:- pannelled bath with shower attachement, sink with pedestal, fully tiled seperate shower cubicle with power shower, laminated flooring, radiator, extractor fan and shaving point.
SEPARATE WC
Opaque window to the rear aspect, low flush WC and laminated flooring.
GARDEN
Large garden split into two with grass area to the rear and vegetable patch. The front of the garden is accessed through iron gates, it has gravelled area for parking, patio area, flower beds, outside electric sockets and side access to the front.
GARAGE
Single garage with up and over door, window to the side aspect, power, plumbed and lighting.
PARKING
Off street parking for multiple cars.
SERVICES
Oil fired central heating, mains water, sewage and electricity.
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 'E'.
EPC- D
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : E
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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