The property briefly comprises:- entrance hall, large lounge area, kitchen/diner, two double bedrooms, bathroom, easily maintained rear garden and front garden, garage and off street parking.
LOCATION
Situated within the popular and conveniently located village of Beeford which provides a host of local amenities such as general store, post office, doctors surgery, church, primary school, playing fields, fish & chip shop, Chinese restaurant and a public house. Further amenities lie within the neighbouring towns of both Bridlington and Driffield and Beeford is also easily commutable to Beverley and Hull.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL
Door and windows to the front aspect. coving, loft access, radiator and power points.
LOUNGE- 3.81m (12'6) x 5.49m (18')
Window to the front aspect, coving, electric fire with marble hearth, radiator, TV point, telephone point and power points.
KITCHEN/DINING AREA- 4.55m (14'11) x 3.02m (9'11)
Door to the rear aspect, window to the side and rear, coving, a range of wall and base units, cupboard housing the boiler, integrated fridge/freezer, integrated dishwasher, sink with drainer unit, gas hob, electric oven, extractor hood, extractor fan, heringbone style flooring, radiator and power points.
BEDROOM ONE- 4.57m (15') x (10'4)
Window to the front aspect, coving, built in wardrobes, radiator and power points.
BEDROOM TWO- 3.20m (10'6) x 3.35m (11')
Window to the rear aspect, coving, built in wardrobes, radiator and power points.
BATHROOM- 2.64m (8'8) x 1.63m (5'4)
Window to the rear aspect, fully tiled walls, four piece bathroom suite comprising:- low flush WC, sink with vanity unit, panelled bath with over head shower, fully tiled separate shower cubicle, filed flooring, extractor fan and heated towel rail.
GARDEN
Low maintenance garden which is mainly patio and pebbled, outside shed which has power points, outside tap and side access.
GARAGE- 2.51m (8'3) x 5.87m (19'3)
Up and over door, door to the side, window to the rear, plumbed for a washing machine, power and lighting.
PARKING
Off Street parking for two/three cars.
SERVICES
All connected to mains.
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 'C'.
EPC- TBC
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : C
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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