The property briefly comprises:- entrance hall, WC, kitchen, lounge with table for dining space, stairs to first floor, double bedroom, additional bedroom with built in storage space, garden, side entrance and allocated parking space.
LOCATION
The property is located in Hutton Cranswick where there is a large, picturesque village green, reportedly the largest in East Yorkshire, with a children’s play area and a pond. The village is very well served by local amenities including a grocery store and post office, butchers, hairdressers, public house, recreation facilities, garden centre and farm shop. The school is very well regarded and there are excellent public transport facilities with a train station and regular bus service to Beverley and Driffield.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL
Door to the side aspect, stairs to first floor landing, laminated flooring, radiator and power points.
WC
Opaque window to the rear aspect, low flush WC, sink with pedestal, laminated flooring and radiator.
KITCHEN- 2.74m (9') x 2.34m (7'8)
Window to the rear aspect, coving, a range of wall and base units, tiled splash back, cupboard housing the boiler, sink with drainer unit, space for fridge/freezer, space for dryer/washing machine, gas hob, electric oven, extractor hood, extractor fan, radiator and power points.
LOUNGE- 4.17m (13'8) x 4.27m (14')
Windows to the front aspect, coving, gas fire with wooden hearth, radiator, TV point and power points.
FIRST FLOOR LANDING
Built in wardrobes with sliding doors, loft access and power points.
BEDROOM ONE- 3.15m (10'4) x 4.17m (13'8)
Window to the front aspect, telephone point, radiator and power points.
BEDROOM TWO- 2.74m (9') x 2.69m (8'10)
Window to the rear aspect, built in storage cupboard, radiator and power points.
BATHROOM- 1.75m (5'9) x 1.96m (6'5)
Opaque window to the rear aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, pannelled bath with over head shower, laminated flooring and extractor fan.
GARDEN
Mainly laid to lawn, patio area, outside tap and gate access.
PARKING
One allocated parking space.
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 'B'.
EPC- C
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : B
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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