
21 King Street located in the heart of town, is a two bedroom victorian mid-terrace. Arranged over three floors. Been lovingly updated and reconfigured by it's current owners it has benefitted from a full re-wire, brand new kitchen and boiler, full decor re-vamp throughout including new windows and doors. It would make a great starter home for those who want to get on the property ladder as well as anyone looking to invest.
The property briefly comprises:- entrance porch, lounge/dining space, kitchen, two double bedrooms to the first floor with family bathroom, second floor with additional loft space, rear courtyard and on street parking.
LOCATION
Driffield offers an outstanding array of amenities including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
ENTRANCE PORCH- 2'10 (0.89m) x 3'7 (1.10m)
Door to the front aspect and stairs leading to the first floor landing.
LOUNGE/DINING AREA- 22'4 (6.82m) x 12'1 (3.69m)
Open plan living space with sash windows to the front and rear aspect, understairs storage cupboard, radiator, TV point and power points.
KITCHEN- 9'4 (2.85m) x 5'4 (1.64m)
Door and window to the side aspect, combi-boiler, a range of wall and base units, glass splash back, plumbing for a washing machine, space for fridge/freezer, sink with drainer unit, electric oven, electric hob, extractor fan, laminated flooring and power points.
FIRST FLOOR LANDING
Power points.
BEDROOM ONE- 11'8 (3.57m) x 13'0 (3.97m)
Sash window to the front aspect, stairs leading up to the loft space, radiator and power points.
BEDROOM TWO- 10'3 (3.14m) x 9'4 (2.87m)
Window to the rear aspect, radiator and power points.
BATHROOM- 9'11 (3.04m) x 6'11 (2.13m)
Opaque window to the rear aspect, three piece bathroom suite comprising:- low flush WC, sink with pedestal and vanity surround, panelled bath with over head shower attachment and mixer taps, vinyl flooring, heated towel rail and shaving point.
SECOND FLOOR
LOFT SPACE- 12'7 (3.85m) x 11'5 (3.50m)
Well proportioned loft space currently used as a third bedroom with velux window to the rear, panelled wall, built in storage cupboard, radiator and power points.
GARDEN
To the rear of the property there is a fully enclosed courtyard, outside tap, side gates, two outbuildings which provide extra storage space and both having new roofs as well as plumbing for a washing machine and power.
PARKING
On street parking.
SERVICES
Understood to all be 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 'A'.
EPC- D
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.
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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