This end of terrace house is set on the edge of a modern development but fronts the main street scene of the village and enjoys a degree of individuallity in its setting. The property provides a traditional layout of three bedroomed accommodation which offers scope for a programme of light modernisation to improve the interior finishes and create a lovely family home which is a reasonable walking distance from a range of village amenities. A garden to the rear includes a good sized brick garage and driveway.
LOCATION
The property is within the conservation area of the attractive village of Cherry Burton, which provides a primary school, shop and public house, all located along the Main Street. It is around three miles via the B1248 (with an independent cycle path) to the centre of the popular and thriving Market Town of Beverley, with its historic Minster, a wide range of shops, restaurants and cafes as well as senior schools, sports and leisure facilities. The city and port of Hull are a further eight miles to the south and the A1079 road runs to the south west of the village to York (about 30 minutes away). It is about 14 miles to the M62.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hall: Radiator and ceiling coving.
Lounge: Features a wall mounted coal-effect gas fire. Radiator and ceiling coving. An archway leads to:
Dining Area: Patio doors to rear garden. Radiator and ceiling coving.
Kitchen: Fitted with a contemporary range of base and wall cabinets including laminate worktops and splashbacks. Integral electric oven, hob, cooker hood and dishwasher. Positions for fridge freezer and plumbed automatic washing machine. Wall mounted gas boiler.
FIRST FLOOR
Landing: Airing cupboard with hot water tank (fitted electric immersion heater).
Bedroom One: Radiator and ceiling coving.
Bedroom Two: Radiator and ceiling coving.
Bedroom Three: Radiator.
Bathroom: Suite comprises a panelled bath, wash-hand basin and toilet. Tiled walls and radiator.
EXTERNAL
The property has a shallow paved forecourt and side pathway leading to the rear garden comprising a paved patio, lawn and borders.
Semi-detached Garage (5.61m x 2.47m / 18'4" x 8'10"): Of brick and tile construction with up-and-over door, personal door and electricity supplied. Tarmac approach drive suitable for one car (accessed off Canada Drive).
Heating and Insulation: The house has gas-fired radiator central heating and uPVC double glazing.
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 'C'.
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
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 |
© 2023 Dee Atkinson & Harrison, All Rights Reserved.
