
This period home has a lot to offer a family, having been modernised sympathetically, retaining original character whilst providing attractive contemporary features including an extended dining kitchen and bathrooms to both the ground and first floors. Alterations have also included a loft conversion and overall created a generous three bedroomed home with two traditional reception rooms. Outside the property has an extremely long rear garden which includes a good sized summerhouse set peacefully facing south into a quiet mature enclave at the bottom of the plot.
LOCATION
Grovehill Road is an established location to the east of Beverley town centre. The property is within about half a mile of some of the town's extensive amenities including shopping and leisure at the modern Flemingate complex, the railway station and sports centre. The historic town centre provides further individual and high street name retailers and a wide range of opportunities for eating and drinking out.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hall: Hardwood strip flooring, ceiling cornice and radiator.
Lounge: Bay window, ornate ceiling cornice and radiator. A cast iron fireplace has a quarry tile hearth.
Dining Room: An ornate wood burning stove is set within the brick chimney breast recess with tiled hearth. Quarry tile floor and radiator.
Dining Kitchen: The extended area of this room has four Velux roof windows and French doors opening to the rear. The kitchen space is equipped with a range of base and wall cabinets including worktops with a one and a half bowl single drainer sink. Gas Range cooker.
Utility Room: With a range of wall cupboards and plumbing for automatic washing machine.
Shower Room: With shower enclosure, wash-hand basin and low level toilet suite. Radiator and Velux roof window.
FIRST FLOOR
Landing: Door to attic staircase.
Bedroom One: Radiator.
Bedroom Two: Understairs cupboard and radiator.
Bathroom / WC: Includes a bath with mixer taps, shower attachment and splashback tiling. Pedestal wash-hand basin and low level toilet suite. Radiator and cupboard housing a gas boiler.
SECOND FLOOR
Radiator, rear Velux roof window and access to eaves storage.
OUTSIDE
A shallow forecourt includes shrubs and boundary hedge. At the rear of the property a concrete yard extends to a rear pedestrian access (shared with the neighbouring properties). Beyond is the long private garde, the first section extending to a timber shed. Behind this is a substantial timber summerhouse (4.24m x 3.02m / 13'9" x 9'9") with electricity connected and a south-facing canopy area over a deck. There is also water laid to this position. The summerhouse looks on to a final area of lawn which includes a number of fruit and specimen trees including a magnolia and is enclosed by mature hedgerow boundaries.
Heating and Insulation: The property has gas-fired radiator central heating and windows at the rear are double glazed in uPVC frames.
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 'B' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
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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