This mid-terrace property is situated in an established residential area, close to local amenities and a short distance from the Town Centre. Accomodation comprising of living room, kitchen, ground floor bathroom/toilet, and two double bedrooms to the first floor. The property also has a lawned garden with views of The Minster. Gas central heating and uPVC double glazing.
LOCATION:
The property is located on Beaver Road in Beverley, which is around a ten minute walk from the Beverley town centre which contains a variety of shops, cafes, bars and the local railway station. Beverley's other many facilities include good schools, a theatre, sports and recreation clubs including golf and horse racing on the Westwood common pastures.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Living Room: Double glazed bay window to the front, carpet flooring and a radiator.
Hall: Vinyl flooring and stairs leading to the first floor.
Kitchen: Double glazed window to the rear, wall and base units, gas hob/oven, stainless steel sink, splashback, storage cupboard and a radiator.
Utility: Double glazed window to side, carpet flooring and a radiator.
Rear Hall: Carpet flooring door to garden and a storage cupboard.
Bathroom: Double glazed obscured window to side, panelled bath with shower over, toilet, pedestal sink and vinyl flooring.
FIRST FLOOR
Bedroom One: Double glazed window to front elevation, storage cupboard, carpet flooring and a radiator.
Bedroom Two: Double glazed window to rear elevation, storage cupboard, carpet flooring and a radiator.
EXTERNAL
Front: To the front is a small paved garden with fenced borders and an access gate.
Rear: To the rear is a partially lawned garden, with fenced and hedge borders.
Heating and Insulation: The property 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 'A'.
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
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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