Brought to the market with the benefit of NO ONWARD CHAIN, Laurel Cottage is a three bedroom mid terrace located in the quiet village of Langtoft. Move in ready, this property is neutrally decorated throughout to provide a blank canvas for you to personalise and put your own touch on it. With off street parking and open plan living downstairs, this home provides a warm welcome the moment you step through the door.
The property briefly comprises:- entrance hall, cloakroom, open plan lounge/dining area and kitchen, first floor landing with three bedrooms, family bathroom and garden to the rear.
LOCATION
Located in a quiet part of the popular Wolds Village of Langtoft which itself is approximately 6 miles from the market town of Driffield and within easy commuting distance of Bridlington, Scarborough, Beverley and Malton.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 9'4 (2.87m) x 5'6 (1.69m)
Door to the front aspect, stairs leading to the first floor landing, understairs cupboard, fitted carpets, radiator, telephone point and power points.
CLOAKROOM- 3'0 (0.93m) x 6'3 (1.91m)
Low flush WC, wall mounted sink, vinyl flooring, radiator and extractor fan.
LOUNGE/DINING AREA- 19'3 (5.88m) x 9'4 (2.87m)
Light and bright lounge/dining space with window to the front aspect, french doors to the rear leading out to the garden, log burner with slate hearth and rustic wooden mantle piece, fitted carpets, radiator, TV points and power points.
KITCHEN- 9'6 (2.90m) x 8'6 (2.60m)
Window to the rear aspect, a range of wall and base units, tiled splash back, sink with drainer unit, integrated dishwasher, plumbing for washing machine, space for additional white goods, space for fridge/freezer, eye-level double oven, electric hob, extractor hood, tiled flooring and power points.
FIRST FLOOR LANDING
Double windows to the front aspect, fitted carpets and power points.
BEDROOM ONE- 11'9 (3.60m) x 9'3 (2.83m)
Window to the rear aspect, fitted carpets, radiator and power points.
BEDROOM TWO- 7'0 (2.15m) x 9'4 (2.85m)
Window to the front aspect, fitted shelves, fitted carpets, radiator and power points.
BEDROOM THREE- 6'10 (2.10m) x 8'5 (2.58m)
Window to the rear aspect, fitted carpets, radiator and power points.
BATHROOM- 5'7 (1.72m) x 5'7 (1.72m)
Opaque window to the front aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal and tiled splash back, panelled bath with over head shower attachment, vinyl flooring, radiator and extractor fan.
GARDEN
East facing garden which is easily maintainable with patio and gravelled area, timber storage shed, gate to the rear which leads to a shared walk way and allocated parking bays. There is a small front garden which is paved with planted flowers, brick wall and gate.
PARKING
One allocated off street parking bay.
SERVICES
Oil fired central heating, mains water, electric and sewerage.
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.
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 : 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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