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The property briefly comprises:- entrance straight into the kitchen, hallway, lounge, two bedrooms, shower/wet room, rear garden, detached single garage and off street parking.
LOCATION
Wetwang is a conveniently located village standing on the A166 Driffield to York main road and offers a good range of local amenities including a public house, fish and chip shop, doctors surgery, modern Village Hall, and a primary school. The village is conveniently placed for access to the towns of Driffield, Malton, Beverley, and Pocklington as well as the Cities of York and Hull.
THE ACCOMMODATION COMPRISES:-
KITCHEN- 12'2 (3.72m) x 8'7 (2.62m)
Door to the side aspect, window to the front aspect, tiled splash back, a range of wall and base units, strip lighting, fitted shelving, one and a half bowl sink with drainer unit and mixer tap, plumbing for washing machine, space for fridge/freezer, electric oven, electric hob, extractor hood, laminated flooring, radiator and power points.
HALLWAY
Fitted storage cupboard, laminated flooring and access to the loft.
LOUNGE- 16'5 (5.02m) x 10'10 (3.32m)
Large window to the front aspect, dado rail, recently fitted log burner with slate hearth, laminated flooring, radiator, TV point and power points.
BEDROOM ONE- 11'2 (3.41m) x 10'4 (3.17m)
Window to the rear aspect, laminated flooring, radiator, TV point and power points.
BEDROOM TWO- 7'8 (2.35m) x 9'3 (2.84m)
Door and window to the rear aspect leading out to the garden, laminated flooring, radiator and power points.
SHOWER ROOM/WET ROOM- 7'6 (2.29m) x 5'6 (1.69m)
Opaque window to the side aspect, fully tiled walls, low flush WC, wall mounted sink, walk in shower with electric and power shower, vinyl flooring, radiator and extractor fan.
GARDEN
South facing garden which is mainly laid to lawn, brick raised area with pergola and decking, patio area, fully secured with timber fencing, storage shed and side gated access.
GARAGE- 15'6 (4.74m) x 8'2 (2.51m)
Up and over door, side pedestrian door, window to the rear, power and lighting.
PARKING
Off street parking.
SERVICES
Air source heat pump, mains water, electric and drainage. There is no gas to the property.
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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