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The property briefly comprises:- entrance hall, lounge, kitchen, two double bedrooms, bathroom, detached single garage, large garden to the rear and ample off street parking.
LOCATION
Situated within the village of Beeford with local amenities such as general store, post office, doctors surgery, Church, primary school, playing fields, fish & chip shop, Chinese restaurant and a public house. Further amenities within the neighbouring towns of both Bridlington and Driffield and is also easily commutable to Beverley and Hull.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL
Door to the side aspect, coving, built in storage cupboard, wall mounted electric storage heater, fitted carpets and power points.
LOUNGE- 18'4 (5.61m) x 10'0 (3.06m)
Spacious and bright lounge with large bay window to the front aspect, coving, open fire with brick surround and tiled hearth, wall mounted electric storage heater, TV point and power points.
KITCHEN- 11'0 (3.36m) x 8'8 (2.64m)
Window to the front aspect, tiled splash back, a range of wall and base units, sink with drainer unit, space for fridge/freezer, space for additional white goods, free standing electric oven and hob, laminated flooring, wall mounted electric storage heater and power points.
BEDROOM ONE- 13'6 (4.13m) x 10'0 (3.06m)
Window to the rear aspect, coving, fitted carpets, wall mounted electric heaters and power points.
BEDROOM TWO- 8'4 (2.55m) x 8'7 (2.63m)
Window to the rear aspect, coving, fitted carpets and power points.
BATHROOM- 6'9 (2.07m) x 5'5 (1.67m)
Opaque window to the side aspect, coving, partially tiled walls, three piece bathroom suite comprises:- low flush WC, sink with pedestal, panelled bath, fitted carpets and extractor fan.
GARDEN
East facing garden which is mainly laid to lawn, planted shrub and flower borders, planted trees, hedge to the rear, picket fencing and access to the driveway which is gravelled. There is also a garden to the front aspect which is laid to lawn.
GARAGE- 16'10 (5.15m) x 8'4 (2.55m)
Single garage with up and over door, side pedstrian door and window, power and lighting.
PARKING
Off street parking for multiple cars.
SERVICES
Electric heating, mains water 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- TBC
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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