The property briefly comprises:- entrance hall, kitchen/dining room, utility room, lounge, first floor landing with two double bedrooms and shower room. There is a rear garden, garage and off street parking.
LOCATION
The pictureque village of Wold Newton lies deep within the beautiful Wolds countryside and is built around the village green and pond. The village is conveniently situated between Scarborough and Driffield also offering easy access to the east coast towns of Bridlington and Filey. The village enjoys the benefit of a well regarded infant school and public house.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 4'3 (1.31m) x 4'1 (1.24m)
Door to the front aspect, fitted carpets and radiator.
KITCHEN/DINING ROOM- 11'3 (3.44m) x 13'0 (3.97m)
Beautifully appointed farm house style kitchen with window to the front aspect, exposed beams, log burning stove with stone hearth and wooden mantle piece, a range of wall and base units, tiled splash back, sink with drainer unit, built in wine rack, built in eye-level oven and microwave, electric hob, laminated flooring, radiator and power points.
UTILITY ROOM- 5'8 (1.74m) x 13'9 (4.21m)
Useful additional utlity space with door to the side aspect, window to the side and front aspect, tiled splash back, oil fired boiler, a range of wall and base units, integrated dishwasher which is brand new, integrated washing machine, intergrated fridge / freezer, laminated flooring, radiator and power points.
LOUNGE- 11'7 (3.55m) x 13'0 (3.98m)
Cosy living room with window to the front aspect, exposed beams, stairs leading to the first floor landing, log burning stove with exposed brick surround and slate hearth, built in cupboards and shelving, dado rail, panelled walls, fitted carpets, radiator, TV point and power points.
FIRST FLOOR LANDING- 5'3 (1.61m) x 4'4 (1.32m)
Window to the front aspect, built in cupboard with rail and shelving, fitted carpets, radiator and power point.
BEDROOM ONE- 13'0 (3.97m) x 13'7 (4.15m)
Spacious primary bedroom with window to the front aspect, fitted carpets, radiator and power points.
BEDROOM TWO- 12'0 (3.66m) x 8'0 (2.46m)
Another double bedroom with window to the side aspect, fitted carpets, radiator and power points.
SHOWER ROOM- 8'7 (2.63m) x 8'0 (2.46m)
Modern and tasteful shower room with window to the front aspect, tiled splash back, three piece bathroom suite comprising:- low flush WC, sink with mixer tap and vanity unit, walk in fully tiled shower cubicle, tiled flooring and radiator.
GARDEN
Easily maintainable garden which has been fully decked out. The vendors have made full use of the space to sit out and enjoy the afternoon sun. It is fully enclosed with timber fencing and gated access to the driveway.
GARAGE- 10'4 (3.17m) x 17'11 (5.46m)
Double doors to the front aspect, oil tank, power and lighting.
PARKING
Off street parking for two cars.
SERVICES
Oil fired central heating, septic tank and mains water.
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 'C'.
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 : C
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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