41 Eastgate South is a period property that has undergone significant renovation as part of the redevelopment of this site by a local award-winning builder. The property has been brought up to new build standards with energy-compliant windows and doors, increased insulation levels, new roof covering, electrical and plumbing systems, re-plastered throughout, and new internal fittings to all areas.
Fitted kitchen includes integrated appliances including a fridge freezer, dishwasher, oven, hob extractor, microwave, and additional space for a full-height freezer.
Hard landscaped garden and parking area for at least two cars at the rear of the property.
Location
Eastgate South is a popular and convenient location, being only a few minutes walk from the Town Centre and all main amenities.
Accommodation
Ground Floor
Entrance Hall
With radiator, smoke detector, under-stairs storage cupboard, thermostat for the central heating, staircase leading off and Oak doors leading to:
Living Room
With windows to the front and side, TV aerial point and radiator.
Kitchen
Fitted with a range of modern shaker-style kitchen units, including base, wall and drawer units with contrasting worktops and a host of integral appliances, including a fridge freezer, dishwasher, oven, ceramic hob, extractor canopy, microwave, and additional space for a full-height freezer. TV aerial point and power point for a wall-mounted TV, radiator and double French doors to the patio.
WC
With dual flush low-level WC, vanity wash hand basin, radiator, vanity mirror and extractor fan.
Utility Room
It has an inset sink, base, and wall unit, a wall-mounted gas-fired combination boiler, a radiator, and a rear entrance door.
First Floor
Landing
With radiator, access to the roof space, thermostat for the central heating, built in storage cupboard and make detector.
Bedroom One
With radiator TV aerial point and power point for a wall-mounted TV, and alcove for wardrobes.
En-suite Shower Room
With fully tiled shower cubicle, dual flush low level WC, vanity wash hand basin, illuminated vanity mirror, radiator and extractor fan.
Bedroom Two
With radiator TV aerial point and alcove for wardrobes.
Bedroom Three
With radiator.
Bathroom
With encased bath, independent shower and screen over, vanity wash hand basin with illuminated vanity mirror over, low-level WC with concealed cistern, radiator and extractor fan.
Outside
The property enjoys low-maintenance gardens to the rear, which have been hard landscaped with Indian stone paving. The garden is fully enclosed with quality fencing and features a small raised bed. Beyond the garden is a dedicated parking space for two large cars.
Tenure
Freehold with vacant possession upon completion
Services
All mains services are connected.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. The property is awaiting revaluation following refurbishment.
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
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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