A two bedroom period mid terraced house in this central Beverley location very close to the Minster and enjoying views to the front over Hall Garth, a historic monument.
The property retains some period features including a fabulous cast iron range in the rear reception room but is ready for some cosmetic upgrading. There are some indications of damp in areas of the ground floor that may need management or treatment. The property is gas centrally heated and has double glazed sash style windows in many rooms.
The property briefly comprises: Living and Dining Rooms, a Breakfast Area that may provide a study space leading to a fitted Kitchen and then a WC Cloaks. To the first floor are 2 Double Bedrooms, both with period style fireplaces, and a Bathroom leading off the rear bedroom. There is a rear yard.
Hallgarth is the site of the moated medieval residence of the Bishop of York and a scheduled ancient monument. It is used as pasture for cattle during the appropriate season and is fenced off with a low level fence. It is a very tranquil outlook amongst the hustle and bustle of Beverley and we are sure it will be of particular appeal to any purchaser.
ACCOMMODATION
Living Room
Dining Room - with period cast iron range.
Breakfast Room - possibly a useful study space.
Kitchen
WC Cloaks
First Floor Landing
Bedroom 1
Bedroom 2
Bathroom - with shower over the bath.
Heating and Insulation: The property has gas fired radiator central heating and double glazed windows in many rooms.
Services: All mains services are connected to the property. None of the services or installations have been tested.
Council Tax: Council Tax is payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band B (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewing: Strictly by appointment with the agents Beverley office. Telephone: 01482 866844.
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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