
DESCRIPTION
PART EXCHANGE AVAILABLE
This is the bungalow you've been looking for if you have a large family or lots of visitors to stay, the generous four double bedroomed accommodation having 3 bath/shower rooms and lovely open plan living space which allows you to spill out into the garden. A large adjacent reception hallway is a great space for a separate dining room. The versatility of the layout of the property could easily provide an independent suite of en-suite bedroom with sitting room which would have direct access to the garden. Quietly tucked away, within a short walk of local amenities, this property has a private enclosed garden and we recommend a visit to appreciate all that is on offer.
LOCATION
The property enjoys a secluded setting at the end of its own private drive off the north side of King Street. This is a short distance from the A1174 road into Hull, and a little over 1.5 miles from the centre of the popular market town of Beverley which provides excellent shopping and recreational facilities both in the historic Georgian quarter and recently developed Flemingate complex. The town also boasts popular schools, a good range of sports amenites, and a railway station. Hull city centre is about 7 miles to the south. Woodmansey has a local primary school, public house and convenience store.
THE ACCOMMODATION COMPRISES:
Dining / Reception Hall: Features three roof lights. Built-in shelved cupboard and two radiators.
Kitchen / Living Room: The kitchen area is appointed with a range of cream cabinets having woodblock worktops and including an island with Belfast sink and dish-washing machine. Rangemaster dual fuel cooking stove with extractor canopy above. Radiator. The living space has an electric fire, two radiators and bifold doors opening to:
Conservatory: French doors to garden.
Utility Room: Fitted with base and wall cabinets including worktops with one and a half bowl single drainer sink. Plumbing for automatic washing machine, tumble dryer space, wall mounted gas boiler and radiator.
Bedroom One: Fitted with a triple door sliderobe and radiator.
En Suite Shower Room: Fully tiled and including a walk-in shower enclosure with plumbed shower fitment, toilet suite and wash basin on a vanity unit. Heated towel rail. Gas water heater and electric fan heater.
Bedroom Two: Radiator.
Jack & Jill Shower Room: (Access also from hallway.) Includes shower enclosure with plumbed shower fitment, toilet suite and vanity wash basin. Full wall tiling with further storage cabinet and fan heater.
Bedroom Three: Radiator.
Bedroom Four: Built-in wardrobe with double doors, radiator and door to garden patio. A lobby between bedrooms three and four gives each room access to:
Bathroom: With full wall tiling and fitted with a walk-in shower enclosure with plumbed shower fitment. Double ended slipper bath, vanity sink, toilet suite and wall cabinet. Heated towel rail.
EXTERNAL
Driveway: The property is accessed over its own private driveway (which also gives access to the adjacent bungalow 3c King Street) and is entered through a pair of electrically operated gates behind which is a parking area for a number of vehicles.
Brick Garage (4.75m x 3.51m / 15'6" x 11'5"): With up-and-over door, personnel door, electric light and power. A lean-to timber shed stands to the rear.
Garden: The property has manageable and very private gardens which are enclosed by high fencing and a boundary planting of trees. There is an area of lawn and to the west side a patio and artificial grass section.
Heating and Insulation: The property has gas-fired radiator central heating and uPVC double glazing.
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 'D' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
Tenure : Freehold
Council Tax Band : D
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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