
The property briefly comprises:- entrance hall, kitchen, lounge/dining area, conservatory, first floor landing, three bedrooms one with en-suite, family bathroom, front and rear garden 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
Door to the front aspect, stairs leading to the first floor landing, understairs cupboard, laminated flooring and power points.
KITCHEN- 11'4 (3.46m) x 9'8 (2.96m)
Window to the side and rear aspect, serving hatch to the side aspect, oil fired boiler, a range of wall and base units, tiled splash back, sink with drainer unit, plumbing for washing machine, plumbing for dishwasher, space for fridge/freezer, Leaisure Range Cooker, extractor hood, laminated flooring and power points.
LOUNGE/DINING AREA- 11'3 (3.45m) x 13'5 (4.11m) / 11'9 (3.60m) x 9'11 (3.05m)
Window to the front aspect, double doors to the rear leading out to the conservatory, electric fire with marble hearth and wooden surround, fitted carpets, radiator, TV point, telephone point and power points.
CONSERVATORY- 8'6 (2.61m) x 13'10 (4.22m)
Double doors to the rear aspect, windows to all three sides, laminated flooring and power points.
FIRST FLOOR LANDING
Window to the side aspect, fitted carpets, power point and loft access.
BEDROOM ONE- 11'2 (3.41m) x 12'11 (3.96m)
Window to the rear aspect, fitted wardrobes with sliding doors, fitted carpets, radiator, TV point and power points.
EN-SUITE- 5'2 (1.58m) x 6'8 (2.06m)
Opaque window to the rear aspect, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, fully tiled shower cubicle, heated towel rail, tiled flooring and extractor fan.
BEDROOM TWO- 11'3 (3.45m) x 9'10 (3.00m)
Window to the front aspect, fitted carpets, radiator and power points.
BEDROOM THREE- 7'8 (2.34m) x 9'10 (3.00m)
Window to the front aspect, fitted carpets, radiator and power points.
BATHROOM- 5'11 (1.82m) x 6'9 (2.07m)
Opaque window to the side aspect, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, free standing back to wall bath, tiled flooring, heated towel rail and extractor fan.
GARDEN
A south facing garden that overlooks the tranquil open countryside. Mainly laid to lawn with a fabulous decking area ideal for enjoying a morning coffee or entertaining in the evening. The outside storage shed has power and lighting, there is an outside tap and a side access gated access from the driveway.
PARKING
Off street parking for two cars.
SERVICES
Oil fired central heating, septic tank, mains water and electric.
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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