Elm Haven is a three-bedroom detached bungalow that has been unoccupied for several years and would now benefit from some minor renovation work. The gas centrally heated and double-glazed property has been partly modernised and extended in the past decade and provides characterful accommodation that stands on a good sized plot. The property will appeal to anyone looking to retire to the East Coast or as a holiday home.
Location
Holmpton is a small East Coast village which is located approximately three miles south of Withernsea on the unclassified road to Easington. The village has a parish population of 228 (2011 UK census) and is characterised by its wide spread tree cover unique to this part of Holderness. The main village centre is protected by conservation area and the village features a grade 2 listed church, the church of St. Nicholas which was built in 1832.
Accommodation
Kitchen
Fitted with a good range of modern units including a Belfast sink, base, wall and drawer units, Rangemaster double oven and five ring gas hob with extractor canopy over, stone tiled floor, dining area, doublle radiator, French doors to the garden and a log burner.
Utility room
With Belfast sink, siingle radiator, plumbing for an automatic washing machine, stone floor and storage cupboard.
Living Room
With a log burner set in a rustic fireplace, alcove cupboard housing the gas central heating boiler, double radiator and TV aerial point.
Bathroom
With a three-piece white suite including a panel bath with mixer tap, hand shower attachment and screen over, low level WC and pedestal wash hand basin. Ceramic tiled floor, fully tiled walls and chrome heated towel rail.
Inner Hall
With fitted cupboards to one wall
Rear lobby
With single radiator and rear entrance door.
Bedroom One
With a single radiator.
Bedroom Two
With a double radiator.
Bedroom Three
With a double radiator.
Outside
The property benefits from two drives that provide off-street parking for several vehicles. To the rear is a large area of private gardens housing several sheds and a summerhouse.
Services
Understood to be connected to the main electric and water but the services have not been tested. Drainage is to a septic tank. The gas is from an LPG supply.
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 A.
Viewing
Strictly by appointment with the Auctioneers on 0845 400 9900
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 22nd January 2024 and closing on Wednesday 24th January 2024 at 1.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of £750 (£625 plus VAT) and a buyer’s premium of £480 (£400 plus VAT) in addition to the purchase price of the property.
Guide Price
Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Online bidding
If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
Tenure : Freehold
Council Tax Band : A
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 |
© 2025 Dee Atkinson & Harrison, All Rights Reserved.
