Newly converted, 8 Church Row has undergone a substantial renovation and restoration to create a characterful and impeccably presented two bedroom mid terrace. Benefiting from high quality fixtures and fittings, everything put into this property has been carefully thought about to utilise all the space provided and to create a cosy atmosphere. The property is located in a small rural village surrounded by the open countryside.
The property briefly comprises:- entrance straight into the lounge, kitchen, first floor landing with two bedrooms, shower room, rear garden and off street parking. There is also a paddock which is seperatley set back from the property.
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:-
LOUNGE- 11'4 (3.46m) x 10'10 (3.31m)
Window and door to the front aspect, exposed beams, exposed brick chimney breast with multi-fuel log burner and brick hearth, understairs cupboard with lighting, engineered oak flooring, electric radiator, TV point and power points.
KITCHEN- 13'2 (4.04m) x 10'6 (3.22m)
Window and door to the rear aspect, exposed beams, tiled splash back, a range of wall and base units, wooden worktops, belfast sink, plumbing for washing machine, space for fridge/freezer, feature chimney breast with exposed brick surrounding the electric oven and hob, engineered oak flooring, electric radiator and power points.
FIRST FLOOR LANDING
Fitted carpets and access to the loft.
BEDROOM ONE- 11'8 (3.56m) x 10'11 (3.35m)
Light and bright double bedroom with window to the front aspect, exposed brick fireplace with electric log burner, fitted carpets, electric radiator and power points.
BEDROOM TWO- 6'5 (1.96m) x 10'1 (3.08m)
Window to the rear aspect, fitted carpets, electric heating and power points.
BATHROOM- 6'5 (1.97m) x 6'3 (1.93m)
Three piece bathroom suite comprising:- low flush WC, sink with vanity unit and tiled splash back, walk in fully tiled shower cubicle, built in storage cupboard, electric towel rail and vinyl flooring.
REAR GARDEN
Well presented fully secure rear garden/yard which is easily maintainable with gravelled area, west facing and gate to the rear to access an additional portion of garden. There is shared access with the other neighbouring properties.
PADDOCK
To the rear of the property there is a path way leading down to a grass paddock which expands to 0.2 acres. The paddock is fenced and includes a range of mature trees. There is an option to purchase the property without the paddock, please speak with the agents for further details.
PARKING
On street parking.
SERVICES
Electric heaters, septic tank and mains water.
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 'TBC'.
EPC- D
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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