Pinfold is a four-bedroom detached house that stands on a slightly elevated and good-sized plot within the extremely popular Wolds village of Huggate. The property offers anyone looking for a family home the perfect opportunity to create something that is tailored to their individual needs. The size of the plot lends itself to the creation of an extension to the existing property (subject to planning consent) and the general need for internal updating means you are not paying for someone elses taste! Basically, it is a blank canvas waiting to be transformed!
Location
This unspoilt village is popular due to its easy commute to the City of York and the towns of Pocklington, Driffield, and Beverley. The village has a popular pub, and a full range of amenities are available in the aforementioned nearby towns.
Accommodation
Ground Floor
Entrance Porch
Entrance Hall
With a double radiator and under-stairs cupboard.
Living Room
With an electric fire set in a traditional fireplace, bay window, two wall light points, double radiator, coving to the ceiling and TV aerial point.
Sitting Room
With an electric fire set in a traditional fireplace, double radiator, coving to the ceiling and TV aerial point.
Kitchen
Fitted with a range of base and wall units, stainless steel sink, two oven cream AGA, coving to the ceiling, plumbing for a washing machine or dishwasher.
Dining Room
With side bay window and double radiator.
Rear Hall
With ceramic tile floor, doors to both sides.
Pantry
With ceramic tiled floor.
Utility room
With oven and shelving
Wetroom
With electric shower and wet panelled walls.
On the First Floor
Landing
Bedroom One
Fitted wardrobes provide hanging and storage space, fitted drawers and a knee-hole dressing table. Double radiator.
Bedroom Two
With double radiator and access to the roof space.
Bedroom Three
With a single radiator and views over the neighbouring fields.
Bedroom Four
With a single radiator, fitted wall and base cupboard.
Bathroom
With pink suite including an encased bath, pedestal wash hand basin and low level WC. Heated towel rail, airing cupboard housing the hot water tank, ceramic tiled floor and fully tiled walls.
Outside
The property enjoys generous sized gardens to the front, side and rear.
Additional Garden Land
An additional area of land shown edged in green on the included plan will be available for a purchaser to buy by separate negotiation.
Services
Mains water, electricity and drainage are all connected to the property but have not been tested. The property benefits from oil fired central heating.
Tenure
Freehold with vacant possession upon completion.
Viewing
Strictly by appointment with the auctioneers on 0845 400 9900
Solicitors
Sally Robinson Tel: 01423 368288 sally.robinson@tglpsolicitors.co.uk
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 20th May 2024 and closing on Wednesday 22nd May at 1.00pm. For further legal information relating to this lot please go 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 online at auctionhouse.co.uk/hullandeastyorkshire, before the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT and a buyer’s premium of £600 (£500 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 before 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
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 |
© 2024 Dee Atkinson & Harrison, All Rights Reserved.
