This two bedroom mid-terraced property has been recently refurbished to a high standard and would be perfect for first time buyers, downsizers and potential investors looking to add to their portfolio. The property briefly consists of:- living room, kitchen, to the first floor is two double bedrooms and a family bathroom, outside there is a courtyard garden and parking to the rear.
LOCATION
The property is located on Marin Court which is off Waterside Road in Beverley, the front of the property is right along the popular and picturesque Beverley Beck. The home is also just over a mile away from Beverley Town Centre where Saturday Market square is surrounded by Georgian buildings providing a wide range of shops, and also bars, cafes and eateries. Beverley also has a wide range of sports and recreational facilities, bus and rail travel, and bordering common pastures know as the Westwood – home to golf and horse racing courses.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Living Room: Double glazed window to front aspect, laminate flooring, stairs leading to first floor, gas fire with granite hearth, under stairs storage cupboard and a radiator.
Kitchen: Double glazed window to rear aspect, door leading to the garden, tiled flooring, range of wall and base units, tiled splashback, stainless steel sink with mixer tap, space for undercounter washing machine and a range of integrated appliances including gas hob with extractor over. fridge freezer.
FIRST FLOOR
Landing: Carpet flooring and provides access to the bedrooms and bathroom.
Bedroom One: Double glazed window to rear elevation, laminate flooring, and a radiator.
Bedroom Two: Double glazed window to front elevation, carpet flooring and a radiator.
Bathroom: White three piece suite comprising of panelled bath with shower over, low level w.c, pedestal sink, partially tiled walls, laminate flooring and a radiator.
Outside: The front of the property enjoys open views of the Beverley Beck, to the rear of the property is a low maintenance paved garden with fenced borders and a gate leading to the rear parking area. The property benefits from a dedicated parking space.
Heating and Insulation: The property has gas-fired radiator central heating and includes uPVC double glazed windows.
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 'B' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
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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