This property was originally a good sized true bungalow with two double bedrooms and a very versatile home has been created by the addition of a loft conversion which provides a master bedroom with en-suite shower room. The modern accommodation also includes a lounge and well appointed fitted kitchen. The property enjoys a quiet position in a small cul-de-sac of similar properties and has a well stocked south facing garden to the rear. A home suitable for couples and small families of all ages.
LOCATION
The property is situated within a small cul-de-sac off Old Road in Leconfield, a village approximately three miles north of the historic market town of Beverley where there is a wide range of shopping available, a multitude of restaurants and cafes, and both bus and rail travel links to Hull & York. Local village amenities include a primary school and sports and recreation club and there is a regular bus service on the A164 to Driffield, Beverley and on to Hull, and Bridlington on the coast.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Kitchen: Well appointed with modern cream base and wall cabinets including woodblock-effect worktops with a porcelain one and a half bowl single drainer sink. Integral electric oven, hob and cooker hood. Plumbing for dishwashing machine. Two radiators.
Inner Hallway: Radiator.
Lounge: Adam-style fire surround to an open grate fire. Radiator. Staircase leading off.
Bedroom Two: Includes a full-width range of fitted wardrobes, radiator and ceiling coving.
Bedroom Three: Radiator and ceiling coving.
Bathroom / WC: White suite includes a panelled bath with plumbed shower and splash screen fitment, toilet and wash-hand basin. Tiled walls with heated towel radiator.
FIRST FLOOR
Landing: Suitable as a small study area with Velux roof window.
Dressing Area: With eaves wardrobes.
Bedroom One: A generous room (currently containing both a double and single bed).
En Suite Shower Room: A quadrant shower enclosure with a plumbed fitting, toilet and vanity wash-hand basin. Splashback wall and floor tiling.
EXTERNAL
Garage (5.30m x 2.47m / 17'4" x 8'11"): Semi-detached brick construction with up-and-over door. Attached timber store. Front approach driveway.
Gardens: There is an open plan lawned front garden and at the rear of the property, facing roughly south, is a good-sized lawned garden with borders that are well stocked with shrubs and perennial plants. A covered seating area is positioned for the late afternoon sunshine.
Heating and Insulation: The property has gas-fired radiator central heating, uPVC double glazing and insulation to the wall cavities.
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 'C' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
Council Tax Band : C
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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