The property briefly comprises:- entrance hall, lounge, kitchen, conservatory, two bedrooms, shower room, rear garden, single garage and off street parking.
LOCATION
Driffield is a traditional established market town which earned its title as Capital of the Wolds by virtue of its central position within the county. The larger towns of Bridlington, Beverley and Malton and cities of York and Hull are within easy travelling distance either by road, rail or bus.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 10'3 (3.14m) x 2'10 (0.89m)
Door to the front aspect, coving, fitted carpets, radiator and power points. There is also access to the loft.
LOUNGE- 10'6 (3.22m) x 13'9 (4.21m)
Spacious lounge with French doors to the rear aspect, coving, electric fireplace with marble hearth and surround, fitted carpets, radiator, TV point and power points.
KITCHEN- 6'9 (2.07m) x 7'5 (2.27m)
Window to the front aspect, wall mounted gas combi boiler, tiled splash back, a range of wall and base units, sink with drainer unit, plumbing for washing machine, electric oven, gas hob, extractor hood, laminated flooring and power points.
CONSERVATORY- 11'1 (3.39m) x 8'4 (2.55m)
Lovely addition to the property with French doors to the side aspect, windows to all three sides, laminated flooring, radiator and power points.
BEDROOM ONE- 10'6 (3.21m) x 10'0 (3.06m)
Double bedroom with window to the rear aspect, coving, a range of fitted wardrobes, fitted carpets, radiator, TV point and power points.
BEDROOM TWO- 8'9 (2.67m) x 8'7 (2.63m)
Window to the front aspect, coving, fitted carpets, radiator, TV point and power points.
SHOWER ROOM- 6'9 (2.06m) x 5'10 (1.79m)
Opaque window to the front aspect, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, fully tiled shower cubicle, tiled flooring, radiator and electric towel rail, extractor fan and shaving point.
GARDEN
Low maintenance South facing garden which is mainly laid with patio, a range of mature shurbs and flowers, garden shed, timber fencing and side gated access.
GARAGE- 9'0 (2.75m) x 17'3 (5.27m)
Single garage with up and over door, opaque window to the rear aspect, power and lighting.
PARKING
Off street parking.
SERVICES
Understood to all be connected to mains. Mains gas, water and electric.
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 'B'.
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
Council Tax Band : B
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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