The property brefly comprises:- entrance into the kitchen, open plan lounge/dining room, first floor landing with two double bedroom, bathroom, rear garden and off street parking.
LOCATION
Located between the villages of Wansford and North Frodingham, approximately 4 miles south-east of Driffield. Wansford is a particularly desirable East Yorkshire village within easy reach of Beverley, Hull, and Driffield itself. Driffield, Beverley and Bridlington offer excellent shopping facilities including national stores such as W H Smiths, Boots, Tesco’s, Morrisons, Aldi, Lidl and Iceland Foods, to name but a few.
THE ACCOMMODATION COMPRISES:-
ENTRANCE TO:
KITCHEN- 9'11 (3.03m) x 13'3 (4.04m)
Fitted with a good range of modern kitchen units including base and wall cupboards, electric single oven and grill, four ring electric hob, Belfast sink, plumbing for an automatic washing machine and dishwasher, rear entrance door. In brief, it comprises a living room and kitchen on the ground floor, and two double bedrooms and a bathroom on the first floor.
LIVING / DINING ROOM- 19'2 (5.85m) x 13'1 (3.99m)
With a Multi-fuel burner set in a rustic brick fireplace, TV aerial point, wooden flooring, and staircase leading off.
FIRST FLOOR LANDING- 7'3 (2.23m) x 3'3 (1.01m)
Fitted carpets.
BEDROOM ONE- 11'5 (3.50m) x 13'4 (4.08m)
With wooden floor and vertical blinds to the window.
BEDROOM TWO- 9'10 (3.02m) x 13'3 (4.04m)
With wooden floor and vertical blinds to the window.
BATHROOM- 7'9 (2.36m) x 6'8 (2.05m)
With a white three-piece suite including an encased bath, pedestal wash hand basin, and low-level WC. Fully tiled walls.
GARDEN
To the rear is a fully enclosed area of mainly lawned garden together with a paved patio. There is also a coal bunker and timber garden shed.
PARKING
To the side and the front of the property is an off-street parking space.
SERVICES
Understood to be connected to mains electricity, drainage and water. New electric heating system was installed in June 2024 with a 10 year warrenty certificate. The services have not been tested.
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 A.
EPC- D
VIEWING
Strictly by appointment through the sole agents on 01377 241919.
Tenure : Freehold
Council Tax Band : A
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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