Offered to the market with no onward chain, 2 The Forge is a very well presented two bedroom end terrace. Situated in prime location in the centre of town close to all local amenities, this property has been very well cared for and would make a great starter home or investment. Having just undergone a spruce up with new carpets and full re-decoration, it is move in ready for any buyer to enjoy and make the house a home for them.
The property briefly comprises:- entrance hall, kitchen, large lounge/dining area, first floor landing, two double bedrooms, family bathroom, rear garden, garage and off street parking.
LOCATION
Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL - 7'9'' (2.38m) x 4'1'' (1.50m)
Door to the front aspect, built in storage cupboard, laminated flooring, radiator and power points.
KITCHEN - 7'9'' (2.38m) x 7'3'' (2.22m)
Window to the front aspect, wall mounted gas boiler, a range of wall and base units, tiled splash back, one and a half sink with drainer unit, integrated fridge/freezer, plumbing for washing machine, built in wine rack, electric oven, gas hob, extractor hood, laminated flooring and power points.
LOUNGE/DINING ROOM - 16'1'' (4.92m) x 12'6'' (3.82m)
Naturally light and cosy living space with vaulted ceiling, double French doors to the rear aspect leading out to the garden, stairs leading to the first floor landing, gas fireplace with marble hearth and wooden surround, fitted carpets, radiator, TV point and power points.
FIRST FLOOR LANDING - 5''3' (1.62m) x 3'1'' (0.96m)
BEDROOM ONE - 14'7'' (4.46m) x 8'10'' (2.70m)
Double bedroom with window to the front aspect, fitted carpets, radiator, TV point and power points.
BEDROOM TWO - 12'10'' (3.93m) x 6'9'' (2.06m)
A secondary double bedroom with window to the rear aspect, fitted carpets, radiator
BATHROOM - 7'10'' (2.39m) x 5'6'' (1.70m)
Spacious family bathroom with opaque window to the front aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath with overhead shower and glass shower screen, vinyl flooring, radiator, extractor fan and shaving point.
GARDEN
To the rear of the property, is a well proportioned south westerly facing garden which is perfect for entertaining and enjoying the summer sun. The garden is mainly laid to lawn with small patio area and access to the garage. This garden provides the perfect opportunity to create your own hidden oaisis or to keep it low maintenance. The garden is secure with timber fencing and walled to the rear.
GARAGE
Up and over door, power and lighting. The garage also houses the outside tap.
PARKING
Off street parking for two cars.
SERVICES
Understood to all be connected to mains.
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- TBC
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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