A stylish 3 bedroom 3 storey Georgian town house in this very central Beverley location forming part of the Guildhall Conservation area. The property forms part of a gently curving terrace of cottages on the southern side of the street. Situated just off the main shopping thoroughfare of Toll Gavel the location provides superb access to all that Beverley has to offer. The street is a no through road and is pedestrianised for the most part making it surprisingly quiet with nearly all traffic being on foot.
With a spacious 22 ft living room the property also provides two double bedrooms and a further decent sized single that is currently used a study. There may be potential for extension to the rear as adjacent properties have done and possibly even to first floor level (subject to necessary permissions) or just moving the bathroom to what is currently the study. The property is gas centrally heated and has replacement uPVC sash style windows to the front elevation as well as regular uPVC windows elsewhere.
In full the accommodation comprises a large living room with a part glass brick wall providing screening from the street. It also features a timber floor and retro wall mounted gas fire. A fitted kitchen is part separated from the living room with a further glass brick wall and provides a range of fitted units, 5 ring gas hob, electric oven and wine fridge. There is a useful utility room with space for laundry appliances and fridge freezer. A ground floor bathroom with shower over the bath completes the ground floor accommodation. To the first floor is a double bedroom to the front of the house and a further bedroom with an attractive feature area of exposed brick. There is a further double bedroom to the second floor with an exposed brick chimney breast. There is a town garden to the rear with brick wall to the majority of perimeters and a right of way across the neighbouring gardens for removal of garden waste etc.
Residential parking permits are available for central Beverley.
LOCATION
Located in the Guildhall Conservation area, Landress Lane is at the heart of Beverley. With plenty of coffee shops, restaurants and other facilities just yards away these properties appeal to those looking to be at the heart of all Beverley offers.
ACCOMMODATION
Living Room
Fitted Kitchen
Utility Room
Bathroom
2 Double Bedrooms
Single Bedroom
Rear Garden
Heating and Insulation: The property has gas fired central heating and uPVC double glazing.
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.
Tenure : Freehold
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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