A modern 2 double bedroom semi-detached house on this well regarded Beverley development. The house is in great condition and would make a lovely first time buy, investment opportunity or home for someone downsizing.
With gas fired central heating and double glazing the accommodation comprises: Entrance Hall, Living Room, WC, Dining Kitchen with a range of modern white fitted units and appliances including oven, hob, extractor canopy, dishwasher and fridge freezer. To the first floor are two Double Bedrooms and a modern Bathroom with white suite and a shower over the bath. There is an open plan lawned garden to the front of the house and a driveway providing off-street parking. To the rear of the house there is a lawned garden with a paved patio, timber fencing to perimeters and a gate providing access to the front of the property. A really lovely property with appealing proportions and in great condition.
LOCATION
The property is located on a well regarded modern development in Molescroft on the north-west side of Beverley. It provides good access to Beverley town centre and the wider road network via the nearby A1035. There are a number of local shops in nearby Molescroft plus a range of other amenities which are supplemented by the extensive range in Beverley town centre.
ACCOMMODATION
Entrance Hall
Living Room - 4.5m long
Dining Kitchen - fitted with a range of modern white units and integral appliances
WC
First Floor Landing
2 Double Bedrooms
Bathroom - with modern white suite
Front Garden
Driveway providing off-street parking
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 ‘B' (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 : 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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