Location
The village of Fraisthorpe is renowned for its wonderful beach, where a cafe is open throughout the year. Unlimited countryside walks are on the doorstep, and the towns of Bridlington, Hornsea, Driffield, and Beverley are all within easy reach.
Accommodation
Ground Floor
Entrance Porch
With composite double-glazed front entrance door and leaded effect side windows, wood panelling to two walls and a tiled floor.
Entrance Hall
With ceramic tiled floor, exposed beams to the ceiling, wall light point, delft rack, double radiator and understairs storage cupboard.
Living Room
With an open fire set in a rustic brick fireplace, TV aerial point, beams to the ceiling, wall light point and double radiator. The room opens into a dining area with wall light point.
Snug
With ornamental fireplace, alcove cupboard and shelving, laminate flooring, two wall light points and a single radiator.
Kitchen
Fitted with a range of modern shaker style kitchen units including base, wall and drawer units, twin bowl sink with mixer tap, freestanding cooker with extractor over, wall mounted gas central heating boiler, space for an American style fridge/freezer, inset ceiling spotlights, wood effect flooring and concealed worktop lighting.
Garden Room
With double doors to the garden, double radiator, atrium roof light and double doors opening to the patio.
Utility/WC
With low-level WC, vanity wash hand basin, chrome heated towel rail and plumbing for an automatic washing machine.
On the First Floor
Landing
With radiator and access to the roof space.
Bedroom One
With ornamental cast iron fireplace, single radiator, exposed pine floorboards and fitted wardrobes to one wall.
Bedroom Two
With single radiator and exposed pine floorboards.
Bedroom Three
With original cast iron fire grate and a single radiator.
Bathroom
The suite includes a five-piece bath, a separate large walk-in shower cubicle with an electric shower, a low-level WC, and twin vanity wash hand basins with matching vanity cupboards above. There is also a double radiator and half-height pine panelling to the walls.
Outside
The property stands on a good-sized plot and is well set back from the road behind a front garden that has been astroturfed for low maintenance. A private side drive provides ample off-street parking and also gives access to the detached single garage, with an up-and-over door, power, light, and side personal door.
To the rear is a large paved patio beyond which lies a well stocked West facing garden with land, borders, and a garden shed.
Services
The property is understood to be connected to mains water and electric. Heating is supplied by way of a LPG fired boiler and drainage is via a septic tank. None of the services have been tested. Fibre broadband is also connected.
Tenure
Freehold with vacant possession upon completion.
Viewing
Strictly by appointment with the sole agents on 01377 241919.
Council Tax
Council Tax is payable to East Riding of Yorkshire Council, with the property understood to be rated in Tax Band C.
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 stars by our fully verified clients.
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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