A modernised 2 double bedroom period terrace house in this highly sought after and very central Beverley street. The property underwent an extensive programme of refurbishment after the current owner bought it in 2022 and it now offers comfortable and stylish living and bedroom space.
The property ls likely to be of particular interest to first time buyers, investors and downsizers. With gas fired central heating and extensive uPVC double glazing it comprises: Living Room/Study with exposed brick chimney breast, a further Living Room opening on to a very attractively fitted full width Kitchen with an extensive range of integrated appliances including washing machine, dishwasher, fridge freezer, oven, hob and extractor canopy. The units are Shaker style in deep blue and topped with granite work surfaces and a breakfast bar. There is a rear entrance hall and a Shower Room with a modern white suite and marble style tiles to the walls and floor. To the first floor are two Double Bedrooms both with period style fireplaces. There is a garden to the rear which is westerly facing and has a paved patio, an area of synthetic grass and fencing to perimeters. There is on street permit parking. A really lovely property, with a superb kitchen space and in a great location. An early internal inspection is highly recommended.
LOCATION
The house is located on Regent Street close to Beverley town centre and the famous Minster. It’s a no through road so a quiet location given how central it is. It also means there tends to be less demand for the on street permit parking which is available on both sides of the street for much of its length. Its proximity to the town centre means an extensive range of shops and local amenities including a railway station, cinema and leisure centre are all within walking distance.
ACCOMMODATION
Living Room/Study
Living Room - opening onto the...
Kitchen - a full width and attractive kitchen with granite work surfaces and an extensive range of integral appliances.
Rear Entrance Hall
Shower Room - attractively fitted with a modern white suite.
2 Double Bedrooms - both with period style fireplaces.
Rear Garden - beyond which there is a tenfoot providing access for the bins.
Heating and Insulation: The property has uPVC double glazing and gas fired radiator central heating.
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.
Viewing: Strictly by appointment with the agents Beverley office. Telephone: 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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