A modern detached bungalow providing well presented accommodation that includes a dining room as well as the 2 bedrooms. With a relatively private rear garden and a garage, it will appeal to a wide range of buyers.
The accommodation comprises: a spacious Entrance Hall, Living Room with sliding doors opening onto a Conservatory, a Dining Room and adjacent fitted Kitchen (that may offer an opportunity to combine the two to create a larger dining kitchen) with integral oven and hob. There are two Double Bedrooms and a Bathroom with P-shaped bath with a shower over it. The accommodation is modern and in a ‘move into’ condition. There are open plan lawned gardens to the front of the house, a driveway leads to a detached single brick built garage and there are further largely lawned gardens to the rear.
A really lovely bungalow and an early internal inspection is highly recommended.
LOCATION
The property is located in the sought after village of Leven which is located to the east of Beverley. The village provides an extensive range of amenities that many villages these days just can’t offer. These include a primary school, 2 pubs, a convenience store, butcher, hairdresser's, fish and chip shop, GP surgery, pharmacy and historic church. Nearby Beverley and Hornsea offer nearly everything else you might need.
ACCOMMODATION
Entrance Hall
Living Room
Conservatory
Dining Room
Fitted Kitchen
2 Double Bedrooms
Bathroom
Front and Rear Gardens
Driveway and Garage
Heating and Insulation: The property is heated by a brand new air source heat pump and has double glazing.
Services: Mains electricity, water and drainage 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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