A 3 bedroom semi detached property occupying a corner plot on this popular residential street. A feature of particular note is the large rear garden. The property requires significant updating but represents a great opportunity to update and make your own. This traditional semi detached house enjoys good access to Beverley town centre and the railway station.
The accommodation comprises: Entrance Hall, through Living Room, Kitchen, 2 Double Bedrooms, 3rd Bedroom and Bathroom. There is small garden area to the front and a large garden to the rear. There may be an opportunity to extend the house, subject to necessary permissions. The property is likely to require extensive updating to include rewiring, a new central heating system, windows, new kitchen, new bathroom and redecorating throughout. There is currently no gas to the property but there is to the street.
LOCATION
Cherry Garth is a horseshoe shaped street off Cherry Tree Lane. It therefore provides good access to Beverley town centre with its extensive range of amenities and Beverley railway station.
ACCOMMODATION
Entrance Hall
Living Room - A through room with patio doors opening onto the rear garden.
Kitchen
Landing
2 Double Bedrooms
1 Single Bedroom
Bathroom
Front Garden - small
Rear Garden - large
Heating and Insulation: The property currently does not have central heating and the windows are single glazed.
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 B (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agents 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 |
© 2025 Dee Atkinson & Harrison, All Rights Reserved.
