A two bedroom semi detached bungalow occupying an end of cul de sac location in this highly regarded village just north of Beverley. The property is likely to require some cosmetic updating by most purchasers but has a good sized living room, westerly facing rear garden and a detached garage.
With gas fired central heating and uPVC double glazing the accommodation comprises: Entrance Hall, Living Room with French windows to the garden, a Kitchen, two Bedrooms and a Bathroom. There is a lawned garden to the front of the property. A block paved driveway provides off street parking for a number of cars and leads to a single garage. A great opportunity to acquire an appealingly proportioned bungalow at a good price in this sought after village.
LOCATION
The property sits at the end of Percy Close, a cul de sac on the development within Leconfield. Leconfield has significant appeal given its proximity to Beverley and the regular buses that pass through it on their way to Beverley or Driffield.
ACCOMMODATION
Entrance Hall
Living Room - with French windows to the garden.
Kitchen - with a range of base and wall mounted units in white and a large window providing lots of light plus a further window to another aspect.
Bedroom 1 - a good sized double bedroom.
Bedroom 2 - a smaller double bedroom.
Bathroom - three piece suite in white comprising a panelled bath with shower attachment, low flush WC and wash hand basin with cupboard underneath.
OUTSIDE
There is a lawned garden to the front of the property. A block paved driveway provides off street parking for a number of vehicles and leads to a single garage with up and over door and a courtesy door to the side. There are further westerly facing gardens to the rear, largely paved for ease of maintenance, and with a greenhouse.
Heating and Insulation: The property has gas-fired radiator 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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