
A pretty 3 bedroom semi detached cottage located in the centre of this highly regarded residential village east of Beverley. The property has been a much loved home over many years but areas will require updating for some. It offers 2 good sized reception rooms, a large dining kitchen and 3 bedrooms including 2 good doubles, in all nearly 1100 sq ft of accommodation. In addition, there is a good sized garden and a long outbuilding which was a garage and could be re-used as such. A really lovely property.
The property’s cottage feel is enhanced by its timber framed style exterior and exposed beams to the two reception rooms as well as doors and fireplaces. Its room proportions though are of a more modern fashion, particularly the very generously proportioned kitchen which backs onto the garden and may provide an excellent opportunity for bifold doors onto the garden (subject to necessary regulations). There may also be the potential to extend over the kitchen to extend the first floor, subject to necessary permissions. The property may suit a range of purchasers, from downsizers to others looking for a larger property. Its location in the centre of Skirlaugh with a good range of shops and amenities for a village is likely to have real appeal. With oil fired central heating and extensive double glazing the accommodation comprises: Entrance Vestibule, Living Room, Dining Room, Dining Kitchen and Bathroom with 4 piece suite including separate shower unit. To the first floor are 2 Double Bedrooms and a Single Bedroom. There are gardens to the front with a high privet hedge to the perimeter. A gravelled driveway provides off street parking and leads to the building which was formerly a garage and could be returned to use as one (subject to any necessary permissions). The rear garden is largely laid to lawn with a number or mature trees and shrubs and is not particularly overlooked.
A really lovely property that demands an early internal inspection and has no forward chain.
LOCATION
Skirlaugh is located to the east of Beverley and provides good access to it, east Hull via the A165 and the East Yorkshire coast. It has a convenience store with a post office, a pub, primary school and church.
ACCOMMODATION
Entrance Vestibule
Living Room
Dining Room
Dining Kitchen - with a range of base level units.
Bathroom - with a four piece suite including a separate shower unit.
Bedroom 1 - a double bedroom.
Bedroom 2 - a double bedroom.
Bedroom 3 - a single bedroom.
OUTSIDE
Front Garden - with a high privet hedge to provide screening.
Driveway - gravelled and leading to:
Outbuilding - this brick-built structure is detached from the house and is a longer length than the average garage. It was previously a garage but was used by the former owner as a shop for many years. It will need some alterations to be reused as a garage, for which some permissions may be required, but may also provide an opportunity for other uses such as a work space, office, or even annex, again subject to necessary permissions.
Heating and Insulation: The property has an oil-fired radiator central heating system and extensive double glazing.
Services: Mains water, electricity and drainage are connected to the property. None of the services or installations have been tested.
Council Tax: Payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band ‘A’ (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 : A
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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