
A three bedroom modern mid town house in this sought after Beverley town centre development. The well proportioned and presented property offers nearly 900 sq ft of modern accommodation which is supplemented by two parking spaces. Its central location means it will have wide appeal so early viewing is recommended.
The lovely property which was completed in 2013 forms part of the Flemingate development in central Beverley. With gas fired central heating and uPVC double glazing the accommodation comprises: an Entrance Hall, Living Room, fitted Dining Kitchen with a range of appliances, WC Cloaks, First Floor Landing, 2 Double Bedrooms, a decent Single Bedroom and a Bathroom. There are 2 parking spaces to the front of the property and a paved garden to the rear.
LOCATION
The property is located in the Flemingate area just to the east of Beverley town centre, which is very convenient, as is the railway station. Flemingate offers a range of retail and entertainment facilities that are supplemented by the wide variety available elsewhere in Beverley. St Nicholas Primary School and Beverley Leisure Centre are also nearby.
ACCOMMODATION
Entrance Hall
Living Room
Dining Kitchen - with a range of fitted units and appliances and French windows opening onto the garden.
WC Cloaks - low flush WC and wash hand basin.
First Floor Landing
Bedroom 1 - a double with a built in cupboard.
Bedroom 2 - a double.
Bedroom 3 - a decent single.
Bathroom - a three piece modern white suite comprising panelled bath with shower over, low flush WC and wash hand basin
OUTSIDE
There is parking to the front of the property with spaces for two cars.
There is a rear paved garden with fencing to perimeters.
Heating and Insulation: The property has a gas-fired radiator central heating system and uPVC double glazing.
Services: All mains services 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 ‘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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