A two bedroom mid terraced period property in this great central Beverley location. The property has been in the same family for some time and has been a much loved home. It has been thoughtfully extended in the past and has recently been redecorated throughout. There is no forward chain and an early viewing is highly recommended.
Wilbert Grove lies just outside the main central shopping area giving very good access to it and also to the nearby railway station. The property benefits from uPVC double glazing but at present has no form of central heating so underfloor heating or a central heating system is likely to need installing. In full the accommodation comprises: Two Reception Rooms that have been opened up providing a good sized space, a larger than usual L-shaped fitted Kitchen, a Bathroom and two Double Bedrooms. There is a rear yard to the rear with a good sized brick store at the end of it. A lovely property in central Beverley that is awaiting the next chapter of its life.
LOCATION
Wilbert Grove sits just north of the centre of Beverley and provides very convenient access to the nearby railway station. Its location also means the extensive range of shops, restaurants and amenities that Beverley offers are very convenient.
ACCOMMODATION
Entrance Door to..
Living Room - with a fireplace and window to the front. Archway to...
Dining Room - with a fireplace and built in cupboard. A door leads to a staircase to the first floor.
Kitchen - a good sized kitchen for a property of its type that is L-shaped and fitted with a range of base and wall mounted units including an electric hob and oven. A roof light provides extra natural light.
Bathroom - a three piece modern suite in white comprising a panelled bath with electric shower over, low flush wc and wash hand basin.
Rear Entrance Vestibule
First Floor Landing
Bedroom 1 - good sized double bedroom with a built in cupboard.
Bedroom 2 - a double bedroom.
Outside - to the rear of the property is a paved yard with a brick wall and fencing to perimeters. There is a good sized brick store with a pitched pantile roof to the rear of the yard. A right of way over neighbouring gardens provides access if required to the front of the property.
Heating and Insulation: The property has uPVC double glazing but currently no central heating although we have been informed that there is gas connected to the property.
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 ‘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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