A modern three bedroom semi detached house in this highly regarded East Yorkshire village. The property backs on to open fields so has a long westerly vista and the garden is bathed in evening sunshine. The property is likely to need some updating but any purchaser but has new carpets fitted and could be moved into. A great property and early viewing is essential.
The property sits towards the end of a cul de sac at the western edge of this lovely village which has lots of shops and amenities. The location is likely to make it very appealing for families. The size of the garden may also provide scope for extension which a neighbouring property has done (subject to necessary permissions). The property has gas fired central heating and is double glazed but the windows are the original timber ones so buyers are likely to want to upgrade those at some point. Other work that may be required is decorative, a new kitchen & bathroom and an updated boiler, but at this price and in this location with the potential available, we are sure it will attract significant interest. The accommodation comprises: Entrance Hall, Living Room, Dining Kitchen, First Floor Landing, a Double Bedroom with fitted wardrobes, 2 Single Bedrooms and a Bathroom. There are open plan lawned gardens to the front, a gravelled driveway provides off street parking to the side of the house and there are good sized lawned gardens to the rear with two timber sheds and open views across fields.
LOCATION
The property sits towards the end of a cul de sac at the western edge of South Cave. South Cave provides a range of local amenities including a public house, a convenience store, Cave Castle Hotel and golf course, a leisure centre and a primary school. Nearby Brough provides further amenities including a railway station. The A63 provides links with Hull and via the M62 the wider regional road network.
ACCOMMODATION
Entrance Hall
Living Room - with windows to two aspects.
Dining Kitchen - with a range of base and wall mounted units.
First Floor Landing
Bedroom 1 - a double bedroom with a range of fitted bedroom furniture.
Bedroom 2 - a single bedroom.
Bedroom 3 - a single bedroom.
Bathroom - with a three piece suite comprising panelled bath with shower over, low flush wc and pedestal wash hand basin.
Outside - the property has open plan lawned gardens to the front and a gravelled driveway runs down the side of the property providing off street parking. There are further good sized largely lawned gardens to the rear of the property with two timber sheds and fencing to perimeters. There are open agricultural fields to the west of the garden.
Heating and Insulation: The property has a gas-fired central heating system and 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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