
An excellent opportunity to acquire an attractive estate cottage on the edge of this highly regarded village. The spacious property offers nearly 1200 sq ft of accommodation including 4 bedrooms and while it requires some updating, we believe it an excellent opportunity to create your own rural retreat in this lovely setting. There is a good sized rear garden, detached single garage and the opportunity to negotiate the occupation of the field to the side of the garden. Early viewing is essential.
The distinctive property with its attractive frontage and lovely chimney stack was originally two estate cottages that were remodelled as one in the late 1990’s. They were thought to be originally part of the estate of the Hotham family who owned much of the land in the area and originally built in the late 19th century for estate workers. The property benefits from a good sized garden to the rear with a generous area of car hardstanding. The space at the rear of the property may lend itself to extending the property (subject to necessary permissions). The cottage benefits from oil-fired central heating and extensive double glazing. Its accommodation briefly comprises: 2 good sized reception rooms, a spacious fitted kitchen, inner hallway, WC cloaks, and rear entrance hall which also provides utility space. There is small area of lawn to the front of the property. A timber gate provides access to the rear via a tarmac drive to a generous area of car hardstanding which leads to where a detached single garage is located. There is a largely lawned garden with fence and hedging to perimeters. The garden backs on to agricultural fields. The purchaser will have the opportunity to negotiate a tenancy over the field to the side which could be used for a range of purposes.
Early viewings are highly advised to fully appreciate all the property offers and there is no forward chain.
LOCATION
Humbleton is a delightful rural village situated in the Holderness area of East Yorkshire and to the east of Hull. Hedon, Beverley and Hornsea all provide more extensive amenities and Hull, even more. The delightful local area offers attractions such as nearby Burton Constable Hall and the coast as well as all the local countryside.
ACCOMMODATION
Living Room - with fireplace and window to front.
Dining Room - with windows to two aspects and fireplace.
Kitchen - a good sized kitchen with range of base and wall mounted units. Window to rear.
Inner Hallway - turn-staircase to first floor.
WC Cloaks - low flush wc and wash hand basin.
Rear Entrance Hall
First Floor Landing - window to rear.
Bedroom 1 - a double bedroom with windows to two aspects.
Bedroom 2 - a double bedroom with window to the front and a velux style window.
Bedroom 3 - a spacious single bedroom with vaulted ceiling, window to rear and velux style window.
Bedroom 4 - a single bedroom with window to rear.
Bathroom - a three piece suite comprising low flush wc, pedestal wash hand basin and panelled bath with shower over.
Outside - there is an area of lawn to the front. A tarmac driveway leads past a timber gate to a larger area of car hardstanding to the rear. There is a detached brick built garage with up and over door. Beyond that there are further largely lawned good sized gardens with hedge and fence to surround. Agricultural fields lie beyond the rear of the garden.
Heating and Insulation: The property has oil-fired central heating and extensive double glazing.
Services: Mains electricity and water are connected to the property. Drainage is via a private foul water system. 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 agents 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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