
LOCATION
Spellowgate is located on the western side of the Town centre and is one of the town's most popular areas. It offers ease of access to the town bypass as well as being within comfortable, level walking distance of the town centre. It also offers easy access for dog walkers to the open Wolds countryside. Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
GROUND FLOOR
PORCH
ENTRANCE HALL
With dado rail, double radiator, thermostat for the heating and a staircase leading off.
LIVING ROOM- 12'4 (3.76m) x 16'10 (5.15m)
With brick fireplace, two wall light points, bow window overlooking the garden, coving to the ceiling, alcove shelving, TV aerial point and a door to the sun room.
SUN ROOM- 8'9 (2.68m) x 20'0 (6.12m)
With two wall light points, uPVC windows and doors to the garden, double radiator and double doors opening to:
SITTING ROOM- 12'6 (3.81m) x 11'11 (3.66m)
With living flame gas fire set in a tiled surround with brick hearth, alcove shelving, bow window, TV aerial point and coving to the ceiling.
DINING ROOM/BEDROOM THREE- 11'6 (3.53m) x 9'0 (2.75m)
With radiator and coving to the ceiling.
KITCHEN- 11'8 (3.56m) x 9'6 (2.91m)
Fitted with a range of base and wall units, plumbing for a washing machine and dish washer, inset sink, electric oven and four ring gas hob. Double radiator.
SIDE PORCH
With a door to a useful storage cupboard.
BATHROOM- 7'5 (2.26m) x 5'10 (1.79m)
Fitted with a modern white suite including an encased bath with over bath shower and curtain, vanity wash hand basin and WC with concealed cistern. Part tiled walls, radiator and bathroom cabinet.
BEDROOM ONE- 12'1 (3.69m) x 12'6 (3.81m)
With Bay window overlooking the garden, fitted wardrobes to one wall, coving to the ceiling and radiator.
BEDROOM TWO- 9'11 (3.03m) x 8'10 (2.69m)
With radiator.
ON FIRST FLOOR
Approached from a fixed staircase is a large attic space that offers excellent potential for the creation of additional living accommodation (subject to any necessary planning and building regulation consents). In addition to the ample main space, there is a WC and a small separate area that has been used as a spare bedroom.
GARDEN/OUTSIDE
The property stands within good-sized and mature private gardens that have been well maintained and can be enjoyed from the principal rooms in the property. A private drive off Whitelands leads down the side of the bungalow to a detached garage, 17'3" x 9'5", with an up-and-over door, power and light connected.
PARKING
Off street parking.
SERVICES
Understood to all be connected to mains. Mains gas, water and electric. These have not been tested.
TENURE
The property is Freehold and offered with the benefit of vacant possession upon completion.
COUNCIL TAX BAND
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band 'E'.
EPC
This property's energy rating is D.
VIEWING
Strictly by appointment with the sole agents.
FREE VALUATION
If you are looking to sell your own property, we will be very happy to provide you with a free, no obligation market appraisal and valuation. We offer very competitive fees and an outstanding personal service that is rated 5 star by our fully verified clients.
Tenure : Freehold
Council Tax Band : E
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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