A delightful two bedroom period mid terraced house that has undergone an extensive programme of refurbishment to include: rewiring, a new central heating system, replastering, full redecoration and a fabulous new kitchen and bathroom. A really lovely property perfect for a first time buyer of investor. No forward chain and early viewing is essential.
This lovely period property is bay-fronted, forecourted, and has a sizable rear garden. Given the extensive programme of improvement and the lovely kitchen and bathroom that has been fitted, we are sure it will attract significant interest in this popular residential area. The gas centrally heated and double glazed accommodation comprises: Living Room with wood burning stove, superbly fitted Kitchen with range of stylish Shaker- style units and hardwood worktop that includes a large breakfast bar, Utility Room, stylish Bathroom with modern suite and 2 Double Bedrooms. There is a forecourt to the front of the house and a large rear garden that is paved for the first part providing an opportunity to create a wonderful outside space.
A really lovely extensively modernised property that will suit a range of buyers who will be impressed with the quality of what it offers. There is no forward chain and an early viewing is highly recommended.
LOCATION
Beaver Road lies on the east side of Beverley and runs between Grovehill Road and Holme church Lane with a range of local shops. There is a further range of shops in the nearby Flemingate Centre as well as good leisure opportunities, in addition to all those available within the town centre nearby. Beverley is served by a bus and railway station.
ACCOMMODATION
Living Room - with a bay window to the front and wood burning stove.
Kitchen - a really stylish kitchen with a range of base and wall mounted Shaker-style units with an attractive hardwood worktop and Belfast sink. There is a large breakfast bar with an inset electric hob abnd fitted electric oven. The kitchen also has a window to the rear and an understairs cupboard.
Utility Room - with a hardwood worktop and space for washing machine, window and door to the side.
Bathroom - a stylish modern bathroom with a suite in white comprising panelled bath with shower over and a swing shower screen, low flush WC and wash hand basin. Attractive tiling to the walls and window to the side.
First Floor Landing
Bedroom 1 - a double bedroom with a period style fireplace, fitted cupboard and window to the front.
Bedroom 2 - a double bedroom with built-in cupboard and a window to the rear.
Loft Space - boarded out and carpeted.
Outside - there is a forecourt to the front of the property. To the rear there is a large westerly facing garden that has been separated into two, the first part being paved. The size of the garden means it provides excellent potential. There is a right of way across the garden for neighbouring properties that is not unusual for properties of this type.
Heating and Insulation: The property has gas-fired radiator central heating and double glazing.
Services: All mains services are connected to the property. 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 'A' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewing: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
Tenure : Freehold
Council Tax Band : A
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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