A brilliant opportunity to purchase a spacious property with NO ONWARD CHAIN and at a great price! Adam Scarth is a two bedroom semi-detached bungalow which requires some updating throughout. There is also the added benefit of a great loft space which is ideal for a home office and the home is versatile throughout. Viewings are essential!
The property briefly comprises:- porch, entrance hall, kitchen, two bedrooms, bathroom, large lounge with stairs leading to the first floor landing and additional loft space, garden and off street parking.
LOCATION
The property is located within Staxton, which is just off the A64 and a short drive from Scarborough. Staxton itself is home to local amenities including a junior school, public house and award-winning fish & chip restaurant.
THE ACCOMMODATION COMPRISES:-
PORCH- 3'2 (0.98m) x 12'10 (3.93m)
Door to the front and rear aspect with internal door leading into the:
ENTRANCE HALL- 2'8 (0.82m) x 9'10 (3.00m)
Door to the side aspect, laminated flooring, radiator and power points.
KITCHEN- 8'5 (2.57m) x 8'10 (2.71m)
Window to the rear aspect, a range of wall and base units, sink with drainer unit, space for white goods, vinyl flooring, radiator and power points.
BEDROOM ONE- 8'9 (2.67m) x 12'3 (3.74m)
Double bedroom with window to the front aspect, a range of fitted wardrobes and cupboards, fitted carpets, radiator, TV point and power points.
BEDROOM TWO- 8'5 (2.58m) x 8'10 (2.70m)
Another bedroom with window to the front aspect, laminated flooring, radiator, TV point and power points.
BATHROOM- 5'3 (1.62m) x 6'6 (1.98m)
Opaque window to the side aspect, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath with over head shower attachment, vinyl flooring and radiator.
LOUNGE- 10'3 (3.13m) x 15'8 (4.78m)
French doors to the rear aspect, stairs leading to the first floor landing, fireplace, fitted carpets, TV point and power points.
LOFT SPACE- 18'10 (5.74m) x 12'11 (3.96m)
Lagre loft space with veulx windows to the front and rear aspect, access to the eaves, radiators, TV point and power points.
GARDEN
To the front of the property there is a garden laid to lawn and pedestrian access onto Main Street. To the rear there is a large rear garden laid mainly to lawn off Old Malton Road, large storage shed, vegetable patch and gated access to the rear.
PARKING
There is also ample on-street parking to the accessed via the rear of the property.
SERVICES
All mains services are believed to be connected to the property. None of the services or installations have 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 North Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band 'B'.
EPC
This property's energy rating is E.
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.
ANTI-MONEY LAUNDERING (AML) REGULATIONS
In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, we are required to carry out identity checks on all purchasers. A charge of £25 + VAT per person will be payable by the purchaser to cover the cost of these checks. This fee is non-refundable and is payable upon acceptance of an offer.
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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