The property briefly comprises:- entry to the lounge/dining room, kitchen, downstairs bathroom, first floor landing with primary bedroom, additional bedroom with stairs leading up the the loft space. There is a rear garden with side access.
LOCATION
The property is located in the heart of Driffield. The town offers an excellent range of shopping facilities including national stores such as W H Smiths, Boots, Tesco's, Lidl and Iceland Foods alongside a wide variety, cafes, restaurants, sports clubs and well regarded schools. The transport links provide easy access to Beverley, Hull, Bridlington, Scarborough and beyond.
THE ACCOMMODATION COMPRISES:-
LOUNGE/DINING ROOM- 8'8 (2.65m) x 23'3 (7.10m)
Open plan living/dining room flooded with natural light and a cosy, homely feel with window and door to the front aspect, fitted wooden shutter blinds, inset spotlights, stairs leading to the first floor landing, understairs cupboard, charming fireplace with log burning stove, tiled hearth and exposed brick surround, laminated flooring, radiator, TV point and power points.
KITCHEN- 9'5 (2.87m) x 9'10 (3.01m)
Window and door to the rear aspect with fitted wooden shutter blinds, inset spotlights, tiled splash back, a range of wall and base units with laminated worktops, sink with drainer unit, space for fridge/freezer, plumbing for washing machine, freestanding gas oven with gas hob, laminated flooring, radiator and power points.
BATHROOM- 7'9 (2.39m) x 8'3 (2.53m)
Windows to the rear aspect, inset spotlights, wall mounted gas combi boiler, partially tiled walls, tiled splash back, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath with over head shower attachment, built in storage cupboard, tiled flooring, radiator and extractor fan.
FIRST FLOOR LANDING- 3'11 (1.21m) x 2'9 (0.86m)
Fitted carpets.
BEDROOM ONE- 10'11 (3.34m) x 11'4 (3.64m)
Well presented double bedroom, windows to the front aspect with fitted wooden shutter blinds, picture rail, built in wardrobes, fitted carpets, radiator and power points.
BEDROOM TWO- 9'1 (2.79m) x 11'6 (3.52m)
Window to the rear aspect with fitted wooden shutter blinds, stairs leading up to the attic space, built in storage cupboard, laminated flooring, radiator and power points.
SECOND FLOOR
BEDROOM THREE- 10'11 (3.33m) x 12'1 (3.69m)
Additional bedroom space which is versitile with window to the rear aspect, access to the eaves, built in shelving, fitted carpets, radiator, TV point and power points.
GARDEN
Walled, South-Westerly facing garden which is mainly laid to lawn, shrub borders, decking area with brick built outbuilding, outside tap, fencing and gated side access making it fully secure.
PARKING
On street parking.
SERVICES
Understood to all be connected to mains. Mains gas, water and electric.
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 'A'.
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 : 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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