A superbly presented two bedroom ground floor flat with the advantage of a small patio area in the communal rear gardens. The property has been extensively refurbished since its purchase in 2021 and is absolutely ready to move into with a new kitchen, shower room, floor coverings and redecoration. Ideal for a range of purchasers, an early viewing is essential. No forward chain.
This lovely ground floor flat on this well regarded development on the east side of Beverley will appeal to a range of buyers, possibly even those who were initially looking for a house as it provides some outside space with a patio area at the rear, adjacent to the flat and in the rear communal garden. Its position is excellent in our view, with visitors and residents not needing to pass the front window on the way to the communal door and the rear garden and side of the property not being overlooked. It has been extensively refurbished by the current owners since they bought it in 2021 which has included a new kitchen, shower room, central heating system and more. The accommodation in full comprises: an Entrance Hall, spacious Living Room with a bay window to the front, attractively fitted Kitchen with a range of fitted appliances, a Double bedroom with French doors to the rear, a further Double Bedroom and a Shower Room. There is a small open patio at the rear of the main bedroom that is open onto the communal gardens but is private space. The property benefits from an off street parking space. We should also note that the communal parts on these properties are also all in very good condition.
A really lovely 2 bedroom ground floor flat that is offered with no forward chain and is likely to attract significant interest. Early viewing is essential but we do have a 360 degree tour available.
LOCATION
Mill View Road is an attractive mixed development on the east side of Beverley. There is a selection of apartments and houses that are all attractively laid out. Local amenities include shops on Beckside, the nearby garage and a Lidl supermarket. Beverley town centre provides a further extensive range of shops, restaurants, pubs, leisure facilities and other amenities. The location provides good access to the A164 which provides routes to Hull and connects with the A1079 and the wider road network.
ACCOMMODATION
Communal Entrance Door and Hallway - all in good condition.
Entrance Hall - a spacious hallway with a built in cupboard that houses the freezer.
Living Room - a delightful and spacious room with a bay window to the front.
Kitchen - an attractively fitted kitchen with a range of base and wall mounted units incorporating an electric oven and hob, fridge and freezer, and a dishwasher. There is a window to the side.
Bedroom 1 - a good sized double bedroom with French doors opening onto a patio area and giving access to the rear communal garden.
Bedroom 2 - a double bedroom with a window to the rear.
Shower Room - an attractively fitted shower room with a shower unit, low flush WC and wash hand basin with storage underneath. Window to the side.
Patio - there is a small private patio at the rear of the main bedroom.
Communal Gardens - beyond the private patio there are well maintained largely lawned communal gardens with a hedge and fencing to the perimeter. Only this and the adjacent ground floor flat have direct access to it and the access point for everyone else is at the other end of the building.
Parking - there is a designated and clearly marked allocated parking space in an area at the front of the property. Mill View Road itself provides further on street parking if required.
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: 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: Leasehold (more details to follow). Vacant possession upon completion.
Viewings: Strictly by appointment with the agent’s Beverley office. Tel: (01482) 866844.
Tenure : Leasehold
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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