A three bedroom bay fronted mid town house that has been let out for some time so may require some updating but which offers nearly 950 sq. ft. of internal space and the potential for off street parking at the rear. No forward chain so early viewing is essential.
Located on the ever popular Grovehill Road, this three bedroom bay fronted mid town house offers great living space on the ground floor. It has been let out for some time so may benefit from some updating but given its front garden, good-sized rear garden, potential for off street parking at the rear and the space it offers, we feel it will attract a good level of interest. It benefits from gas fired central heating and uPVC double glazing. The accommodation briefly comprises: an Entrance Hall, Living Room with a bay window, spacious Dining Room, Garden Room with French doors to the garden and a Kitchen. To the first floor are two Double Bedrooms, a Single Bedroom and a Bathroom. There is a gravelled garden to the front of the property setting it back from the road and gardens to the rear with an artificial lawn and patio. We understand that the garden previously offered off street parking with access from the 10’ at the rear though a fence now obstructs that access but that could be removed or gated.
This property would make a great family house and an early viewing would be essential to fully appreciate all that it offers along with having no forward chain.
LOCATION
The property is located on Grovehill Road on the east side of Beverley. It is a popular residential area that offers good access to the town centre but also to the A164 which in turn provides connections to Hull, the A1174 and A1079 which give connections to the wider road network and other areas. Handy local amenities include a range of very nearby smaller shops and an Aldi supermarket on Swinemoor Lane. Beverley provides an extensive further range of shops, pubs, restaurants and leisure amenities including the famous Westwood and racecourse.
ACCOMMODATION
Entrance Hall - stairs to the first floor.
Living Room - with a bay window to the front and a fireplace.
Dining Room - a spacious room extending across the full width of the house that feels even larger as it opens on to the garden room. With a fireplace, fitted cupboards and drawers.
Garden Room - with a conservatory style roof, French doors and windows to the rear and some higher level windows to one side. Opens onto….
Kitchen - with a range of base and wall units, work surface, tiled splash backs, gas hob and electric oven. There is plumbing for a washing machine, stainless steel sink with single drainer and a window to the rear.
First Floor Landing
Bedroom 1 - a double bedroom with a bay window to the front.
Bedroom 2 - a double bedroom with a bay window to the rear and a fitted cupboard housing the gas boiler.
Bedroom 3 - a single bedroom with a window to the front.
Bathroom - a three piece suite in white comprising a panelled bath, low flush WC and pedestal wash hand basin. Window to the rear.
Outside - there is a gravelled garden to the front of the property setting it back from the road with a fence, hedge and wall with metal railings to the perimeter. The gardens to the rear are of a decent size with an artificial lawn, patio and timber fencing to the perimeter. We understand that the garden previously offered off street parking with access from the 10’ at the rear, though a fence now obstructs that access but that could be removed or gated to allow vehicular access again.
Heating and Insulation: The property has gas-fired radiator central heating and uPVC 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 B (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agents Beverley office. Tel: (01482) 866844.
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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