A fantastic opportunity to purchase this well-presented two-bedroom second-floor apartment, situated within a popular over 55s development. Two-bedroom apartments within this development rarely come to the market, making this an excellent opportunity for buyers seeking a comfortable home in a welcoming community. The property is offered for sale with no onward chain and benefits from access to attractive communal gardens, providing a pleasant outdoor space to enjoy. Don't miss out, call to arrange your viewing today!!
The property briefly comprises:- entrance hall with storage cupboard, lounge, kitchen, primary double bedroom and en-suite, additional bedroom, and shower room.
LOCATION
Driffield is a traditional market town that hosts a weekly market every Thursday. The town offers an outstanding array of amenities including Post Office, doctors, a thriving high street with independent and national shops, quality sports facilities dedicated to bowls, golf and tennis to name a few are also available. The larger towns of Beverley and Bridlington through to Hull and Scarborough are all accessible by regular bus a train service.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 3'7 (1.10m) x 13'10 (4.22m)
Door to the front aspect, coving, intercom telephone system, fitted carpets and power points.
STORAGE CUPBOARD
There is a storage cupboard in the entrance hall housing the water tank and power points. Ideal for additional storage.
LOUNGE- 21'4 (6.51m) x 10'7 (3.24m)
Window to the rear aspect, coving, electric fireplace with surround hearth and mantel piece, fitted carpets, radiators, TV point, telephone point and power points.
KITCHEN- 8'2 (2.49m) x 7'6 (2.31m)
Window to the rear aspect, coving, tiled splash back, a range of wall and base units, sink with drainer unit, space for fridge, space for freezer, plumbing for washing machine, built in electric oven, electric hob and extractor hood, laminated flooring, wall mounted blow heater and power points.
BEDROOM ONE- 12'4 (3.77m) x 12'5 (3.81m)
Spacious double bedroom with window to the rear aspect, built in wardrobes and drawers, fitted carpets, radiator, TV point, telephone point and power points.
EN-SUITE- 5'5 (1.66m) x 6'0 (1.83m)
Well proportioned with coving, three piece bathroom suite comprising:- low flush WC, sink with vanity unit, fully tiled shower cubicle, fitted carpets, heated electric radiator, wall mounted blow heater and extractor fan.
BEDROOM TWO- 13'3 (4.06m) x 9'0 (2.76m)
Window to the rear aspect, coving, built in wardrobes and storage cupboards, fitted carpets, radiator and power points.
BATHROOM- 6'5 (1.96m) x 5'7 (1.71m)
Coving, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with vanity unit, large shower, vinyl flooring, heated towel rail, wall mounted blow heater and extractor fan.
COMMUNAL GARDENS
The beautifully landscaped communal gardens are mainly laid to lawn with flourishing flower and shrub borders.
ON SITE FACILITIES
There is use of a house manager, communal lounge, kitchen, laundry, internal refuse room, guest suite, lift and communal gardens.
PARKING
Parking bays are strictly for residents only. The spaces are not allocated.
PETS
Having a pet is subject to the onsite pet policy.
SERVICE CHARGE
The service charge covers the communal residents lounge, kitchen, laundry, refuse, guest bedroom, lift, communal gardens, buildings insurance, external window cleaning, security and Careline facilities as well as the development manager. It's current charge is £5,205.00 per year and payable 6 monthly. (September & March)
GROUND RENT
Ground rent of £450 per year. This is paid in two instalments, one in September of £225 and the other payment in March.
SERVICES
Mains water, electricity and drainage all connected to the property. There is no gas so there will only be one standing charge for the utilities.
TENURE
The property is held under Leasehold Title with approximately 105 years remaining. The lease started with 125 years as of 1st September 2003. Further details on the lease and any additional charges are available upon request. The property is 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 'C'.
EPC
This propertys energy rating is C.
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 : Leasehold
Council Tax Band : C
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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