The property briefly comprises:- entrance hall, kitchen/diner, lounge, cloakroom, first floor landing with primary bedroom and en-suite, two additional bedrooms, family bathroom, rear garden and driveway.
LOCATION
Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 151 (4.60m) x 68 (2.05m)
Door to the front aspect, stairs leading to the first floor landing, understairs storage cupboard laminated flooring, radiator and power points.
KITCHEN/DINING AREA- 134 (4.08m) x 810 (2.71m)
Well appointed kitchen/diner with large bay window to the front aspect, a range of wall and base units, sink with drainer unit, space for fridge/freezer, plumbing for washing machine, built in eye level electric oven, gas hob with extractor hood and glass splash back, laminated flooring, radiator, telephone point and power points.
LOUNGE- 113 (3.44m) x 1511 (4.87m)
Cosy lounge with French doors to the rear aspect, panelled wall, fitted carpets, radiator, TV point and power points.
CLOAKROOM- 36 (1.09m) x 53 (1.62m)
Inset spotlights, low flush WC, sink with pedestal with tiled splash back, laminated flooring, radiator and extractor fan.
FIRST FLOOR LANDING
Built in storage cupboard housing the water tank, fitted carpets and power points. There is also access to the loft.
BEDROOM ONE- 85 (2.58m) x 102 (3.11m)
Double bedroom with window to the front aspect, built in cupboards, fitted carpets, radiator, TV point and power points.
EN-SUITE- 59 (1.75m) x 54 (1.63m)
Opaque window to the front aspect, three piece bathroom suite comprising:- low flush WC, sink with pedestal, mixer taps and tiled splash back, fully tiled shower cubicle, laminated flooring, heated towel rail and extractor fan.
BEDROOM TWO- 112 (3.41m) x 73 (2.21m)
Another double bedroom with window to the rear aspect, fitted carpets, radiator and power points.
BEDROOM THREE- 710 (2.40m) x 85 (2.59m)
Currently used as an office there is a window to the rear aspect, fitted carpets, radiator and power points.
FAMILY BATHROOM- 63 (1.92m) x 57 (1.70m)
Inset spotlights, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal and tiled splash back, panelled bath with shower attachment, laminated flooring, heated towel rail and extractor fan.
GARDEN
Nicely sized north facing garden which is mainly laid to lawn, patio area to the immediate rear, timber fencing making it fully secure and side gated access.
PARKING
Off street parking for two cars.
AGENTS NOTE
This property is also available for sale under the shared ownership scheme. You can pay £105,000 for 50% shared ownership. The remaining 50% is owned by Heylo Housing for which a monthly rent of £315. There is also a lease management fee of £25.61 and buildings insurance at £8.03. Please ask the agent for more details.
SERVICES
Understood to all be connected to mains. Mains gas, water and electric.
TENURE
Freehold, vacant possession on 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- B
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.
Tenure : Freehold
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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