A very well maintained and good sized 3 bedroom semi detached house on this well regarded residential development. The property also offers two shower rooms, one of which would comfortably accommodate a bath. Given the large living room it provides great family accommodation!
The property is currently configured with 2 bedrooms upstairs and 1 downstairs but we believe the rear upstairs bedroom would lend itself to being divided allowing for either 4 bedrooms or the ground floor bedroom to be used differently. With gas central heating and double glazing the accommodation comprises: Entrance Hall, large Living Room with feature gas fire, Fitted Kitchen, Ground Floor Bedroom, Shower Room and to the first floor is a Landing, double Bedroom with an extensive range of fitted bedroom furniture, a further good sized Bedroom (with the potential to create two single bedrooms) and Shower Room. There are low maintenance gardens to the front of the house, a driveway leads past the side to a detached garage (with power, light and plumbing for a washing machine) and there are further low maintenance gardens to the rear. The Driffield to Beverley railway line runs past the rear boundary meaning the property is not overlooked to the rear.
A really lovely family home that has been well looked after and provides a very useful amount of space which is well worth an early internal inspection.
ACCOMMODATION
Entrance Hall
Large Living Room
Kitchen
Bedroom 3
Shower Room
First Floor landing
Main Bedroom - extensive fitted furniture
Second Bedroom (potential to be divided)
Shower Room
Front & Rear Gardens
Driveway and Garage
LOCATION
The property is located on a well regarded development on the north-east side of Beverley. There is a local pub and a range of local shops which are supplemented by the extensive range available a short distance away in central Beverley.
Heating and Insulation: The property has a gas-fired central heating system and uPVC double glazing.
Services: All mains services are connected to the property. None of the services or installations have been tested.
Council Rax: 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 agent’s 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 |
© 2024 Dee Atkinson & Harrison, All Rights Reserved.
