An individually built 4 double bedroom detached house in a traditional style occupying a non estate location in this highly regarded East Yorkshire village. The property offers appealing well-presented and proportioned accommodation that is likely to be of interest to a range of purchasers.
The house offers great reception space with a 25’7 L Shaped Living Room, Separate Dining Room with bay window, Dining Kitchen and two rooms that are potential Studies/Offices. To the first floor there are 4 Double Bedrooms and a house Bathroom.
The accommodation totals 1,834 sq. ft internal living space and comprises: Entrance Hall, WC Cloaks, L-shaped Living Room with windows to two aspects and with double doors opening on to a lovely separate Dining Room with a bay window overlooking the garden. There is a fitted modern Dining Kitchen with fitted appliances including a hob, double oven and dishwasher, also with windows to two aspects and a walk-in Pantry/Utility Room with space for an American-style fridge freezer and a range of fitted units. There are two rooms, one to the front of the property and a larger one to the rear, with potential for use as Studies or other living space. To the first floor is an attractive and light landing, 4 Double Bedrooms, including one currently used as a supplementary Living Room with French windows opening on to a balcony, and a house Bathroom with 4 piece suite in white including a separate shower unit.
There are largely lawned, well-maintained gardens to the front and side of the house with herbaceous borders and a number of mature trees. Lambwath Stream lies to the south of the property which many will find appealing. We understand that the property has never flooded as a result of this. A driveway to the rear of the house leads to a detached garage with a pitched roof.
There is an option to acquire the builder's yard to the rear or a part of it which may suit purchasers running their own business.
A really lovely property with accommodation that could be used in a number of ways. Our 360 degree tour will provide a good understanding of how it works and what it offers, but an early internal inspection is highly recommended to fully appreciate it.
ACCOMMODATION
Entrance Hall
WC Cloaks
Living Room - L-shaped, 25’7" in length with bow window.
Dining Room - Glazed double doors to living room and bay window.
Dining Kitchen - Fitted with a range of appliances.
Study - at front of house.
Utility Room
Office - good size at rear of house.
First Floor Landing
4 Double Bedrooms - one currently used as a living room with balcony.
Bathroom - with separate shower unit.
Gardens to Front & Side - good size and well maintained.
Garage
Builder's Yard
The owners currently operate the builder's yard which is to the rear of the house. That is on a separate title and available separately but also as a joint offering with the house. The owners have indicated that they may consider selling a portion of the yard if a purchaser of the house is interested in acquiring less than the whole.
LOCATION
Vicarage Lane is situated at the northern end of the popular East Yorkshire village of Skirlaugh in a non-estate position with a range of period properties nearby including the Old Vicarage Local amenities include a pub, convenience store, primary school and church. The village provides good links with Beverley and Hull which provide many further amenities, as well as the coast.
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 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 ‘E' (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 : E
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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