Situated on a small exclusive development by C R Reynolds Ltd of Hull, this fantastic End of Terrace House is one of only four new two-bedroom houses that are offered to the market for immediate occupation. The fully double-glazed and gas-centrally heated accommodation has an excellent EPC rating and comes with a 10-year Advantage guarantee. It has been finished to an excellent standard of specification that provides a modern open-plan style of living on the ground floor and two double bedrooms and a bathroom on the first floor. The property also enjoys a fully enclosed, south-facing rear garden with a garden store and two dedicated parking spaces at the front.
No. 1 is the final release of only two end-of-terrace houses on the development, and an early opportunity to view it should not be missed. The photographs are of the Showhouse, which is an identical but handed layout. The developer is also offering each plot with an option to upgrade to include integrated appliances and fitted carpets.
Location
The property stands at the back of this exclusive small development, accessed off the Main Street at the western end of the Village. North Frodingham offers a basic range of village amenities and is conveniently located for access to Driffield, Beverley and Bridlington.
Accommodation
Ground Floor
Entrance
With composite front entrance door, burglar alarm controls, staircase leading off, single radiator and smoke detector.
Kitchen
Fitted with an attractive range of modern kitchen units, including base and wall units, an inset stainless steel sink with mixer tap contrasting marble effect countertops, an integrated electric single oven and four-ring ceramic hob and a stainless steel extractor canopy over, a breakfast bar, space for a dishwasher, automatic washing machine and fridge (option to upgrade to integrated appliances), vinyl flooring, thermostat for the central heating, inset ceiling spotlights, smoke detector and double radiator. The kitchen is open plan to:
Living Area
With TV aerial point, double radiator and double French doors with full height side panels, opening to the garden.
WC
With dual flush low level WC with soft-close seat, wash hand basin with tiled splashback, radiator and an extractor fan.
First Floor
Landing
with a single radiator and a smoke detector.
Bedroom One
With radiator, TV aerial point, over-stairs cupboard and thermostat for the heating.
Bedroom Two
With radiator and TV aerial point.
Bathroom
With a three-piece white suite including an encased bath with independent shower over, fully tiled surround, dual flush low-level WC with soft-close seat, half pedestal wash hand basin, vinyl flooring, inset ceiling spotlights and extractor fan.
Outside
The property enjoys a sunny south-facing rear garden that benefits from a paved patio, lawn, and a useful storage shed. The garden can be accessed through the house or via a side pedestrian access. To the front is a gravelled parking and turning area with two dedicated spaces allocated to this property.
Services
All mains services are connected to the property. There is also a burglar alarm installed.
Tenure
Freehold with vacant possession upon completion.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. The property has not been assessed yet.
EPC- B(83)
Viewing
Strictly by appointment with the sole agents on 01377 241919.
FREE VALUATION
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Tenure : Freehold
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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