A two bedroom semi detached traditional style true bungalow in this sought after and well serviced village. The property has a modern kitchen and bathroom and is in good condition. Its cul de sac location, condition and the fact that it remains a true bungalow means it is likely to have wide appeal.
The property benefits from gas fired central heating and uPVC double glazing. The entrance door to the side of the property leads to a fitted kitchen with space for a small dining table and a range of modern units in grey with a timber work surface, gas hob and electric oven. There is a good sized living room with attractive fireplace, a generously sized main bedroom with fitted wardrobes and French windows to the garden, a further double bedroom and bathroom with a modern suite in white and a shower over the bath.
Outside is to be found a driveway leading to a single garage with up and over door. There is a uPVC extension to the side of the garage which may serve as a studio, potting shed or greenhouse. The front garden is gravelled for ease of maintenance and there are largely lawned gardens to the rear of the property with fence and hedging to the perimeters.
LOCATION
The property is located in the sought after village of Leven which is located to the east of Beverley. The village provides an extensive range of amenities that many villages these days just can’t offer. These include a primary school, 2 pubs, a convenience store, butcher, hairdressers, fish and chip shop, GP surgery, pharmacy and historic church. Nearby Beverley and Hornsea offer nearly everything else you might need.
ACCOMMODATION
Living Room - a good size with attractive fireplace.
Kitchen - a modern fitted kitchen with range of units in grey, timber work surface, gas hob, electric oven and space for a small dining table.
Bedroom 1 - a good sized room with fitted wardrobes and French windows to the rear garden.
Bedroom 2 - a double bedroom.
Bathroom - a modern suite with a shower over the bath.
OUTSIDE
Front Garden - gravelled for ease of maintenance.
Rear Garden - largely laid to lawn.
Driveway
Garage - a single garage with up and over door and useful uPVC extension to side.
Heating and Insulation: The property has gas-fired central heating 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 B (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agents 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 |
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