An extended 3 bedroom semi detached bungalow offering nearly 750 square feet of space in this highly regarded village with its excellent range of amenities.. The property may require some updating by many purchasers but with its space, gardens and detached garage it will have wide appeal. No forward chain and early viewing essential.
South Parade sits on the western side of this lovely village and provides excellent access to the wide variety of amenities it offers. Its location also means convenient access to walks heading west of the village. The property has been a much loved family home for some time and was extended by the current owner's family to provide 3 bedrooms and a larger living room. This may appeal to new owners or alternatively offer some scope for rearrangement to suit their own requirements (subject to any necessary permissions). The property does not offer gas central heating though there is gas piped to the street. The uPVC double glazed accommodation comprises: a spacious Living Room, fitted Kitchen with electric hob and double oven, a Double Bedroom, two single Bedrooms and a Bathroom. There are well maintained gardens to the front and rear and a block paved driveway leads to a detached single garage.
Early viewing is essential to appreciate what it offers and the potential available. There is no forward chain.
LOCATION
The property is located on South Parade in Leven, a highly regarded East Yorkshire village renowned for its extensive range of local amenities. These include a GP’s surgery, pharmacy, primary school, 2 pubs, convenience store and post office, butcher's and hairdresser's among others. There is a regular bus service connecting to nearby Hornsea and Beverley together with good road access to both of these as well as Bridlington and Hull at a further distance.
ACCOMMODATION
Living Room - a larger living room with a bow window to the front and fireplace.
Kitchen - a fitted kitchen with a range of base and wall mounted fitted units incorporating an electric hob, double oven and 1.5 bowl sink with single drainer. Window to the front and door to the side.
Bedroom 1 - a double bedroom with French doors to the garden.
Bedroom 2 - a single bedroom with a window to the side.
Bedroom 3 - a single bedroom with a window to the side.
Bathroom - with a three piece white suite comprising a panelled bath, low flush WC and wash hand basin. Window to the side and extensive tiling.
Driveway and parking - there is a block paved driveway to the side of the property which provides off street parking for a number of cars and leads to a garage. The detached single garage has an up-and-over door.
Gardens - there is a largely lawned garden to the front of the house with beds and borders. To the rear there are further largely lawned gardens with beds and borders as well as areas of paving.
Heating and Insulation: The property has electric storage heaters and uPVC double glazing.
Services: Mains electricity, water and drainage are connected to the property. None of the services or installations have been tested.
Council Tax: 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 |
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