Brought to the market in exceptional condition, 7 Wood Green is a beautifully presented two bedroom semi-detached bungalow. Located in a great location close to the local town centre, this development is designed for the over 55's providing practicality and convenience. Benefitting from a brand new shower room and neutral decor throughout, the property is move in ready and enjoys a lovely communal garden to the rear. Viewings are essential!
The property briefly comprises:- entrance hall, hallway, lounge, kitchen/breakfast area, two double bedroom, shower room, rear garden and parking.
LOCATION
Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL
Door to the front aspect, coving, laminated wood effect flooring and wall mounted electric heater.
HALLWAY
Coving, large walk in storage cupboard, fitted carpets, wall mounted electric heater and power points.
LOUNGE- 11'10 (3.63m) x 13'11 (4.26m)
cosy living space with bay window to the front aspect, coving, gas fireplace with hearth and surround, fitted carpets, wall mounted electric heater, TV point and power points.
KITCHEN/BREAKFAST AREA- 7'10 (2.41m) x 13'2 (4.01m)
Window to the front aspect, coving, tiled splash back, a range of wall and base units, sink with drainer unit, integrated fridge/freezer, space for white goods, oven with electric hob and extractor hood, tiled flooring, wall mounted electric heater and power points.
BEDROOM ONE- 11'2 (3.43m) x 10'2 (3.11m)
Double bedroom with window to the rear aspect, coving, built in cupboards, fitted carpets, wall mounted electric heater and power points.
BEDROOM TWO- 8'1 (2.47m) x 10'3 (3.13m)
Another double bedroom with door and window to the rear aspect leading out to the garden, coving, fitted carpets, wall mounted electric heater and power points.
SHOWER ROOM- 8'8 (2.65m) x 8'0 (2.45m)
Newly fitted shower room with opaque window to the side aspect, coving, built in storage cupboard, three piece bathroom suite comprising:- low flush WC, sink with vanity unit and back splash, large walk in shower, heated towel rail, laminated flooring and extractor fan.
GARDEN
There is a small garden to the rear of the property which is East facing and is laid with lawn and patio area to the immediate rear.
PARKING
Off street parking.
AGENTS NOTES
There is a annual fee of around £1,400 which can also be paid in monthly instalments for the up keep of communal areas.
SERVICES
Electric storage heater throughout. Understood to all be connected to mains water and electric.
TENURE
The property is Freehold and offered with the benefit of vacant possession upon completion.
COUNCIL TAX BAND
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band 'B'.
EPC
This property's energy rating is E.
VIEWING
Strictly by appointment with the sole agents.
FREE VALUATION
If you are looking to sell your own property, we will be very happy to provide you with a free, no obligation market appraisal and valuation. We offer very competitive fees and an outstanding personal service that is rated 5 star by our fully verified clients.
ANTI-MONEY LAUNDERING (AML) REGULATIONS
In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, we are required to carry out identity checks on all purchasers. A charge of £25 + VAT per person will be payable by the purchaser to cover the cost of these checks. This fee is non-refundable and is payable upon acceptance of an offer.
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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