This three bedroomed semi detached dormer bungalow offers the versatility of a ground floor bedroom and bathroom and is set in a cul-de-sac corner plot position that gives sunshine into the building throughout the day. The property was the cherished family home of the previous owner from being built in 1969. The accommodation has double glazing and gas central heating and presents as an opportunity for buyers to work through and modernise & redecorate to personal taste. A brick garage, with driveway, forms one boundary to an enclosed and private area of garden at the rear.
LOCATION
The property is centrally positioned within a cul-de-sac in the village of Wawne which is close to the northern outskirts of Hull. Local amenities in the village include a convenience store and primary school. It is within the catchment area for Beverley's Grammar and High Schools. A full range of shopping is available at the Kingswood Retail Park, approx 2.5 miles distant, with Hull city centre being about 6.5 miles and the attractive market town of Beverley 8.5 miles distant.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Lobby: Meter cupboard and shelving.
Through Living Room: Includes a contemporary gas fire set within the chimney breast and an open tread hardwood staircase leads off. Two radiators, dado rail and ceiling coving.
Inner Hallway
Bedroom One: With modern triple door sliderobe wardrobes. Radiator.
Bathroom / WC: An original pink suite comprises a panelled bath with a plumbed shower fitted over, pedestal wash-hand basin and low level toilet suite. Tiled walls with radiator.
Kitchen: Fitted with a range of base and wall cabinets in a white oak-effect finish and to include worktops with sink and built-in appliances comprising electric oven and hob with hood above, dishwasher and fridge freezer. Plumbing for automatic washing machine, concealed gas central heating boiler and radiator.
FIRST FLOOR
Landing: With eaves cupboard containing hot water tank and cold water storage tank.
Bedroom Two: Built-in wardrobe cupboards to the front eaves. Radiator.
Bedroom Three: Triple mirror door sliderobe, wall shelving and radiator.
EXTERNAL
Detached Garage (3.05m x 5.36m / 10'0" x 17'6" measured externally): Built of brick with a flat relt roof and approached over a concreted driveway.
Gardens: The road corner position of the property provides a front and side garden contained within boundary railing fence to include a large paved forecourt and side lawn with an established tree. A private walled area of rear garden, between the house and garage, is paved.
Heating and Insulation: The property has gas-fired radiator 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 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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