Three bedroom townhouse located on the popular development in Kingswood, the home would be perfect for families or potentially first time buyers looking to get on the property ladder. The property briefly comprises:- Entrance hall, kitchen, downstairs W.C, living room, to the first floor is two double bedrooms and a bathroom and on the second floor is a very large bedroom with en-suite.
LOCATION
The area is very popular and is home to a variety of amenities such as a large supermarket, wide selection of restaurants and bars, cinema, bowling alley, gym and a range of retail outlets.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Hallway: Wood effect flooring and a radiator.
Kitchen: Double glazed window to front aspect, range of wall and base units, work surfaces, stainless steel sink and drainer unit, fridgefreezer, space for washing machine, integrated dishwasher, gas hob with extractor over, electric oven and a radiator.
Downstairs W.C: Low level W.C, hand wash basin, vinyl flooring and a radiator.
Living Room: Double glazed windows to rear aspect, French doors to rear, carpet flooring, television point, and two radiators.
First Floor
Landing: Carpet flooring and a radiator.
Bedroom Two: Double glazed window to rear elevation, carpet flooring and a radiator.
Bedroom Three: Two double glazed windows to the front elevation, carpet flooring and a radiator.
Bathroom: White suite comprising of low level W.C, pedestal hand wash basin, panelled bath with shower over, vinyl flooring, storage shelves and a radiator.
Second Floor
Bedroom One: Double glazed window to the front elevation, double glazed window to the rear elevation, carpet flooring, large storage cupboard and two radiators.
En-Suite: Window to rear elevation, walk in shower cubicle, low level W.C, pedestal hand wash basin, vinyl flooring and a radiator.
Outside: To the front is a small gravelled area with a path to the front door. To the rear is a south facing low maintenance garden, partially paved and partial artificial grass with a rear access gate.
Garage/Parking: To the rear is a single garage with power supply and lighting. In front of the garage is a driveway and parking for two cars.
Heating and Insulation: The property has gas 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 Kingston-upon-Hull City Council. The property is shown in the Council Tax Property Bandings List in Valuation Band 'C' (verbal enquiry only).
Tenure: Freehold.
All interested parties please be aware that one of the vendors is an employee of Dee Atkinson & Harrison.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
Tenure : Freehold
Council Tax Band : C
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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