This three bedroomed semi-detached house enjoys a cul-de-sac position and is part of an area of housing built around 27 years ago on the north side of the town. Competitively priced for a home of this type and size, the property offers potential to buyers looking to add value and finish a property to their own requirements. The site includes a private side driveway and an enclosed westerly facing rear garden that is not overlooked.
LOCATION
Wise Close islocated on the outskirts of Beverley, just off the town's northern bypass, Grange Way. This location enjoys speedy access to routes leading from Beverley to Hull, York, Driffield and the east coast. Local schools are the Molescroft Primary and Longcroft Senior School and although it is about a two mile car journey into the town centre, on foot a carefully planned route is much shorter. Beverley is an historic market town, with a vibrant town centre full of shopping and recreational opportunities, and has a good range of sporting and public transport facilities.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hall: Radiator.
Lounge: Double glazed window to front aspect, a marble-effect fireplace with fire surround incorporates a living flame gas fire. Radiator.
Dining Kitchen: Double glazed window to rear aspect fitted with base and wall cabinets with white gloss fronts and granite-effect laminate worktops. Appliances include gas 5-ring hob, electric oven, fridge freezer, auto washer/dryer and dishwashing machine. Radiator and tiled floor.
FIRST FLOOR
Landing: Airing cupboard with hot water tank.
Bedroom One: Two double glazed windows to front elevation, carpet flooring and a radiator.
Bedroom Two: Double glazed window to rear elevation, carpet flooring and a radiator.
Bedroom Three: Double glazed window to rear elevation radiator.
Bathroom / WC: A shower bath is fitted with an electric shower unit and side screen. Wash-hand basin and low level toilet suite. Tiled walls with heated towel radiator.
EXTERNAL
The property has a front lawn and private driveway to the side. The rear garden, with a westerly aspect, comprises a two level area of decking and lawn which are enclosed by high boundary fences and a rear wall.
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 'C' (verbal enquiry only).
Tenure: The property is freehold. Vacant possession upon completion.
Viewing: 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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