Location
Routh Avenue is situated just off Grovehill Road in an established and popular area of Beverley. It has a range of local amenities and easy access to the town centre and railway station.
Accommodation
Entrance Hall
With a composite double-glazed entrance door, radiator and stairs to the first floor.
Lounge
With a double glazed window to the front elevation, two radiators, TV aerial point and a fireplace with electric fire. Open plan to the dining/sun room.
Dining/Sun Room
With a double-glazed window to the side elevation together with double-glazed French doors giving access to the rear gardens. Orangery styled roof light, feature high gloss flooring and radiator.
Cloakroom
With double glazed window to the side aspect, high gloss flooring, wc/vanity sink unit.
Kitchen
With twin double-glazed windows to the rear aspect, a composite double-glazed rear entrance door and a further double-glazed window to the side aspect. Fitted with a range of high gloss fronted modern wall and base units with work surfacing incorporating a sink. Electric built-in oven and gas four-ring hob, plumbing for an automatic washing machine, breakfast bar area and an understairs storage cupboard housing the wall-mounted gas central heating boiler.
Landing
With a glazed window to the sid, a built-in storage cupboard and access to the loft with a fold-away loft ladder.
Bedroom One
With a double-glazed window to the rear aspect, a TV aerial point and a radiator.
Bedroom Two
With a double glazed window to the rear aspect and radiator.
Bedroom Three
With a double-glazed window to the front elevation and radiator.
Shower Room
With a double glazed window to the rear elevation, part tiled walls, heated towel radiator, large shower cubicle and a wc/wash hand basin unit.
Outside
To the front of the property is a gravelled garden with fenced surrounds having a side driveway. The extensive rear garden has a paved patio area to a mainly lawned garden with a gravelled area to the rear boundary. Mature shrub borders and fencing to the boundaries. Within the rear garden is a summerhouse measuring approx 95" by 93".
Agents Note
The property is of non-traditional construction.
Tenure
Freehold with vacant possession upon completion.
EPC Rating: D(60)
Services
Mains water, gas, electricity and drainage are connected. None of the services or appliances have not been tested.
Local Authority
This property falls within the geographical area of the East Riding of Yorkshire Council and is listed as being in Council Tax Band A.
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 20th May 2024 and closing on Wednesday 22nd May at 1.00pm. For further legal information relating to this lot please go to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire, before the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT and a buyer’s premium of £900 (£750 plus VAT) in addition to the purchase price of the property.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Guide Price
Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time before the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Online bidding
If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
Tenure : Freehold
Council Tax Band : A
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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