We are delighted to offer to the market this two bedroom semi-detached bungalow , situated in the highly regarded village of Kirk Ella. Briefly comprising to the ground floor an entrance hall, lounge, fitted kitchen and conservatory. To the first floor there are two bedrooms and a modern fitted shower room. Externally the property has a driveway providing parking for several vehicles and a single garage. To the rear the garden is larger than average and has open views over the Kirk Ella School playing field.
Tenure : Freehold
LOCATION
The property is situated on Southella Way within the highly regarded village of Kirk Ella. The surrounding area has a main bus route and includes an excellent range of amenities with nearby shopping parades, retail parks and supermarkets. Haltemprice Sports Centre is easily accessible and the reputable St. Andrew's Primary School is within walking distance. Convenient access is available to Hull, the Humber Bridge and the A63/M62 motorway network.
ENTRANCE HALL
Has a window to the front elevation. Storage cupboard and radiator.
LOUNGE
There is a bay-fronted window, feature fire surround and fitted units. Radiators.
KITCHEN
With a window to the side elevation and comprising a range of solid wood base, wall and drawer units. Built-in oven, granite worktops and single sink with drainer. The room is open plan to:
BEDROOM ONE
With a range of fitted wardrobes. Patio doors lead through to the:
CONSERVATORY
Has French doors leading out on to the garden. Ceramic flooring and radiators.
BEDROOM TWO
With a window to the front elevation.
SHOWER ROOM
With a window to the side elevation and comprising a range of beech-effect units housing a sink and low flush WC. Shower cubicle. Chrome heated towel rail.
OUTSIDE
To the front of the property there is a block-paved driveway leading to a single garage with electric roller door. To the rear there is a larger than average well-tended garden laid mainly to lawn with borders and shrubs. The garden benefits from an open aspect on to Kirk Ella School playing field.
Heating and Insulation
With uPVC double glazing and gas fired radiator central heating.
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
Freehold. Vacant possession on completion.
Viewing
Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
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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