DESCRIPTION
A semi-detached one bedroomed bungalow situated in the popular village of Brandesburton. Briefly comprising an entrance hall, lounge/dining area, bedroom and shower room. To the front of the property there is off-street parking and to the rear an enclosed garden with shed.
LOCATION
St Quintin Park is part of a cul-de-sac housing area that is central in the village leading off the village main street which is the home to a wide range of amenities including Costcutter and newsagents shops, a post office, two public houses, a school and a variety of restaurants. There are also a golf course and water sports facilities in the village which lies adjacent to the A165 Hull to Bridlington road and is within a very reasonable drive of the market towns of Beverley and Driffield together with the seaside town of Hornsea.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hallway: Accessed via a uPVC double glazed door. Storage heater.
Lounge / Dining Area: Featuring a brick fire surround incorporating an electric fire. Patio doors leading on to the rear garden. Electric storage heaters.
Kitchen: With a range of base, wall and drawer units together with a single sink and drainer. Window to the front elevation .
Bedroom: There is a uPVC double glazed window to the rear elevation and an electric storage heater.
Shower Room: Comprising a quadrant shower cubicle, low flush WC and pedestal wash-hand basin. Heated towel radiator.
Outside: To the front of the bungalow off-street parking is provided. There is a side gate leading the rear garden which is laid mainly to lawn with a patio area and shed. Fencing to the boundaries.
Heating and Insulation: The property has electric storage heating together with double glazing in uPVC and timber frames.
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 'A' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewing: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
Tenure : Freehold
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 |
© 2024 Dee Atkinson & Harrison, All Rights Reserved.
