The property briefly comprises:- entrance hall, kitchen, lounge leading to hallway with family bathroom, two bedrooms, master bedroom onto the conservatory, garden, garage and off street parking for multiple cars.
LOCATION:
Driffield is a traditional established market town which earned its title as Capital of the Wolds by virtue of its central position within the county. The larger towns of Bridlington, Beverley and Malton and cities of York and Hull are within easy travelling distance either by road, rail or bus.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL-
Door to the front aspect, wood style laid flooring and storage cupboard.
KITCHEN- 2.95m (9'8) x 3.20m (10'6)
Window to the front aspect, door to the side aspect leading outside, a range of base and wall units, tiled splash back, sink with drainer unit and mixer taps, space for a washing machine or dishwasher, space for fridge/freezer, electric hob, electric oven, extractor hood, extractor fan, wood style laid flooring, cupboard housing the boiler, radiator and power points.
LOUNGE- 6.65m (21'10) x 3.15m (10'4)
Window to the front and side aspect, coving, electric feature fireplace, radiator, TV point and power points.
HALLWAY-
Power points.
BEDROOM ONE- 4.24m (13'11) x 2.72m (8'11)
Sliding doors which lead to the conservatory, coving, built in wardrobes, radiator and power points.
BEDROOM TWO- 3.33m (10'11) x 3.02m (9'11)
Window to the rear aspect, coving, radiator and power points.
BEDROOMS THREE- 2.19m (7'2) x 2.54m (8'4)
Window to the side aspect, radiator and power points.
BATHROOM- 1.93m (6'4) x 1.63m (5'4)
Opaque window to the side aspect, fully tiled, low flush WC, sink with pedestal, shower cubicle with electric shower, laminated flooring and radiator.
CONSERVATORY- 2.25m (7'5) x 2.10m (6'11)
Door to the side aspect into the garden, sliding doors to the front aspect and power points.
GARDEN-
Side access, mainly pebbled with patio and outside shed.
GARAGE-
Up and over door.
PARKING-.
Off street parking for two/three cars.
SERVICES-
All mains services connected to the property.
TENURE-
Freehold.
COUNCIL TAX BAND-
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band 'C'.
EPC- TBC
VIEWING
Strictly by appointment with the sole agents on 01377241919.
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 |
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