DESCRIPTION
The position of this extended three bedroomed semi house will appeal to many, especially those who love their sport and value their privacy as the rear garden is bordered by the expanse of the town cricket club's fields. The house is also set at the head of this attractive established 1960's cul-de-sac with views along the road and peaceful surroundings, yet a wide range of Beverley's amenities are within a very reasonable walking distance. A ground floor extension has created a very pleasant l-shaped dining kitchen which opens out onto the garden, and there is good provision of off street parking and a garage.
LOCATION
Within a level half mile or so one can reach Saturday Market, the core of Beverley's central area of shopping, cafes/restaurants and bars, the Tesco store, doctors surgery and girls' High School. The Westwood common pastures on the edge of the town are just a little further distant, and St Mary's Junior school is only quarter of a mile away.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hall: Radiator.
Lounge: Traditional marble-effect fireplace with Adam-style surround contains a living flame gas fire. Two radiators and TV point. This living area opens to:
Study / Dining Area: Understairs cupboard, radiator and multi-paned double doors opening to:
Dining Kitchen: This L-shaped space includes a rear extension to the property, the dining area having a picture window, French doors opening on to the rear garden and a radiator. A comprehensive range of fitments in the kitchen area comprise base and wall cabinets with worktops and inset one and a half bowl sink, built-in electric oven, hob, dishwasher (not working) and fridge/freezer. Plumbing for automatic washing machine and radiator.
FIRST FLOOR
Landing: Fold down ladder access to roof space.
Bedroom One: Fitted with a good range of furniture including deep wardrobes (concealing the combi boiler), dresser with drawers and bedside cabinets. Radiator.
Bedroom Two: Also fitted with furniture comprising wardrobes flanking a bed space with cabinets above and a dresser. Built-in airing cupboard. Radiator.
Bedroom Three: With a bulkhead wardrobe cupboard and fitted high level storage and shelving. Radiator.
Bathroom / WC: With tiled walls and a suite comprising panelled bath, toilet and wash-hand basin. Radiator.
EXTERNAL
Garage: Of concrete sectional build with a modern fibreglass flat roof. This is approached over a joint side driveway.
Garden: The forecourt of the property comprises a large block paved hardstanding, suitable for two vehicles, with a shrub border. To the rear a private garden, backing on to the cricket recreation fields, comprises a patio, lawn and borders which are enclosed by timber fencing.
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.
Tenure: The property is held under freehold title with vacant possession on completion.
Council Tax: 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’.
Viewing: Strictly by appointment with the sole agent’s Beverley office on (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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