North Cottage is a modern house that was constructed by a renowned local developer in 2005 to a high standard of specification that incorporated numerous character features. It is an attractive semi-detached family home that provides very well proportioned accommodation that is fully double glazed and heated from an oil fired combination boiler. Featuring a gorgeous well equipped living kitchen that opens up to the living room with log burner and patio doors. On the first floor are three generous bedrooms and a family bathroom with shower and a bath. In addition to the superbly presented accommodation, the property enjoys a good sized garden and off-street parking space. An early opportunity to view should not be missed.
LOCATION
Located in a quiet part of the popular Wolds Village of Langtoft which itself is approximately 6 miles from the market town of Driffield and within easy commuting distance of Bridlington, Scarborough, Beverley and Malton.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
ENTRANCE HALL
With radiator, stained tongue and groove flooring, smoke detector, staircase leading off with under stairs dog house, rear entrance door, burglar alarm controls and large storage cupboard.
WC
Fitted with a two-piece suite in white comprising dual flush low-level WC, pedestal wash hand basin wood flooring, radiator and inset ceiling spotlights.
KITCHEN WITH DINING AREA
Fitted with an attractive range of oak fronted units including base, wall and drawer units, granite effect worktop space over, tiled splashbacks, 1 1/2 bowl stainless steel sink with mixer tap, electric fan assisted oven and grill with four ring ceramic hob and extractor canopy over, integrated fridge and dishwasher, radiator, dining area with two wall lights, custom made blinds to the two windows, TV aerial point, USB socket and spotlights to the ceiling. Double doors open to:
LIVING ROOM
This light and airy living space has a cosy atmosphere due to the cast iron log burner that is set in a rustic brick fireplace with a stone hearth creating a focal point to the room. Also featuring alcove cupboard and shelves, radiator, TV aerial point and double French doors to the garden.
UTILITY ROOM
With oil-fired combination boiler (new three and a half years ago), plumbing for an automatic washing machine, work surface, thermostat for the heating, inset ceiling spotlights and extractor fan.
FIRST FLOOR
LANDING
With wood flooring, radiator, access to the loft space and smoke detector.
BEDROOM ONE
With radiator and TV point.
BEDROOM TWO
With radiator and TV point.
BEDROOM THREE
With radiator.
BATHROOM
Fitted with a four-piece suite in white comprising of a panelled bath, pedestal wash hand basin, dual flush low-level WC, separate large fully tiled shower, chrome heated towel rail, and extractor fan.
OUTSIDE
Externally the property offers a gravelled driveway to the front providing off-street parking.
The rear garden has been thoughtfully landscaped to provide a paved patio with lawn beyond and a featured raised border, bench seating and ornamental fish pond. Garden shed and log store.
SERVICES
Mains water, electricity and drainage are all connected. All windows are double glazed and central heating is from an oil fired combination boiler.
TENURE
The property is held under freehold title.
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 agents on 01377 241919.
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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