The property briefly comprises:- entrance hall, large lounge area, kitchen/dining area which has sliding doors leading to the garden, two bedrooms, family bathroom, garage and off street parking.
LOCATION
The property stands in this increasingly popular village location of Middleton on the Wolds. This attractive and picturesque village is located conveniently between Market Weighton, Beverley and Driffield on the A614, less than 10 miles from each with good commuting links to the East Coast, York, Hull and the M62 motorway. St Andrews Church sits in a commanding position just off of the main road and is a major landmark in the village. Middleton on the Wolds CE Primary School has an ofsted rating as ‘Good’ and has pre-school facilities. Tennis, football, cricket, indoor and outdoor bowls clubs are hosted in the village. Other facilities also include a Post Office, Church & Chapel, public house and a Chinese takeaway
THE ACCOMMODATION COMPRISES:
ENTRANCE HALL
Door to the side aspect and storage cupboard.
LOUNGE- 6.26m (20'7) x 3.28m (10'9)
Window to the front aspect, log burner, radiator, TV point and power points.
HALLWAY
Radiator and loft access housing the boiler with a drop down ladder.
KITCHEN/DINING AREA- 6.45m (21'2) x 6.27m (20'7)
Sliding doors and window to the rear leading to the garden, a range of wall and base units, integrated fridge, integrated freezer, plumbing for a washing machine, electric oven, electric hob, extractor hood, extractor fan, sink with drainer unit, tiled splash back. laminated flooring, colum radiator, TV point and power points.
BEDROOM ONE- 3.58m (11'9) x 2.82m (9'3)
Window to the rear aspect, radiator and power points.
BEDROOM TWO- 2.92m (9'7) x 3.17m (10'5)
Window to the side aspect, radiator and power points.
BATHROOM
Opaque window to the side aspect, fully tiled walls, three piece suite comprising:- pannelled bath with over head shower, low flush WC, sink with vanity unit, heated towel rail, lamintaed flooring and extractor fan.
GARDEN
Mainly laid to lawn, garden shed and decking.
GARAGE
Up and over door, door to the side aspect and power.
PARKING
Off street parking for multiple cars.
SERVICES
Mains water, sewage and LPG gas boiler.
TENURE
The property is Freehold and offered with the benefit of vacant possession upon completion.
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- G
VIEWING
Strictly by appointment with the sole agents.
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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