Kitchen
4.36m (14'4'') x 2.37m (7'9'')
Fitted with a range of base, wall and drawer units with work top space over, tiled splash backs, space and point for an electric cooker, space and plumbing for a washing machine and dishwasher, coving to the central heating and gas central heating boiler. Open archway into:
Dining Area
2.37m (7'9") x 1.95m (6'5")
With smoke detector.
Sitting Room
4.83m (15'10") x 3.90m (12'10")
With TV point, gas fire set in a surround (currently condemned), telephone point, coving to the ceiling and thermostat for the central heating.
Inner Hall
With access to the loft space.
Bedroom 1
3.96m (13') x 2.98m (9'9")
Fitted with a range of wardrobes to one wall and coving to the ceiling.
Bedroom 2
3.62m (11'11") x 3.29m (10'10")
With wall mounted gas heater (currently condemned).
Bedroom 3
3.77m (12'4") x 2.37m (7'9")
Coving to the ceiling.
Bathroom
Fitted with a four piece suite comprising panelled bath, pedestal wash hand basin, low level WC, shower cubicle, part tiled walls, airing cupboard housing the hot water cylinder and wall mounted electric heater.
Outside
To the front of the property is an open plan area of lawned garden and a side driveway which leads to the detached garage 25'7'' x 11'4'' which has power, light and water connected, side personal door, up and over door. The rear garden enjoys a Westerly aspect and laid mainly to lawn with stocked borders and a paved patio area.
Services
All mains services are connected to the property. The central heating is gas warm air ducted heating.
Tenure
Freehold 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' (verbal enquiry only).
Viewing
Strictly by appointment with the sole agents on 01377 241919.
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 £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
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