Tenure : Freehold
Location
This exclusive modern development is located in 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.
Ground Floor
Entrance Hall
Oak flooring, radiator, thermostat for the central heating and staircase leading off.
WC
Fitted with a modern two piece suite in white comprising low level WC, vanity wash hand basin with mixer tap, radiator and tiled flooring.
Kitchen
3.83m (12'7") x 2.62m (8'7")
Fitted with a modern range of base, wall and drawer units with work top space over, tiled splash backs, stainless steel sink with mixer tap, fitted electric double oven with ceramic four ring hob and extractor hood over, integrated dishwasher and fridge/freezer, wine cooler, radiator and laminate flooring.
Sitting Room
4.59m (15'1") x 3.82m (12'6") max
With feature cast iron fireplace having granite hearth and Adam’s style surround, radiator, TV point, oak flooring, French doors to the garden and understairs storage cupboard.
First Floor
Landing
With radiator and staircase leading off to the second floor.
Bedroom 2
3.17m (10'5") x 3.10m (10'2") plus 0.04m (0'2") x 0.04m (0'2")
With built-in storage cupboard, radiator and TV point.
En-suite Bathroom
Fitted with a modern three piece suite in white comprising panelled bath with shower and screen over, combination sink and toilet unit, fully tiled walls and floor, extractor fan and heated towel rail.
Bedroom 3
3.82m (12'6") x 2.67m (8'9") plus 0.04m (0'2") x 0.04m (0'2")
With radiator, TV point and built-in cupboard.
Bedroom 4
2.72m (8'11") x 2.55m (8'4") plus 0.04m (0'2") x 0.04m (0'2")
Radiator and TV point.
Bathroom
Fitted with a modern three piece suite in white comprising panelled bath with shower and screen, vanity wash hand basin with mixer tap, low level WC, fully tiled walls and floor, heated towel rail, extractor fan and inset spotlights to the ceiling.
Second Floor
Landing
With Velux window and door to:
Master Bedroom
3.45m (11'4") x 2.00m (6'7") plus 0.02m (0'1") x 0.02m (0'1")
Two radiators, TV point and eaves storage cupboards.
En-suite Shower Room
Fitted with a three piece suite in white comprising fully tiled shower enclosure, low level WC, vanity wash hand basin with mixer tap, vertical feature radiator, tiled flooring and Velux window.
Outside
The gardens have been beautifully maintained with a generous forecourt garden to the front which is laid mainly to lawn with a paved pathway and shrubs. A useful gated side passageway gives access to the south facing rear garden which includes an area of lawned garden, paved patio, enclosed oil storage tank and wheelie bin store and a gate leading to the off street parking space and single garage. To the rear is a south facing garden which includes an area of lawned garden, paved patio, enclosed oil storage tank and wheelie bin store and a gate leading to the off street parking space and single garage.
Services
Mains water, electricity and drainage are all connected, the central heating is from a oil fired external combi boiler which was newly installed in 2020. The property was fitted with high quality oak finish double glazing throughout also in 2020 with a 10 year guarantee.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. The property is currently listed in council tax band B.
Tenure
The property is held under freehold title with vacant possession on completion.
Viewing
Strictly by appointment with the 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 £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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