FULLY REFURBISHED BUNGALOW with NO CHAIN and CENTRAL LOCATION
Description - This extremely well presented one bedroom terrace bungalow comes to the market with no forward chain. Having undergone a substantial programme of works including the installation of a new kitchen, new heaters redecoration and attractive floor coverings throughout the property offers comfortable accommodation in a convenient location.
Benefitting from double glazing and electric heating the property sits in a popular area and is just a short walk from the town centre. The accommodation comprises; Lounge, Modern shaker style kitchen with integral oven, hob and dining space, Rear lobby with storage cupboard, Double bedroom and bathroom with corner cubicle and electric shower.
Externally the property enjoys a larger than expected enclosed east facing rear garden with patio, shed and gravelled areas. There is also flagstone courtyard to the front of the property.
Location - Church Close is situated on the northern side of the increasingly popular market town of Driffield which get its Capital of the Wolds title due to its central county location. Nearby towns include Beverley, Bridlington and Malton with the cities of York and Hull easily accessible via road, rail or bus.
The town offers an excellent range of shopping facilities including national stores such as Wilkinsons, Boots, Tescos, W H Smiths and Iceland Foods. A new industrial site is located on the western outskirts of the town and is set to provide continued growth and employment to the area. Driffield is surrounded by a large agricultural community providing both employment and prosperity to the area.
Lounge - 3.62m x 2.82m (11'11" x 9'3") - Electric heater, smoke detector, picture window to kitchen and carpet.
Kitchen/Diner - 3.71m x 2.82m (12'2" x 9'3") - Fitted with a range of shaker style wall and base units with chrome handles, marble effect worktops, one and half bowl stainless steel sink, black ceramic HOTPOINT hob, HOTPOINT oven, electric heater, extractor hood over, space for a washing machine, heat detector and vinyl flooring.
Lobby - Electric heater, storage cupboard housing immersion, access to rear and vinyl flooring.
Bedroom - 3.71m x 2.78m (12'2" x 9'1") - Electric heater and carpet.
Bathroom - Corner shower cubicle with electric shower, white bathroom suite, heated towel rail, wall mounted DIMPLEX electric heater and vinyl flooring.
Outside - To the front of the property is a flag stone courtyard. There is also an enclosed rear garden with patio, shed, gravelled areas and a raised flower bed.
Tenure - Freehold with vacant possession on completion.
Services - Mains water, electricity and drainage are connected to the property.
Council Tax - Council Tax is payable to the East Riding of Yorkshire Council. The property is currently listed in council tax band 'A'.
Viewing - By appointment only with the sole agents on 01377 241919.
Disclaimer: Dee Atkinson & Harrison for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a Contract. No person in the employment of Dee Atkinson & Harrison has any authority to make any representation or warranty whatever in relation to this property.
New Home: Non New Home
Maximum Area (in sq ft) 399 sq ft
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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