
A DETACHED PERIOD HOUSE FOR MODERNISATION WITH A LARGE GARDEN OFFERING POTENTIAL FOR FURTHER DEVELOPMENT IF REQUIRED. QUIET HAMLET TWIXT BEVERLEY & DRIFFIELD.
Description - Set within a peaceful hamlet that is at the end of a no through highway this detached period house is an ideal opportunity for buyers looking for an individual property with potential for modernisation an occupying a good sized garden plot. The house currently provides two bedroomed accommodation but an attached outbuilding has potential to convert to further accommodation and the site has a wide frontage with great scope for more significant further development, including extension of the dwelling and erecting garaging or an outbuilding (subject to planning permission as required). The property is already double glazed, but is in need of general interior modernisation and upgrading.
Location - Aike lies to the north of Beverley, about 8 miles by road, to the east of the A164 to Driffield. The city of Hull is about 18 miles distant. Local schooling is in Beverley and Lockington Primary. The rural surroundings to this small village are ideal for those seeking a quieter lifestyle and interested in countryside pursuits.
The Accommodation Comprises: -
Ground Floor -
Entrance Hall / Utility - Plumbing for automatic washing machine.
Kitchen / Diner - Fitted around with a range of cabinets with cherry wood effect fronts and laminate worktops including a single drainer sink. Electric storage heater.
Shower Room - Includes a tiled shower enclosure with electric shower fitment, wash-hand basin and electric wall heater.
Separate Wc - Low level toilet suite.
Lounge - Fireplace with open fire grate.
Sitting Room - Electric storage heater. Understairs cupboard. Door to stairs leading to:
First Floor -
Landing -
Bedroom One - Built-in cupboard. Electric storage heater.
Bedroom Two - Built-in alcove cupboards incorporating hot water tank (fitted electric immersion heater).
Bathroom / Wc - Grey suite comprising bath, toilet and wash basin with splashback tiling. Electric wall heater.
Outside -
Attached Workshop / Outbuilding - 12'2" x 12'2" (3.71m x 3.71m) - With Belfast sink.
Gardens - The house sits in the south-west corner of a large corner garden plot with a return frontage to Chapel Lane and potential for vehicle access, including reinstating a previous front entrance gate. The garden currently presents a blank canvas and includes a small brick shed, aluminium greenhouse and pair of corrugated iron clad sheds.
Services - Mains water and electricity. Drainage to private septic tank.
Council Tax - Council Tax is payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band 'D' (verbal enquiry only).
Tenure - Freehold. Vacant possession upon completion.
Viewing - Please use the following link to undertake a video tour:
https://my.matterport.com/models/Z75xJo7JMr9
Personal viewing is subject to Covid-19 guidelines. Telephone: 01482 866844.
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
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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