
The property briefly comprises:- entrance hall, lounge, inside access to the garage, downstairs WC, large kitchen diner, stairs leading to the first floor landing, master bedroom with en-suite, three double bedrooms, family bathroom, garden with outside entertaining garden room and off street parking.
LOCATION
Driffield is a traditional established market town which earned its title as Capital of the Wolds by virtue of its central position within the county. The larger towns of Bridlington, Beverley and Malton and cities of York and Hull are within easy travelling distance either by road, rail or bus.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL
Door to the front aspect, door leading to the garage from the side, stairs to first floor landing, coving, tiled flooring, radiator and power points.
LOUNGE- 5.61m (18'5) x 3.15m (10'4)
Window to the front aspect, internal window taking borrowed light from the kitchen/diner, coving, radiator, TV point and power points.
DOWNSTAIRS WC
Tiled flooring, sink with vanity unit, low flush WC, tiled splash back and heated towel rail.
KITCHEN / DINING AREA- 3.38m (11'1) x 7.95m (26'1)
Window and sliding doors to the rear aspect, coving, a range of wall and base units, sink with drainer unit, integrated fridge/freezer, integrated washing machine and dishwasher, wine cooler, built in microwave, built in double electric oven, gas hob, extractor fan, tiled flooring, cast iron radiator, TV point and power points.
FIRST FLOOR LANDING
Access to the loft which has plumbing and power, storage cupboard, radiator and power points.
MASTER BEDROOM- 4.57m (15') x 4.01m (13'2)
Window to the front aspect, door to the en-suite, radiator, TV point and power point.
EN-SUITE- 2.67m (8'9) x 1.90m (6'3)
Opaque window to the front aspect, fully tiled walls, three piece suite comprising: low flush WC, sink with semi-pedestal, walk in fully tiled shower cubicle with rain head, tiled flooring and heated towel rail.
BEDROOM TWO- 5.66m (18'7) x 4.42m (14'6)
Window to the rear aspect, laminated flooring, radiator, TV point and power point.
BEDROOM THREE- 4.62m (15'2) x 2.95m (9'8)
Window to the rear aspect, laminated flooring, radiator, TV point and power point.
BEDROOM FOUR- 3.20m (10'6) x 2.97m (9'9)
Window to the front aspect, radiator, TV point and power point.
FAMILY BATHROOM- 2.34m (7'8) x 1.83m (6')
Opaque window to the side aspect, fully tiled walls, three piece bathroom suite comprising: low flush WC, sink with semi-pedestal, panelled bath with other head shower, tiled flooring, extractor fan, shaving point and heated towel rail.
GARDEN
Partially laid to lawn, patio area with brick bbq, outside seating area with built in gazebo, outside tap and side access.
GARDEN ROOM/BAR- 2.56m (8'5) x 6.21m (20'5)- 2.56m (8'5) x 3.62m (11'1)
Sliding doors and double doors with integrated blinds to the front aspect, coving, base units, integrated fridge, laminated flooring, storage heater, TV points and power points.
GARAGE- 5.41m (17'9) x 2.77m (9'1)
Electric roller door, door to the side, power and lighting.
PARKING
Off street parking for three cars.
SERVICES
All mains services are connected to the property.
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 'E'.
EPC- TBC
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : E
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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