
The property briefly comprises:- porch to entrance hall, study, dining room, large lounge area overlooking the garden, kitchen leading to snug, utility room, shower room and bedroom which is currently used as a craft room, first floor landing with three double bedrooms, dressing room, bathroom, walk in wardrobe, additional stairs to second floor with another double bedroom, large garden with patio area and on 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:-
PORCH
Door leading to the entrance hall.
ENTRANCE HALL
Door to the rear aspect leading to the garden, stairs to the first floor landing, stairs leading down to cellar, exposed floor boards and power points.
OFFICE- 3.40m (11'2) x 3.12m (10'3)
Large bay window to the front, picture rails, original built in shutters, original feature fireplace, built in storage cupboards, exposed floor boards, radiator and power points.
DINING ROOM- 4.19m (13'9) x 3.96m (13')
Large bay window to the front, picture rails, original built in shutters, wooden surround feature fireplace, exposed floor boards, radiator and power points.
LOUNGE- 3.78m (12'5) x 3.10m (10'2)
Large window to the rear aspect looking onto the garden, coving, picture rails, log burner with wooden surround and tiled hearth, exposed floor boards, radiator, TV point and power points.
KITCHEN- 4.04m (13'3) x 3.12m (10'3)
Window to the rear aspect, base units, built in storage cupboards, belfast sink, integrated washing machine, gas hob and electric oven with tiled splash back, stone flooring with under floor heating, vertical radiator and power points.
SNUG- 4.11m (13'6) x 1.93m (6'4)
Window to the side aspect, cupboard housing the boiler, flag stone flooring and power points.
UTILITY ROOM
Space for fridge/freezer, plumbing for washing machine, space for dryer, flag stone flooring and power points.
SHOWER ROOM- 1.88m (6'2) x 2.54m (8'4)
Opaque window to the rear aspect, victorian style shower room with partially tiled walls, three piece suite comprising:- fully tiled walk in shower, high flush traditional WC, sink with vanity unit, tiled flooring and traditional heated towel rail.
CRAFT ROOM/BEDROOM FIVE- 5.31m (17'5) x 2.34m (7'8)
Sliding doors to the rear aspect, laminated wood style flooring, radiator, TV point and power points.
CELLAR
Large storage space with lighting.
FIRST FLOOR LANDING
Stairs leading to second floor, stained glass window to the rear, exposed floor boards, power points and storage cupboard currently used as a walk in wardrobe with shelves, rails and lighting.
BEDROOM ONE- 3.96m (13') x 3.76m (12'4)
Window to the front aspect, picture rail, storage cupboard, original feature fireplace, radiator, TV point and power points.
BEDROOM TWO- 3.71m (12'2) x 3.91m (12'10)
Window to the front aspect, picture rail, storage cupboard, radiator, TV point and power points.
BEDROOM THREE- 3.81m (12'6) x 3.71m (12'2)
Window to the rear aspect, picture rail, storage cupboard, radiator and power points.
DRESSING ROOM- 2.29m (7'6) x 3.05m (10')
Window to the rear aspect, exposed floor boards, under stairs cupboard, radiator and power points.
BATHROOM- 4.84m (15'11) x 1.88m (6'2)
Window to the rear and side aspect, three piece suite comprising:- low flush WC, sink with pedestal, free standing roll top bath, wood style flooring, radiator and extractor fan.
SECOND FLOOR
Stairs from the first floor leading up to additional bedroom.
BEDROOM FOUR- 3.99m (13'1) x 3.76m (12'4)
Velux window to the rear aspect, radiator and power points.
GARDEN
Huge outside space with seperate patio/gravelled area for seating, large garden with stunning magnolia tree, hedged boarder, vegetable/fruit patch and two outside sheds.
PARKING
On street parking.
SERVICES
All connected to mains.
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 'C'.
EPC- D
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : C
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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