The property briefly comprises:- entrance porch leading to a well proportioned living room, kitchen/diner and sunroom to the ground floor. To the first floor is three bedrooms and family bathroom. The detached single garage sits to the right of the property and the drive provides parking for two cars with off street parking and wrap around garden.
LOCATION
Driffield offers an outstanding array of amenities including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
ENTRANCE PORCH- 3'2 (0.99m) x 5'4 (1.63m)
Door to the front aspect, coving, radiator and power point.
LOUNGE- 14'2 (4.32m) x 15'1 (4.61m)
Large window to the front aspect, coving, stairs leading to the first floor landing, under stairs storage space, radiator, TV point and power points.
KITCHEN/DINING AREA- 10'8 (3.25m) x 15'0 (4.59m)
Window to the side aspect, double doors to the rear aspect, a range of wall and base units, plumbing for dishwasher and washing machine, space for fridge/freezer, sink with drainer units, feature chimney breast which has been used for gas hob, electric oven and extractor fan, tiled flooring, space for a dining table, radiator, TV point and power points.
SUNROOM- 11'0 (3.25m) x 8'6 (2.61m)
Double doors to the side aspect leading out to the garden, windows to all three sides and velux window, expose brick wall, tiled flooring, radiator and power points.
FIRST FLOOR LANDING
Airing cupboard which houses the boiler, power points and loft access.
BEDROOM ONE- 12'3 (3.75m) x 8'8 (2.66m)
Window to the front aspect, fitted wardrobes with sliding doors, coving, radiator, TV point and power points.
BEDROOM TWO- 10'6 (3.20m) x 8'0 (2.46m)
Window to the rear aspect, coving, radiator, TV point and power points.
BEDROOM THREE- 8'6 (2.60m) x 6'3 (1.92m)
Window to the front aspect, coving, fitted wardrobes, radiator and power points.
BATHROOM- 5'5 (1.66m) x 6'8 (2.05m)
Opaque window to the rear aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath with over head shower, tiled flooring, heated towel rail and shaving point.
GARDEN
Wrap around garden to all three sides which is mainly laid to lawn, gravelled and patio seating area, gated access to the driveway, garden shed, vegetable plots to the front aspect, greenhouse and outside tap.
GARAGE / SUMMER HOUSE- 7'7 (2.32m) x 10'6 (3.20m)
The garage has been split into two. One half has been converted and currently used as a summer house. However could easily be converted to a home office or hobby room. It has been boarded and insulated with lighting and power points. The front half is still currently used as a garage with roller door, power and lighting.
PARKING
Off street parking for two cars.
SERVICES
Understood to all be connected to mains. Mains gas, water and electric.
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 'B'.
EPC- C
VIEWING
Strictly by appointment with the sole agents.
FREE VALUATION
If you are looking to sell your own property, we will be very happy to provide you with a free, no obligation market appraisal and valuation. We offer very competitive fees and an outstanding personal service that is rated 5 star by our fully verified clients.
Tenure : Freehold
Council Tax Band : B
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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