The property briefly comprises:- lounge, dining room, kitchen/breakfast area, first floor landing with two double bedrooms, bathroom, second floor leading to an additional bedroom. There is a garden to the rear, small garden to the front 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:-
LOUNGE- 10'11 (3.33m) x 13'2 (4.02m)
Window and door to the front aspect, electric fire with wooden surround, laminated flooring, radiator, TV point and power points.
DINING ROOM- 11'10 (3.62m) x 10'7 (3.24m)
Spacious dining room with understairs storage cupboard, stairs leading to the first floor landing, laminated flooring, radiator and power points.
KITCHEN/BREAKFAST AREA- 13'3 (4.06m) x 12'8 (3.89m)
Well presented and neutral kitchen with french doors to the rear aspect leading out to the garden. Tiled splash back, cupboard housing the gas boiler, a range of wall and base units, versatile and mobile kitchen island, breakfast bar, sink, integrated fridge/freezer, plumbing for washing machine, additional space for white goods, electric oven, electric hob, extractor fan, laminated flooring, radiator and power points.
FIRST FLOOR LANDING
Stairs leading to the second storey, built in storage cupboard with shelving, fitted carpets and power points.
BEDROOM ONE- 10'10 (3.30m) x 9'5 (2.87m)
Window to the front aspect, fitted carpets, radiator and power points.
BEDROOM TWO- 11'11 (3.64m) x 7'5 (2.28m)
Window to the rear aspect, fitted carpets, radiator and power points.
BATHROOM- 7'10 (2.41m) x 6'10 (2.09m)
Opaque window to the front aspect, tiled splash back, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath with over head shower attachment and glass shower screen, tiled flooring and radiator.
SECOND FLOOR:
BEDROOM THREE- 12'10 (3.93m) x 15'4 (4.68m)
Window to the rear aspect over looking Moot Hill, fitted carpets, radiator and power points.
GARDEN
Well proportioned noth-east garden which has a patio area to the immediate rear with timber pergola, brick wall and steps leading up to a fully enclosed lawned area, borders, timber garden shed, gravelled area with views over Moot Hill. There is also gated side access which brings you to the front of the property.
PARKING
On street parking.
SERVICES
Understood to all be 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 'A'.
EPC- D
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 : A
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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