NO ONWARD CHAIN! 3 Church Row is a two bedroom mid terrace cottage boasting character and charm. Situated in an idyllic rural village with fantastic local countryside walks, this property is presented in extremely good condition appealing to a variety of purchasers with it being move in ready. The extension to the rear and re-configuration upstairs creates additional living space to this light and airy home.
The property briefly comprises:- entrance into a lounge, open plan kitchen/diner, first floor landing with two bedrooms and shower room, rear garden with brick outbuildings and on street parking.
LOCATION
The pictureque village of Wold Newton lies deep within the beautiful Wolds countryside and is built around the village green and pond. The village is conveniently situated between Scarborough and Driffield also offering easy access to the east coast towns of Bridlington and Filey. The village enjoys the benefit of a well regarded infant school and public house.
THE ACCOMMODATION COMPRISES:-
LOUNGE- 12'0 (3.68m) x 11'0 (3.37m)
Charming, neutral and cosy sitting room with door and window to the front aspect, log burning stove with exposed brick surround and tiled hearth, fitted carpets, radiator, TV point and power points.
KITCHEN/DINING AREA- 19'8 (6.01m) x 10'8 (3.27m)
Extended, open plan kitchen/diner with door and window to the rear aspect and the velux windows in the extension allows the natural light to flood in, partially tiled walls, a range of wall and base units, sink with drainer unit, space for American fridge/freezer, plumbing for washing machine, electric oven, electric hob, extractor hood, tiled flooring, radiator and power points.
Stairs leading to the first floor landing to:
FIRST FLOOR LANDING
Fitted carpets and power points.
BEDROOM ONE- 12'0 (3.68m) x 11'0 (3.37m)
Large double bedroom with window to the front aspect, fitted carpets, radiator, TV point and power points.
BEDROOM TWO- 10'9 (3.29m) x 6'10 (2.10m)
Window to the rear aspect, built in storage cupboard, radiator, TV point and power points. There is also access to the loft.
SHOWER ROOM- 7'7 (2.33m) x 3'9 (1.16m)
Newly fitted shower room with opaque window to the rear aspect, tiled splash back, three piece bathroom suite comprising:- low flush WC, sink with pedestal, fully tiled walk in shower cubicle, laminated flooring and heated towel rail.
GARDEN
Easily maintainable west facing garden which is predominantley laid with patio, planted shrub and flower borders and timber fencing. The rear has shared access with the neighbours.
OUTBUILDINGS/EXTERNAL
The property benefits from a brand new roof in 2020. To the rear there are two brick outbuildings in which one houses the boiler which was brand new in 2022 and ideal for additional storage or potential utility space and an old coal house. There is a lean to which conceals the oil tank.
PARKING
On street parking.
SERVICES
Oil fired central heating, septic tank, mains 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 '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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