The property briefly comprises:- entrance into a cosy lounge, kitchen, first floor landing with double bedroom, family bathroom, rear garden and on street parking.
LOCATION
Kilham is nestled in the heart of the Wolds and boasts a range of local amenities including a garage/village shop, a public house and a primary school. Kilham lies just 6 miles from Driffield and 8 Miles from Bridlington.
THE ACCOMMODATION COMPRISES:-
ENTRANCE INTO:
LOUNGE- 12'2 (3.71m) x 11'2 (3.43m)
A cosy and bright living area with door and window to the front aspect, exposed beams, stairs leading to the first floor landing, tiled flooring, radiator, TV point and power points.
KITCHEN- 10'2 (3.11m) x 7'0 (2.14m)
Country cottage style kitchen with door and window to the rear aspect, inset spotlights, exposed beams and brick wall, cupboard housing the gas combi-boiler and extra space for storage, tiled splash back, a range of wall and base units, inset sink, integrated fridge, integrated washing machine, oven and gas hob, tiled flooring and power points.
FIRST FLOOR LANDING
Fitted carpets.
BEDROOM ONE- 12'4 (3.76m) x 11'1 (3.39m)
Double bedroom with window to the front aspect, exposed beams, fitted carpets, radiator and power points.
BATHROOM- 8'7 (2.62m) x 11'3 (3.44m)
Traditional style bathroom with windows to the rear aspect, partially tiled walls, four piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath, fully tiled shower cubicle, tiled flooring, heated towel rail and extractor fan.
GARDEN
West facing garden which is mainly laid to lawn and patio walkway with gated side and rear access.
PARKING
On street parking.
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 'A'.
EPC
This property's energy rating is 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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