A fully modernised cottage with a dining kitchen in this popular village location - NO CHAIN!
Tenure : Freehold
Description
Offered to the market with the advantage of no onward chain is this superb two bedroom mid terrace cottage which is fully modernised to a high standard. The property stands in this increasingly popular village location and provides the following double glazed accommodation; Sitting room, spacious kitchen with dining area, WC, two bedrooms and a shower room. Externally there is an enclosed patio garden.
Location
Middleton on the Wolds village lies on the A614 in an area bounded by the local towns of Beverley, Driffield and Pocklington. The village has a range of amenities including Post office, Chinese takeaway, hairdressers, primary school, recreation fields and a popular public house.
Ground Floor
Sitting Room
With wall mounted electric heater, TV point, built-in alcove cupboard, open fireplace with stone hearth.
Dining Area
With staircase leading off, wood effect laminate flooring, wall mounted electric heater and inset spotlights to the ceiling.
Kitchen
Fitted with a range of base, wall and drawer units with work top space over, fitted electric double oven with four ring ceramic hob and extractor hood over, stainless steel sink with mixer tap, wine rack, space for a fridge/freezer, space and plumbing for a washing machine, inset spotlights to the ceiling, wood effect laminate flooring and heated towel rail.
WC
Fitted with a two piece suite in white comprising low level WC and wash hand basin with mixer tap, laminate flooring.
First Floor
Bedroom One
Wall mounted electric heater.
Bedroom Two
Wall mounted electric heater.
Shower Room
Fitted with a three piece suite comprising fully tiled shower cubicle, low level WC, wash hand basin with mixer tap, tiled flooring, electric heated towel rail, inset spotlights to the ceiling and tiled flooring.
Outside
To the rear is an enclosed area of patio garden.
Services
Mains water, electricity and drainage are connected to the property.
Tenure
The property is Freehold and offered with the benefit of vacant possession upon completion.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. The property is currently shown as listed in Council Tax Band 'A'.
Viewing
Strictly by appointment through the Sole Agents on 01377 241919.
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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