Tenure : Freehold
LOCATION
Wansford is situated on the B1249 road leading to the east coast from the market town of Driffield. The small village has a parish church and local pub/restaurant, with junior schooling being in nearby Nafferton where there is a railway station on the Hull to Scarborough line. The Driffield canal, and West Beck, a chalk stream that forms part of the origins of the River Hull run past the village. Driffield, less than three miles distant, provides shopping, a senior school and wide range of sports and recreation facilities. Beverley 13 miles, York 32 miles, Hornsea 14 miles, Hull 23 miles (approx distances).
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
ENTRANCE HALL
Understairs cupboard, radiator, dado rail and ceiling coving.
SEPARATE WC
White low level toilet suite and vanity wash basin. Ceiling coving and extractor fan.
LOUNGE
Adam style surround to open grate marble fireplace. Two radiators, dado rail and ceiling coving. Half glazed double doors to:
DINING ROOM
Radiator, dado rail and ceiling coving. French doors to rear garden.
KITCHEN
Fitted cabinets in a limed oak-effect finish with laminate worktops include integrated dishwasher, electric oven, hob and sink. Tiled floor extends into:
UTILITY ROOM
Double base unit with extended worktop and single drainer sink. Wall cupboard. Radiator.
FIRST FLOOR
LANDING
Airing cupboard with hot water tank (fitted electric immersion heater). Radiator, dado rail and ceiling coving.
BEDROOM ONE
Radiator and ceiling coving.
EN SUITE SHOWER ROOM
Quadrant shower enclosure with plumbed shower unit, pedestal wash-hand basin and low level toilet suite. Half height wall tiling, radiator and ceiling coving.
BEDROOM TWO
Radiator and ceiling coving.
BEDROOM THREE
Radiator.
BEDROOM FOUR
Radiator.
BATHROOM
An ivory suite with gold-effect fittings includes pedestal wash-hand basin, low level toilet suite and a panelled bath with mixer taps and shower attachments. Half tiled walls, radiator and ceiling coving.
EXTERNAL
INTEGRAL DOUBLE GARAGE
Has twin up-and-over doors (one electrically operated), oil storage tank and central heating boiler. An individual block paved driveway includes forecourt parking.
GARDENS
The established and well maintained gardens provide an attractive setting for the property. At the front, deep planted beds around lawns flank the central driveway. Paths to each side of the property lead to the rear garden which contains paved patios, a lawn and further extensively stocked beds and borders with fenced side boundaries and a hedgerow at the rear boundary with the adjoining grass pasture.
Heating and Insulation
The property has oil-fired radiator central heating and uPVC double glazing.
Services
Mains water and electricity. Private drainage system. None of the services or installations have been tested.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band 'E' (verbal enquiry only).
Tenure
Freehold. Vacant possession on completion.
Viewing
By prior appointment with the agents. Telephone: 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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