***ADDITIONAL PLOTS RELEASED*** EXCLUSIVE NEW DEVELOPMENT located in the popular and well served Village of Beeford, providing an opportunity to purchase a new four bedroom, three bathroom detached family house built by the well regarded local builders; N P Smith Builders Ltd and John Duggleby Homes Ltd. This plot is scheduled to be completed in early June 2022.
Tenure : Freehold
Description
With a reputation for building outstanding homes to high specifications, we are delighted to bring to the market the three further plot releases on this exclusive new development built by collaborating local builders; N P Smith Builders Ltd and John Duggleby Homes Ltd. Buyers can be assured of exceptional quality in terms of both construction and finish. Number 15 is a superb detached family home that enjoys four generous sized bedrooms, three bathrooms and extends to just under 1590 sq ft of accommodation (excluding the integral garage) over two floors. The gas centrally heated and fully double glazed homes have a full LABC guarantee. This plot is scheduled to be completed in early June 2022.
Location
LOCATION Situated within the popular and conveniently located village of Beeford which provides a host of local amenities such as general store, post office, doctors surgery, church, primary school, playing fields, fish & chip shop, Chinese restaurant and a public house. Further amenities lie within the neighbouring towns of both Bridlington and Driffield and Beeford is also easily commutable to Beverley and Hull.
General Specification
Traditional brick & block construction with a clay pan tile roof covering. Upvc windows. Composite front door. Floating floor to the ground floor. Plaster finish throughout. 6 pencil round skirting boards, 3 architraves, oak internal doors with chrome door furniture. Decoration: Emulsion finish to all walls and ceilings. Gloss paint to all woodwork. Bathroom: Close coupled WC, vanity basin units in a choice of colours. Bath with shower mixer tap. Master en-suite: Kudos shower tray & screen, close coupled WC, built in basin unit. 2nd en-suite: Kudos tray & screen separate WC & basin. Kitchen: Choice of door and worktop finish from builders range by Blossom Avenue Kitchens. Kitchen to include integral appliances including: hob, oven, dishwasher and fridge freezer. Utility room: Choice of finish to units. Plumbing for washing machine. Gas fired combination boiler. Heating via radiators to all rooms. Electrics: Centre lights to all rooms, spots to kitchen and bathrooms, heat & smoke alarms as required, generous allocation of sockets throughout. BT supply, TV points to lounge , kitchen, bed 1 & 2. Provision for electric vehicle charging point and external lights. External: Tarmac finish to the drive, close boarded 1.8m fencing forming division from other properties. Seeded or turfed garden areas. Paved paths to front door, access to side of dwelling, rear path and patio area . 10 yr warranty provided by LABC. All properties will be connected to all mains services and drains. All properties will be served by private access road. Green space and street lighting all to be maintained by Management Co. Each property will be liable for a service charge of £200 per annum.
Entrance Hall
WC
With low level WC and wash hand basin.
Living Room
Kitchen
The kitchen will be fitted with an extensive range of attractive flush style kitchen units including inset sink, base, wall and drawer units with a choice of door and worktop finish from the builders range by Blossom Avenue Kitchens. Kitchen to include integral appliances including: hob, oven, dishwasher and fridge freezer.
Utility Room
With choice of finish to the units and plumbing for a washing machine.
Landing
With built in airing cupboard.
Master Bedroom
En-suite Shower Room
With Kudos shower tray & screen, close coupled WC, vanity wash hand basin.
Bedroom 2
En-suite 2
Bedroom 3
Bedroom 4
Bathroom
With close coupled WC, vanity basin unit in a choice of colour. Bath with shower mixer tap.
Garage
Outside
Front and rear gardens. Tarmac private drive to the garage. Lawns will be either turfed or seeded. Paved paths and patio.
Photographs and Plans
This brochure has been prepared using illustrations and plans that are meant to provide a rough guide as to the layout and finish of the property. The photographs are of similar bathrooms and kitchen that are fitted in other plots that are in a more advanced stage of construction.
Services
All mains services will be connected.
Tenure
Freehold with vacant possession upon completion.
Council Tax
The council Tax banding has not yet been assessed.
Viewing
The property is currently under construction. Interested parties are requested not to go onto the site but to contact the sole agents on 01377 241919 to organise a safe time to inspect the site with the builders.
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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