
The property briefly comprises:- entrance hall with storage cupboard and WC, lounge, kitchen/dining area and conservatory to the ground floor. To the first floor there is four bedrooms, one of which benefits from an en-suite, a lovely family bathroom and landing with storage cupboard. The garden is well presented and single garage with off street parking.
LOCATION
Driffield is a thriving Market Town that provides an excellent range of shopping and other amenities as well as being convenient for the East coast and larger historic Minster towns and cities of Beverley, Hull and York.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 6'3 (1.92m) x 15'5 (4.70m)
Door to the front aspect, stairs leading to the first floor landing, understairs cupboard, laminated flooring, radiator and power points.
LOUNGE- 9'5 (2.89m) x 15'5 (4.70m)
Windows to the side and front aspect drawing in lots of natural light, laminated flooring, radiator, TV point and power points.
WC- 5'6 (1.69m) x 3'1 (0.96m)
Low flush WC, sink with pedestal, partially tiled walls, tiled flooring and radiator.
KITCHEN/DINING AREA- 9'4 (2.86m) x 15'6 (473m)
Window to the side and front aspect, a range of wall and base units, tiled splash back, sink with drainer unit, integrated fridge/freezer, integrated dishwasher, gas hob, integrated double electric oven, extractor hood, tiled flooring and power points.
CONSERVATORY- 9'11 (3.04m) x 12'6 (3.83m)
Windows to all three sides looking out over the garden, double doors to the rear aspect, laminated flooring and power points.
FIRST FLOOR LANDING
Storage cupboard, radiator and power points.
BEDROOM ONE- 15'3 (467m) x 9'10 (3.01m)
Window to the side aspect, radiator, TV point and power points.
EN-SUITE- 3'10 (1.19m) x 9'2 (2.81m)
Opaque window to the side aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, fully tiled shower cubicle, tiled flooring, radiator and extractor fan.
BEDROOM TWO- 9'5 (2.88m) x 15'5 (4.71m)
Windows to the side and front aspect, radiator, TV point and power points.
BEDROOM THREE- 9'6 (2.90m) x 9'0 (2.76m)
Window to the front aspect, panelled walls, radiator and power points.
BEDROOM FOUR- 9'6 (2.90m) x 6'0 (1.85m)
Window to the side aspect, radiator and power points.
BATHROOM- 6'3 (1.91m) x 5'6 (1.70m)
Opaque window to the front aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath with over head shower, tiled flooring, radiator and extractor fan.
GARDEN
Well proportioned and fully enclosed garden which is mainly laid to lawn, has a spacious patio area ideal for seating and side access to off street parking.
GARAGE- 19'9 (6.04m) x 9'11 (3.04m)
Up and over door, combi-boiler, plumbing for a washing machine, space for dryer, power and lighting.
PARKING
Off street parking for two cars.
SERVICES
Understood to all be connected to mains.
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 'D'.
EPC- B
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : D
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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