
This charming end of terrace period cottage combines the character of beamed ceilings, a woodburning stove in the cosy living room, as well as all the modern conveniences of a fully fitted kitchen, family bathroom and en-suite. The property also has the added bonus of a fully enclosed, good size garden, which provides ample outdoor space as well as a large storage shed, perfect for keen gardeners. Set within a small, East Yorkshire wolds village, this attractive cottage is well presented throughout. It would make a great home for buyers seeking a village community within the countryside, yet with good road links to the area's towns.
LOCATION
Bainton is a village about 6 miles south west of the market town of Driffield and is situated on the A614 which leads to the M62 at Howden and there are good road links to other towns including Beverley, Pocklington & Malton. Hudson Terrace can be found on Church Street, a quiet road on the east side of the village main road and within easy reach of country lane walks available around the village.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hall: Quarry tile floor and wall coat hooks.
Kitchen: Well fitted with a range of white gloss cabinets including wood block worktops and an inset porcelain sink. Built-in electric oven, hob, dishwasher and fridge freezer. A chimney breast reveal now comprises a built-in cupboard providing additional storage and a further understairs cupboard has plumbing for an automatic washing machine and shelving. Beamed ceiling and electric radiator.
Sitting Room: A wood burning stove in the chimney breast reveal has a heavy timber mantlepiece. Beamed ceiling and electric radiator.
Lobby Area: Staircase leading off.
FIRST FLOOR
Landing
Bedroom One: Walk-in wardrobe with hanging rail and shelves. Electric radiator.
En Suite Shower Room: With wall and floor tiling includes a quadrant shower enclosure, pedestal wash-hand basin and low level toilet suite. Heated towel radiator and extractor fan.
Bedroom Two: Electric heater.
Bathroom: With floor and wall tiling and fitted with a panelled bath including shower and screen above, pedestal wash-hand basin and low level toilet. Heated towel rail and airing cupboard with hot water tank (fitted electric immersion heater).
EXTERNAL
A footpath leads to the property from Church Street, alongside 8 Hudson Terrace, and leads on to the rear of the cottages and the gardens. Close to the property there is a small brick store and along a pathway is located the main and good-sized area of garden, enclosed by high timber lap fencing and comprising a lawn and paved patio. Timber shed (4.15m x 2.32m / 13'6" x 7'6") has electricity provided and double entrance doors.
Heating and Insulation: The property has independent electric thermostatically controlled radiators and uPVC double glazing.
Services: Mains water, electricity and drainage are connected to the property. 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 'A' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewing: Strictly by appointment with the agent's Beverley office.
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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