The property briefly comprises:- entrance door straight into the dining area, cosy lounge, kitchen, family bathroom, first floor landing which has three double bedrooms, one of which has a seperate dressing room. To the rear is a large garden with side access to the front and on 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:-
DINING ROOM- 12'1 (3.71m) x 11'3 (3.44m)
Door and window to the front aspect, stairs leading to the first floor landing, laminated wood style flooring, log burner, radiator and power points.
LOUNGE- 11'11 (3.64m) x 11'3 (3.44m)
Window to the front aspect, electric fireplace with tiled hearth, radiator, TV point and power points.
KITCHEN- 18'10 (5.75m) x 7'3 (2.22m)
Door and windows to the rear aspect, combi boiler, tiled splash back, a range of wall and base units, sink with drainer unit, plumbing for washing machine, space for fridge/freezer, space for dishwasher, gas hob, electric oven, stone effect tiled flooring, radiator and power points.
BATHROOM- 5'6 (1.68m) x 6'10 (2.09m)
Opaque window to the rear aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with vanity unit, panelled bath with over head shower attachment, stone effect tiled flooring, heated towel rail and extractor fan.
FIRST FLOOR LANDING
Loft access.
BEDROOM ONE- 11'11 (3.66m) x 11'2 (3.43m)
Window to the front aspect, radiator, TV point and power points.
DRESSING ROOM- 11'10 (3.62m) x 6'8 (2.06m)
Versatile room currently used as a dressing room. It has window to the rear aspect and power points.
BEDROOM TWO- 12'0 (3.67m) x 6'11 (2.12m)
Window to the rear aspect, radiator and power points.
BEDROOM THREE- 8'11 (2.72m) x 11'2 (3.42m)
Window to the front aspect, built in storage cupboard, radiator and power points.
GARDEN
The generous sized garden is one of the most desirable features of the property. It is westerly facing and has a large spacious area to the immediate rear which is laid with patio and gravel secured with fencing, as well as a log store. Beyond the fence is a stunning seating area which enjoys the afternoon sun and also benefits from a garden shed. To the bottom of the garden it is mainly laid to lawn with shurb borders.
PARKING
On street parking.
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 'B'.
EPC- TBC
AGENTS NOTES
All acceptable offers will be subject to an exchange of contracts within 28 days.
VIEWING
Strictly by appointment with the sole agents.
Tenure : Freehold
Council Tax Band : B
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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