
The property briefly comprises:- entrance, large lounge, ktichen/dining area, utility space, downstairs shower room, first floor landing with three bedrooms and family bathroom. Rear and front garden with off street parking.
LOCATION
Cowlam is an unspoilt hamlet located just 7 miles north of the thriving market town of Driffield. The neighbouring village of Sledmere offers a traditional local pub, primary school and stately home. Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. From Cowlam, you also have easy access to Malton, York and Bridlington.
THE ACCOMMODATION COMPRISES:-
ENTRANCE
Door to the front aspect, stairs leading to the first floor landing and tiled flooring.
LOUNGE- 11'9 (3.58m) x 17'0 (5.20m)
Window to the front and double doors to the rear which leads to the garden, log burner with tiled surround and slate hearth, tiled flooring, radiator, TV point and power points.
KITCHEN/DINING AREA- 11'7 (3.55m) x 17'1 (5.22m)
Windows to the front and rear aspect, a range of wall and base units, tiled splash back, ceramic sink with drainer unit, space for fridge, electric hob, electric oven, extractor hood, tiled flooring, radiator, TV point and power points.
UTILITY ROOM- 7'11 (2.42m) x 7'1 (2.17m)
Window to the front aspect, door to the rear aspect, wall mounted boiler, base units with wooden counter tops, tiled splash back, belfast sink with mixer taps, plumbing for washing machine, space for additional white goods, tiled flooring, radiator and power points.
SHOWER ROOM- 4'6 (1.39m) x 5'10 (1.80m)
Window to the rear aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, walk in fully tiled shower cubicle with electric shower and tiled flooring.
FIRST FLOOR LANDING
Window to the rear aspect and exposed floor boards,
BEDROOM ONE- 12'1 (3.71m) x 11'0 (3.36m)
Window to the front and side aspect, built in wardrobe with sliding doors, exposed floor boards, radiator and power points.
BEDROOM TWO- 12'0 (3.66m) x 8'9 (2.68m)
Window to the front aspect, built in wardrobe with sliding doors, exposed floor boards, radiator and power points. There is loft access which is partially borded and insulated.
BEDROOM THREE- 9'0 (2.77m) x 7'10 (2.41m)
Window to the rear aspect, exposed floor boards, radiator and power points.
BATHROOM- 9'2 (2.80m) x 5'9 (1.77m)
Window to the rear aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath with mixer taps and over head shower attachment, exposed floor boards, heated towel rail and extractor fan.
GARDEN
West facing garden over looking the stunning countryside which is mainly laid to lawn, patio area which could have a storage shed erected. There is a front garden which is mainly laid to lawn with flowers and shrubs and side access to get to the back garden.
PARKING
Off street parking for two/three cars.
SERVICES
Boiler in position to facilitate instalation of LPG gas or oil. Mains electric, water and septic tank.
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- G
VIEWING
Strictly by appointment with the sole agents.
FREE VALUATION
If you are looking to sell your own property, we will be very happy to provide you with a free, no obligation market appraisal and valuation. We offer very competitive fees and an outstanding personal service that is rated 5 star by our fully verified clients.
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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