Four bedroom detached home, the property is located on a corner plot and has been extended so offers spacious living. The property briefly comprises:- Hall, kitchen/dining area, downstairs W.C, utility, living room, conservatory, to the first floor is the landing, family bathroom, four bedrooms and an en-suite bathroom located off the main bedroom.
Location
Rowan Avenue is located on the outskirts of Beverley comprising of a variety of Houses and Bungalows, the location is ideal for access to Beverleys town centre, which is just a short 5 minute drive away, and also benefits from convenient routes to Hull, York, Driffield and the east coast. Beverley is an historic market town, with a vibrant town centre full of shopping and recreational opportunities, and a full range of sporting and public transport facilities.
Ground Floor
Hallway: Entrance door, windows to front, stairs to first floor, laminate flooring and a radiator.
Kitchen/Dining Room: Bay window to front, window to rear, tiled flooring, work surfaces, gas hob with extractor over, electric oven, fridge freezer, 1 1/2 bowl sink, wall units and two radiators
Utility: Door to garden, window to rear, work surfaces, washing machine, dishwasher, tiled floor and a radiator.
W.C: Tiled flooring, toilet, sink and a radiator.
Living Room: Square bay window to front, carpet flooring, fire place, television point. sliding doors leading to the conservatory and two radiators.
Conservatory: Windows to both sides and rear, double doors leading onto the garden, tiled flooring and a fan to the ceiling.
First Floor
Landing: Carpet flooring and a loft hatch.
Bedroom One: Window to front elevation, built in wardrobes, carpet flooring and a radiator.
En-Suite Bathroom: Window to front elevation, tiled flooring, tiled walls, toilet, sink, shower cubicle and a heated towel rail.
Bedroom Two: Window to front elevation, cupboard, carpet flooring and a radiator.
Bedroom Three: Window to rear elevation, laminate flooring and a radiator.
Bedroom Four: Window to rear elevation, carpet flooring and a radiator.
Bathroom: Window to rear elevation, tiled flooring, toilet, sink, panelled bath with shower over and a heated towel rail.
Outside
Garage: Power supply and lighting.
Front: To the front of the property is a driveway for two/three cars, and a side drive leading to the Garage.
Rear: To the rear of the property is a private, mainly lawned, good size garden with a paved and decked area.
Heating and Insulation: The property has gas central heating and uPVC double glazing.
Services: All mains services are connected to the property. None of the services or installations have been tested.
Tenure: Freehold. Vacant possession upon completion.
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 'E'.
Viewing: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
Tenure : Freehold
Council Tax Band : E
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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