The Meadows is an established area of individual detached houses and bungalows and this property occupies an elevated position close to the entrance to the development from the village Main Street. It is therefore close to local amenities and enjoys outlooks to the front across rooftops to fields surrounding the village. The well arranged accommodation enjoys a private rear garden aspect, to include french doors leading out, from each of the lounge, dining kitchen and main bedroom onto a full width paved terrace. The property has very recently been comprehensively re-modelled, renovated and refitted throughout and is in good as new condition with neutral decorations and floorcoverings. This bright and airy bungalow is recommended for those seeking a village home within easy reach of a wide range of faciilities.
LOCATION
Cherry Burton is approximately 3 miles outside the bustling market town of Beverley with good access onto the A1079 Hull to York road, and to Malton and Driffield to the north. The property is a short walk from the pond in the middle of the village, near which are a local shop & post office, pub with restaurant and the village primary school.
THE ACCOMMODATION COMPRISES:
Entrance Vestibule: Radiator.
Hallway: Two radiators and built-in cupboard housing gas boiler.
Lounge: Picture window with French doors to the rear, radiator and feature recessed gas fire.
Dining Kitchen: Kitchen area equipped with base and wall cabinets having marble-effect laminate worktops with sink. Built-in electric oven, hob and dishwasher. There are French doors to the rear and a separate dining space. Radiator.
Utility Room: Fitted worktop and plumbing for automatic washing machine. Radiator.
Separate WC: With toilet and wash-hand basin.
Bedroom Three: Radiator and built-in service meter cupboard.
Bedroom Two: Radiator.
Bedroom One: A rear picture window includes French doors opening to the garden. Radiator.
Bathroom / WC: Suite comprises a shower bath with a plumbed shower and screen fitted above, pedestal wash-hand basin and toilet. Marble-effect splashback tiling. Radiator.
EXTERNAL
Integral Store: Formerly part of a garage with front garage-style door.
Driveway / Parking: A private front driveway has been newly extended to provide a wide area for on-site parking and turning vehicles.
Garden: The property stands behind a front boundary wall and a lawned garden. There are paved pathways around the bungalow and at the rear these extend to provide a full-width terrace area with retaining wall with a couple of steps leading to the lawned garden which has a raised border on the rear boundary. The rear garden is fully enclosed with close-boarded fencing and to the south side a further lawned garden area is secluded behind a high wall with access gates to the driveway.
Heating and Insulation: The property has gas-fired radiator central heating and uPVC double glazing.
Services: All mains services 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 'D' (verbal enquiry only).
Tenure: Freehold. Immediate vacant possession is available.
Viewing: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
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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