A larger than might be expected modern 3 bedroom detached house providing comprehensive accommodation in this highly sought after area of Beverley. With the advantages you would hope for in modern property such as: off street parking, an en-suite, WC cloaks, utility room and garden, it will really appeal to those who want to live in central Beverley but don’t feel a period property is right for them.
The property will be very recognisable to anyone familiar with this part of town, nestled as it is between properties more typical for its location. It provides excellent access to all that Beverley has to offer, just a short walk away.
With double glazing and gas central heating the accommodation comprises: Entrance Hall, Living Room with feature fireplace, Dining Room, Spacious Garden Room, Fitted Kitchen with appliances including oven, hob and dishwasher, Utility Room and WC Cloaks. To the first floor is a Master Bedroom with en-suite Shower Room, a further Double Bedroom plus another Bedroom currently set up as a walk-in wardrobe/ Study and a Bathroom. The property is set back from the road behind metal railings. A driveway provides off street parking and leads through high wooden gates to a further driveway area and carport. There is also a delightful rear garden with mature planting. All in all, a really lovely property in a great location.
An early viewing is highly recommended. No forward chain.
Accommodation:
Entrance Hall
Living Room
Dining Room
Kitchen
Garden Room
Utility Room
WC Cloaks
First Floor Landing
Master bedroom
En Suite
Bedroom 2
Bedroom 3
Bathroom
Front garden
Driveway & Car Port
Rear Garden
Heating and Insulation: The property has a gas-fired central heating system 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 'E' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (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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