This attractively presented two-bedroom property is ideally located for those working in the nearby area, including Catfoss, while also offering excellent access to Beverley, Hornsea and Driffield. Its size and competitive price point make it especially appealing to first-time buyers, investors and a variety of other prospective purchasers.
The house is well maintained throughout, featuring a stylish dining kitchen with fitted appliances and a generous rear garden. To the front, there is gravelled off-street parking for two vehicles.
The property benefits from extensive double glazing. Although there is currently no fixed central heating system, the current owners have comfortably used freestanding electric panel heaters, which could easily be wall-mounted if desired.
Purchasers may wish to explore a range of modern electric heating options available on the market.
The accommodation comprises: Entrance Hall, a cosy Living Room with a feature fireplace, a well-equipped Dining Kitchen including an oven, hob, fridge freezer, and dishwasher, plus a rear Entrance Hall currently utilised for storage due to the French doors from the kitchen.
Upstairs, there are two double Bedrooms, one of which includes fitted wardrobes and a built-in cupboard, along with a modern Bathroom with a three-piece suite.
Externally, the front offers off-road parking and a storage shed. To the rear, the spacious garden is mainly laid to lawn and includes a small pond, a timber shed and two patio areas– ideal for outdoor relaxation or entertaining.
LOCATION
The property is located in the small village of Catfoss. It is a small area in the East Riding of Yorkshire, located a few miles northeast of Beverley. It lies close to the village of Leven and Brandesburton and is situated along the A165 road, which runs between Beverley and Bridlington. The surrounding area is mostly rural, with open countryside and farmland.
ACCOMMODATION
Entrance Hall - stairs to first floor.
Living Room - with feature fireplace.
Dining Kitchen - an attractively fitted kitchen with a range of modern fitted units and appliances including fridge freezer, oven, hob, and dishwasher. Tiled floor and French windows to rear garden. Understairs cupboard.
Rear Entrance Hall - with door to rear but currently used as storage given the French windows to the garden in the neighbouring kitchen.
First Foor Landing
Bedroom 1 - a good sized double bedroom with a window to the front, fitted wardrobes and a built in cupboard.
Bedroom 2 - a smaller double bedroom with a window to the rear.
Bathroom - a modern three piece suite comprising a free-form bath with shower screen and shower over, wash hand basin, low flush WC, tiling to floor and some walls as well as a window to rear.
Outside - there is gravelled off street parking to the front with space for a couple of cars and a shed providing some storage. To the rear of the those is a well established garden with a large area of lawn, some planting, a shed and 2 patio areas with fencing to perimeters.
Heating and Insulation: The property has extensive uPVC double glazing and although there is currently no fixed central heating system, the current owners have informed us that they comfortably use freestanding electric panel heaters, which could easily be wall-mounted if desired.
Services: Mains water, electricity and drainage 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 'A' (verbal enquiry only).
Tenure: Freehold. With vacant possession upon completion
Viewing: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
Tenure : Freehold
Council Tax Band : A
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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