A modern two bedroom semi-detached bungalow on this sought after modern development in Molescroft. With two double bedrooms, bathroom and separate WC, conservatory and garage there is much that will appeal to potential purchasers. Early viewing is highly recommended.
Our clients bought this property a few years ago as a UK base and but have found they are here more than they expected so are now looking for something a little larger. This lovely bungalow has been updated from the original and the addition of a conservatory to the rear makes the most of the garden and adds to the living space. The rear garden is not overlooked and while it is north facing, the property being a bungalow means there is plenty of sunshine in it (when the sun is out at least) for much of the year during the times we want to be outside. There is a good length driveway providing off street parking for a number of cars. With gas fired central heating and uPVC double glazing the nearly 700 sq ft of accommodation comprises: an Entrance Hall, WC Cloaks, nearly 20’ long Living Room, Conservatory, fitted Kitchen, 2 Double Bedrooms and a Bathroom. There are gardens to the front that have been landscaped for ease of maintenance, a driveway, garage and rear gardens which are also landscaped for ease of maintenance.
A lovely property well worth an early viewing.
LOCATION
The property is located on a modern development in the Molescroft area of Beverley and sits on the north side of the town, The nearby A1035 provides connections to the A164 and A1079 giving access to the wider road network. Beverley is a highly regarded market town and provides an excellent range of shops, restaurants, pubs, leisure facilities and is home to its famous Westwood, racecourse and minster. There are a number of pedestrian routes from the wider development of which Marchant Way forms part and these provide useful walking routes to the central parts of Beverley.
ACCOMMODATION
Entrance Hall - cloaks cupboard.
WC Cloaks - with a low flush WC, wash hand basin inset to vanity area and window to the front.
Living Room - at nearly 20’ long a spacious room with a window to the front.
Kitchen - a range of base and wall mounted units incorporating a gas hob and electric oven, work surface and tiled splash backs. Window and door to the side.
Bedroom 1 - a double bedroom with fitted wardrobes and a window to the rear.
Bedroom 2 - a double bedroom with French door leading to the..
Conservatory - double glazed windows to 3 sides and French doors to the side.
Bathroom - a three piece suite in white comprising a P-shaped bath with shower screen and shower over, low flush WC and wash hand basin. Window to side and tiled splash backs.
Driveway and Garage - there is a fairly long drive that leads past the house to a detached garage. Given the size of the front garden and that the garage is set back behind the house largely, it is a decent size and provides parking for a number of cars. The detached brick built garage has an up-and-over door, a window, door to the garden and benefits from a pitched roof providing storage over the rafters. Power & light.
Garden- there is a front garden that has been landscaped for ease of maintenance. The rear garden has also been landscaped for ease of maintenance and has quite a bit of paving. It is not overlooked at the rear as there is a road there but a fence and trees provide considerable screening. There is a greenhouse located behind the garage.
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: Payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band ‘C’ (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 : C
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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