DESCRIPTION
Behind the facade of this traditional late 19th century terraced house lies a highly individual and imaginatively extended two bedroomed home. A full width extension to the rear has added living space comprising a superb garden/dining room that is both open to a modernist Kitchen and has a glazed rear elevation with outlook and access out to the garden. The house has also been altered on the first floor which comprises a main bedroom with en-suite and "family" bathroom serving a second attic bedroom. Gas fired central heating and double glazing are provided. This unique property has been used by the vendors for many years as a holiday rental home, and the furniture would also be available for purchase by any interested buyer.
LOCATION
The house is about half a mile north east of the Saturday Market Place in central Beverley which offers an extensive range of retail shopping opportunities, as well as bars and cafes. Closer to hand there are supermarkets, the bus station, doctors and dentists along with the town's rugby and cricket clubs. This is an excellent position for access to Beverley's many facilities which also include a train staation, historic Minster, Flemingate's modern retail and leisure development and both golf and race courses on the Westwood common pastures that border the town to the west.
THE ACCOMMODATION COMPRISES:
GROUND FLOOR
Entrance Hallway: Radiator.
Lounge: A chimney breast fireplace contains a wood burning stove and there are fitted alcove cupboards and bookshelves. Radiator.
Kitchen: Equipped with a range of base and wall cabinets with gloss-finish doors and worktops incorporating one and a half bowl single drainer sink. Built-in gas oven, electric hob and cooker hood. Plumbing for automatic washing machine and fridge space. Radiator. Understairs cupboard.
Day Room: With two Velux roof windows and glazed rear elevation with central door opening to the garden. Radiator.
FIRST FLOOR:
Landing: Staircase continues to the attic with storage beneath.
Bedroom One: Includes sliderobe with four mirrored doors. Radiator.
En Suite Shower Room: With plumbed shower enclosure, pedestal wash-hand basin and low level WC. Wall and floor tiling.
Bathroom / WC: Suite comprises a panelled bath with plumbed shower fitted above, pedestal wash-hand basin and low level toilet suite. Radiator and cupboard housing gas combination boiler.
SECOND FLOOR
Landing: Roof window and eaves level storage cupboard.
Bedroom Two: Roof window and radiator.
OUTSIDE:
Garden: At the rear of the property an area of wooden decking extends to a gravelled garden that is enclosed by mature shrubs and trees. A timber shed is located at the bottom of the garden where there is also a pedestrian accessway.
Heating and Insulation: The property has gas fired radiator central heating and double glazing in uPVC and timber frames.
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 'B' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewing: Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.
Tenure : Freehold
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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