The property briefly comprises:- entrance hall, kitchen/dining area, lounge, conservatory, first floor landing leading to three good sized bedrooms, bathroom, garden and off street parking.
LOCATION
Nafferton is situated at the foot of the Yorkshire Wolds. The village benefits from a railway station (Hull to Scarborough line) and a regular bus service to Beverley, Driffield, Hull, Bridlington and Scarborough. The village has a good range of facilities including convenience store with post office, fish and chip shop, hairdressers, public houses and Beacon status primary school together with a thriving sports club and Doctors surgery.THE ACCOMODATION COMPRISES:
ENTRANCE HALL
Door to the front aspect, stairs leading to the first floor, radiator and power points.
KITCHEN/DINING ROOM- 3.28m (10'9) x 4.06m (13'4)
Window to the front aspect, a range of base and wall units, tiled splash back, sink and drainer unit, space for dishwasher, space for washing machine/tumble dryer, space for fridge/freezer, gas hob, gas cooker, laminated flooring, raditor and power points.
LOUNGE- 3.15m (10'4) x 4.06m (13'4)
Window to the rear aspect, log burner, radiator, TV point and power points.
CONSERVATORY- 3.05m (10') x 3.23m (10'7)
Double doors to the side aspect, raditor and power points.
FIRST FLOOR LANDING
Window to the side aspect, loft acces, raditor and power points.
BEDROOM ONE- 3.48m (11'5) x 3.38m (11'1)
Window to the front aspect, storage cupboard, radiator, TV point and power points.
BEDROOM TWO- 2.97m (9'9) x 2.62m (8'7)
Window to the rear aspect, raditor and power points.
BEDROOM THREE- 2.03m (6'8) x 3.23m (10'7)
Window to the rear aspect, radiator and power points.
BATHROOM- 1.70m (5'7) x 2.54m (8'4)
Opque windows to the front aspect, partially tiled walls, 3 piece bathroom suite comprising of:- panelled P shaped bath with power shower, low flush WC, wash hand basin with pedestal, laminated flooring and heated towel rail.
GARDEN
Mainly laid to lawn, patio, shed, wood store and side access.
PARKING
Communal parking to the rear of the property.
SERVICES
All connected to mains.
TENURE
The property is held under freehold title with vacant possession on completion.
COUNCIL TAX BAND
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band 'B'.
EPC- D
VIEWING
Strictly by appointment with the sole agents on 01377 241919.
Tenure : Freehold
Council Tax Band : B
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 |
© 2024 Dee Atkinson & Harrison, All Rights Reserved.
