This single building plot has full planning permission for a detached dormer house providing 3/4 bedroomed accommodation with two bath/shower rooms, parking and west facing rear garden. The site frontage is 10.3m and the plot widens to about 14.95m, being overall approx 480 sq m. in size. It is set within a small cul-de-sac of mainly semi-detached houses on the northern edge of this popular village. Individual sites of this size and value are increasingly hard to come by and the plot is a great opportunity for self-build or small scale development.
LOCATION
The plot is situated less than a quarter of a mile from the Main Street through Brandesburton along which can be found most of the wide range of amenities offered by the village to include Costcutter and newsagents shops, a post office, two public houses, a junior school and a variety of restaurants. There are also a golf course and water sports facilities in the village which lies adjacent to the A165 Hull to Bridlington road and is within a very reasonable drive of the market towns of Beverley and Driffield, and Hornsea on the east coast. Hull city centre is about 16 miles away.
AGENT'S NOTE
We have been informed and have seen letters to suggest the telegraph pole and underground electricity supply to neighbouring properties that run under the plot are being removed though we are waiting confirmation of when it will happen.
PLANNING CONSENT
Full planning permission was granted on 21st December 2022 under Application Number 22/02692/PLF. A copy of the Notice of Decision and approved plans can be found on the East Riding of Yorkshire Council website using the planning public access page and entering the above application number in the search.
SERVICES
Mains water, electricity, gas and drainage are available in Park Avenue. Interested parties should make their own enquiries as to the exact location of services and cost of connection thereto.
TENURE
Freehold, with vacant possession upon completion.
RIGHT OF WAY
There is a right of access 1m wide over the southern edge of the plot for maintenance of the boundary to the adjacent bungalow.
VIEWING
Please call the agent's Beverley office. Tel: (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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