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The property briefly comprises:- entrance to the kitchen, hallway, WC, lounge/dining room, first floor landing with three double bedrooms, one with en-suite, shower room, integral garage, rear garden and off street parking.
LOCATION
The pictureque village of Wold Newton lies deep within the beautiful Wolds countryside and is built around the village green and pond. The village is conveniently situated between Scarborough and Driffield also offering easy access to the east coast towns of Bridlington and Filey. The village enjoys the benefit of a well regarded infant school and public house.
THE ACCOMMODATION COMPRISES:-
ENTRANCE INTO:
KITCHEN- 9'6 (2.91m) x 11'11 (3.64m)
Well presented kitchen with window to the front aspect, oil fired boiler, tiled splash back, a range of wall and base units, one and a half sink with drainer unit, space for fridge, electric oven, electric hob, extractor hood, vinyl flooring, radiator and power points.
HALLWAY- 6'7 (2.01m) x 4'10 (1.48m)
Stairs leading to the first floor landing, fitted carpets and radiator.
WC- 6'0 (1.85m) x 2'8 (0.83m)
Low flush WC, wall mounted sink, vinyl flooring and extractor fan.
LOUNGE- 17'10 (5.44m) x 11'3 (3.45m)
Light and bright living space with French doors and window to the rear aspect, feature fireplace with marble hearth and surround, fitted carpets, radiator, TV point and power points.
FIRST FLOOR LANDING
Window to the side aspect, fitted carpets, radiator and power points.
BEDROOM ONE- 10'8 (3.26m) x 12'1 (3.70m)
Double bedroom with window to the front aspect, fitted carpets, TV point and power points.
EN-SUITE- 6'11 (2.12m) x 5'11 (1.82m)
Opaque window to the front aspect, partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, shower cubicle, vinyl flooring, radiator and extractor fan.
BEDROOM TWO- 8'11 (2.73m) x 14'9 (4.51m)
Another double bedroom with window to the rear aspect, fitted carpets, radiator, TV point and power points.
BEDROOM THREE- 8'9 (2.67m) x 8'8 (2.64m)
Window to the rear aspect, fitted carpets, TV point and power points.
BATHROOM- 6'11 (2.12m) x 5'11 (1.81m)
Neutral bathroom with partially tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal, panelled bath, vinyl flooring, radiator and extractor fan.
INTEGRAL GARAGE- 8'0 (2.45m) x 15'9 (4.81m)
Up and over door, side pedestrian door, built in shelving and power points.
GARDEN
Easily maintained south facing garden which is partially laid with lawn, patio area to the immediate rear, timber fencing with gated side access.
PARKING
Off street parking for two cars.
SERVICES
Oil fired central heating, mains water and electric.
TENURE
The property is Freehold and offered with the benefit of vacant possession upon 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 'C'.
EPC- D
VIEWING
Strictly by appointment with the sole agents.
FREE VALUATION
If you are looking to sell your own property, we will be very happy to provide you with a free, no obligation market appraisal and valuation. We offer very competitive fees and an outstanding personal service that is rated 5 star by our fully verified clients.
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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