A traditional style three bedroom mid town house located on a cul de sac superbly located for access to Beverley town centre. The well presented accommodation will suit a range of purchasers from families to downsizers and early viewings are highly recommended.
The bay fronted property has accommodation laid out over two floors. The ground floor offers an Entrance Hall, a Living Room with an archway connecting to a Dining Room which has French windows opening onto the garden, an attractively fitted Kitchen with a range of modern units, rear Entrance Hall and a ground floor Bathroom. To the first floor are 2 Double Bedrooms, one with a bay window, a Single Bedroom and a Shower Room. The shower room as well as the bathroom will be of particular interest to a number of purchasers and if the ground floor bathroom wasn’t important to a purchaser the space may provide an opportunity for separate utility room or other use. There is a small garden to the front of the property which other similar properties have turned into off street parking (subject to necessary permissions) and further gardens to the rear which are of good size given the proximity to the town centre. Gas central heating and extensive uPVC double glazing.
The current owners have outgrown the house and so are reluctantly moving. The house is in good condition but may offer some opportunity for reconfiguration or even extension (subject to necessary permissions). An early internal inspection is highly recommended but our 360 degree tour will provide an excellent overview in the first instance.
LOCATION
Park Avenue is the first turning left off Manor Road as you head away from Beverley town centre. It is a cul de sac with a mixture of bungalows and town houses. Its proximity to the town centre as well as the highly regarded St Mary’s Primary school will be very appealing for many. Obviously the extensive range of shops and amenities Beverley offers are within easy reach but routes out of Beverley via nearby York Road and the A1035 are also easily accessible.
ACCOMMODATION
Entrance Hall - stairs to first floor.
Living Room - with bay window to the front and archway to…
Dining Room - a spacious room with French windows to the rear garden.
Kitchen - a modern fitted kitchen with a range of base and wall mounted units with a fitted hob, electric oven and integral fitted freezer.
Rear Entrance Hall - plumbing for automatic washing machine.
Bathroom - with a 3 piece modern white suite including a shower over the bath.
First Floor Landing
Bedroom 1 - a double bedroom with bay window to front.
Bedroom 2 - a double bedroom with fitted wardrobes.
Bedroom 3 - a single bedroom.
Shower Room - a three piece modern white suite.
OUTSIDE
There is small garden to the front of the property. Many similar properties on the street have used this for off street parking after getting permission for and dropping the kerb. There is permit parking in various bays along the street. To the rear of the property are largely lawned gardens with a paved patio area, beds and borders and timber fencing to the rear.
Heating and Insulation: The property has gas-fired central heating and extensive uPVC double glazing.
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 '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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