Nicely positioned, with easy access to the market place in the centre of Beverley, this smart, 2 bedroom end of terrace home is a must see.
A front garden sets the house nicely back from the kerbside with hedging to the front boundary. The front door opens to a pleasant lounge with a feature fireplace and pastel shade décor. The dining room is well proportioned, providing original cupboards in the chimney breast recess and further storage beneath the staircase. A galley kitchen includes an integrated oven with a gas hob and wide windows in the opposite wall behind the stainless-steel sink and drainer. At the back of the house is a bathroom with a full suite, tiling around the bath and an electric shower over.
A short hallway provides access to an understair cupboard and leads into a dining area with good space for a suite. The modern kitchen is nicely fitted with shiny grey base units / cupboards and a round stainless sink in front of a window in the side wall. A lobby area provides storage and an external door opens to the courtyard. At back of the house is a bathroom with a full suite.
A staircase from a short hallway between the lounge and dining room extends to the first-floor landing and 2 similarly sized double bedrooms.
At the back of the house is a south facing garden and a detached garage.
Available for sale with vacant possession and no chain, this tidy home must make appeal to first time buyers and investors alike.
Location : The popular historic town of Beverley in East Yorkshire offers a fine range of local amenities and a wide selection of shops, many high street chains, Public Houses and restaurants. The recent Flemingate development provides additional shopping, restaurants and a cinema. The town is well situated for access to Hull, York and the M62.
Tenure : Freehold
Council Tax Band : A
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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 |
