Bright, spacious and sure to go!
Off the welcoming entrance hall is a long through lounge, with plenty of space for soft furnishings and a full dining suite. Beneath the staircase is the usual utility cupboard and a cloak area.
The white kitchen is made-to-measure and makes the best of the space on offer. The fitted base units and cupboards are interrupted by an integrated oven hob and extractor and there is accommodation for a washer and a tall fridge freezer. A half-glazed uPVC door opens from the kitchen to the rear courtyard
A staircase from the hallway extends to the first-floor landing with loft access. The 2 bedrooms are both doubles and at the end of the landing is a full family bathroom with a shower over the bath.
The property is fitted with gas central heating, the windows are uPVC double glazed and the main roof has been re-covered. All things considered, this presents an ideal opportunity for a first-time looking for a perfect home in move-in condition.
For a detailed exploration inside of the property, please check out the Virtual Tour link!
Positioned approx. 3km north-west of the Hull City centre and a short walk to Chanterlands Avenue and Princes Avenue with its excellent array of cafes and restaurants. Easy transport links to the University and the surrounding villages are on offer and the well-regarded Thoresby Primary School is within a short stroll.
CHAIN FREE and a viewing is strongly recommended!
Tenure : Freehold
Council Tax Band : A
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 |
Company Registration Number: 4179534
