4 bedroom detached house & builders yard

£725,000 Offers in excess of

4

Bedrooms

1

Bathrooms

4

Reception

Floorplan

A unique opportunity to acquire an attractive 4 bedroom house of over 1800 sq. ft and an attached good sized commercial yard with buildings that may suite a range of purposes. If you are looking for commercial space and want a comfortable house close to it, this could be ideal.


THE HOUSE


An individually built 4 double bedroom detached house in a traditional style occupying a non estate location in this highly regarded East Yorkshire village. The property offers appealing well-presented and proportioned accommodation that is likely to be of interest to a range of purchasers.

The house offers great reception space with a 257 L Shaped Living Room, Separate Dining Room with bay window, Dining Kitchen and two rooms that are potential Studies/Offices. To the first floor there are 4 Double Bedrooms and a house Bathroom.

The accommodation totals 1,834 sq. ft internal living space and comprises: Entrance Hall, WC Cloaks, L-shaped Living Room with windows to two aspects and with double doors opening on to a lovely separate Dining Room with a bay window overlooking the garden. There is a fitted modern Dining Kitchen with fitted appliances including a hob, double oven and dishwasher, also with windows to two aspects and a walk-in Pantry/Utility Room with space for an American-style fridge freezer and a range of fitted units. There are two rooms, one to the front of the property and a larger one to the rear, with potential for use as Studies or other living space. To the first floor is an attractive and light landing, 4 Double Bedrooms, including one currently used as a supplementary Living Room with French windows opening on to a balcony, and a house Bathroom with 4 piece suite in white including a separate shower unit.

There are largely lawned, well-maintained gardens to the front and side of the house with herbaceous borders and a number of mature trees. Lambwath Stream lies to the south of the property which many will find appealing. We understand that the property has never flooded as a result of this. A driveway to the rear of the house leads to a detached garage with a pitched roof.

There is an option to acquire the builders yard to the rear or a part of it which may suit purchasers running their own business.

A really lovely property with accommodation that could be used in a number of ways. Our 360 degree tour will provide a good understanding of how it works and what it offers, but an early internal inspection is highly recommended to fully appreciate it.


ACCOMMODATION


Entrance Hall

WC Cloaks

Living Room - L-shaped, 257" in length with bow window.

Dining Room - Glazed double doors to living room and bay window.

Dining Kitchen - Fitted with a range of appliances.

Study - at front of house.

Utility Room

Office - good size at rear of house.

First Floor Landing

4 Double Bedrooms - one currently used as a living room with balcony.

Bathroom - with separate shower unit.

Gardens to Front & Side - good size and well maintained.

Garage

Commercial Yard & Buildings


DESCRIPTION


The property extends in all to around 0.32 acres or thereabouts and is currently used as a commercial builder's yard. The site is fenced and comprises the following:


ACCOMMODATION


Joiners Workshop 69 7 x 16 6 (21.21m x 5.03m) plus internal WC. Of brick and block construction under a profile sheet roof.

Range of Garaging and storage 4 bay, 2 storey steel portal framed building with pitched asbestos roof including:

Office 21 x 10 5 (6.41m x 3.17m)

Garage 21 x 18.3 (6.41m x 5.56m) with up & over garage doors

Open Storage 213 x 182 (6.49m x 5.54m) with internal staircase to First Floor

Open storage 21 x 188 (6.41m x 5.75m)


First Floor:

Store 1: 21 x 146 (6.41m x 4.41m)

Store 2: 711 x 144 (2.41m x 4.36m)

Store 3: 21 x 4311 max (6.41m x 13.39m)

2 No Workshop/Stores 2810 deepening to 383 x 457

(8.79m deepening to 11.66m x 13.93m approx) plus 2 small internal stores. Of timber frame construction clad blockwork and profile sheet under a pitched asbestos roof with double timber doors and concrete floor.

Lean-to workshop 285 x 179 (8.67m x 5.42m) with roller shutter door.

The property is considered versatile and suitable for a variety of uses. It is available either separately as shown in these particulars or jointly with the adjoining house known as East View.


LOCATION AND ACCESS


The property is located in a non-estate position on Vicarage Lane within Skirlaugh village which provides excellent access on to the A165 Hull Road. The property adjoins the residential dwelling known as East View to the east and a commercial depot to the west. The city of Kingston Upon Hull lies some 8 miles to the south and the market town of Beverley some 10 miles to the north-west. Local amenities include a pub, convenience store, primary school and church. The village provides good links with Beverley and Hull which provide many further amenities, as well as the coast.


PLANNING

Planning enquiries in respect of the property should be directed to East Riding of Yorkshire Council, County Hall, Cross Street, Beverley, HU17 9BA. Tel: 01482 393939.


GENERAL REMARKS AND STIPULATIONS


METHOD OF SALE

The property is for sale by Private Treaty and interested parties should register their interest with Dee Atkinson & Harrison to be kept informed as to how the sale may be concluded. The Vendor reserves the right to complete a sale by any other means at their discretion.


TENURE & POSSESSION

The property is for sale freehold with vacant possession.


SERVICES

We understand mains electricity and water are connected.


PUBLIC RIGHTS OF WAY, EASEMENTS ANDWAYLEAVES

The property is sold with the benefit of all the accustomed or granted rights of way, water, support, drainage, electricity supplies, light, or other easements, or quasi easements and restrictive covenants and all existing or proposed wayleaves for electricity, drainage, water, gas and other pipes whether shown on the plan or indicated in these particulars or not and without any obligations to define the same respectively.


HEATING AND INSULATION

The property has a gas-fired central heating system and uPVC double glazing.


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 E (verbal enquiry only).


TENURE

Freehold. Vacant possession upon completion.


VIEWINGS

Strictly by appointment with the agents Beverley office. Tel: (01482) 866844.



Features
  • Freehold

Nearest Stations:

6.37 miles
Beverley
7.07 miles
Cottingham
7.14 miles
Arram
7.5 miles
Hull
10.4 miles
Hutton Cranswick

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 600825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 57075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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