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56 Market Place, Driffield, YO25 6AW
£360,000 Guide Price
Bedrooms
Bathrooms
Reception
The propery briefly comprises:- entrance hall, dining room, lounge, conservatory, kitchen, utility room, primary bedroom with en-suite, two additional bedrooms, bathroom, garden, garage and off street parking.
LOCATION
Kilham is nestled in the heart of the Wolds and boasts a range of local amenities including a garage/village shop, a public house and a primary school. Kilham lies just 6 miles from Driffield and 8 Miles from Bridlington.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 21'4 (6.52m) x 4'4 (1.33m)
Door to the front aspect, coving, two built in storage cupboards, one housing the water tank, fitted carpets, radiator and power points.
DINING ROOM- 13'8 (4.17m) x 10'8 (3.26m)
French doors to the rear, coving, fitted carpets, radiator and power points leading to:
LOUNGE- 16'7 (5.06m) x 14'6 (4.42m)
Spacious living area with windows to the rear and side aspect, coving, gas fireplace with surround and hearth, fitted carpets, radiator, TV point and power points.
CONSERVATORY- 10'9 (3.28m) x 10'10 (3.33m)
French doors to the side aspect, windows to all three sides, fitted carpets and power points.
KITCHEN- 13'9 (4.20m) x 10'3 (3.14m)
Windows to the rear aspect, inset spotlights, tiled splash back, a range of wall and base units with under counter spotlights, one and a half sink with drainer unit, space for fridge/freezer, integrated fridge/freezer, eye-level double oven, gas hob, extractor hood, vinyl flooring, radiator and power points.
UTILITY ROOM- 5'6 (1.69m) x 10'3 (3.15m)
Door and window to the side aspect, coving, tiled splash back, a range of wall and base units, one and a half sink with drainer unit, plumbing for washing machine, space for dryer, vinyl flooring, radiator and power points.
BEDROOM ONE- 15'4 (4.69m) x 10'1 (3.09m)
Double bedroom with window to the front aspect, coving, fitted carpets, radiator, TV point and power points.
EN-SUITE- 5'11 (1.83m) x 6'9 (2.06m)
Coving, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with vanity unit and built in shelving, shower cubicle, tiled flooring, radiator and extractor fan.
BEDROOM TWO- 11'9 (3.59m) x 10'3 (3.14m)
Window to the front aspect, coving, fitted carpets, radiator and power points.
BEDROOM THREE- 7'3 (2.22m) x 10'4 (3.15m)
Window to the side aspect, coving, fitted carpets, radiator and power points.
BATHROOM- 7'0 (2.15m) x 8'1 (2.48m)
Inset spotlights, coving, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with vanity units, panelled bath, tiled flooring, radiator and extractor fan.
GARAGE- 19'7 (5.99m) x 9'11 (3.04m)
Up and over door, wall mounted gas boiler, power and lighting.
GARDEN
East facing garden which is mainly laid with lawn, patio area which wraps round the garden, greenhouse, planted flower and shrubs, mature trees, timber fencing and gated side access.
PARKING
Off street parking for two cars.
SERVICES
Understood to all be connected to mains.
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 'D'.
EPC- TBC
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.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
56 Market Place, Driffield, YO25 6AW
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