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56 Market Place, Driffield, YO25 6AW
£285,000
Bedrooms
Bathrooms
Reception
The property briefly comprises:- entrance hall, lounge, open plan kitchen/diner/sunroom, utility room, first floor landing with primary bedroom and en-suite, two additional bedrooms, family bathroom, rear garden, detached double garage and off street parking.
LOCATION
Driffield offers an outstanding array of amenities, including shops, restaurants, public houses, quality sports facilities dedicated to Rugby, Golf, Football, Bowls, Cricket and many others, as well as a very highly regarded Secondary School. It also provides excellent road and public transport connections to Hull, Beverley, Bridlington and Scarborough.
THE ACCOMMODATION COMPRISES:-
ENTRANCE HALL- 16'10 (5.14m) x 6'8 (2.04m)
Door to the front aspect, stairs leading to the first floor landing, understairs cupboard, laminated flooring, radiator and power points.
WC- 6'6 (1.98m) x 2'9 (0.86m)
Opaque window to the side aspect, splash back, low flush WC, sink with pedestal and mixer tap, laminated flooring, radiator and power points.
LOUNGE- 15'8 (4.80m) x 9'9 (2.98m)
Cosy sitting area with bay window to the front aspect, laminated flooring, radiator, TV point and power points.
OPEN PLAN KITCHEN/DINER- 22'4 (6.83m) x 13'11 (4.26m)
An open plan modern area with inset spotlights, splash back, a range of sleek and modern wall and base units, one and a half sink with drainer unit and mixer tap, integrated fridge/freezer, integrated dishwasher, built in eye-level double oven, gas hob, extractor hood, laminated flooring, radiator and power points.
SUNROOM
Following on from the kitchen/diner is a beautiful extension that has been added by the current vendors to create a large space for enjoying and hosting. With Bi-folding doors to the rear, double skylights, laminated flooring, wall mounted electric heater and power points.
UTILITY ROOM- 5'5 (1.66m) x 4'4 (1.35m)
Door to the side aspect, wall mounted gas boiler, worktop with splash back, plumbing for washing machine, space for dryer, laminated flooring, radiator and power points.
FIRST FLOOR LANDING- 3'4 (1.02m) x 10'8 (3.27m)
Window to the side aspect, built in cupboard ideal for storage, fitted carpets, radiator and power points.
BEDROOM ONE- 10'5 (3.20m) x 10'1 (3.09m)
Primary double bedroom with window to the front aspect, fitted carpets, radiator, TV point and power points.
EN-SUITE- 10'8 (3.26m) x 3'0 (0.93m)
Stylish shower room with opaque window to the front aspect, isnet spotlights, three piece bathroom suite comprising:- low flush WC, sink with tiled splash back, mixer tap and pedestal, tiled flooring, heated towel rail and extractor fan.
BEDROOM TWO- 8'11 (2.72m) x 7'9 (2.38m)
Window to the rear aspect, fitted wardrobes with sliding doors, fitted carpets, radiator and power points.
BEDROOM THREE- 10'11 (3.33m) x 6'8 (2.05m)
Window to the rear aspect, fitted wardrobes with sliding doors, fitted carpets, radiator and power points.
BATHROOM- 6'10 (2.10m) x 5'7 (1.72m)
Opaque window to the side aspect, inset spotlight, three piece bathroom suite comprising:- low flush WC, sink with tiled splash back, mixer tap and pedestal, 'P' shaped bath with over head rainfall shower and attachment, tiled flooring, heated towel rail and extractor fan.
GARDEN
West facing garden which is mainly laid to lawn, patio area to the immediate rear, timber fencing ensuring its fully secure with gated side and rear access.
DOUBLE GARAGE- 18'0 (5.51m) x 18'3 (5.56m)
Double detached garage with electric up and over door, EV charging point, power and lighting.
PARKING
Off street parking for two cars.
SERVICES
Connected to mains. Mains gas, water and electric.
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 'C'.
EPC
This property's energy rating is B.
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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