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56 Market Place, Driffield, YO25 6AW
£550,000 OIRO
Bedrooms
Bathrooms
Reception
The property briefly comprises:- entrance porch, snug, dining room, kitchen, lounge, inner hallway, shower room, family room, first floor landing with primary bedroom and dressing room, a further three double bedrooms, bathroom, large garden to the rear with brick outbuilding and on 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 PORCH- 3'4 (1.04m) x 2'5 (0.75m)
Door to the front aspect, solid wood flooring leading into:
SNUG- 12'11 (3.95m) x 12'3 (3.74m)
A cosy room with sash window to the front aspect, solid wood flooring, radiator, telephone point and power points.
DINING ROOM- 13'2 (4.02m) x 19'11 (6.08m)
Large open space with double aspect sash windows to both sides, inset spotlights, stairs leading to the first floor landing, radiator and power points.
KITCHEN- 13'2 (4.02m) x 11'9 (3.59m)
Country cottage style kitchen with window and door to the side aspects, inset spotlights, exposed beams, tiled splash back, a range of shaker style base units, wall mounted shelving, double belfast sink with draining board, space for fridge/freezer, integrated dishwasher, Aga, stone flooring and power points.
LOUNGE- 13'2 (4.03m) x 12'3 (3.74m)/13'1 (4.00m) x 10'1 (3.08m)
Spacious lounge with French doors and windows to the rear aspect, window to the front aspect, exposed beams, wall lighting, log burning stove with brick surround and stone hearth, fitted carpets, radiator, TV point and power points.
HALLWAY- 4'11 (1.52m) x 10'4 (3.15m)
Window to the rear aspect, spiral staircase, fitted carpets, radiator, telephone point and power points.
SHOWER ROOM- 7'7 (2.34m) x 5'2 (1.58m)
Window to the rear aspect, inset spotlights, partially tiled walls, three piece bathroom suite comprising:- low flush WC, half pedestal sink, shower cubicle, tiled flooring, heated towel rail and extractor fan.
FAMILY ROOM- 13'1 (4.00m) x 12'13 (3.75m)
Door and window to the front aspect, fitted carpets, radiator and power points.
FIRST FLOOR LANDING
Access via the stairs leading from the dining room take you to one of the landing areas which has quaint stained glass window to the side aspect, inset spotlights, exposed beam, fitted carpets and radiator. This leads to:
BEDROOM ONE- 13'8 (4.18m) x 10'8 (3.27m)
Window to the rear and side aspect, exposed beams, built in storage cupboards, fitted carpets, radiator and power points.
DRESSING ROOM- 12'11 (3.94m) x 9'8 (2.96m)
Windows to both side aspect, fitted carpets, radiator and power points.
BEDROOM TWO- 12'9 (3.91m) x 12'8 (3.87m)
Double bedroom with window to the front aspect, exposed beams, fitted carpets, radiator, TV point and power points.
BATHROOM- 8'10 (2.72m) x 9'7 (2.93m)
Newly fitted bathroom with opaque window to the side aspect, partially tiled walls, four piece bathroom suite comprising:- low flush WC, sink with vanity unit, panelled bath with shwoer attachment, large walk in shower, solid wood flooring, heated towel rail and extractor fan.
LANDING
Secondary landing area with windows to the rear aspect, fitted carpets, radiator and power points.
BEDROOM THREE- 13'3 (4.06m) x 12'9 (3.90m)
Window to the front aspect, exposed beams, fitted carpets, radiator and power points.
BEDROOM FOUR- 13'3 (4.06m) x 12'9 (3.90m)
Window to the front aspect, exposed beams, wall lighting, fitted carpets, radiator, TV point and power points.
BOILER ROOM/UTILITY ROOM- 12'2 (3.71m) x 11'9 (3.60m)
Door and window to the side aspect, exposed beams, wall mounted gas boiler, belfast sink, radiator, tiled flooring and power points.
GARDEN
The main focal point of the property and sitting on over a quarter of an acre and boasting a sunny North facing garden which is simply idyllic. The garden is mainly laid with lawn with patio area to the immediate rear and has been landscaped with mature trees, planted flower and shrubs. To the bottom of the garden is a brick outbuilding which is ideal for storage and has power and lighting. There is a greenhouse and log store as well with gated side access to the front.
PARKING
On street parking.
SERVICES
Understood to all be 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 'E'.
EPC-
This property's energy rating is D.
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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