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56 Market Place, Driffield, YO25 6AW
£130,000 Guide Price
Bedrooms
Bathrooms
Reception
Located in a prime location, 3 George Street is a unique and individual three/four bedroom end terrace. Offering versatile accommodation over three floors, this really deserves more than a passing glance. The property doesnt lack space and has an attractive guide price for the amount of accommodation provided. It could make a fabulous investment property or family home.
The property briefly comprises:- an entrance hall, a downstairs bedroom with a wet room, an enclosed courtyard and storage room, a first-floor landing with a family bathroom and access to the roof terrace. The stairs then lead you to the living/dining room and kitchen. On the second floor, there are three additional double bedrooms.
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- 60 (1.84m) x 1311 (4.25m)
Spacious and bright entrance hall with door to the front aspect, coving, dado rail, stairs leading to the first floor landing, tiled flooring, radiator and power points. There is also access to the cellar which has been partially blocked off.
HALLWAY- 106 (3.21m) x 45 (1.37m)
Inner hallway with built in storage cupboard, dado rail, black and red quarry tiles and door leading to:
ENCLOSED COURTYARD- 107 (3.23m) x 182 (5.56m)
A large enclosed courtyard which has power and drainage.
STORAGE- 811 (2.73m) x 910 (3.00m)
Separate storage cupboard with lighting.
BEDROOM TWO/RECEPTION ROOM- 139 (4.19m) x 1310 (4.24m)
Double bedrooms which is currently used as a work space with large window to the front aspect, partially panelled walls, fireplace with wooden surround, laminated flooring, radiator and power points.
WET ROOM- 88 (2.67m) x 75 (2.27m)
Opaque window to the side aspect, partially tiled walls, tiled splash back, sink with vanity unit and radiator. Could easily be fully converted into a fully functioning en-suite with drainage.
FIRST FLOOR LANDING
Split landing with access to the roof terrace, dado rail, fitted carpets, radiator and power points. The stairs continue up to the second floor landing.
BATHROOM- 711 (2.43m) x 1011 (3.34m)
Opaque window to the side aspect, wooden panelled walls, partially tiled, tiled splash back, four piece bathroom suite comprising:- low flush WC, sink with pedestal, shower cubicle, corner bath, storage cupboard, laminated flooring and radiator.
UTILITY ROOM- 510 (1.78m) x 63 (1.93m)
Handy utility space with opaque window to the side aspect, wall mounted gas boiler, built in storage cupboard, worktop, plumbing for washing machine and additional space for other appliances, vinyl flooring and power points.
KITCHEN/BREAKFAST AREA- 132 (4.02m) x 1311 (4.26m)
Window to the front aspect, tiled splash back, a range of walls and base units, one and a half sink with drainer unit and mixer tap, space for fridge/freezer, plumbing for dishwasher, Flavel oven with electric hob, extractor hood, laminated flooring, radiator and power points.
LOUNGE/DINING ROOM- 160 (4.73m) x 267 (8.10m)
Well proportioned and fabulous living space with window to the front aspect, coving, LED wall mounted light fittings, feature wall mounted gas fire, laminated flooring, radiators, TV point, telephone point and power points.
SECOND FLOOR LANDING
Window to the front aspect, dado rail, fitted carpets and power points.
BEDROOM ONE- 139 (4.20m) x 1311 (4.26m)
Sizeable double bedroom with window to the front aspect, feature fireplace, built in wardrobes and wall units, fitted carpets, radiator and power points.
BEDROOM THREE- 156 (4.74m) x 140 (4.29m)
Another double bedroom with window to the front aspect, feature fireplace, fitted carpets, radiator and power points. There is a door leading to:
BEDROOM FOUR- 151 (4.60m) x 115 (3.50m)
A fourth double bedroom with window to the rear aspect, fitted carpets, TV point and power points. There is also loft access.
ROOF TERRACE
The current owners have added this split level roof terrace which is nice and private. It faces North and is a great area to sit and relax.
PARKING
On street parking.
SERVICES
Understood to all be connected to mains gas, water, drainage and electricity.
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 A.
EPC
This propertys energy rating is D
ViewingsMethod of Sale
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday, 26th May 2025, and closing on Wednesday, 28th May, at 1.00 pm. For further legal information relating to this lot, please go to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneers offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of 900 (750 plus VAT) and a buyers premium of 720 (600 + VAT) in addition to the purchase price of the property.
Guide Price
Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Solicitor
Williamsons Solicitors, 45 Lowgate, Hull, East Yorkshire, HU1 1EN, Ref: Jenny Holloway, Tel: 01482 323 697
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.
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