3 bedroom house - semi-detached for sale

£180,000

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan

A well proportioned 3 bedroom semi detached house in this well regarded East Yorkshire village located just north of Hull. The property has been extended to the front providing useful extra space in the dining room. It will make an excellent family home and there is no forward chain. Early viewing is essential.

The house provides comprehensive accommodation and even the 3rd bedroom is a decent size. There are two good sized living rooms and a ground floor WC. The property benefits from gas-fired radiator central heating and extensive uPVC double glazing. The accommodation briefly comprises: An Entrance Hall, WC, good sized Living Room, Dining Room and fitted Kitchen. To the first floor are 2 Double Bedrooms, a reasonable Single Bedroom and a Bathroom. There are gardens to the front of the property, a driveway with space for a number of vehicles leads to a single detached garage and there are further largely lawned gardens to the rear.

An excellent family home in an appealing village location available with no forward chain. Early viewing is essential.

LOCATION


The property is situated in an attractive position on the Main Street of Wawne, a popular East Yorkshire village just north of Hull. Village amenities include a shop and post office, a primary school, beauty salon and a church. Nearby Kingswood provides an extensive range of shops, restaurants, leisure facilities and other amenities.


ACCOMMODATION


Entrance Hall

WC - low flush WC.

Living Room - a spacious living room with sliding patio doors to the garden.

Dining Room - an extended room with a cupboard under the stairs.

Kitchen - with a range of base and wall mounted fitted units.

First Floor Landing

Bedroom - a double bedroom.

Bedroom 2 - a double bedroom.

Bedroom 3 - a reasonable sized single bedroom.

Bathroom - with a three piece modern suite in white including panelled bath with shower over.

Outside - there are largely lawned gardens setting it back from the road and an attractive low brick wall to the front of the property. A driveway leads past the side of the property and provides off street parking for a number of cars. The driveway leads in turn to a single detached garage with up and over door. There are further largely lawned gardens to the rear of the house with fencing to perimeters.


Heating and Insulation:The property has gas-fired radiator central heating and extensive uPVC doubleglazing.

Services:All mains services are connected to the property. None of the services or installations have been tested.

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 'B' (verbal enquiry only).

Tenure:Freehold. Vacant possession upon completion.

Viewing:Strictly by appointment with the agent's Beverley office. Telephone: 01482 866844.

Nearest Stations:

3.5 miles
Cottingham
3.66 miles
Beverley
5.01 miles
Hull
5.75 miles
Arram
7.93 miles
Hessle

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

£ 142200

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
    £ 4500
  • 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

£ 7200
  • 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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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

Notes

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