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56 Market Place, Driffield, YO25 6AW
£182,000
Bedrooms
Bathrooms
Reception
The propery briefly comprises:- entrance hall, WC, lounge, open plan kitchen/dining, first floor landing, two double bedroom, bathroom, rear garden and two allocated off street parking spaces.
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- 3'9 (1.16m) x 4'0 (1.23m)
Composite door to the front aspect, coving, fitted Coir matt and radiator.
WC- 5'6 (1.68m) x 3'5 (1.06m)
Tiled splash back, low flush WC, sink with pedestal, wood effect laminated click flooring, radiator and extractor fan.
LOUNGE- 16'8 (5.09m) x 9'4 (2.85m)
Cosy living area with window to the front aspect, coving, stairs leading to the first floor landing with understairs cupboard, laminated wood effect click flooring, radiator, TV point and power points.
OPEN PLAN KITCHEN/DINING AREA- 10'4 (3.17m) x 13'3 (4.04m)
Modern and stylish open plan area with French doors and window to the rear aspect, inset spotlights, coving, tiled splash back a range of wall and base units, sink with drainer unit, space for fridge/freezer, integrated dishwasher, integrated microwave, oven, electric hob, extractor hood, wood effect laminated click flooring, radiator and power points.
FIRST FLOOR LANDING- 8'8 (2.66m) x 2'10 (0.89m)
Coving, built in cupboard housing the gas boiler, fitted carpets, radiator and power points,
BEDROOM ONE- 10'4 (3.17m) x 13'0 (3.97m)
Double bedroom with windows to the rear, coving, built in wardrobes, fitted carpets, radiator, TV point and power points.
BEDROOM TWO- 7'1 (2.18m) x 13'1 (3.99m)
Another double bedroom with dual aspect windows to the front, coving, built in wardrobe, fitted carpets, radiators, TV point and power points.
BATHROOM- 6'8 (2.03m) x 5'9 (1.77m)
Opaque window to the side aspect, inset spotlights, fully tiled walls, three piece bathroom suite comprising:- low flush WC, sink with pedestal and mixer tap, 'P' shaped bath with over head shower and glass shower screen, tiled flooring, heated towel rail and extractor fan.
GARDEN
South-West facing garden which has been transformed into a beautiful outdoor area
PARKING
Allocated parking spaces for two cars.
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 'B'.
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.
ANTI-MONEY LAUNDERING (AML) REGULATIONS
In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, we are required to carry out identity checks on all purchasers. A charge of 25 + VAT per person will be payable by the purchaser to cover the cost of these checks. This fee is non-refundable and is payable upon acceptance of an offer.
Map location is not available for this property.
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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