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2-4 Baker Street, HU2 8HP
£155,000
Bedrooms
Bathrooms
Reception
An external door opens to an entrance hall with a cupboard beneath the staircase and a bright lounge with a wide angled bay and a contemporary fireplace mounted onto the chimney breast. At the end of the hall is a fantastic dining kitchen stretching across the width of the house and fitted with a fine selection of white base units and drawers with an integrated halogen hob/electric oven and white splashback tiling contrasting with the graphite work surfaces. A sink and drainer is to the back wall and there is plenty of room for the other appliances. The kitchen is designed to allow for a table at the side of the room and a sliding door leads from here to a smart sunroom at the back of the building. To the side of the property is a useful utility room access from an internal door in the kitchen.
A staircase extends from the hallway to a split-level landing with 3 bedrooms. 2 of these offer integrated storage. The bathroom provides a modern white suite with an electric shower over the bath, a folding shower screen and tiling to the walls around. Natural light fills the room from a large escape window.
The house benefits from central heating and the windows and doors are uPVC double glazed.
Outside, the extensive gardens wrap from the front to the back. The plot provides off-road parking and a sectional, rendered garage accessed from Rockley Court.
Location : The area offers convenient access to local amenities. Anlaby Retail Park, located nearby, features a variety of shops including Marks & Spencer, Next, and Asda Living. For families, Anlaby Primary School is within walking distance, and Wolfreton School and Sixth Form College is approximately 1.2 miles away.
Public transport options include Hessle railway station, situated about 1.9 miles away, providing connections to Hull and surrounding areas. The area is served by the Tranby policing neighbourhood under the Humberside Police force.
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.
2-4 Baker Street, HU2 8HP
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