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2-4 Baker Street, HU2 8HP
£220,000
Bedrooms
Bathrooms
Reception
This beautifully presented terraced home provides more than 112sq m of stylish accommodation, refurbished and upgraded to a high standard over time whilst retaining period features.
Offered for sale with NO CHAIN & VACANT POSSESSION
Bright rooms and tasteful decor combine to create an uplifting living space. The through lounge shares natural light from the front to the back and the impressive Victorian fireplace is regularly swept and is in working order. At the end of the hallway is a traditional breakfast room leading into a super spacious dining kitchen complete with a range of appliances.
French doors open to the rear garden from the lounge and the kitchen.
A staircase from the entrance hall extends to split-level landing with 3 double bedrooms and a family bathroom features a white suite and shower over the bath.
The house is a picture from the kerbside and at the back is a well maintained lawned garden with a decked patio, paved footpath, gate and fencing.
The works carried out since 2016 include;
The central heating is fired by an Ideal Logic gas condensing boiler installed in 2020 and with a 10-year guarantee the windows are uPVC double glazed.
Main roof re-cover with rafters reinforced and 300mm insulation to all areas of the roof void
New bathroom and Howdens kitchen
Oak flooring to living room
External doors replaced and original windows replaced. Sash windows also recreated in uPVC in the front bay.
Location: Ella Street is very close to Newland Avenue where you will find everything that you need. Cafe bars, restaurants, as many shops as you can count and banks of course. This area has a special vibe - a winning blend of new folks to the area (being close to the University) and long-standing citizens who stick around because they appreciate what HU5/6 has to offer.
Beverley Road and Princes Avenue are within a short walk and host more facilities including public transport links to both the Hull City centre, Cottingham and Beverley.
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.
2-4 Baker Street, HU2 8HP
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