The 20ft lounge shares the light from the angled bay windows at the front, through the dining area to a window looking out to the courtyard at the back of the house. Excellent space is provided for soft furnishings and a full dining suite. French doors open from here to the rear courtyard and beneath the staircase is the usual utility cupboard.
The square kitchen is nicely fitted and includes an integrated gas hob/electric oven and a good selection of white base units and cupboards. A matching sink and drainer is positioned in front of a window in the side wall and through the kitchen, the bathroom has a pedestal basin, a WC and a bath with a shower over and a screen to the side. The walls of the bathroom are partly-tiled and behind the bath is a wide window.
A staircase from the hallway extends to a landing with a window in the back wall and 2 double bedrooms. Bedroom 1 is a big room with fitted double wardrobes and bedroom 2 has a uPVC escape window and a wall-mounted Ideal boiler.
The central heating is fired by a gas boiler and the windows and doors are uPVC double glazed.
Outside, the courtyard is a private, walled space.
For a detailed look around, please click on the link to the virtual tour.
Location: Just a short walk to Princes Avenue and its fine selection of cafes and restaurants with easy transport links to the University of Hull, the city centre and surrounding villages. The Hull Royal Infirmary and MKM stadium are close by and well-regarded schooling is a short walk away.
CHAIN FREE, vacant possession and a viewing is strongly recommended!
Tenure : Freehold
Council Tax Band : A
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 0 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 3 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £425k | 0(5)** | ||
| £425k to £625k | 5 | ||
| £625k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
