Thoroughly refurbished, upgraded and rewired, this 3-storey, 5 bedroom Avenues home retains the character of the Victorian era with all the benefits of a fresh modern environment. Features include period fireplaces, authentic plasterwork, corbels, ceiling roses, panelled doors and the original staircase.
Through the front door, is a fine entrance hall with a traditional staircase, a low utility cupboard and a cloakroom complete with WC. Stripped, stained floorboards run the length of the hallway and into each of the receptions. The lounge has sash windows and the focal point is an open, period fireplace with shelves and cupboards in recesses. The dining room is a super bright space, with an ornamental black fireplace and a majority-glazed door with windows above and to the side. The opens to the side garden and fills the room with natural light.
An impressive open-plan dining kitchen is fitted with a selection of base units, an integrated halogen hob with an extractor and an electric oven. The dishwasher is also integrated and the replica Belfast sink is positioned in front of a window in the side wall. The washing machine and tall fridge freezer complete the appliances.
A split-level staircase extends to a landing, 3 double bedrooms, a full family bathroom. A further room houses a separate WC and basin. Bedroom 1 has a cupboard built-into the chimney breast recesses and features a stunning period fireplace. Bedroom 2 is a further double room with a fireplace and bedroom 3 has a UPVC double glazed sash window. The bathroom features a new shower bath & screen, a shower from the mixer tap and the modern basin is built into a cabinet. A room adjacent to the bathroom has a WC, basin and a cupboard housing the gas boiler.
For a detailed exploration inside of the property, please check out the Virtual Tour link!
Externally, the house is a picture from the front with low walls to the boundaries, a beautiful monkey-puzzle tree and views of the newly restored fountain along the leafy Avenue. The rear garden is a genuine sun trap. A crazy paved patio, mature plantings, flowerbeds and pebbled areas make this an easy to manage yet glorious space. A wooden sun house sits at the end of garden and a gate opens from here to a pedestrian passage providing access.
Victoria Avenue forms part of the Avenues conservation area, offering good shopping and a range of cafes, restaurants and bars on Chanterlands Avenue. The position of this property puts it in the catchment area of the Bricknell School and Kelvin Hall both of which have a sound reputation. The city centre, the University of Hull and the MKM stadium are easily accessible.
Tenure : Freehold
Council Tax Band : C
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 |
