Big, bright and ready to go!
This deceptively spacious, nicely presented 2 bed end-of-terrace house is in a great spot, very close to Chanterlands Ave.
The front door opens to a long through lounge with bay windows. The front of the room has a feature fireplace with an electric fire on the hearth and the dining area will accommodate a full dining suite. The kitchen is a square space well equipped with base units, mounted cupboards, an electric cooker and a sink and drainer. A window in the back wall fills this room with natural light.
The rear lobby provides plumbing for a washing machine and opens though an external door to a courtyard at the side of the house. Completing the ground floor is a bathroom with tiled walls, a pedestal basin, WC and a shower over the bath.
To the first floor, there is short landing and to 2 double bedrooms. A drop-down ladder from the main bedroom provides access to the nicely developed loft space with a roof window.
For a detailed look around, please click on the virtual tour link within the photos.
The house benefits from uPVC double glazing and gas central heating. A Landlord’s Gas Safety Certificate and an EICR check are in place.
The property can be viewed by appointment and will be offered for sale with VACANT POSSESSION AND NO CHAIN.
Perth Street – approximately 1.7 miles north-west of the Hull city centre, immediately off Chanterlands Avenue in a popular residential area. Well regarded schooling is very close by and both the University of Hull and the MKM stadium are within walking distance.
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 |
