This traditional 2 bedroom semi-detached home is available for sale with extensive gardens, private parking to the front and in an excellent location. Finishing touches are required to make this perfect.
The appeal from the outside is obvious, and the inside doesn’t disappoint. Good room sizes, a lounge with bay windows, a dining room with lots of natural light from windows to the side and back and a separate kitchen. An opportunity exists to open this area up and then develop into the pantry, utility room and cloak/WC at the back of the house. A redefining of the rooms provides bags of potential to use the space in a different way.
To the side of the house is a pathway with a gate linking the extensive front and side gardens with the long lawned gardens at the back.
A staircase from the hallway extends to a landing with a window in the side wall and a landing. Bedroom 1 is a double room with integrated storage and bedroom 2 is a further double room to the back of the house. The walls of the large first-floor bathroom are tiled around a bath with an electric shower over. A basin and WC complete the suite.
For a detailed exploration inside of the property, please check out the Virtual Tour link!
Location: Seafield Road is off the Broadway, a beautiful conservation area to the east of the Hull City Centre. The property is on a bus route and a full range of shopping amenities including a Morrisons supermarket is within walking distance.
An early 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 |
Company Registration Number: 4179534
