This fine family home is offered for sale at a price to appeal to those in search of a 3-bedroom property in a popular residential area. Although nicely modernised, some light cosmetic upgrades are required.
An external door opens into a lobby with a meter cupboard and a storage area. An inner door leads into a hallway with a cloakroom/WC off.
Positioned through wide panel-glazed doors from the hallway is a smart fitted kitchen with dark units, a ceramic tiled floor and good space for a dining table. The lounge is a great space with a media wall. From here, an external part-glazed door and French doors open to the lawned garden and patio at the back of the property.
A spindled staircase with panelling to the wall extends to a landing with a full-height airing cupboard housing a small radiator. Bedroom 1 is a double room with a walk-in wardrobe and a boiler cupboard housing the Ideal Esprit condensing boiler. A further double bedroom to the back of the house has laminate flooring and the 3rd bedroom is adjacent to bedroom 2. The bathroom is complete with a bath, vanity basin, WC and a separate shower cubicle. The walls are fully tiled.
For a detailed exploration inside of the property, please check out the Virtual Tour link!
The property benefits from gas central heating, and uPVC double glazing and is available for sale with no chain and vacant possession.
Blackhope Close offers a peaceful setting with a friendly community feel. The location benefits from excellent local amenities, including nearby shops, schools, and healthcare facilities and public transport links to the Hull city centre and major roads. Green spaces and parks in the surrounding area make it an ideal spot for families.
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
