Great location, spacious family home, close to schools & Uni – what’s not to like?
This fine property is available for sale in a very popular residential location offering good transport links and with well-regarded schools including Priory Primary School, Kelvin Hall and the Wyke College within a short walk. The University of Hull and a several shops including a Tesco store are also within easy reach.
Nicely presented, this substantial property has been in the same ownership for many years and presents a blank canvas, enabling a buyer to modernise as they wish and create a truly special living space.
A porch leads into an entrance hall and off the hallway the lounge has a wide window to the front and an Adam-style fireplace. Sliding patio doors from the separate dining room open at the rear and beside the diner is a kitchen with good space for appliances and a selection of fitted base units and cupboards. Through the kitchen is a small cloak/2nd WC and an external door from here opens to a passageway linking the front to a beautiful, mature garden at the back with the fields of Cropton Park beyond. Off-road parking for 2 vehicles is available to the front of the house.
A staircase from the entrance hall extends to a landing with lots of natural light and a square hatch to the loft. The 3 bedrooms each benefit from fitted cupboards/wardrobes and a smart bathroom features a full suite, a heated towel rail and a shower over the bath. The Ideal gas boiler is housed in a cupboard in this room.
For a detailed exploration inside of the property, please check out the Virtual Tour link!
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 |
Company Registration Number: 4179534
