**AVAILABLE WITH NO UPWARD CHAIN** An established detached bungalow STANDING ON A FANTASTIC CORNER PLOT on this extremely popular development. SOME UPDATING REQUIRED but the shape and size of plot makes it VERY EXTENDABLE.
Description - Anyone who knows Driffield will recognise that the Mill Falls development is an extremely popular residential area and although this detached bungalow would now benefit from some refurbishment, the corner plot affords itself to the opportunity to extend in two directions (subject to planning consent). The bungalow provides gas centrally heated and uPVC double glazed accommodation that is crying out to be restored by a purchaser looking to put their own stamp on it. Viewing is highly recommended.
Location - Kings Meadow is a small Cul-de-Sac located off Mill Falls, to the North West of the Town Centre. Driffield is a traditional market Town that is conveniently located withing comfortable travlling distance of the East Coast and the larger towns and cities of Beverley, Hull and York.
Hall - With single radiator, PVC front door, access to the roof space and built in storage cupboard.
Living Room - 4.57m x 3.61m (15'0" x 11'10") - With electric fire set in an Adam style fireplace, TV aerial point, telephone point, coving to the ceiling and double radiator.
Kitchen - 3.75m x 2.49m max (12'4" x 8'2" max) - With a range of modern units including base and wall units, glazed display unit, stainless steel sink with mixer tap, plumbing for an automatic washing machine, single radiator, gas double oven and grill, wall mounted gas central heating boiler and open arch to:
Porch - 2.50m x 1.35m (8'2" x 4'5") - With PVC side entrance door.
Bedroom 1 - 3.61m x 3.30m (11'10" x 10'10") - With double radiator and coving to the ceiling.
Bedroom 2 - 3.30m x 3.27m (10'10" x 10'9") - With double radiator and coving to the ceiling, two wall light points and French door to the garden.
Bathroom - With three piece suite including encased bath with Mira electric shower and curtain over, vanity wash hand basin and low level WC. Full height tiling to two walls, single radiator and built in airing cupboard housing the hot water tank.
Outside - The gardens lie to three sides and are full enclosed. A private drive leads to a larger than average concrete sectional single garage with up and over door, power and light connected. To the rear of the property is a paved patio with small ornament pond. To the side is a well maintained garden with lawned area and well stocked borders.
Key Facts For Buyers - To see a comprehensive report giving details of flood risk, council tax payment, local schools and transport in the area please click on the link below or copy and paste it into your web browser.
https://sprift.com/dashboard/property-report/?access_key=57f439f39504882ff4b9a3d27b5c5dba55ed6b054ba6fcf012fc46e1f74b1f10
Services - All mains services are connected.
Tenure - Freehold with vacant possession upon completion. NO UPWARD CHAIN.
Council Tax - The property is currently listed as being in council tax band C.
Viewing - Strictly by appointment with the sole agents.
Disclaimer: Dee Atkinson & Harrison for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a Contract. No person in the employment of Dee Atkinson & Harrison has any authority to make any representation or warranty whatever in relation to this property.
New Home: Non New Home
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 |
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