Internally the accomodation briefly comprises; good size entrance hall, modern breakfast kitchen, lounge, utility room, downstairs w.c., first floor landing, three baedrooms and family bathroom. There is off road parking to the front and large, mature gardens to the rear which gives access to the deatched garage. A new combination boiler was fitted in 2018, further seviced April 2021 making this an ideal opportunityy for a first time buyer to move straight in to.
Interest on this is sure to be vast and so we highly recommend early viewings to ensure you dont miss out!!
Entrance Hall; Door to front, stairs to first floor, doors to kitchen, utility and downstairs w.c.
Downstairs W.C.; Window to side, low flush w.c., wall mounted wash basin.
Utility; Window to side, wall mounted combination BEXI boiler, part tiled walls, space and plumbing for white goods.
Breakfast Kitchen; Door to rear garden, window to rear, , range of modern wall and base units updated in Farrow and Ball 'Railings' furniture paint with complementary work surfaces and tiled splash backs, integrated oven with four ring gas hob and fitted extractor, single sink and drainer in stainless steel, tiled floor, double folding doors to lounge.
First Floor Landing; Window to side, doors to family bathroom and three bedrooms.
Bedroom One; Window to front, fitted wardrobes with sliding mirrored doors.
Bedroom Two; Window to rear.
Bedroom Three; Window to front.
Family Bathroom; Window to rear, update modern four piece suite comprising of a panel enclosed bath, open walk in shower, pedestal wash basin, low flush w.c., tiled walls and floor.
Outside; The front of the property is laid to gravel which allows for off road parking for multiple vehicles enclosed by sliding wrought iron gate and brick walling. A personal side gate gives access to the extended driveway, detached garage and private rear garden. The rear of the propery offers large, mature gardens which are completely private and non-overlooked enclosed by wood panel fencing, concrete posts and gravel boards. There are large patio areas, a raised seating and dining area, perfect for the up-coming summer eveings, an area laid to lawn with mature trees and hederows offering lots of character. The garage offers power and lighting with garden shed to the rear. The property also boats PVCu double glazing throughout and has opportunity for a rear extension to the ground floor for those in need of more space.
Viewings are available immediately through JC Property in Scunthorpe.
Tenure : Freehold
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 £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
