This beautifully presented terraced home provides more than 112sq m of stylish accommodation, refurbished and upgraded to a high standard whilst retaining period features.
Offered for sale with NO CHAIN & VACANT POSSESSION, this property has recently been assessed with an EPC C rating.
Bright rooms and tasteful decor combine to create an uplifting living space. The through lounge shares natural light from the front to the back and the impressive Victorian fireplace is regularly swept and is in working order. At the end of the hallway is a traditional morning room leading into a super spacious dining kitchen complete with a range of appliances.
French doors open to the rear garden from the lounge and the kitchen.
A staircase from the entrance hall extends to a split-level landing with 3 double bedrooms and the bathroom features a white suite with a shower over the bath.
The house is a picture from the kerbside and at the back is a well maintained lawned garden with a decked patio, a paved footpath, gate and fencing.
The works carried out since 2016 include;
* The central heating is fired by an Ideal Logic gas condensing boiler installed in 2020. It has had a Landlord's Safety Certificate and is within the 10-year Guarantee.
* Main roof re-cover with rafters reinforced and 300mm insulation to all areas of the roof void
* New bathroom and new Howden’s kitchen
* Oak flooring to living room
* External doors replaced and original windows replaced. Sash windows : High Performance double-glazed timber
* Other windows are also High Performance double-glazed timber
Location: Ella Street is very close to Newland Avenue where you will find everything that you need. Cafe bars, restaurants, and as many shops as you can count. This area has a special vibe - a winning blend of new folks to the area (being close to the University) and long-standing citizens who stick around because they appreciate what HU5/6 has to offer.
Beverley Road and Princes Avenue are within a short walk and host more facilities including public transport links to both the Hull City centre, Cottingham and Beverley.
Tenure : Freehold
Council Tax Band : B
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
