If you are on the lookout for a peaceful and quaint property, looking out over one of Scunthorpe’s best gardens, then this could be the property for you!
This property is available for sale and is CHAIN FREE.
This is a fantastic three-bedroom semi-detached home located on the lower section of Cliff Closes Road, and overlooks Kingsway Gardens.
The home has recently been redecorated and carpeted and finished to a good standard throughout and briefly comprises;
To the ground floor, there is a good sized kitchen with both floor and wall unites, and access to storage and WC, a through lounge and dining room offering views across Kingsway Gardens, and an entrance porch providing access to the first floor.
To the first floor, there are three well-proportioned bedrooms as well as a shower-room, again with the main and smaller bedroom overlooking Kingsway Gardens..
Externally, the property benefits from off road parking to the front with a dropped kerb in place. This then leads to side access to the rear garden. There is a private patio section / seating area as well as raised gardens which is mainly laid to lawn, and steps to a rear gate.
Locally, the property is within the catchment area for the popular St Augustine and Berkeley Primary School, and also the St Lawrence Secondary School, it is also within walking distance to both colleges.
The property is also within walking distance to local amenities including the Gallagher retail park, and within close walking distance to the Scunthorpe General Hospital, and the Train Station.
By car there are also a number of local transport links and easy access to the M180.
If you would like to view the property, please feel free to contact JC Property on 01724 487297.
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 £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 |