2 bedroom retail property (high street) for sale

£139,950 OIRO

2

Bedrooms

1

Bathrooms

Council tax band: TBC

Ramsay & White introduce this unique investment opportunity in the heart of Troedyrhiw. Located just off the main square on Bridge Street this charming semi-commercial property seamlessly combines a thriving ground-floor retail unit, currently used as a stylish coffee shop, and a sophisticated two-bedroom serviced accommodation apartment on the first floor. The ground floor retail unit has been meticulously renovated to a high standard and features a kitchen preparation area, welcoming serving and seating areas, as well as a rear courtyard with gated access and additional storage, making it an attractive destination for customers. Ascending to the first floor, you'll find a modern and spacious two-bedroom apartment with an open-plan lounge and kitchen area flooded with natural light from multiple windows. The apartment is further enhanced by a contemporary shower room featuring an electric mirror and two bedrooms, on ground floor at the point of access is a utility area making it ideal for short or extended stays. The entire property showcases a high-quality renovation with attention to detail, ensuring both functionality and aesthetics are of the highest standard throughout. Whether you're seeking a thriving coffee shop or a luxurious serviced apartment, this exceptional property is ready to fulfil your vision, so don't miss the opportunity to explore its potential.

Secure your finance before securing your next property through Ramsay & White Finance Contact us for more information.

The village of Troedyrhiw is found 4.5 miles away from Merthyr Tydfil Town centre and 0.8 miles away from the A4060 link road giving direct access to the A470.
The village has a selection of schools, Train Station & Bus stations all within walking distance and expected amenities around the square & Bridge street.
The larger Town of Merthyr Tydfil offers a wide variety of retail and entertainment options including a bustling high street and a healthy selection of supermarkets.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 111161.25

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 3498.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 6198.75
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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