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22 Oxford Street, CF45 3PL
£210,000
Bedrooms
Bathrooms
Reception
T Samuel Estate Agents bring to market this prime investment property set in a prominent position within the popular town of Mountain Ash. Offered to the market with no onward chain,. This is a fantastic and rare opportunity to acquire 2 ground floor retail units and 1 first floor 2 bedroom flat which is self contained and with separate access. The ground floor commercial units are A1/A2 and Financial/Professionally retail use and have previously been used as a carpet shop and bicycle shop. Unit 1 provides a retail space and store room. Kitchen and WC. Unit 2 provides provides an open plan space with kitchen and WC. The first floor flat affords well-planned living accommodation to include spacious Living room, Kitchen, Bathroom and one double and one single bedroom. There is also parking to be found close by in the public car park. Loading bay to the front. The premises is situated in a prime location within the town of Mountain Ash. It is a busy town centre high street, with plenty of foot-fall and business, generated from both regular and passing trade. The town is located in the heart of the Cynon Valley 20 miles north of Cardiff. It benefits from good commuting links. Close to the A470. Just a short walking distance to train station and bus stop. The town boasts an array of trades which vary from national companies, local well established businesses and food retailers. Close by you will also find Health Centre, Local Hospital , Primary & Secondary Schools, Library & public houses. Within walking distance of the Taff Trail In our opinion the premises lends itself to many uses subject to change of use. It would be the perfect opportunity for investors or someone looking to expand an existing business to the high street. Subject to probate which has commenced,
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
22 Oxford Street, CF45 3PL
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