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22 Oxford Street, CF45 3PL
£70,000
Bedrooms
This versatile commercial property, previously operated as a hair salon, offers an exceptional opportunity for both business owners and investors. Located in the vibrant heart of Mountain Ash town centre, the property is surrounded by a dynamic mix of thriving small businesses, creating a prosperous commercial environment. Spanning three floors, the property provides ample and adaptable space to meet a variety of business needs or rental opportunities. On the ground floor, you'll find a spacious main room flooded with natural light, perfect for retail, office, or studio use. This floor also features two additional rooms that can serve multiple functions, such as treatment rooms, storage, or office space. One of these rooms offers convenient access to the basement and the first floor, enhancing the property's functionality. The basement is a valuable asset, comprising three rooms and a W/C. This level offers substantial space with extensive potential, suitable for additional office space, storage, or even a separate rental unit. On the first floor, the property is currently divided into three rooms, making it an ideal candidate for conversion into a flat or additional office space. This flexibility presents an opportunity to diversify rental income, with potential for residential or professional use. Situated approximately 20 miles from Cardiff and right by the A470, the property benefits from excellent transport links, making it easily accessible for both clients and tenants. The strategic location ensures high visibility and easy connectivity, further enhancing the property's appeal. With its vibrant surroundings and superb transport links, this property is a prime investment opportunity, offering multiple income streams and significant growth potential in a thriving business community.
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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