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£475,000
Bedrooms
Bathrooms
Reception
SITUATION & DESCRIPTION Believed to be circa 1650 this has been a family home for five generations. The cottages stand in a large garden overlooked by the ruins of Boverton Castle. The elevations are of stone render with a conglomerate slate roof. The properties benefit from gas fired heating and PVC double glazing. Certain renovation works will be required but this is an exceptional opportunity to acquire two substantial dwellings. The town rests a mile inland on the Glamorgan Heritage Coast. The beach and coastal walks offer stunning views across the Bristol Channel. Llantwit Major has excellent local schools (both English and Welsh medium) and access to regular and convenient rail and bus services. The town--s railway station reaches Bridgend to the west in 15 minutes and Cardiff to the East in 30 minutes. Both Cardiff International Airport and the M4 motorway are a short 15 minute drive away. Llantwit Major is a bustling, popular town with good shopping and recreational facilities available including rugby, football and Surf Life Saving. Llantwit Major boasts an excellent library, restaurants, a leisure centre and several historic public houses.
ACCOMMODATION Approached to the front by a walled garden. Wrought iron gates lead to a substantial driveway.
1 ROCK COTTAGE Approach via a storm porch with pinewood cladding.
PRINCIPAL
SITTING ROOM/
DINER 5.46m x4.10m Fireplace with gas connection. Exposed beams. Radiator and power points. Location of the service meters.
Spiral stone staircase leads from the sitting room to the first floor.
ROOM 1 (REAR)
3.2m x 3.04m PVC Double glazed window to the rear. Deep sill and panel radiator to one wall. Centre lighting. Access into the roof space. Powerpoint.
ROOM 2 (FRONT) 4.6m x 2.5m Centre lighting. Panel radiator with individual thermostat. Deep sill to the front. UPVC window to the front.
ROOM 3 (REAR) 3.35m x 2.24m Deep sill. Double glazed window overlooking the rear garden. Wired for centre lighting.
ROOM 4 (FRONT) 3.35m x3.35m Window to the front. Panel radiator to the side wall. Wired for centre light and power points.
GROUND FLOOR
INNER
KITCHENETTE 6.09m x 2.5m Panel radiator. PVC double glazed window to the front. Powerpoints. Thermostat. Built in cupboards. Exposed beams. Access door to the rear.
Inner lobby leading to the bathroom and shower room.
SHOWER
ROOM 3.8m x 3.04m Obscure glazed window to the front. Shower cubicle, WC and wash hand basin with tiled surround. Quarry tiled flooring with carpet cover.
Cupboard containing the wall mounted gas fired combination boiler and programmer which provides energy for the domestic system and radiators.
2 ROCK COTTAGE Two bedroom cottage. Elevations are stone render, PVC double glazing. Gas fired heating. Porch with a half-glazed door into the reception. Pinewood door leads into the kitchen/breakfast room.
KITCHEN/
BREAKFAST ROOM 4.2m x 3.04m Two windows to the side. Plain plastered ceiling wired for centre lighting. Single drainer sink. Power points and telephone points. Vinyl floor coverings. Double panel radiator and wood panelling. Plumbing for appliances. Access to the inner lobby with a window to the side which leads to the bath/shower room.
BATH/SHOWER
ROOM 3.65m x 2.1m Obscure window overlooking the front. Double built in shower with a screen. Wash hand basin and WC. Plumbing for appliances. Panel radiator. Off this room is the wall mounted gas fired boiler which provides energy for the central domestic system and radiators.
SITTING ROOM/
DINER 6.7m 3.2m Window and door to the rear. Wired for centre lights and wall lights. Built in cupboards. Fireplace which incorporates a gas fire independent of the heating system. A Tudor archway door leads to a deep pantry cupboard. Powerpoints, radiators and carpet cover.
Dogleg timber staircase leads from the sitting room to the first-floor landing area.
BEDROOM 1 4.5m x 3.4m Window overlooking the rear with a deep sill. Wired for centre lighting with power points and carpet cover. Panel radiator.
BEDROOM 2 3.8m 3.35m Window overlooking the side with blinds. High pitched beamed ceiling. Panel radiator, carpet cover and power points.
EXTERNAL To the front -- stone walled garden with borders and lawn. Double opening gates lead to a driveway.
To the rear -- substantial rear garden with stone wall boundary. Garden shed, old stables and workshops. Formerly a productive, vegetable garden and lawns.
TENURE Freehold
SERVICES Mains -- Water, Electricity, Gas and Drainage. Telephone installed subject to British Telecom Regulations.
VIEWING At any reasonable time. Strictly by appointment with the Agent as above.
LOCAL AUTHORITY Vale of Glamorgan Council, Civic Offices, Holton Road, Barry
COUNCIL TAX BAND No1 E No2 D
Important Notice -- All measurements have been taken by a sonic tape and should not be relied upon for carpets or furnishings as their accuracy cannot be guaranteed and could be subject to a small margin of error. The photographs show only certain parts of the property at the time they were taken. Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending purchaser. Any description or information given should not be relied upon as a statement or representation of fact or that the services are in a good condition. None of the services or equipment in the property have been tested by Anthony Brown Limited and prospective purchasers must make their own investigations. Any floor plans included in these sales particulars are not drawn to scale and are intended only to help prospective purchasers visualise the layout of the property. The plans do not form part of any contract.
Details prepared on 23rd September 2020
PROCEEDS OF CRIME ACT 2002
Anthony Brown Ltd is obliged to report any knowledge or suspicion of money laundering to NCIS -- National Criminal Intelligence Service -- and should such a report prove necessary are precluded from conducting any further professional work without consent from NCIS.
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.
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