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£135,000 Offers in excess of
Bedrooms
Bathrooms
'''CASH BUYER ONLY'''INVESTMENT OPPORTUNITY'''
Cardiff Estates and Lettings are pleased to offer this Top Floor two bedroom apartment, enjoying the convenience of being within walking distance to Bute Park and Cardiff City Centre. Perfectly located for a City Lifestyle with all Town Centre has to offer with NO ONWARD CHAIN! Cash buyers only. Currently let.
Description - '''CASH BUYER ONLY'''INVESTMENT OPPORTUNITY'''
Cardiff Estates and Lettings are pleased to offer this two bedroom apartment, enjoying the convenience of being within walking distance to Bute Park and Cardiff City Centre. Perfectly located for a City Lifestyle with all Town Centre has to offer. Call us today to enquire!
Communal Entrance - Located above North Road retail stores with the main communal entrance accessed from North Road enjoying both stair and lift access to each floor and benefiting from a secure undercroft parking which is located directly underneath Parkfield House.
Hallway - Welcomed into the property by wood effect laminate flooring, a spacious hall with a recessed storage cupboard and doors leading to kitchen/diner/lounge, bathroom and 2 double bedrooms. Electric radiator and intercom system.
Kitchen/Dining/Living Room - 5.8m x 3.6m - Spacious open plan kitchen, diner and lounge area compromising of wood effect laminate flooring carried throughout with a range of well kept wall and base units in the L-shaped kitchen area, a 1.5 stainless steel sink and drainer, integrated electric cooker. TV points, electric radiator and enjoying a full length, uPVC double glazed window to rear.
Bedroom One - 4.65m x 2.72m - Double bedroom with fitted carpet, electric heater, uPVC double glazed window to rear.
Bedroom Two - 4.65m x 2.72m - Double bedroom with fitted carpet, electric heater, uPVC double glazed window to rear. Recessed cupboard housing boiler.
Bathroom - 3 piece, white bathroom suite, compromising of W/C and hand wash basin within vanity unit, bath tub with over head shower with glass panel shower screen. Electric towel rail.
General - EPC: Band C
Council Tax: Band D
Tenure: Leasehold (Approx. 984yrs Remaining)
Current ground rent: 150 P/A (Approx.)
Ground rent review period (no. of years/months)
Annual ground rent increase (%)
Annual service charge: 2,414 P/A (Approx.)
Sales Advert Disclaimer - Whilst descriptions, references to condition, necessary permissions for use and occupation or any other details are given in good faith and are believed to be correct, intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or seek their own professional advice. These particulars are intended to give a fair and overall description for guidance purposes only and do not constitute an offer, contract or part of one. A detailed survey has not been carried out and any equipment, fixtures, fittings or services have not been tested or verified to ensure that they are in working order or fit for purpose. All measurements are approximate and any photographs, floorplans and distances referred to should not be relied upon for the purchase of carpets, fixtures or fittings. Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by a Solicitor prior to exchange of contracts. Any reference to alterations or use does not mean that any necessary planning permission, building regulation or other consent has been obtained. All Prospective viewers should view the Cardiff Adopted Local Development Plan 2006-2026 (LDP) and employ their own Professionals to make relevant enquiries with Cardiff County Council Planning Department ( before making any transactional decision. VAT amount relating to the property may change without notice.
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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