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£140,000
Bedrooms
Bathrooms
Superb 6th floor apartment with balcony has a sunny south westerly aspect and consists of a hall, open plan lounge/kitchen/diner, double bedroom with built in wardrobe, spacious bathroom and an allocated under croft parking space. Site facilities include a 24 hour concierge service, secure gated entry system, communal gardens and the use of 2 Gyms, Pool, Jacuzzi and Sauna. This would make an ideal investment as a Buy to Let or would also appeal to a professional with easy access to main link roads in and out of the City. Viewing is highly recommended.
Superb 6th floor apartment with balcony has a sunny south westerly aspect and consists of a hall, open plan lounge/kitchen/diner, double bedroom with built in wardrobe, spacious bathroom and an allocated under croft parking space. Site facilities include a 24 hour concierge service, secure gated entry system, communal gardens and the use of 2 Gyms, Pool, Jacuzzi and Sauna. The area is very popular due to the easy access to main link roads in and out of the City. Viewing is highly recommended.
Entrance Hall - 3.43m x 1.22m - Entered via a secure communal hallway the property has a wooden front door with spyhole leading into the carpeted entrance hall. This comprises an electric panel heater, entry phone and doors to the lounge, bedroom and bathroom. A good sized cupboard houses the hot water tank with storage area.
Open Plan Living Area - 5.23m x 4.06m - This spacious, bright open plan living area has both kitchen and lounge areas with a super sunny terrace overlooking a central courtyard area.
Kitchen Area - Fitted kitchen with a range of wall and base units, 1 & 1/2 bowl stainless steel sink and drainer with mixer tap, tiled splashback, laminate worktop, ceramic hob with cooker hood, integrated Electrolux oven and integrated fridge/freezer. Integrated washer/dryer, halogen spotlights, panel heater, vinyl flooring and smoke detector.
Lounge Area - Fully carpeted area with patio doors leading to a good sized south west facing balcony. Vertical blinds; telephone, satellite and TV aerial points; power points; panel heater and ceiling light.
Bathroom - 2.01m x 2.18m - Contemporary refurbished bathroom with 3 piece suite comprising a fully tiled bath with shower and glass shower screen, wash hand basin and WC. Chrome heated towel rail, vinyl flooring, Halogen spotlights and shaver point. All the plumbing is neatly boxed in.
Bedroom (151 X 98) - 4.6m x 2.95m - A fully carpeted spacious room with French door to the balcony and a large built in wardrobe. Panel heater, vertical blinds, TV aerial socket, telephone point and power points.
External - Extensive communal grounds and walks along the river Taff. Two on site gyms, swimming pool and Jacuzzi. One designated parking space in a covered car park close to the lift.
No Chain
Remaining lease 106 years
Service charge approx. 1900 pa ( 2x 6 monthly installments)
Ground rent: 260 pa + 450 = 710 approx. home ground
Managing Agent: Ringley
Council tax band D
Please confirm all lease details with your legal representative.
Tenure - We have been advised by the Vendor that this property is LEASEHOLD. Please confirm all lease details with your legal representative.
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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