Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£179,000
Bedrooms
Bathrooms
Cardiff Estates and Lettings are pleased to present this 5th floor apartment in one of Cardiff`s most favourable developments, within walking distance to Cardiff Central Station. This accommodation is perfectly located for a City Lifestyle, with the convenience of being on the doorstep to all that the Town Centre has to offer. The property compromises of 2 double bedrooms, en-suite, open plan lounge/dining and kitchen area and main bathroom. ''INVESTMENT OPPORTUNITY''
''NEW INSTRUCTION'' Cardiff Estates and Lettings are pleased to present this 5th floor apartment in one of Cardiff`s favourable developments, within walking distance to Cardiff Central Station. This accommodation is perfectly located for a City Lifestyle, with the convenience of being on the doorstep to all that the Town Centre has to offer. The property compromises of 2 double bedrooms, en-suite, open plan lounge/dining and kitchen area and main bathroom. ''INVESTMENT OPPORTUNITY''
Hallway - Entranced into the property through a wooden fire door with spyhole. laminate flooring. Storage cupboard. electric radiator.
Bedroom One - Double bedroom with ensuite. Carpeted. Electric radiator. Double built in wardrobe space with rail and shelf. Double glazed window.
Ensuite - White tile, floor to ceiling. White W/C and wash basin with mixer tap. Glass panel shower cubicle. Spotlights. Extractor fan.
Bedroom Two - Carpeted double bedroom. electric radiator. Double glazed window with view.
Bathroom - Main bathroom compromising of white suite with stainless steel base. Bath, basin and W/C. Spotlights. Electric shaving point. Spiral heated towel rail.
Kitchen/Dining/Living Room - A spacious open plan lounge and kitchen/dining area. Fully fitted kitchen featuring wall and base units, integrated electric cooker and 4 ring hob with splashback, overhead extractor, dishwasher and washer/dryer. Stainless steel sink and drainer with mixer tap. Ceiling spotlights. electric radiator x2. Floor length double glazed window.
EPC: Band C
Council tax: Band E
Tenure: Leasehold (Approx. TBC)
Current ground rent: 150 P/A (Approx.)
Ground rent review period (no. of years/months)
Annual ground rent increase (%)
Annual service charge: 2,700 P/A (Approx.)
Disclaimer - These particulars are intended to give a fair and overall description for guidance purposes only and do not constitute an offer or part of a contract. Any equipment, fixtures, fittings or services have not been tested or verified to ensure that they are in working order or fit for purpose. Any on site facilities, such as communal swimming pool, or gym may be subject to maintenance work and their availability for use cannot be guaranteed at all times. Construction, maintenance, or other development site works on any rental property may take place during a tenancy without prior notice given. Internet speeds, or use of internet is not guaranteed. All measurements are approximate and any photographs, floorplans and distances referred to should not be relied upon for the purchase of carpets or any other 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 you. 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, you should not rely on them as statements or representations of fact, but you must satisfy yourselves by inspection or seek professional advice.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
