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£285,000
Bedrooms
Bathrooms
2 BEDROOM DETACHED COACH HOUSE: Very well presented coach house with garage and off road parking. Set in a prime residential location in North Cardiff, this property features a bright open plan living room through to a fully fitted kitchen with an integrated oven/hob, fridge/freezer, washing machine, dryer and microwave. This property has a modern interior and is furnished to a very high standard throughout. There is a mixture of laminate flooring in the living/kitchen area and carpets in the bedrooms, stairs and landing. Cardiff Gate Retail Park is in close proximity and this property is conveniently located within easy reach of a range of supermarkets as well as other retail outlets. There is a local primary school, doctors surgery and access to public transport. Ideal for commuting as Pontprennau is located near main road links in and out of the City and especially within easy reach of the M4.
PLEASE NOTE - THERE ARE TENANTS IN SITU
2 BEDROOM DETACHED COACH HOUSE: A very well presented coach house with garage and off road parking for 2 cars. Set in a prime residential location in North Cardiff, this property features a bright open plan living room through to a fully fitted kitchen with an integrated oven/hob, fridge/freezer, washing machine, dryer and microwave. This property has a modern interior and is furnished to a very high standard throughout. There is a mixture of laminate flooring in the living/kitchen area and carpets in the bedrooms, stairs & landing. Cardiff Gate Retail Park is in close proximity and this property is conveniently located within easy reach of a range of supermarkets - Asda, Waitrose, Lidl, as well as other retail outlets. There is a local primary school, doctors surgery and access to public transport. Ideal for commuting as Pontprennau is located near main road links in and out of the City and especially within easy reach of the M4. This property is currently Tenanted and would make an ideal BUY TO LET INVESTMENT. Viewing highly recommended.
Entrance - Entrance via a double glazed front door opening onto a carpeted stair case leading up to the first floor landing. Doors from the landing lead into the kitchen/living room, two bedrooms and main bathroom. Two cupboards house the boiler, hot water tank and also provide usefull storage space.
Kitchen/Diner - 2.583m x 5.130m - Fitted kitchen with a range of wall and base units, 1 1/2 stainless steel sink and drainer with mixer tap, white tiled splashback, grey worktop, gas hob with extractor hood, integrated oven and free standing fridge freezer.
Living Room - 2.744m x 5.140m - This is a spacious, bright open plan living area which continues through to the kitchen/diner. Well furnished with a 3-seated sofa and 2 armchairs, glass dining table complete with 4 dining chairs, together with a range of wooden furniture including a nest of tables and TV cabinet. Large window to the front of the property, chrome curtain rail, full length curtains and double radiator.
Bathroom - 2.589m x 1.680m - White bathroom suite with bath
Master Bedroom - 3.124m x 3.761m - Master Bedroom with en-suite bathroom.Furnished to a very high standard with large freestanding wardrobe, double bed and a range of stylish cabinets.
Ensuite - 1.679m x 1.984m - Contemporary en-suite bathroom to master bedroom with corner shower cubicle, vanity wash hand basin and WC.
Bedroom - 2.722m x 2.035m - Generous second bedroom/guest room with double bed
Garage - Approx 13.09 sqm - Drive Way leading up to Single Garage and Store Room
Tenure - We have been advised by the Vendor that the property is a Flying Freehold.
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. 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 a Solicitor prior to exchange of contracts. 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.
Map location is not available for this property.
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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