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£149,950
Bedrooms
Bathrooms
Two Bedroom First Floor apartment, with open views to Playing Fields at the Front. Situated within a small development of 12. One-and two-bedroom self-contained apartments all with allocated and visitor parking within the sought-after Village of tutshill within an easy walk of Schools, Shops and all Amenities including a Doctors Surgery and Caf and approximately 1 mile from chepstow Town Centre.
Would make a Superb investment property or First Time Buyers Home. No Chain
Entrance
From rear of building, door into hall, stairs to first floor, front door into: -
Hall
With Intercom phone. Doors off to: -
Lounge / diner / kitchen
(4.55m x 3.18m) uPVC double-glazed window to the rear elevation, fitted with a range of floor and wall units with work surfaces over, inset sink, electric hob with oven under and extractor fan over, built in fridge / freezer, washing machine / dryer and dishwasher, space for table and chairs, radiator.
From Hallway, steps down to: -
Bedroom one
(3.04m max x 3.18) uPVC double-glazed window to the front elevation with views to park, radiator.
Bedroom two
(2.16m max x 3.58m max) uPVC double-glazed window to the front elevation with views to park, radiator.
Bathroom
Fitted with a white three-piece suite with pedestal wash hand basin, panelled bath with shower over and low level w.c., and radiator.
Grounds
Allocated parking space and visitor parking. Planted landscaping. Rotary clothes lines.
Tenure leasehold
For 125 years from 2009
Fixed Ground Rent of 150 pa for the first 33 years.
Fixed Ground Rent of 200 pa for the next 33 years.
Fixed Ground Rent of 250 pa for the remaining 59 years.
Annual management charge per apartment to include property insurance, garden maintenance, cleaning, lighting, etc. Of common areas and maintenance contingency.
"MyHouseMove" is an affordable and professional online Estate Agent dedicated to the South Wales Region and other Regions by Request. If you have either a property to sell or rent then give us a call to find out why we have been shortlisted as best in wales and see how we Can work for you!
"MyHouseMove" is a Trading name of Adre Properties Ltd.
The property misdescriptions act 1991
References to the Tenure of a Property are based on information supplied by the Vendor. The Agent has not had sight of the title documents. Items shown within photographs are not included unless
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The information on this website is the copyright of "MyHouseMove". Prospective purchasers may download, store, and use the material for both their own personal consideration and for those people they may need to consult with. However, unless the permission of "MyHouseMove" has been sought, under no circumstances may any content, be republished, retransmitted, redistributed or otherwise so that it causes the material to become available to any party or on any website, online service or bulletin board or reproduced as a hard copy or in other media form.
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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