2 bedroom semi-detached for sale

£280,000

2

Bedrooms

1

Bathrooms

Floorplan

Entrance

Rain Porch and courtesy lights, uPVC double-glazed front door into Hall with radiator, stairs to first floor, large walk in understairs cupboards and doors to: -
Lounge

(3.41m x 3.85m) uPVC double-glazed window to the front elevation, feature fireplace with fitted units and shelving to the recesses, radiator.
Kitchen & diner

(3.36m x 3.42m) uPVC double-glazed window and door at the rear elevation, fitted with a good range of contemporary wall and base units with work surfaces over, inset sink unit, extractor fan, 4 ring gas cooker, space washing machine, fridge / freezer, and dishwasher. Good space for dining table and Chairs, radiator.
Utility room / cloakroom

(3.41m x 3.85m) uPVC double-glazed frosted window to the rear elevation, fitted with a good range of stylish base units with work surfaces over with wash basin, space for a dryer / washing machine, towel radiator.
First floor

landing


Loft inspection loft hatch, large walk-in cupboard. Doors off to: -

bedroom 1
(4.27m x 2.78m) uPVC double-glazed window to the front elevation, large walk-in cupboard and further storage cupboard and radiator.

Bedroom 2
(2.79m x 4.45m) uPVC double-glazed window to the rear elevation, and radiator.
Bathroom

Modern Bathroom. Frosted uPVC double-glazed window to the rear elevation, fitted with a three-piece white suite with wall mounted wash hand basin, low level w.c. And panelled bath with shower over, towel radiator.
Grounds

To the front is a Good-sized driveway. A gated side path leads to the fully enclosed and good-sized rear garden laid with artificial grass, and large sun terrace and with a wooden shed, and built in BBQ.

"MyHouseMove.co.uk" is an affordable and professional online Estate Agent dedicated to the South Wales Region. If you have either a property to sell or rent, then get in touch to find out how much you could save.

"MyHouseMove.co.uk" is a Trading name of Adre Properties Ltd.

The property misdescriptions act 1991
"MyHouseMove.co.uk" has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor and/or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. Adre Properties Ltd has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown within photographs are not included unless specifically mentioned within the sales particulars. However, they may be available by separate negotiation.
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Referral arrangements

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 233700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 23700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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