2 bedroom terraced for sale

£119,950 OIRO

2

Bedrooms

1

Bathrooms

Council tax band: A

New to the market, we are delighted to offer this quirky 2 Bedroom mid terraced in Penn Street, Treharris.
In a world where properties can look similar this one is bursting from the seams with personality and individualism perfect for those looking for something a little more unique, finished to an exceptional standard throughout the property is ready to move into straight away which is great for those looking for little to no work!
Internally the spacious accommodation offers a large Lounge/Diner & Kitchen on ground floor with 2 Bedrooms and a bathroom on first floor.
To the rear is a fantastic sized garden perfect for relaxing when the welsh weather pulls through!

Great buy, truly something unique!

Secure your finance before securing your next property through Ramsay & White Finance, contact us for more information.

Treharris is a small town and community (and electoral ward) in the Taff Bargoed Valley in the south of Merthyr Tydfil County Borough, South Wales. Treharris includes the villages of Quakers Yard and Edwardsville.
The Welsh International Climbing Centre, an indoor climbing centre and caving complex, is built on the site of the former Trelewis Drift mine and is an integral part of the Millennium park complex.
Treharris has a selection of bus stops all within walking distance and is served by Quakers Yard railway station, on the Merthyr Line between Cardiff Central and Merthyr Tydfil.

Entrance

Access to Living Room & First floor.

Lounge/DIner

20 11 x 15 1 (6.4m x 4.6m) Double glazed window to front, radiator x2, access to Kitchen.

Kitchen

5 10 x 13 8 (1.8m x 4.2m) Double glazed door & Window to rear, Double glazed velux, sink with drainer, retro fitted kitchen, space for washing machine & cooker.

Landing

Access to Bedrooms & Bathroom

Master Bedroom

15 4 x 8 6 (4.7m x 2.6m) Double glazed window to front x 2, radiator.

Bedroom 2

Double glazed window to rear, radiator.

Bathroom

8 10 x 7 2 (2.7m x 2.2m) Double glazed window to rear, bath with mixer shower over, W.C & wash hand basin set in vanity unit, tiling to walls, combi boiler.

Outside

At the rear of the property is a sizeable garden with steps leading to a decked sitting area large enough for large get togethers complete with storage shed!

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

£ 95661.25

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
    £ 2998.75
  • 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

£ 5698.75
  • 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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