4 bedroom detached for sale

£595,000 OIRO

4

Bedrooms

2

Bathrooms

Council tax band: D

Ramsay & White Estate Agents introduce to the market, Woodbury, an exquisitely renovated bungalow located on Vaynor Lane in Cefn Coed. This stunning property, with a generous approximate gross internal area of 170 sqm has been thoughtfully modernized from top to bottom with a spectacular modern finish.

Upon entering the ground floor, you are greeted by a spacious hallway that seamlessly connects to a beautifully designed lounge complete with a modern stove, perfect for relaxing and entertaining guests. The ground floor also features a large kitchen diner equipped with modern appliances and ample space for family dining. Adjacent to the kitchen, a convenient WC and a shower room enhance the functionality of the home. The ground floor also includes three well-proportioned bedrooms one currently used as a study, ensuring ample accommodation for family and visitors.

Ascending to the first floor, you will find the luxurious master bedroom, complete with an en suite bathroom and a dedicated wardrobe area. A standout feature of the master bedroom is the balcony Velux window, offering breath-taking views over the Merthyr Valley, ideal for enjoying your morning coffee or unwind in the evening.

The property also boasts a charming summer house with bifold doors with electric supply providing additional external space for various uses such as a home gym.

Outside, the fully landscaped garden is low maintenance, perfect for enjoying the outdoors in all seasons. The garden has been meticulously designed to make it an ideal space for outdoor gatherings, gardening, or simply relaxing in the sun.

Stunning Family Home.

EPC coming soon.

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

The property is located in Cefn Coed, which is found close to Cyfarthfa Park which benefits from a selection of outdoor walk and activities. Merthyr Tydfil Town centre is located less than a mile away easily accessible on foot.
Within biking distance of the Beacons National Park, the Taff Trail is also accessible via Cefn viaduct which gives further access to Bike Park Wales all of which bring tourism to the area.
Surrounded by local businesses offering a wide variety of services further retail options are available at Cyfarthfa Retail park which can be found approximately 2 miles away.
Perfect for commuters the property offers direct access to the A470 & A465 which in turn gives access to the M4 and wider areas.
The area has a selection of bus stops with the main train station being located in Merthyr Town centre all accessible on foot.

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

£ 493575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 14875
  • 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

£ 47325
  • 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

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£
  %

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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