2 bedroom terraced for sale

£79,950 OIRO

2

Bedrooms

1

Bathrooms

Floorplan

Council tax band: A

Ramsay and White Estate Agents bring to market this two-bedroom terraced home, located at Mount Pleasant Cottages, Mountain Ash!

Offering an exciting opportunity for buyers looking to put their own stamp on a property with great potential. Boasting a traditional layout, the home features a good size lounge leading to a well-proportioned kitchen that provides ample storage and workspace. To the ground floor you will also find a W/C.

Upstairs, two bedrooms offer comfortable living spaces, with the bathroom conveniently located to serve both.

The property benefits from a garden, perfect for outdoor relaxation or potential landscaping projects. With stunning hillside views and a peaceful setting, this home is ideally suited for first-time buyers, investors, or those seeking a project to transform into their dream residence. Book a viewing today!

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

The property is situated in Miskin Mountain Ash with the local Primary schools Miskin & Pengeulan Primary Schools within walking distance.
Mountain Ash Comprehensive serves the mountain ash area as it's main secondary school.
The cross valley link scheme which connects the area to the new road which gives direct access to the A470 offers direct access without the need of travelling through the town centre.
The property is within a short commute to Mountain Ash railway station and Penrhiwceiber which are served by the Aberdare line and a bus station within 200m.
Mountain Ash Town Centre offers a variety of amenities with further retail & Entertainment options available in the wider Aberdare and Merthyr Tydfil areas.

Ramsay & White Estate Agents issues the following notice:
1.We have taken reasonable steps to ensure the accuracy of the information provided. However, it is the responsibility of prospective buyers or tenants to verify the accuracy of each detail through their own inspections, searches, enquiries, and surveys.
2.Measurements, areas, and distances are approximate and should not be considered exact.
3.No one employed by or representing Ramsay & White Estate Agents has the authority to make any representations, warranties, or guarantees regarding the properties.
4.The details presented on our website and in marketing materials are intended only as a general guide for potential buyers and tenants. These details do not, in any way, constitute an offer or form part of a contract.
5.All information is provided without liability on the part of Ramsay & White Estate Agents, the vendor, or the landlord.
6.Assumptions should not be made about areas of the property not visible in photographs.
7.Ramsay & White Estate Agents have not tested any fixtures, appliances, fittings, or services within the properties listed. Buyers are advised to confirm all such details independently.

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

£ 64661.25

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 1998.75
  • 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

£ 4698.75
  • 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

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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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