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£150,000
Bedrooms
Bathrooms
'' HMO'' '' FOUR BEDROOMS''TWO BATHROOMS'' ''TENANTED'' '' 9.6% YIELD ''INVESTORS ONLY''
NEXA Estate Agents are proud to present to the market this spacious sized four bedroom semi detached HMO property . located within a stones throw of the Treforest campus of the University of South Wales. The propertys ideal location should assist the property greatly in ensuring it is fully occupied each academic year. The property is also located within walking distance to local amenities and rail links
. The ground floor accommodation comprises of an entrance hallway, bedroom, lounge, kitchens and bathroom. The first floor benefits from a landing area which offers access to a further three double bedrooms and shower rooms. Externally the property boasts courtyard space to the front, rear garden leading to parking spaces. Please contact NEXA Estate Agents to book your viewing on this excellent investment.
Entrance Hall - uPVC front door, brown carets, magnolia walls, radiator
Living Room - 3.73m x 2.72m - Brown carpet, magnolia walls with charcoal feature wall, uPVC bay window, radiator
Bedroom 1 - 3m x 3.53m - Brown carpet, magnolia walls, uPVC window, radiator
Dining Room - 2.57m x 3.73m - white walls with charcoal feature walls, grey wood effect flooring, radiator, marble effect worktops, uPVC window
Kitchen - 2.79m x 2.44m - Stone effect flooring, white walls and tiles, marble effect worktops, gas hob, electric oven and extractor, uPVC door and window, radiator
Bathroom - 2.79m x 2.51m - Marble effect walls, natural stone floor tiles, white bath, toilet and wash hand basin, uPVC window
Landing - Brown carpet, magnolia walls
Shower Room - 2.54m x 2.39m - White walls, natural stone wall and floor tiles, white shower and wash hand basin, uPVC window, radiator
Toilet - 1.55m x 1.24m - White walls and white wall tiles, slate effect floor tiles, uPVC window
Bedroom 2 - 2.29m x 3.4m - Brown carpet, magnolia walls, uPVC window, radiator
Bedroom 3 - 2.41m x 3.53m - Brown carpet, magnolia walls, uPVC window, radiator
Bedroom 4 - Brown carpet, magnolia walls, uPVC window, radiator
Description - Offered with no chain this semi detached property has been lovingly maintained throughout tenancies. Decorated with a modern touch the property had been renovated through the years to ensure little to no maintenance in future. The property benefits from a downstairs bathroom, upstairs shower room, a separate upstairs toilet, a separate dining room, 4 good sized bedrooms and a low maintenance rear garden with off road parking.
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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