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£349,950
Bedrooms
Bathrooms
Council tax band: F
''Reduced from 353,000 to 349,950'' Glas y Dorlan is a spacious, well proportioned and very well presented 3 bed detached bungalow in the centre of the small semi rural village of Penrhiwllan, itself about a 15 minute drive into the larger market town of Newcastle Emlyn. In the bungalow there is an entrance hall, a good sized lounge, a large kitchen / diner, 3 double bedrooms (one with ensuite), and a family bathroom. Outside there is plenty of off street parking with a detached garage with lawned gardens front and rear with views over open farmland to the rear. A very well looked after property in a popular village location which still has a shop and a very good local pub / restaurant. NO ONWARD CHAIN!
Accommodation
Entrance via open porch giving access to UPVC double-glazed door into:
Entrance Hallway
With radiator, door into built-in cupboard, door into:
Lounge
12 8 x 20 2 (3.87m x 6.15m) With UPVC double-glazed window to the front, feature fireplace (not working and no flue connected), radiator.
Master Bedroom (En-Suite)
12 0 x 20 11 (3.68m x 6.4m) into recess.
With UPVC double-glazed window to the rear, radiator, door into:
En-Suite Shower Room
With small frosted UPVC double-glazed window to rear, corner shower unit, low level flush WC, pedestal wash hand basin, extractor fan, radiator.
Bedroom 2
9 7 x 16 8 (2.94m x 5.09m) With UPVC double-glazed window to side, radiator.
Bathroom
A spacious bathroom with frosted UPVC double-glazed window to the front, corner bath, pedestal wash hand basin, low level flush WC, built-in airing cupboard, radiator.
Bedroom 3
11 1 x 14 5 (3.4m x 4.41m) With UPVC double-glazed window to the front, radiator.
Kitchen / Diner
26 8 x 12 0 (8.15m x 3.68m) A superb large room with a very good range of wall and base units, 1.5 bowl stainless steel sink/drainer unit, UPVC double-glazed window to rear, UPVC French doors leading out to the rear gardens, space and plumbing for washing machine, integral dishwasher, fridge and freezer (all included), electric oven and hob with tiled splash back, tiled flooring, radiator, stable door out to side driveway and garage.
Detached Garage
With up and over door, side pedestrian access, window to rear, tumble dryer (included).
Managers Note
All the pine furniture in the master bedroom (6 units all together) are available to purchase by separate negotiation.
Externally
The property has a driveway to the side of the bungalow for a number of vehicles leading to the detached garage with manicured lawned gardens to the front and rear. To the rear is a slabbed patio area adjacent to the garage with views over farmland from the rear gardens.
General Information
Viewings: Strictly by appointment with the agents, Houses For Sale in Wales or our sister company, The Smallholding Centre.
Tenure: Freehold
Services: Mains electricity, mains water, mains drainage, oil central heating.
Council Tax: Band F, Ceredigion County Council
Directions
From Newcastle Emlyn take the A475 to Penrhiwllan. Enter the village, past the bungalows on the left, enter the 20mph limit and Glas y Dorlan is the 5th detached bungalow on the right-hand side, denoted by our For Sale board.
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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