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£500,000 Fixed Price
Bedrooms
Bathrooms
Council tax band: D
Golwg Y Frenni is a recently extended 3 bed detached bungalow with around 7.5 acres of pastureland split into 3 main enclosures and being situated some 2 miles from the popular beach at Aberporth. In the property you will find a very large kitchen / diner, a feature large lounge with high ceilings, a shower room and a family bathroom and 3 bedrooms. Outside the land is in one block and split into 3 main enclosures with a stone barn (with further potential -stp), a dutch barn and a field shelter. Part of the 7.5 acres borders the main A487 coast road so there could be future "hope value" for further residential development in years to come (subject to any consents). To conclude.......a 3 bed property with two lovely large feature rooms.....7.5 acres of flat to gently sloping pastureland and all just a cycle ride to the local beach.
Accommodation
Entrance via UPVC double-glazed door into:
Porch
With radiator, door into:
Kitchen / Diner
22 3 x 18 6 (6.79m x 5.65m) A superb large room with an excellent range of base units with LPG 7 ring "Montpellier" cooking range, stainless steel sink / drainer unit, dishwasher, free standing fridge / freezer, wine cooler, UPVC double-glazed window to side and UPVC double-glazed French doors out to timber decking, concealed spotlighting, tiled splashback, 2 radiators, built-in cupboard, door into:
Shower Room
8 1 x 7 9 (2.48m x 2.38m) With corner shower cubicle, low level flush WC, wash hand basin, heated towel radiator, worktop with space for tumble dryer.
Rear Porch
9 1 x 7 5 (2.79m x 2.28m) With UPVC door out to timber decking area, radiator, door into:
Lounge
20 4 x 18 4 (6.22m x 5.61m) An excellent large room with a high ceiling, UPVC French doors out to large decking area, 2 UPVC windows to rear, feature electric flame effect fireplace, concealed spotlighting, 2 radiators, laminate flooring, leading through to:
Inner Hallway
Leads through to all bedrooms and family bathroom.
Bedroom 1
15 1 x 11 11 (4.6m x 3.65m) With 2 UPVC double-glazed windows to front, fireplace, radiator, laminate flooring.
Bedroom 2
15 6 x 8 3 (4.73m x 2.52m) With UPVC double-glazed window to front, radiator, laminate flooring.
Bedroom 3
12 0 x 11 2 (3.67m x 3.42m) With window to rear, feature radiator, tiled flooring.
Family Bathroom
7 6 x 7 3 (2.29m x 2.22m) With panelled bath with shower over, low level flush WC, wash hand basin, concealed lighting.
The Land & Gardens
You arrive at double timber gates giving access to a spacious off street parking area for several vehicles. There is a large lawned area to the left hand side as you arrive leading down to the two main outbuildings and giving access to the 3 main enclosures. Various gated access points are located around the 7.5 acres and paddock 1 has the field shelter currently housing two Shetlands. The land is flat to gently sloping and all laid to pasture. As part of the land abuts the main A487 road there could be potential "hope value" for residential development in years to come - subject to any consents required (see land plan attached).
General Information
Viewings: Strictly by appointment with the agents, The Smallholding Centre or our sister company, Houses For Sale in Wales.
Tenure: Freehold
Services: Mains electricity, mains water, private drainage (septic tank), LPG central heating.
Council Tax: Band D, Ceredigion County Council
Managers Note:
As can be seen from the details this property has a "Fixed Price of 500,000", therefore any offers below the fixed price will NOT be forwarded to our clients as they have given us contractual written authority not to do so.
Directions
From Newcastle Emlyn, take the B4333 towards Aberporth. Stay on this road through Cwm Cou, Bryngwyn, Beulah and on. Just before the junction with the A487, take the left entrance signposted Gorslwyd Holiday Cottages, immediately before the 50mph signs and the entrance to Golwg y Frenni is the second on the right-hand side.
What3Words: ///caramel.frail.magma
Google Co-ordinates: 52.114206, -4.512295
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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