5 bedroom smallholding 307 place of worship for sale

£500,000

5

Bedrooms

2

Bathrooms

Floorplan

Council tax band: C

Troed y Rhiw is a character SMALLHOLDING with just under 16 acres of predominantly pastureland, split into 3 main enclosures, together with some mature woodland all set in a beautiful position on the outskirts of Llandysul town with no immediate neighbours and the lovely River Cerdin bordering one of the paddocks. Originally a 5 bedroom house, this property is now split into a 3 bedroom house and another 2 bedroom house that could very easily revert to a single dwelling if preferred. The configuration lends itself either to multigenerational living, income generation, holiday lets etc but could easily revert back to one large 5 bedroom house if desired.

1 Troedyrhiw - Accommodation

Entrance via stained glass panelled timber door into:

Hallway

With quarry tiled flooring, staircase to first floor, radiator, under-stairs storage cupboard, door into:

Lounge

8 7 x 13 8 (2.64m x 4.2m) With UPVC double-glazed window to the front, stained floorboards, radiator.

Dining Room

9 6 x 14 0 (2.9m x 4.28m) With UPVC double-glazed window to the front, quarry tiled flooring, radiator, built-in cupboard, blocked up access to No. 2 Troedyrhiw (easily removable to make it into one 5-bed house), door through to:

Kitchen

10 7 x 9 8 (3.23m x 2.97m) Maximum dimensions.

With UPVC double-glazed window to rear, a range of wall and base units, stainless steel sink/drainer unit, extractor unit, wall-hung LPG boiler for the central heating, tiled splash back, radiator, through to:

Inner Hallway

With UPVC double-glazed window to rear, UPVC double-glazed door out to the rear, radiator, door into:

Bathroom

With frosted UPVC double-glazed window to side, low level flush WC, pedestal wash hand basin, panelled bath with shower over.

2 Troedyrhiw - Accommodation

Access via timber door into:

Lounge

10 9 x 12 2 (3.3m x 3.73m) With UPVC double-glazed window to the front, radiator, door through to:

Kitchen / Diner

12 1 x 13 3 (3.7m x 4.06m) With UPVC double-glazed window to side, quarry tiled flooring, a range of wall and base units with stainless steel sink/drainer unit, under-stairs storage cupboard, electric cooker with extractor over, space and plumbing for washing machine, radiator, staircase to first floor.

1 Troedyrhiw - First Floor

Accessed via staircase in hallway and giving access to:

Landing Area

With loft hatch, radiator, doors accessing all three bedrooms including:

Bedroom 1

14 6 x 8 11 (4.43m x 2.73m) With UPVC double-glazed window to the front, radiator.

Bedroom 2

7 5 x 6 6 (2.27m x 1.99m) A small single room with double-glazed window to the front, radiator.

Bedroom 3

14 7 x 11 2 (4.46m x 3.42m) into recess.

With UPVC double-glazed window to the front, radiator, built-in cupboard (also provides access through to next door if just one 5-bed house is required).

2 Troedyrhiw - First Floor

Accessed via staircase in kitchen/diner and giving access to:

Bathroom

With frosted UPVC double-glazed window to the side, panelled bath with shower over, wash hand basin, low level flush WC, towel radiator.

Bedroom 2

12 10 x 8 10 (3.93m x 2.7m) With UPVC double-glazed window to the side, built-in wardrobe, radiator.

Master Bedroom

10 11 x 12 9 (3.35m x 3.9m) With UPVC double-glazed window to the front providing fine views over the land and valley beyond, radiator.

The Land

The land amounts to some 15.63 acres or thereabouts and is predominantly pastureland split into 3 main enclosures, the bottom paddock is flat (in front of the house),the side paddock is flat/gently sloping (bordering the River Cerdin) and the top paddock (up behind the woodland) has flat and sloping areas. The woodland is immediately behind the house with some more over the lane bordering the River Cerdin.

Outbuildings

There is a detached garage near the house together with a block built outbuilding across the lane which could be adapted for a variety of purposes. There is also a small shed needing serious attention.

Footpaths

PLEASE NOTE: We are advised, as is common throughout the UK, that there are two footpaths which cross the land on this property.

Income Generation

Our clients have advised that they have previously received a rental income of 700pcm from no.1 Troed Y Rhiw and 650pcm from no.2 Troed Y Rhiw.

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:
House 1: Band C, Ceredigion County Council
House 2: Band C, Ceredigion County Council

Directions

From the Newcastle Emlyn, take the A475 towards Lampeter until you reach Horeb. In Horeb, turn right onto the main A486. At the Gomer Press roundabout, turn left onto the B4624 going past the school and continue towards Llandysul. Go into the 20mph zone and enter the one-way system, take a sharp left turn just before the Porth Hotel towards Pren-Gwyn. Stay on this road past the old mill and on over the stone bridge and on. 1 & 2 Troedyrhiw are on the right-hand side on the corner of the turning towards Llanfair/Capel Dewi.

Google co-ordinates: 52.05132719501088, -4.304694787084458
What3words: ///lighter.trailers.blockage

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

£ 415200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 12500
  • 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

£ 40200
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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This is the assumed rate of house price inflation.

Final Property Value

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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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