Lovely three bedroom home

£245,000 Guide Price

3

Bedrooms

1

Bathrooms

1

Reception

Floorplan

H&M Properties are pleased to offer for sale this lovely three bedroom family home. Situated in a quiet area of Rumney, close to local shops, schools, parks and transport links. Accomodation comprises of a hallway, front reception room and kitchen/diner/office to the first floor and three bedrooms and a family bathroom to the first floor. The property further benefits from a patially boarded loft with velux windows, a larger than average newly laid keyblock driveway, providing space for multiple vehicles, a charming rear garden and garage. Perfect for a family, investor or first time buyer.

HALLWAY - 1.81m (max) x 3.58m - Entered via a uPVC double glazed front door, with woodblock flooring, radiator, coved ceiling, understairs built in cupboard and a large built in double cupboard.

FRONT RECEPTION - 3.32m (max) x 5.30m - with woodblock flooring, coved ceiling, feature fireplace and a uPVC double glazed window to the front.

KITCHEN/DINER/OFFICE - 5.25m x 3.61m(kitchen/diner) 2.40m x 2.56m (office space) - with slate flooring, a range of cream wall and base units, beechblock worktops, tiled splashbacks, cream cooker hood, ceramic hob, built in stainless steel oven, cream 1.5 bowl sink and drainer with mixer tap, space for washing machine, space for dishwasher, built in cupboard, uPVC double glazed door leading to the side of the property, 2 x uPVC double glazed windows to the rear of the property and uPVC double glazed french doors leading to the rear garden.

LANDING - with coved ceiling and a uPVC double glazed window to the side.

BEDROOM ONE - 3.11m (max) x 4.27m - good size double bedroom with fitted carpet, built in wardrobes, radiator, coved ceiling and a uPVC double glazed window to the front.

BEDROOM TWO - 3.58m x 3.13m (max) - with fitted carpet, radiator, coved ceiling and a uPVC double glazed window to the rear.

BEDROOM THREE - 2.74m x 2.63m - with fitted carpet, radiator, coved ceiling and a uPVC double glazed window to the rear.

BATHROOM - 2.51m x 2.03m - Lovely family bathroom with suite comprising; White freestanding bath, white low level WC, white sink inset into a vanity unit and a shower with base and glass enclosure. Patterned half tiled feature wall and floor and a uPVC double glazed window to the front.

REAR GARDEN - newly laid key block patio area, lawned area and borders with plants and shrubs.
GARAGE - Good size garage with electricity.

SCHOOL CATCHMENT
English medium primary catchment area is Trowbridge Primary School (year 2021-22) Trowbridge Primary School (year 2022-23) Note Howardian Primary catchment area yet to be established Applications are welcomed English medium secondary catchment area is Eastern High School (year 2021-22) Eastern High School (year 2022-23) Welsh medium primary catchment area is Ysgol Pen Y Pil (year 2021-22) Ysgol Pen Y Pil (year 2022-23) Note Ysgol Hamadryad catchment area will be established from September 2021. Applications are welcomed Welsh medium secondary catchment area is Ysgol Gyfun Gymraeg Bro Edern (year 2021-22) Ysgol Gyfun Gymraeg Bro Edern (year 2022-23)

COUNCIL TAX BAND: C
SERVICES: Gas, electricity, water and drainage.
TENURE: Freehold
*H&M Properties have prepared these sales particulars and believe them to be correct but their accuracy can not be guaranteed. They are intended to give a general description of the property and do not form part of any contract. Services and appliances have not been tested.*

Nearest Stations:

3.09 miles
Heath High Level
3.11 miles
Heath Low Level
3.24 miles
Llanishen
3.63 miles
Cathays
3.66 miles
Cardiff Queen Street

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

£ 192575

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
    £ 6125
  • 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

£ 8825
  • 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.

£

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

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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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