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7 Fidlas Road, Cardiff, CF14 0LW
£179,995 Guide Price
Bedrooms
Bathrooms
Reception
We are delighted to present to market this ground floor two bed apartment in the sought after complex of Glenside Court. Property benefits from front and rear access. Ideally positioned with the rear access opening onto the well-maintained communal gardens and courtyard. Residents and visitors parking available.
This attractive complex is situated off the tree lined Ty Gwyn Road, which is walking distance to shops, cafes and restaurants on Wellfield Road, and Roath Park Gardens also nearby. Good transport links with a bus stop conveniently located close by.
Any buyer must be a minimum age of 55 years and will be subject to an applicants interview with the managing agents of the complex.
This property benefits from a private entrance to the apartment, into a long 20ft hallway, leading to a spacious lounge / kitchen, modern shower room and 2 double bedrooms, one with fitted wardrobes.
Measurements approximate and into maximum space.
Lounge 17.85ft (5.44m) x 12.53ft (3.82m)
Kitchen 10.66ft (3.25m) x 7.12ft (2.17m)
Bedroom 1 14.33ft (4.37m) x 9.51ft (2.90m)
Bedroom 2 9.84ft (3.00m) x 9.51ft (2.90m)
Bathroom 7.02ft (2.14m) x 5.08ft (1.55m)
Leasehold Property: 999 yrs from 1988 Service Charge: Currently 252.95 per month
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.
7 Fidlas Road, Cardiff, CF14 0LW
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