Two bedroom bungalow

£300,000 Guide Price

Floorplan

Rarely available to the market is this semi detached, two bedroom bungalow. Located in the sought after area of Penylan. Enjoying picturesque views overlooking Waterloo Gardens, this delightful bungalow is located in the beautiful location of Waterloo Gardens and is a must see. Many local amenities such as shops, cafes and bars are within easy reach, together with local parkland such as Waterloo Gardens, The Sandies and Roath Mill Gardens. The accomodation comprises; Large lounge, WC, conservatory, newly fiited kitchen, two double bedrooms, newly refurbished bathroom, good sized front and rear gardens and a garage with power and light.

Entrance lean to
WC

Lounge
Kitchen
Conservatory
Bedroom one
Bedroom Two
Bathroom
SCHOOL CATCHMENT:
English medium primary catchment
Marlborough Primary School (year 2024-25)
English medium secondary catchment

Cardiff High School (year 2024-25)

Welsh medium primary catchment
Ysgol Y Berllan Deg (year 2024-25)
Welsh medium secondary catchment
Ysgol Gyfun Gymraeg Bro Edern (year 2024-25)

COUNCIL TAX BAND: E

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:

1.21 miles
Cardiff Queen Street
1.24 miles
Cathays
1.78 miles
Cardiff Central
1.93 miles
Heath Low Level
1.96 miles
Heath High Level

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

£ 250200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7500
  • 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

£ 25200
  • 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

Adjust these figures

  %

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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