2 bed terraced house for sale kilcattan street, cardiff cf24

£185,000 Guide Price

2

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Situated on Kilcattan Street in Cardiff, this terraced house presents a comfortable living space with two bedrooms, one bathroom, and two reception rooms. The property is designed with an open plan lounge, enhancing the sense of space and providing a versatile area for relaxation and dining. The inclusion of a gas central heating combi boiler ensures that the home remains warm and energy-efficient.

The two double bedrooms offer ample space for furnishings, making them suitable for various living arrangements. The bathroom is conveniently located to the ground floor and includes . The property benefits from on-road parking, providing accessible vehicle accommodation for residents.

The layout of the house is straightforward, with the open plan lounge serving as the focal point of the home. This area seamlessly connects to the rest of the living space, allowing for easy movement and interaction. The reception rooms offer additional space for entertainment or quiet retreats, depending on the needs of the occupants.

Cardiff, the capital city of Wales, offers a wide range of amenities and services. Residents of Kilcattan Street can enjoy the proximity to local shops, schools, and public transport options, making daily errands and commutes convenient. The city's vibrant cultural scene, including theatres, museums, and galleries, are easily accessible.

The property is located within a community that benefits from Cardiff's comprehensive infrastructure, including healthcare facilities, educational institutions, and recreational areas. The city's parks and green spaces offer outdoor activities and relaxation spots for residents to enjoy.

Overall, this terraced house on Kilcattan Street provides a practical living solution in Cardiff, with essential features and a convenient location. Perfect for first time buyers or as an investment.

Reception One - 3.14m x 3.08mReception Two - 4.12m x 2.72mBedroom One - 3.04m x 4.12mBedroom Two - 3.24m x 2.78m
Services: Water, drainage, electricity and gas.
Tenure: Freehold


Nearest Stations:

0.54 miles
Cardiff Queen Street
0.99 miles
Cardiff Central
1.03 miles
Cardiff Bay
1.05 miles
Cathays
1.66 miles
Grangetown (South Glamorgan)

Map location is not available for this property.

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

£ 146075

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
    £ 4625
  • 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

£ 7325
  • 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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