3 bedroom terrace for sale

£190,000

3

Bedrooms

1

Bathrooms

2

Reception

Padarn Property is proud to present this beautifully refreshed three-bedroom terraced home in the heart of Penparcau. Perfect for families, first-time buyers, or anyone looking for a comfortable home with a view, this property has recently been given a fresh lease of life with a repaint and brand-new carpets throughout.

As you step inside, youre greeted by an inviting porch, with a large living room on the right and the open-plan kitchen diner on the left. The kitchen is practical and well-sized, ready for you to put your own stamp on it. Upstairs, youll find three comfortable bedrooms, each offering a peaceful retreat.

One of this homes standout features is the viewoverlooking the wide, open expanse of Blaendolau playing fields, youll have the perfect backdrop to enjoy from your window, whether its a golden sunrise or a crisp autumn afternoon.

Situated in a convenient location with easy access to Aberystwyth town, local amenities, and the stunning Ceredigion coastline, this home is a fantastic opportunity for anyone looking to settle in this vibrant community.

Ready to move straight in and create a place to call home? Book a viewing today!



Property additional info

Entrance Hallway:
Carpeted flooring, 1 socket outlet, 1 ethernet outlet, 1 dial thermostat, double-panelled radiator, 1 light fixture, entrance to both reception rooms and upstairs landing.

Reception Room 1 :
Carpeted flooring, gas Fireplace with wooden mantelpiece, six wall-mounted light fixtures, 2 casement uPVC double-glazed windows,

Reception Room 2 :
Carpeted flooring, 2 light fixtures, 2 long single panelled radiator, Casment uPVC double glazed window, entrence to understairs storage and open archway that leads to the kitchen.

Kitchen:
Slate effect herringbone vinyl flooring, 2 ceiling light fixtures, wooden base and eye units for storage, outlets for washer and gas cooker, double-panelled radiator, Casment uPVC double-glazed window, uPVC double-glazed patio door.

Landing:
Carpeted flooring, Casment uPVC double glazed window, 1 ceiling Light fixture, entrence to all bedrooms and bathroom, storage cupboard containing boiler.

Bedroom 1 :
Carpeted flooring, single-panelled radiator, casement uPVC double-glazed, 1 light fixture, wooden door leading to small storage cupboard.

Bathroom:
Mozaic tile effect vinyl flooring, dual flush ceramic toilet, electric shower, ceramic bath with wooden panels, small casement uPVC double-glazed frosted window, ceramic pedestal sink, single panel radiator.

Bedroom 2 :
Carpeted flooring, single-panelled radiator, casement uPVC double-glazed, 1 light fixture, wooden door leading to a storage cupboard.

Bedroom 3 :
Carpeted flooring, single-panelled radiator, casement uPVC double-glazed window, 1 ceiling-mounted light fixture, 2 wooden shelves.

Nearest Stations:

1.3 miles
Aberystwyth
6.39 miles
Borth
10.03 miles
Aberdovey
10.22 miles
Penhelig
12.86 miles
Dovey Junction

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

£ 149950

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
    £ 4750
  • 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

£ 7450
  • 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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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