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22 Oxford Street, CF45 3PL
£299,950
Bedrooms
Bathrooms
Reception
*** DETACHED BUNGALOW SITUATED OVER TWO PLOTS *** An amazing opportunity to purchase this detached bungalow which is of a generous size and complimented with wrap around gardens. This plot is sure not to disappoint any keen gardener or sun worshipper. The property is well presented and bungalows like these do not come on the market very often. A truly beautiful and welcoming home with lots to offer and viewing is highly recommended. Situated on the corner of a cul-de-sac in the quiet location of Glenboi, just on the outskirts of Mountain Ash town centre. Train station a short stroll away and the town centre of Mountain Ash can be reached by foot or a short drive away providing shops, GP surgery, hospital and a further train station. The A470 can be easily reached providing access to Cardiff and the Heads of the valley link roads. ACCOMMODATION: Entrance porch, hallway, lounge, bathroom, kitchen and 2 bedrooms. Double garage with driveway in front for 2 vehicles.
Map location is not available for this property.
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.
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