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For Sale 1 Bedroom 1 Bathroom 1 Reception From £62,500

Mynachdy Road, Cardiff, CF14 - From £62,500

  • Investment Opportunity Purpose Built Student Accommodation
  • Studio Apartments from £62,500
  • 9% NET Rental Return*
  • 5 Year Rental Assurance
  • 5% Interest on Deposit
  • Completion Q1 2018

CARDIFF STUDENT VILLAGE PHASE 2 | STUDENT ACCOMMODATION

Cardiff Student Village Phase 2 is an exceptional opportunity to invest in an off-plan student accommodation development in one of the UK's most active student cities: Cardiff. Offering students accommodation in the heart of the city's student district, Cardiff Student Village - Phase 2 has standard, corner and accessible studio apartments, available from £62,500 with a 9% NET rental return (excluding ground rent), a 5-year rental assurance and 5% interest on deposit.

Located just 0.60 miles from Cardiff Metropolitan University and 1.38 miles from Cardiff University, it is the ideal location for students looking to live near campus. With the city centre just 1.91 miles away, Cardiff's many sporting, cultural and retail centres are also easily accessible for students.

With a limited number of Phase 2 units available at this exceptional development, we advise interested purchasers to register your interest now.

* Studio Apartments: £62,500

* Corner Studio Apartments: £65,000

* Accessible Studio Apartments: £67,500

* Large Studio Apartments: £77,500

* 9% NET Rental Return *(excuding ground rent)

* 5 Year Rental Assurance

* 5% Interest on Deposit

* Ground Rent £250

* Projected Service Charge £1656.12

* Completion: Q1 2018

PROPERTY SPECIFICATION

* Fitted Kitchenette

* Reception Area & Laundry Facilities

* Furnished Including Double Bed

* En-Suite Shower Room

* 1.38 Miles From Cardiff University

* Central Location

* 0.60 Miles From Cardiff Metropolitan University

PURCHASE PROCESS

* RESERVATION
Reservation form completed & £5,000
non-refundable fee paid and deducted from the deposit on exchange

* SOLICITORS INSTRUCTED
Solicitors instructed, legal pack sent out & anti-money laundering
process completed

* EXCHANGE OF CONTRACTS
25% of purchase price paid to solicitors & contracts exchanged within
28 days of reservation

...Read Less

The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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