Pontrhydfendigaid, Ystrad Meurig, SY25

*** No onward chain   ***  Local Affordable Home   ***  A modern yet spacious first floor flat   ***  1 bedroomed accommodation   ***  LPG fired central heating, double glazing and good Broadband connectivity   *** The property is available fully furnished and has previously been utilised for holiday letting 

***  Positioned within a select residential gated development   ***  Designated parking for one vehicle   ***  Centre of Village location   

***  Pontrhydfendigaid enjoys a good range of local amenities nestled at the foothills of the Cambrian Mountains - Great for outdoor pursuits   ***  Within close proximity to the University Town Coastal Resort and Administrative Centre of Aberystwyth and the Market Towns of Tregaron and Lampeter   ***  Perfectly suiting 1st Time Buyers 

We are informed by the current Vendors that the property benefits from mains water, mains electricity, mains drainage, LPG fired central heating, double glazing, telephone subject to B.T. transfer regulations, Broadband subject to confirmation by your Provider.

LOCATION

Parc Teifi is located in Pontrhydfendigaid a picturesque Village within the Welsh countryside. Pontrhydfendigaid is nestled at the foothills of the Cambrian Mountains being popular with those having country pursuits at heart and within easy travelling distance to the larger Towns of Employment Centre of Aberystwyth, to the West, and Lampeter, to the South. The Development is set centrally within the Village with a range of Village amenities close by and having ease of access.

GENERAL DESCRIPTION

Local Affordable Home. Flat 4 Parc Teifi is a first floor flat providing spacious 1 bedroomed modern accommodation with LPG fired central heating, double glazing and good Broadband connectivity.

The property is situated within a select residential development within a gated Community.

THE ACCOMMODATION

The accommodation at present offers more particularly the following.

BATHROOM

A modern suite with a panelled bath with shower over, low level flush w.c., pedestal wash hand basin, heated towel rail.

OPEN PLAN KITCHEN/DINER/LIVING AREA

15' 3" x 16' 0" (4.65m x 4.88m). A fitted Shaker style kitchen with a range of wall and floor units with work surfaces over, stainless steel sink and drainer unit, electric oven, 4 ring hob with extractor hood over, plumbing and space for automatic washing machine, radiator, Velux roof window.

BEDROOM

15' 5" x 9' 5" (4.70m x 2.87m). With radiator, Velux roof window.

ACCESS

The property is accessed via a staircase leading from the rear entrance door.

PARKING AND DRIVEWAY

Designated parking for one vehicle.

PLEASE NOTE

The property is situated within a select development. The properties are available fully furnished as they were previously utilised for holiday lettings.

PHOTOGRAPHS

Photographs are examples taken from certain property types and fixtures and furniture vary from property to property.

AGENT'S COMMENTS

A modern yet spacious 1 bedroomed first floor flat on a select development.

AFFORDABLE HOME CRITERIA

The three qualifying criteria to purchase and occupy this property are:

1. Unable to obtain a mortgage for 10% more than the discounted price of the property e.g. discounted price £100,000 to qualify must not be able to obtain a mortgage for £110,000 or more. Applicants will also need to be able to fund any deposit required by the mortgage company.

2. Local Connection
o Lived in Ceredigion for a continuous period of 10 years in the last 20 years.
OR
o Need to live in Ceredigion to substantially care for or be cared for by a close relative who has lived in Ceredigion for 10 continuous years in the last 20 years) and the relative’s property is incapable (whether as it stands or subject to extension) of meeting the needs of the combined household.
OR
o Are employed in Ceredigion as a key worker on a full time (35 hours) permanent basis. For these purposes a Key Worker is:
A teacher in a school or in a further education establishment...

TENURE AND POSSESSION

We are informed the property is 999 year Leasehold Tenure and will be vacant on completion. No onward chain.

SERVICE CHARGE

We are informed by the current vendor that the property is subject to a service charge.
These funds are designed to be collected and put aside in order to cover future large expenditure, for example re-tarmacking the roadways, or upgrading/replacing street lighting, landscaping costs and communal water source.
1 Bedroomed Apartment - £570.99 per annum

COUNCIL TAX

The property is listed under the Local Authority of Ceredigion County Council. Council Tax Band for the property - 'A'.

MONEY LAUNDERING REGULATIONS

The successful Purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include Passport/Photo Driving Licence and a recent Utility Bill. Proof of funds will also be required or mortgage in principle papers if a mortgage is required.