Cadogan House

Keylet are proud to be instructed for the new Cardiff bay development, CADOGAN HOUSE. These new build apartments are a superb investment and perfect for first time buyers. We are working with Bristol based PG Group to bring you the latest development to Cardiff Bay. This exciting and unique development comprises an existing building, now restored to its former glory, and a modern new addition, all built to conserve the built environment in which the apartments stand.   There are 23 apartments with over 40% reserved already, so you’ll have to be quick.

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Key Features

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  • Contemporary fitted kitchens and bathrooms
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  • Communal cycle storage
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  • Show Apartment available
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  • Prime location within Cardiff Bay
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  • Some selected apartments with Balcony
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  • Help to Buy available
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Keylet are also offering a tour of the show apartment via Virtual Reality.

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VIEW PROPERTY HERE

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DOWNLOAD BROCHURE HERE

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To book a viewing, please contact the Sales Manager, Andrew on 02920376913 or andrew.wools@keylet.co.uk

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Garden Villages

A garden town is a development of more than 10,000 homes, and garden villages are smaller settlements between 1,500 and 10,000 homes. Garden cities have been long established, Sir Ebenezer Howard came up with the concept in 1898, creating Letchworth Garden City in Hertfordshire, later followed by Welwyn Garden City. As the UK is faced with a growing issue of a housing shortage, the government has decided to create 14 more of these new villages in rural regions to provide over 48,000 homes. But is this enough to solve the uneven balance of supply Vs demand?

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The good news is that new villages create new communities which in turn creates new jobs and facilities which helps boost the local economy. More importantly to the property industry, these new homes represent opportunities for agents. There could be several different developers in one site alone, and therefore it is important that agents position themselves well, so that when the opportunity arises you are at the forefront of the developers mind. It will also be a good use of brownfield sites, as there will be facilities provided within the villages to attract people to the outskirts of a city.

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Whilst it is promising to hear of such schemes, especially to accommodate the growing number of First-Time Buyers, the concern is that there is not enough money in the pot committed to building these homes. It seems that 14 plots of Garden Villages does not come close to sustaining the housing market and with no mention of Garden Cities, the larger developments have been downsized to just villages. There needs to be a combination of Garden Cities, Towns and villages to make a serious impression on the property industry.

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The government needs to continue rolling out schemes such as the Garden Villages, year on year to help alleviate the housing crisis. As well as going one step further and encouraging even larger developments such as the Garden cities, as there are more advantages of creating a larger community with more opportunities on a Brownfield site.

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Cardiff Digs – Unity News

In this edition, you can find out about the improvements to green spaces in Cathays as part of the “Cathays Regeneration Project”, the achievements of student volunteers from both Cardiff Council and South Wales Police, and updates from the Student Unions in Cardiff.

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CLICK HERE TO READ UNITY NEWS

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KEYLET VR

 

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The definition of virtual reality comes, naturally, to some. From definitions of both ‘virtual’ meaning near or close, and ‘reality’ meaning almost real, it creates this concept of something being almost real. This is something that people have been toying with the idea of for a long time, to be able to experience something without actually being there? Surely not!

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At Keylet we strive to continually provide our customers with the best service with the most recent technology. Introducing Keylet VR is a very proud and exciting moment for the company. This latest technology will revolutionise the property world for the good. No need to miss work or travel to view a property, watch our virtual tours via our website on a desktop computer, laptop, tablet or smart phone and if you really have a sense of adventure tune in at our offices to use our headsets.

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Even without a headset, the Keylet VR online property tour can be enjoyed in your web browser. The ideal way to get a real impression of a potential new home, and share it with your family and friends. Simply click the Keylet VR button when you see it on a property page, and click the icons to guide you through the tour.

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Keylet VR is currently being used at our Cardiff Bay office and is coming soon to our student office in Cathays. If you are a first time buyer what better way to find your dream home. If you are a landlord looking to rent your property out or even looking to sell, what better way than Keylet VR to market your property. Get in touch with a member of our team, this service is included in the overall charge if you’re selling. Having this technology at our disposal we are free to implement this in all our properties. Why not show off your home with our latest technology. Call us on 02920 489 000 or visit us at keylet.co.uk/whenever

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Development Blog: Converting a house to flats

Converting houses into flats is becoming increasingly popular. There’s a high demand for flats in cities, especially in Cardiff and splitting a property into units can maximise both rental income in the short-term, and profit on sale in the long-term. But where do you start? Here’s a quick guide on everything you need to know about converting a house into flats…

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Do your Market Research

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Before you even start thinking about conversion, you must make sure the flats you’re planning on building will be wanted in the area.

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Do some research, and ask us about the current market; Keylet will be able to give you expert advice about what’s selling quickly, what’s not, and the new hotspot areas. If four bedroom properties aren’t shifting but studios or one bedroom flats are, this type of conversion seems most sensible.

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Planning Permission

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The next thing to do is contact the planning department of your local council, as you’re likely to need planning permission. If you’re given the go ahead, you’ll then need to apply for Building Regulations before you start building.

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Cost

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Costs will vary hugely from property to property, depending on the size, condition and the number of flats you’re converting. We’d say you will expect to pay around £25,000 for a basic conversion, which would include putting up walls, installing bathrooms and central heating units. (You’ll need to talk to the utility companies so that each address has its own gas, electricity and water meters.)

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There are lots of things you’ll need to consider when budgeting for the project, including: 

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  • Planning approval from the local planning department
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  • Building regulation approval
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  • Installing new utility meters
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  • Fitting a new kitchen and bathroom
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  • Finance for development
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  • Sound deadening & tests
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  • Separate boilers
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  • Separate heating systems
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  • Creating a second entrance
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  • Decorating costs
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Finance

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It is imperative you shop around for the best mortgage rates and loans, as this will be where your profit margin is made.

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The legal stuff

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Make sure you tell the solicitor dealing with the legal transaction of your plans to convert, and ask them to identify any legal barriers to you doing so once the sale is complete – e.g. caveats in the deeds. Your solicitor will also be able to draw up leases for separate dwellings, which you’ll need if you plan on selling the properties.

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If you are interested in property conversions and buy-to-let property please feel free to contact us for an insight in to the market trends happening right now.

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sales@keylet.co.uk | 02920489000 | www.keylet.co.uk

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Home staging can achieve a higher rental yield

Home staging, can be a very important factor when it comes to selling your home, not only can it make a property highly desirable but it can also help to achieve a higher rental yield. From updated furniture and bedding, to lighting and table-top furnishings, there is a lot that can be done to improve a property’s internal appearance. By giving the property a homely feel you can help showcase the impressive features available and maximise the use of space, ensuring a home caters for family buyers or busy professionals.

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Home staging, can benefit both sales and rental properties, with rental furniture usually as an ‘after-thought’ for Buy-to-let landlords. In Cardiff, the rentals are most commonly preferred as furnished and how the property is dressed can help prospective renters see themselves living in the property. With the buy-to-let market already toughening, some simple steps to home staging can really help, and landlords/vendors that are pro-active with this can look to maximise yields.

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With more people than ever living within the private rented sector, the expectations have never been higher – and that includes not only a safe and functioning home but an appealing interior also. From a landlords prospective, dressing a property can also prove lucrative. Whether you are an individual, accidental or portfolio landlord, anyone can benefit from the appeal of a well-dressed home.

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Home staging is not just about interior design, it is also about curb-appeal and a marketing tool so that the property appeals to the widest possible audience of relevant renters and not to the personal taste of the landlord. Whilst it’s not suited to every property, there is no denying the possible impacts that it can have.

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Dress to let is not suited to every property, but there is no denying the possible impacts that it can have, with various design schemes available to suit the individual characteristics and space requirements of different properties.

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For further home staging advice visit https://www.keylet.co.uk/keylet-home-staging-advice

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