2 Bed Flat, Single Let, Tonypandy, CF40 2LS, £80,000

74A Partridge Road, Tonypandy, Rhondda Cynon Taff, CF40 2LS - 3 views - 2 years ago

Leasehold

BTL

ROI: 9%

~68 m²

+15 photos

Valuation

Sold Prices	£26.5K - £68K
Sold Prices/m²	£500/m² - £1.1K/m²

Square Metres	~68.11 m²
Price/m²	£1.2K/m²

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£20,000£20,000
Stamp Duty & Legal Fees	£3,600£3,600
Total Cash In	£23,600£23,600

Cash Out
Rent Range	£542 - £1,650£542 - £1,650
Rent Estimate	£554
Running Costs/mo	£381£381
Cashflow/mo	£173£173
Cashflow/yr	£2,078£2,078
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

2 sold prices from £26.5K to £68K, average is £47.3K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£26.5K	11/22	1.41 mi	Flat 1, East Court, East Road, Tylorstown, Ferndale, Rhondda Cynon Taff CF43 3BU	£500	53	2	Flat
£68K	11/22	2.42 mi	5, Glan Ffrwd, Porth, Rhondda Cynon Taff CF39 9EG	£1,115	61	2	Flat

Local Rents

18 rents from £542/mo to £1.6K/mo, average is £710/mo.

Rent	Date	Distance	Address	Beds	Type
£542	04/24	0 mi	-	2	Flat
£542	03/24	0 mi	Partridge Rd, Tonypandy, CF40	2	Flat
£750	03/25	0.59 mi	-	2	Terraced House
£700	02/25	0.59 mi	-	2	Terraced House
£700	04/25	0.7 mi	-	2	Terraced House
£725	05/24	0.74 mi	Llewellyn Street, Pontygwaith	2	Terraced House
£750	03/24	0.8 mi	Wengraig Road, TONYPANDY	2	Terraced House
£700	03/24	0.81 mi	Trealaw Road, TONYPANDY	2	Terraced House
£720	02/25	0.88 mi	-	2	Terraced House
£720	03/25	0.88 mi	-	2	Terraced House
£1,650	12/24	0.92 mi	-	2	Semi-Detached House
£675	03/24	0.92 mi	Court Street, Tonypandy	2	Flat
£695	02/24	0.94 mi	-	2	Terraced House
£850	04/24	1 mi	Clos Gellifaelog, TONYPANDY	2	Terraced House
£750	03/24	1.03 mi	Stanley Square, Stanleytown, FERNDALE	2	Terraced House
£575	04/24	1.12 mi	Middle Terrace, Stanleytown, Rhondda Cynon Taff, CF43	2	Terraced House
£750	04/24	1.18 mi	Clydach Road, TONYPANDY	2	House
£595	05/24	1.19 mi	East Road, Tylorstown, Ferndale	2	Terraced House

Local Area Statistics

Population in CF40	20,54120,541
Population in Tonypandy	20,54020,540
Town centre distance	1.08 miles away1.08 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.20 miles away0.20 miles away

Rental growth (12m)	0%0%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+50%+50%

Property History

Listed for £80,000

February 9, 2023

Sold for £40,000

2007

Floor Plans

Description

FIRST FLOOR FLAT +
TWO DOUBLE BEDROOMS +
KITCHEN +
LOUNGE +
BATHROOM +
STORAGE ROOM/OFFICE OR UTILITY ROOM +
OPEN VIEWS +
NO ONWARD CHAIN +

This first floor flat is one of three in the block, set back off the main road with communal patio to front, side access to privately owned garden to rear, access is via video intercom, comes with good size storage room external to the flats front door which could be easily converted to access from internally, plenty of storage, good size lounge, open views across the valley & park from the kitchen & bedroom, two double bedrooms plus bathroom. This property has good size accommodation an internal viewing is a must to truly apricate the size.

Agent Details

Darlows, covering Tonypandy

01443 801714

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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