6 Bed Detached House, Refurb/BRRR, CF46 5RN, £1,100,000

Cefn Fforest Farm, Treharris, Merthyr Tydfil, CF46 5RN - a year ago

Refurb/BRRR
Planning
~343 m²
+24 photos

ValuationOvervalued

Sold Prices£96.5K - £450K
Sold Prices/m²£988/m² - £3.5K/m²

 

 

Square Metres

~342.75 m²
Price/m²£3.2K/m²

Value Estimate

£707,853

 

 

End Value (After Refurb)

£473,522

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£275,000

Stamp Duty & Legal Fees

£107,450

Refurb Costs

£140,048

Bridging Loan Interest

£28,875

Total Cash In

£553,123

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£473,522

Mortgage (After Refinance)

£355,142

Mortgage LTV

75%

Cash Left In

£553,123

Equity

£118,381

Rent Range

£575 - £900,208

Rent Estimate

£750

Running Costs/mo

£1,650

Cashflow/mo

£-900

Cashflow/yr

£-10,797

Gross Yield

1%

Local Sold Prices

29 sold prices from £96.5K to £450K, average is £325K. £988/m² to £3.5K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£325K11/210.58 mi23, Springfield Rise, Treharris, Merthyr Tydfil CF46 5RD4
£187.5K01/230.69 mi11, The Park, Treharris, Merthyr Tydfil CF46 5RH4
£172K06/210.7 mi18, The Park, Treharris, Merthyr Tydfil CF46 5RH4
£335K06/230.72 miY Goedwig, Cardiff Road, Edwardsville, Treharris, Merthyr Tydfil CF46 5NB4
£96.5K02/210.73 mi40, Webster Street, Treharris, Merthyr Tydfil CF46 5HP4
£205K06/230.83 mi9, Edwards Terrace, Trelewis, Treharris, Merthyr Tydfil CF46 6AR4
£100K01/210.83 mi1, John Street, Treharris, Merthyr Tydfil CF46 5PS4
£340K10/220.88 mi2, Griffin Rise, Treharris, Merthyr Tydfil CF46 5BJ4
£430K12/220.88 mi3, Griffin Rise, Treharris, Merthyr Tydfil CF46 5BJ4
£341K12/220.88 mi26, Manor Court, Edwardsville, Treharris, Merthyr Tydfil CF46 5NZ4
£390K11/211.07 mi26, Heol Y Glyn, Treharris, Merthyr Tydfil CF46 5RX4
£325K11/201.11 mi1, Heather Court, Quakers Yard, Treharris, Merthyr Tydfil CF46 5RP4
£345.5K06/211.12 mi5, Heol Coflorna, Treharris, Merthyr Tydfil CF46 5RY4
£410K01/231.13 mi5, Heather Court, Quakers Yard, Treharris, Merthyr Tydfil CF46 5RP4
£365K09/221.19 mi21, Millfield, Quakers Yard, Treharris, Merthyr Tydfil CF46 5LD4
£263K02/211.22 mi19, Shire Court, Quakers Yard, Treharris, Merthyr Tydfil CF46 5HJ4
£285K01/211.22 mi12, Shire Court, Quakers Yard, Treharris, Merthyr Tydfil CF46 5HJ4
£230K03/211.22 mi1, Shire Court, Quakers Yard, Treharris, Merthyr Tydfil CF46 5HJ4
£250K10/201.22 mi28, Shire Court, Quakers Yard, Treharris, Merthyr Tydfil CF46 5HJ4
£447.5K10/221.35 mi43, The Oaks, Quakers Yard, Treharris, Merthyr Tydfil CF46 5HQ4
£340K05/211.35 miFairmead, Pentwyn Road, Treharris, Merthyr Tydfil CF46 5BS4
£376.5K06/211.39 mi5, Woodland Drive, Aberfan, Merthyr Tydfil CF48 4PX4
£380K06/231.4 mi5, Woodland Drive, Aberfan, Merthyr Tydfil CF48 4PX4
£310K11/221.51 mi18, River Avenue, Trelewis, Treharris, Merthyr Tydfil CF46 6EF4
£170K06/231.52 mi57, Maes Y Ffynnon, Ynysboeth, Mountain Ash, Rhondda Cynon Taff CF45 4AZ4
£332K12/211.79 mi5, Woodland Crescent, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4UT4
£450K06/231.8 mi1, Cwrt Nant Llwynog, Bedlinog, Treharris, Merthyr Tydfil CF46 6TJ4
£135K09/231.82 mi65, Abercynon Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4NG4
£292.5K10/201.95 miRose Cottage, Llwyncelyn Terrace, Nelson, Treharris, Caerphilly CF46 6HF4

Local Rents

17 rents from £575/mo to £900.2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75012/240.6 miPritchard Street, Treharris3
£70012/240.62 miEvan Street, TREHARRIS3
£1,29503/240.7 miMount Pleasant, Mount Pleasant, Merthyr Tydfil, Mid Glamorgan, CF48 4TD3
£57511/230.75 miFell Street, Treharris, CF46 5HN3
£57511/230.75 miFell Street, Treharris, CF46 5HN3
£75012/240.75 miFell Street, TREHARRIS3
£650,15011/230.78 miNant-Ddu Terrace, Edwardsville, Treharris3
£80011/240.82 mi-3
£75008/240.85 mi-3
£62512/240.89 mi-3
£72512/240.93 mi-3
£65012/240.95 mi-3
£82504/250.96 mi-3
£80012/240.96 mi-3
£80007/240.96 mi-3
£72509/241.15 mi-3
£900,20811/231.21 miTy Llwyd Parc Estate, Quakers Yard, Treharris3

Local Area Statistics

Population in CF46

14,291

Nearest school

0.80 miles away

Nearest train station

1 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £1,100,000

December 3, 2024

Listed for £1,300,000

January 4, 2024

Floor Plans

Description

  • Large Farmhouse in need of full refurbishment +
  • Set within Beautiful Countryside +
  • 42.88 Acres of Land +
  • Beautiful Stone Traditional Farm Outbuildings +
  • Wind Turbine also available for purchase. +
  • Suitable for Agriculture and Equestrian enthusiast +
  • Near Forestry and Woodland areas +
  • Mountain views +
  • Traditional Dry Stone Walls +
  • Perfect for Offsetting Carbon Footprint +

The property comprises of a detached 6-bedroom farmhouse with a range of traditional stone built and semi-modern farm buildings set in approximately 184.95 acres of land. Part of the land is subject to a lease for a 500kw wind turbine

Situation - The property is situated in a convenient location approximately 1 mile from north of Treharris. It is situated approximately 2.7 miles from the A470 at the Abercynon Roundabout which is the main access route between Merthyr Tydfil and the M4 at Junction 32.

About The Property - The property comprises of a detached 6-bedroom farmhouse with a range of traditional stone built and semi-modern farm buildings set in approximately 184.95 acres of land. Part of the land is subject to a lease for a 500kw wind turbine

Tenure And Services - The freehold of the Farmhouse and Land is offered for sale with the benefit of vacant possession.

We are informed that the farm has the benefit of a mains water supply and separate well fed water supply. The farmhouse benefits from mains electricity and a private sewerage scheme. The land benefits from natural water supply albeit is not available to all fields.

The Farmhouse - The farmhouse is a substantial detached 5/6-bedroom t-shaped farmhouse in need of complete renovation and modernisation. It is constructed of rendered stone elevations under a tiled roof and benefits from a stone barn with corrugated sheet roof which adjoins the house on its southerly gable end and may have potential for conversion subject to any necessary planning permissions.

The Farm Buildings - The farm buildings comprise of a range of traditional stone-built farm buildings and semi modern hay barn situated in the farmyard adjoining the farmhouse. They may have potential for conversion for alternative use subject to any necessary planning permissions.

The Farmland - The farmland which includes approximately 184.95 acres of pastureland most of which comprises southerly facing hay meadows which are mowed annually for hay.

Wind Turbine Lease - Part of the property as shown in blue on the plan is subject to a wind turbine lease for a period of 25 years from 2015. The passing rental is in the region of £27,998 per annum and is subject to rent increases in accordance with the Retail Price Index. Any intending purchasers of this lot may be provided with a copy of the lease and full details of the rent passing on request.

Basic Payment Scheme - The farm has been registered under the Welsh Basic Payment Scheme. The entitlements are excluded from the sale but are available to purchase by separate negotiation. The seller will retain the right to receive the benefit of the 2024 Basic Payment Scheme Claim.

Boundaries - The responsibility for boundary maintenance, where it is known, is as shown by the inward facing 'T' marks.

Wayleaves/Easements - The property is sold subject to and with the benefit of all rights of way, wayleaves, access, water, light drainage, and other easements, quasi easements, covenants, restriction orders etc., as may exists over the same of for the benefit of same, whether mentioned in these particulars or not.

Sporting, Timber & Mineral Rights - The sporting rights, mineral rights and timber are included within the freehold in so far as they are owned.

Health And Safety - The property is currently a working farm and therefore viewers should be careful and vigilant whilst on the land. Neither the seller nor selling agents are responsible for the safety of those viewing the property and accordingly those viewing the property do so at their own risk. Please note there may be cattle on the land.

Proceeds Of Crime Act 2002 - Watts and Morgan LLP are obliged to report any knowledge or reasonable suspicion of money laundering to NCA (National Crime Agency) and should such a report proved necessary maybe preduded from conducting any further work without consent from NCA.

Agent Details

Watts & Morgan, Cowbridge

01446 506820

Next Steps?

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