4 Bed Terraced House, Refurb/BRRR, Merthyr Tydfil, CF48 3RY, £100,000

Bryntirion Street, Dowlais, Merthyr Tydfil, CF48 3RY - 10 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~129 m²
+5 photos

ValuationFair Value

Sold Prices£88K - £450K
Sold Prices/m²£763/m² - £2.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£774/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£174,913

Uplift in Value

+75%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Refurb Costs

£52,815

Bridging Loan Interest

£2,625

Total Cash In

£88,390

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£174,913

Mortgage (After Refinance)

£131,185

Mortgage LTV

75%

Cash Released

£56,185

Cash Left In

£32,205

Equity

£43,728

Rent Range

£650 - £1,980

Rent Estimate

£848

Running Costs/mo

£736

Cashflow/mo

£112

Cashflow/yr

£1,342

ROI

2%

Gross Yield

10%

Local Sold Prices

48 sold prices from £88K to £450K, average is £256K. £763/m² to £2.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£125K09/210.05 mi39, Alma Street, Dowlais, Merthyr Tydfil CF48 3RP4
£210.1K11/220.35 mi101, Haydn Terrace, Merthyr Tydfil CF47 9UX4
£98K12/220.48 mi13, Brynhyfryd Street, Merthyr Tydfil CF47 9YN4
£145K09/230.56 mi42, Galon Uchaf Road, Merthyr Tydfil CF47 9TP4
£175K02/210.56 mi15, Caeracca Villas, Pant, Merthyr Tydfil CF48 2AS4
£320K03/230.58 mi1, Dennithorne Close, Merthyr Tydfil CF48 3HE4
£257K11/200.62 mi3, Japonica Drive, Merthyr Tydfil CF48 3HG4
£275K12/200.63 mi26, Calluna Close, Merthyr Tydfil CF48 3HF4
£364K10/220.69 mi4, Y Graig, Pant, Merthyr Tydfil CF48 3SS4
£230K11/210.7 mi45, Brecon Rise, Pant, Merthyr Tydfil CF48 2BW4
£297.5K05/220.71 miDarn O Dir, Gwaunfarren Road, Merthyr Tydfil CF47 9AP4
£370K07/220.74 mi46, The Hawthorns, Pant, Merthyr Tydfil CF48 2EJ4
£290K12/200.74 mi67, The Hawthorns, Pant, Merthyr Tydfil CF48 2EJ4
£250K12/220.78 mi94, Brecon Rise, Pant, Merthyr Tydfil CF48 2EF4
£345K06/230.84 miBrydon Bungalow, Incline Top, Merthyr Tydfil CF47 0TJ4
£105K07/230.96 mi46, Trevethick Street, Merthyr Tydfil CF47 0HX4
£279.9K09/211.01 mi19, Glynmil Close, Merthyr Tydfil CF47 0GE4
£310K04/221.01 mi16, Glynmil Close, Merthyr Tydfil CF47 0GE4
£172K10/211.02 mi25, The Avenue, Merthyr Tydfil CF47 8YT4
£250K08/231.02 mi27, The Avenue, Merthyr Tydfil CF47 8YT4
£278K11/211.05 mi16, St Marys Close, Merthyr Tydfil CF47 8YS4
£450K12/221.07 mi2, The Grove, Merthyr Tydfil CF47 8YR4
£235K12/201.07 mi14, The Grove, Merthyr Tydfil CF47 8YR4
£220K10/201.09 mi5, Dan Y Parc View, Incline Top, Merthyr Tydfil CF47 0GF4
£440K11/221.13 miMaesynant, Grove Park, Merthyr Tydfil CF47 8HX4
£282K10/221.21 mi16, Blaenau'r Cwm, Merthyr Tydfil CF47 0JD4
£225K05/211.22 mi5, Clos Cwm Golau, Merthyr Tydfil CF47 0JA4
£345K06/231.22 mi4, Meyrick Villas, Merthyr Tydfil CF47 8PX4
£245K07/231.23 mi18, Lancaster Terrace, Merthyr Tydfil CF47 8SL4
£172K03/231.27 mi4, Park Terrace, Merthyr Tydfil CF47 8RF4
£210K01/231.37 miSpringhill, Bryntirion Road, Merthyr Tydfil CF47 0ER4
£226K10/201.4 mi1, Cedar Close, Merthyr Tydfil CF47 0LX4
£280K06/211.4 mi16, Cedar Close, Merthyr Tydfil CF47 0LX4
£275K05/221.4 mi3, Cedar Close, Merthyr Tydfil CF47 0LX4
£290K12/221.4 mi11, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£242K03/221.44 mi11, Hawthorn Drive, Merthyr Tydfil CF47 0LZ4
£255K06/211.45 mi15, Hawthorn Drive, Merthyr Tydfil CF47 0LZ4
£220K02/211.45 mi12, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£315K08/221.49 mi28, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£170K12/221.51 mi9, Arfryn Terrace, Merthyr Tydfil CF47 0PP4
£350K12/221.6 mi3, Lakeside Gardens, Merthyr Tydfil CF48 1EN4
£280K02/211.6 mi1, Lakeside Gardens, Merthyr Tydfil CF48 1EN4
£88K03/211.69 mi32, Woodland Walk, Merthyr Tydfil CF48 1AQ4
£340K01/231.73 mi52, Cyfarthfa Gardens, Cefn Coed, Merthyr Tydfil CF48 2SE4
£360K11/221.73 mi4, Cyfarthfa Gardens, Cefn Coed, Merthyr Tydfil CF48 2SE4
£230K11/221.9 mi21, Milbourne Close, Merthyr Tydfil CF47 0UH4
£270K10/201.96 miCasa Mea, Tai Mawr Way, Merthyr Tydfil CF48 1LN4
£90K06/211.99 mi13, Heol Tai Mawr, Merthyr Tydfil CF48 1LE4

Local Rents

19 rents from £650/mo to £2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£65003/240.05 miWimbourne Street, Merthyr Tydfil, CF48 3SB3
£87504/250.05 mi-3
£80006/240.06 mi-3
£80005/240.06 miRegent Street, Dowlais, Merthyr Tydfil, CF483
£80005/240.06 miRegent Street, Dowlais, Merthyr Tydfil, CF483
£79504/240.06 miRegent Street, Dowlais3
£75005/240.09 mi-3
£75003/240.09 miGlendower Street, Dowlais, Merthyr Tydfil, CF483
£80003/240.11 miGlendower Street, Dowlais, MERTHYR TYDFIL3
£92503/250.13 mi-3
£1,98003/250.13 mi-3
£72503/240.3 miAlfred Street, Penydarren, Merthyr Tydfil3
£72503/240.3 miAlfred Street, Penydarren, Merthyr Tydfil3
£75003/240.33 miDavies St, Dowlais, Merthyr Tydfil, CF48 3NR3
£77505/240.33 miDavies St, Dowlais, Merthyr Tydfil, CF48 3NR3
£85012/230.34 mi-3
£85012/230.34 mi-3
£79503/240.5 miHeol Rhyd Y Bedd, Pant3
£75003/240.51 miChurch Street, Penydarren, Merthyr Tydfil3

Local Area Statistics

Population in CF48

26,996

Population in Merthyr Tydfil

48,950

Town centre distance

1.67 miles away

Nearest school

0.20 miles away

Nearest train station

1.55 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Price changed to £100,000

November 7, 2024

Listed for £110,000

June 10, 2024

Floor Plans

Description

  • LARGER THAN AVERAGE MIDDLE TERRACED PROPERTY +
  • SITUATE IN SIDE STREET LOCATION +
  • CLOSE TO LOCAL AMENITIES +
  • 4 BEDROOMS +
  • 3 RECEPTION ROOMS +
  • OPPORTUNITY TO UP-GRADE AND IMPROVE +
  • COUNCIL TAX BAND B +
  • ENERGY RATING D +
  • NO ONWARD CHAIN +

Available for sale with no onward chain this larger than average terraced property, offering spacious
accommodation having 3 reception rooms with the potential to create a kitchen/diner with utility room. Upstairs to 4 bedrooms. The property does require upgrading and modernisation works; a project to renovate to your own specification. Would make a great Family home or investment.

Dowlais is a popular residential area with many local amenities close by, approximately 2 Miles to
Merthyr Town Centre.

(GROUND FLOOR)
ENTRANCE HALL
Hardwood entrance door, glass panelled internal door, carpeted floor, staircase to first floor.

LOUNGE 4m x 3.3m
Coving to ceiling, fitted gas fire.

LIVING ROOM 3.7m x 3m

DINING ROOM 3m x 2.9m
Fitted gas fire.

KITCHEN 3.5m x 1.2m
Various units, plumbing for washing machine, electric & gas for cooker. uPVC double glazed rear entrance door.

(FIRST FLOOR)
NUMBER 1 BEDROOM 3.6m x 2.6m

NUMBER 2 BEDROOM 3.3m x 3m

NUMBER 3 BEDROOM 2.9m x 1.9m

NUMBER 4 BEDROOM 2.6m x 2.1m

BATHROOM/WC. 2m x 1.9m
Coloured suite, shower over bath.

OUTSIDE
Rear garden, outbuilding/ shed, rear lane access.

SERVICES
All Main Services. Gas Central Heating. uPVC double glazing as fitted.
Note. Central heating, services & appliances should be confirmed upon viewing, these are not tested by this office.

TENURE
Advised Freehold

COUNCIL TAX BAND B

Agent Details

Derek B Phillips, Merthyr Tydfil

01685 701303

Next Steps?

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