2 Bed Terraced House, Motivated Seller, Merthyr Tydfil, CF47 9BD, £95,000

Birch Grove, Merthyr Tydfil, Mid Glamorgan, CF47 9BD - 10 months ago

Sold STC
Motivated
BTL
ROI: 8%
~66 m²
+4 photos

ValuationFair Value

Sold Prices£55K - £192K
Sold Prices/m²£767/m² - £2.9K/m²

 

 

Square Metres

~65.50 m²
Price/m²£1.4K/m²

Value Estimate

£94,866

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£550 - £795

Rent Estimate

£630

Running Costs/mo

£443

Cashflow/mo

£187

Cashflow/yr

£2,246

ROI

8%

Gross Yield

8%

Local Sold Prices

40 sold prices from £55K to £192K, average is £96.5K. £767/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£93K03/210.43 mi48, First Avenue, Merthyr Tydfil CF47 9UH2
£72K06/210.48 mi10, Elm Grove, Merthyr Tydfil CF47 9NW2
£74K04/210.51 mi29, Ninth Avenue, Merthyr Tydfil CF47 9TL2
£107.5K08/220.61 mi54, Mitchell Crescent, Merthyr Tydfil CF47 9JE2
£73K06/210.65 mi10, Maple Crescent, Trefechan, Merthyr Tydfil CF48 2EH2
£133K07/230.65 mi42, Maple Crescent, Trefechan, Merthyr Tydfil CF48 2EH2
£82K03/210.81 mi1, Tydfil Terrace, Merthyr Tydfil CF47 8SY2
£81K06/210.81 mi7, Tydfil Terrace, Merthyr Tydfil CF47 8SY2
£192K01/230.81 mi7, Llewellyn Street, Merthyr Tydfil CF47 8SR2
£135K02/230.82 mi7, Lloyds Terrace, Penydarren, Merthyr Tydfil CF47 9HT2
£130K07/230.83 mi20, Bishops Grove, Merthyr Tydfil CF47 9LJ2
£111K04/230.84 mi13, Grawen Terrace, Merthyr Tydfil CF47 8TH2
£89K11/200.84 mi20, Grawen Terrace, Merthyr Tydfil CF47 8TH2
£72.5K04/210.84 mi7, Miles Street, Merthyr Tydfil CF47 8TB2
£70K11/200.85 mi6, Mount Street, Merthyr Tydfil CF47 8TN2
£100K07/210.85 mi15, Holford Street, Cefn Coed, Merthyr Tydfil CF48 2RN2
£65K11/200.86 mi10, Caerhendy Street, Merthyr Tydfil CF47 9NJ2
£147.5K01/230.86 mi20, Heritage Court, Merthyr Tydfil CF47 9AQ2
£105K04/210.86 mi12, Dane Street, Merthyr Tydfil CF47 8SF2
£70K08/230.87 mi15, Greenfield Terrace, Penydarren, Merthyr Tydfil CF47 9HN2
£150K05/230.88 mi24a, Sweet Water Park, Trefechan, Merthyr Tydfil CF48 2LF2
£69K06/210.88 mi5, Council Street, Merthyr Tydfil CF47 9DJ2
£110K06/230.89 mi23, Church Street, Penydarren, Merthyr Tydfil CF47 9HS2
£90K03/210.89 mi13, Church Street, Penydarren, Merthyr Tydfil CF47 9HS2
£88K03/210.89 mi4, Church Street, Penydarren, Merthyr Tydfil CF47 9HS2
£90K09/230.89 mi18, Church Street, Penydarren, Merthyr Tydfil CF47 9HS2
£122.5K11/210.9 mi27, Stuart Street, Merthyr Tydfil CF47 8SA2
£85K02/230.92 mi45, Church Street, Penydarren, Merthyr Tydfil CF47 9HR2
£185K10/210.94 mi2, Penydarren Park, Merthyr Tydfil CF47 8YW2
£86K12/200.94 mi31, North Street, Penydarren, Merthyr Tydfil CF47 9HW2
£128K06/230.94 mi30, North Street, Penydarren, Merthyr Tydfil CF47 9HW2
£118K06/230.94 mi5, North Street, Penydarren, Merthyr Tydfil CF47 9HW2
£110K03/230.94 mi38, North Street, Penydarren, Merthyr Tydfil CF47 9HW2
£70K06/210.95 mi13, Brychan Place, Merthyr Tydfil CF47 8NW2
£55K03/210.96 mi65, Brecon Road, Merthyr Tydfil CF47 8NN2
£100K05/230.97 mi44, Balaclava Road, Dowlais, Merthyr Tydfil CF48 3BS2
£120K07/230.97 mi35, Balaclava Road, Dowlais, Merthyr Tydfil CF48 3BS2
£91K06/210.97 mi23, Heol Rhyd Y Bedd, Pant, Merthyr Tydfil CF48 2DR2
£132.5K11/200.97 mi10, Heol Rhyd Y Bedd, Pant, Merthyr Tydfil CF48 2DR2
£120K12/220.99 mi102, Trevethick Street, Merthyr Tydfil CF47 0HX2

Local Rents

21 rents from £550/mo to £795/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£67503/240.29 miMerthyr tydfil2
£72504/240.3 miForsythia Close, Gurnos, Merthyr Tydfil2
£65002/240.83 mi-2
£65003/240.83 mi-2
£69503/240.83 miBrynglas Street, Penydarren, Merthyr Tydfil 2
£70001/250.86 mi-2
£64507/230.94 mi-2
£62002/250.94 mi-2
£62506/230.94 mi-2
£70003/240.94 miNorth Street, Penydarren, Merthyr Tydfil2
£79503/240.98 miTrevethick Street, Merthyr tydfil2
£65006/230.98 mi-2
£72507/241.02 mi-2
£69505/241.02 miYew Tree Cottages, Cefn Coed, Merthyr Tydfil, CF482
£72505/241.02 miYew Tree Cottages, Cefn Coed, Merthyr Tydfil, CF482
£65004/251.06 mi-2
£65012/241.08 mi-2
£55003/241.1 miMoriah Street, Merthyr Tydfil2
£65005/241.11 miBevan Place, Bethesda St, Georgetown2
£60003/241.12 miLlewellyn Street, Dowlais2
£67505/241.15 miAbermorlais Terrace, MERTHYR TYDFIL2

Local Area Statistics

Population in CF47

21,952

Population in Merthyr Tydfil

48,950

Town centre distance

2.03 miles away

Nearest school

0.20 miles away

Nearest train station

1.43 miles away

 

 

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+48%

Property History

Listed for £95,000

June 13, 2024

Floor Plans

Description

  • Council Tax band A, Freehold +
  • In need of your own personal touch +
  • Fitted Kitchen/Diner +
  • Short Walk to Goetre Primary School +
  • Three piece Bathroom +
  • Two well proportioned Bedrooms +
  • Double Glazing & Central Heating +
  • Off Road Parking Available +
  • Excellent transport links & Close to local Amenities +
  • Viewing Advised +

This terrace house that's been recently refurbished and is ready for your own personal touch. Located in Mid Glamorgan, it boasts two bedrooms and a fitted kitchen. Early Viewing Advised to not miss out!!

This terraced home is located in the town of Merthyr Tydfil of Mid Glamorgan with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more.

The area also offers excellent road connections with the A465 and A470 just a short drive away and transport links for travel both locally and further afield.

The accommodation briefly comprises an entrance way, a spacious living room and a fitted kitchen/diner.

To the first floor is an inviting landing area through to two well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from a rear yard, a front garden, and on street parking is available.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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