dealsourcr

2 Bed Flat, Refurb/BRRR, Pontypridd, CF37 4AY, £140,000

Graig-Yr-Helfa Road, Pontypridd, CF37 4AY - 9 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 4%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£86.5K - £137.5K
Sold Prices/m²£1.2K/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£134,000

 

 

End Value (After Refurb)

£119,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Refurb Costs

£27,600

Bridging Loan Interest

£3,675

Total Cash In

£73,425

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£119,500

Mortgage (After Refinance)

£89,625

Mortgage LTV

75%

Cash Left In

£73,425

Equity

£29,875

Rent Range

£650 - £895

Rent Estimate

£778

Running Costs/mo

£549

Cashflow/mo

£229

Cashflow/yr

£2,748

ROI

4%

Gross Yield

7%

Local Sold Prices

21 sold prices from £86.5K to £137.5K, average is £115K. £1.2K/m² to £2.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£120K06/220.87 miFlat 11, Pavia Court, Graigwen Road, Pontypridd, Rhondda Cynon Taff CF37 2TW2
£90K10/220.97 miFlat 4, Chandlers Court, East Street, Pontypridd, Rhondda Cynon Taff CF37 4PJ2
£105K11/201.06 miFlat 18, Pavia Court, Graigwen Road, Pontypridd, Rhondda Cynon Taff CF37 2TW2
£122.7K02/231.06 miFlat 31, Pavia Court, Graigwen Road, Pontypridd, Rhondda Cynon Taff CF37 2TW2
£105K11/201.06 miFlat 18, Pavia Court, Graigwen Road, Pontypridd, Rhondda Cynon Taff CF37 2TW2
£130K12/211.06 miFlat 21, Pavia Court, Graigwen Road, Pontypridd, Rhondda Cynon Taff CF37 2TW2
£87K05/211.8 mi52, The Garth, Abertridwr, Caerphilly CF83 4ES2
£86.5K07/231.8 mi51, The Garth, Abertridwr, Caerphilly CF83 4ES2
£110K07/232.04 miFlat 17, Llys Celyn, Cedar Crescent, Tonteg, Pontypridd, Rhondda Cynon Taff CF38 1LF2
£118K05/222.04 miFlat 8, Llys Celyn, Cedar Crescent, Tonteg, Pontypridd, Rhondda Cynon Taff CF38 1LF2
£128K11/222.18 mi25, Meadow Hill, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1RX2
£116K05/222.18 mi31, Meadow Hill, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1RX2
£115K04/222.18 mi29, Meadow Hill, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1RX2
£104K09/212.19 mi22, Fleming Walk, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1GF2
£108K03/212.19 mi18, Fleming Walk, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1GF2
£104K09/212.19 mi22, Fleming Walk, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1GF2
£115K09/222.19 mi12, Fleming Walk, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1GF2
£137.5K07/232.19 mi23, Fleming Walk, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1GF2
£120K03/222.19 mi20, Fleming Walk, Church Village, Pontypridd, Rhondda Cynon Taff CF38 1GF2
£126K05/212.44 mi22b, Parc Y Bryn, Llantwit Fardre, Pontypridd, Rhondda Cynon Taff CF38 2ED2
£126K05/212.45 mi22b, Parc Y Bryn, Llantwit Fardre, Pontypridd, Rhondda Cynon Taff CF38 2ED2

Local Rents

18 rents from £650/mo to £895/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£80012/240.25 miGraig Yr Helfa Road, Pontypridd, 2
£72012/240.29 miWood Road, Treforest2
£81512/240.3 miPark Street, Pontypridd2
£87512/240.44 miOxford Street, Pontypridd, Mid Glamorgan2
£65012/240.45 miBroadway Rhondda Cynon Taff2
£89512/240.53 miWood Road, Treforest, Pontypridd2
£70012/240.63 miZero Mitchel Terrace 2
£75012/240.86 miMadoc Street, Pontypridd, 2
£83512/240.87 miImperial Gate, Pontypridd, 2
£89512/240.88 miBridge Street, Pontypridd2
£75012/240.89 miRickard Terrace, Pontypridd, 2
£75012/240.89 miRickard Terrace, Pontypridd, 2
£72502/250.9 mi-2
£85011/230.98 mi-2
£77508/241.03 mi-2
£67512/241.06 mi-2
£85012/241.06 mi-2
£70008/241.14 mi-2

Links

Local Area Statistics

Population in CF37

38,309

Population in Pontypridd

61,397

Town centre distance

1.10 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+40%

Property History

Listed for £140,000

July 2, 2024

Floor Plans

Description

  • Ground Floor Flat +
  • Chain Free +
  • Two Bedrooms +
  • Near South Wales University +
  • Close To Train Station +
  • Garage +
  • Driveway Parking +
  • Shower Room +

Discover this charming 2-bedroom ground floor flat, a perfect blend of comfort and convenience. Located in a desirable neighborhood of Glyntaff, this property offers a fresh start with newly fitted carpets and a complete redecoration throughout.

Imagine coming home to a space that feels brand new, where every detail has been thoughtfully updated for your comfort. Enjoy the ease of chain-free buying, saving you time and stress. With a single garage and a private front garden, this flat provides both practical and recreational benefits.

Whether you're a first-time buyer looking for a cozy starter home or an investor seeking a lucrative buy-to-let opportunity, this property ticks all the boxes. The stylish interiors makes it move-in ready, with just the shower-room in need of updating, while the outdoor space is perfect for relaxing or entertaining.

Don't miss out on this exceptional opportunity. Contact us today to arrange a viewing and make this beautiful flat your new home or investment. Act quickly – a gem like this won't stay on the market for long!

Agent Details

Darlows, Pontypridd

01443 706647

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

4 Bed House, Refurb/BRRR, Pontypridd, CF37 1BX

£120,000

13 views • 7 months ago • 129 m²

4 Bed House, Refurb/BRRR, Pontypridd, CF37 1BX

£120,000

10 views • 7 months ago • 129 m²

3 Bed House, Refurb/BRRR, Pontypridd, CF37 1BS

£110,000

3 views • 20 days ago • 93 m²

3 Bed House, Refurb/BRRR, Pontypridd, CF37 1SL

£120,000

1 views • 20 days ago • 93 m²

dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
Refer a friend. Get £140!My Account