3 Bed Terraced House, Refurb/BRRR, CF46 6DU, £125,000

Shingrig Road, Nelson, CF46 6DU - 8 months ago

Sold STC
Refurb/BRRR
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£75K - £331K
Sold Prices/m²£1.1K/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£135,000

 

 

End Value (After Refurb)

£179,542

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£5,250

Refurb Costs

£38,000

Bridging Loan Interest

£3,281

Total Cash In

£79,531

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£179,542

Mortgage (After Refinance)

£134,656

Mortgage LTV

75%

Cash Released

£40,906

Cash Left In

£38,625

Equity

£44,885

Rent Range

£575 - £900,208

Rent Estimate

£725

Running Costs/mo

£726

Cashflow/mo

£-1

Cashflow/yr

£-13

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £331K, average is £170K. £1.1K/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£250K09/210.01 mi140, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DU3
£160K06/230.01 mi118, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DU3
£215K11/200.13 mi19, Lon Y Dderwen, Nelson, Treharris, Caerphilly CF46 6HS3
£190K06/210.14 mi40, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6EA3
£241.3K03/210.14 mi28, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6EA3
£210K07/230.17 mi19, Tawel Fan, Nelson, Treharris, Caerphilly CF46 6EH3
£123K02/230.17 mi15, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DY3
£157K11/200.17 mi43, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DY3
£162K11/220.24 mi19, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DY3
£240K12/200.26 mi1, Clos Cae Pwll, Nelson, Treharris, Caerphilly CF46 6LA3
£312K01/230.31 miCarisma, Bwl Road, Nelson, Treharris, Caerphilly CF46 6HD3
£184.9K04/210.33 mi10, Gelligaer Road, Trelewis, Treharris, Merthyr Tydfil CF46 6DN3
£118.5K12/220.34 mi50, High Street, Nelson, Treharris, Caerphilly CF46 6EU3
£129K05/210.36 mi5, Caiach Terrace, Trelewis, Treharris, Merthyr Tydfil CF46 6DH3
£118K04/210.38 mi12, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£149K04/210.38 mi1, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£105K06/210.38 mi29, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£120K11/200.38 mi50, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£170K04/230.38 mi1, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£155K05/230.38 mi50, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£215K11/220.38 mi25, High Close, Nelson, Treharris, Caerphilly CF46 6HJ3
£210K08/210.4 mi35, High Close, Nelson, Treharris, Mid Glamorgan CF46 6HJ3
£170K01/210.4 mi41, High Close, Nelson, Treharris, Mid Glamorgan CF46 6HJ3
£115K10/200.41 mi11, Tydfil Close, Trelewis, Treharris, Merthyr Tydfil CF46 6DW3
£100K08/220.41 mi76, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HN3
£137K08/210.45 mi2, Mackintosh Terrace, Trelewis, Treharris, Merthyr Tydfil CF46 6DA3
£130K03/210.45 mi80, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HN3
£101K01/210.45 mi46, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HN3
£75K12/200.45 mi37, Nantgwyn, Trelewis, Treharris, Merthyr Tydfil CF46 6DB3
£267.5K12/220.47 mi37, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£112.5K03/210.48 mi10, Dynevor Terrace, Nelson, Treharris, Caerphilly CF46 6PD3
£170K06/210.48 mi10, River Avenue, Trelewis, Treharris, Merthyr Tydfil CF46 6EF3
£135K10/220.49 mi3, Pandy View, Trelewis, Treharris, Merthyr Tydfil CF46 6DD3
£165K04/210.5 mi32, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£230K10/210.5 mi18, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£185K03/230.5 mi41, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£280K08/220.5 mi2, Cae'r Gelynnen, Nelson, Treharris, Caerphilly CF46 6BN3
£259.9K03/230.51 mi5, Ivy Close, Trelewis, Treharris, Merthyr Tydfil CF46 6ET3
£138K04/210.52 mi10, Caerphilly Road, Nelson, Treharris, Caerphilly CF46 6NH3
£210K06/210.52 miWestering, Llwyncelyn Terrace, Nelson, Treharris, Caerphilly CF46 6HF3
£220K09/210.52 mi3, Harris Court, Treharris, Merthyr Tydfil CF46 5LX3
£292.5K10/220.54 mi25, Cae Llwyndu, Nelson, Treharris, Caerphilly CF46 6HX3
£110K08/230.54 mi1, Springfield Terrace, Nelson, Treharris, Caerphilly CF46 6NN3
£155K06/210.54 mi61, Springfield Terrace, Nelson, Treharris, Caerphilly CF46 6NN3
£270K12/220.55 mi108, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PP3
£220K02/210.55 mi14, Shire Court, Quakers Yard, Treharris, Merthyr Tydfil CF46 5HJ3
£180K10/210.56 mi86, Heol Tasker, Nelson, Treharris, Caerphilly CF46 6JB3
£290.3K08/210.57 mi73, Ty Llwyd Parc Estate, Quakers Yard, Treharris, Merthyr Tydfil CF46 5LB3
£275K08/220.59 mi1, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PJ3
£331K11/220.6 mi26, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PL3

Local Rents

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

RentDateDistanceAddressBeds 
£2,50003/250.14 mi-3
£90012/240.33 miGelligaer Road, Trelewis, TREHARRIS3
£82501/240.4 mi-3
£900,20811/230.65 miTy Llwyd Parc Estate, Quakers Yard, Treharris3
£65012/240.87 mi-3
£80012/240.93 mi-3
£80007/240.93 mi-3
£80011/240.93 mi-3
£82504/250.93 mi-3
£75008/240.98 mi-3
£60011/230.99 miLeigh Terrace, Quakers Yard Treharris3
£75012/241 miFell Street, TREHARRIS3
£57511/231.01 miFell Street, Treharris, CF46 5HN3
£57511/231.01 miFell Street, Treharris, CF46 5HN3
£62512/241.13 mi-3
£70012/241.15 miEvan Street, TREHARRIS3
£75012/241.18 miPritchard Street, Treharris3

Local Area Statistics

Population in CF46

14,291

Nearest school

0.40 miles away

Nearest train station

1.54 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £125,000

December 12, 2024

Listed for £135,000

July 25, 2024

Description

SOLD, more like this needed Key Features:

Three Bedrooms:
Three well-sized bedrooms provide ample space for family living, guests or a home office.

Lounge:
A cozy lounge area that can be transformed into a comfortable space for relaxation and entertainment.

Dining Room:
The separate dining room offers a dedicated area for family meals and gatherings.

Kitchen:
A functional kitchen space ready for a complete makeover, allowing you to design a culinary haven to your specifications.

Downstairs WC:
Additional convenience with a downstairs WC for guests and daily use.

Bathroom:
The property includes a bathroom that offers the potential for modernisation and customisation.

Spacious Garden:
The generous garden provides plenty of space for outdoor activities, gardening and relaxation.

With the potential for off-road parking, it offers added convenience and value.

Full Renovation Required:
This home is ideal for those looking to invest in a property with the potential to add significant value through renovation and modernisation.

This three-bedroom terrace home presents a fantastic opportunity for investors, developers, or anyone eager to take on a renovation project.

With its spacious layout and great potential, you can create a personalised and modern living space that suits your needs and tastes.

The property also benefits from a new roof

Don’t miss the chance to transform this property into a beautiful home. Contact us today to arrange a viewing and explore the possibilities!

Agent Details

Watkins Estate Agents, Caerphilly

01443 809219

Next Steps?

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