2 Bed Flat, Single Let, Aberdare, CF44 7BN, £74,995

211C Dean Street, Aberdare, CF44 7BN - 7 months ago

Leasehold
BTL
ROI: 12%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£45K - £110K
Sold Prices/m²£772/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£92,527
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,749

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,699

 

 

Cash Out

 

Rent Range

£600 - £730

Rent Estimate

£623

Running Costs/mo

£379

Cashflow/mo

£244

Cashflow/yr

£2,928

ROI

12%

Gross Yield

10%

Local Sold Prices

11 sold prices from £45K to £110K, average is £75K. £772/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£54K03/220.4 mi83, Ty Fry, Aberdare, Rhondda Cynon Taff CF44 7PW2
£95K04/220.49 mi4, Giles Court, Aberdare, Rhondda Cynon Taff CF44 8EE2
£110K02/231.08 mi19, Tir Founder Fields, Aberdare, Rhondda Cynon Taff CF44 0DS2
£55K03/211.33 mi13, Maesmelyn, Aberdare, Rhondda Cynon Taff CF44 8RF2
£63K04/221.33 mi13, Maesmelyn, Aberdare, Rhondda Cynon Taff CF44 8RF2
£75K11/211.47 mi31, Heol Y Twyn, Aberdare, Rhondda Cynon Taff CF44 8TF2
£75K11/211.47 mi31, Heol Y Twyn, Aberdare, Rhondda Cynon Taff CF44 8TF2
£58.5K04/221.78 mi161, Heol Keir Hardie, Aberdare, Rhondda Cynon Taff CF44 9AN2
£45K05/211.82 mi25, Heol Y Twyn, Aberdare, Rhondda Cynon Taff CF44 8TF2
£92K03/211.82 mi21, Wordsworth Street, Cwmaman, Aberdare, Rhondda Cynon Taff CF44 6HL2
£92K03/211.84 mi21, Wordsworth Street, Cwmaman, Aberdare, Rhondda Cynon Taff CF44 6HL2

Local Rents

14 rents from £600/mo to £730/mo, average is £673/mo.

RentDateDistanceAddressBeds 
£62010/230.03 mi-2
£67009/240.12 mi-2
£67502/250.16 mi-2
£67512/240.21 mi-2
£67511/240.21 mi-2
£62512/240.24 mi-2
£65002/250.24 mi-2
£67007/240.35 mi-2
£73012/240.41 mi-2
£60012/240.44 miThomas Street, Robertstown2
£69505/230.51 mi-2
£69512/240.51 mi-2
£69512/240.51 miCardiff Road, Aberdare, CF442
£65012/240.57 mi-2

Local Area Statistics

Population in CF44

39,183

Town centre distance

2 miles away

Nearest school

0.20 miles away

Nearest train station

0.08 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £74,995

August 14, 2024

Description

**NO ONWARD CHAIN
**SPACIOUS 2 BEDROOM FIRST FLOOR FLAT
**PERFECT BUY TO LET INVESTMENT
**WELL PRESENTED MODERN APARTMENT SITUATED IN THE CENTRE OF ABERDARE TOWN
**COMMUNAL REAR GARDEN
**ENTRANCE HALL. WALK-IN STORAGE CUPBOARD. BATHROOM. 2 GOOD SIZE BEDROOMS
**LARGE OPEN PLAN LOUNGE/DINER AND KITCHEN
**UPVC DOUBLE GLAZED WINDOWS AND COMBI GAS CENTRAL HEATING (REPLACED IN 2023)
** TENURE IS LEASEHOLD 999 YEARS FROM 1985 SERVICE CHARGE IS £50.00 PER MONTH

Entrance Hall - Radiator. Doors to all principle rooms

Walk-In Storage Cupboard/Wardrobe - Wall mounted gas boiler serving hot water and heating system.

Lounge/Diner/Fitted Kitchen - 7.01m x 3.18m (23' x 10'5) - Upvc double glazed window to front aspect. two radiators. with a range of wall and base units incorporating stainless steel sink unit, gas hob and electric oven.

Bathroom - 1.98m x 1.68m (6'6 x 5'6) - With modern suite comprising bath, wash hand basin and w.c., shower over bath with shower screen. Radiator.

Bedroom 1 - 4.14m x 2.77m (13'7 x 9'1) - Good size double bedroom with radiator. Upvc double glazed window to front aspect.

Bedroom 2 - Upvc double glazed window to front aspect. Radiator.

Tenure - Leasehold 999 years from 1985 with a service charge of £50.00 per calendar month.

Disclaimer - N.B Whilst these particulars are intended to give a fair description of the property concerned, their accuracy is not guaranteed and any intending purchaser must satisfy himself by inspection or otherwise, as to the correctness of statements contained herein.

The particulars do not constitute an offer or contract, and statements herein are made without responsibility, or warranty on the part of the Vendor or Manning Estate Agents, neither of whom can hold themselves responsible for expenses incurred should the property no longer be available. Items shown in photographs are NOT included unless specifically mentioned in particulars. They may however be available by separate negotiation.

The Property Misdescription Act 1991

The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of the property are based on information supplied by the seller. The Agent has not sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website

Agent Details

Manning Estate Agents, Aberdare

01685 708683

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