2 Bed Terraced House, Refurb/BRRR, CF46 6ND, £140,000

Commercial Street, Nelson, Treharris, CF46 6ND - 8 months ago

Refurb/BRRR
ROI: 2%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£76K - £245K
Sold Prices/m²£974/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£118,150

 

 

End Value (After Refurb)

£151,246

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Refurb Costs

£27,830

Bridging Loan Interest

£3,675

Total Cash In

£76,455

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£151,246

Mortgage (After Refinance)

£113,434

Mortgage LTV

75%

Cash Released

£8,434

Cash Left In

£68,021

Equity

£37,811

Rent Range

£495 - £900,208

Rent Estimate

£788

Running Costs/mo

£650

Cashflow/mo

£138

Cashflow/yr

£1,653

ROI

2%

Gross Yield

7%

Local Sold Prices

23 sold prices from £76K to £245K, average is £167K. £974/m² to £3.3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£139K08/210.06 mi35, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£167.5K06/230.06 mi35, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£155K03/210.06 mi18, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£125K12/200.15 mi8, Donald Street, Nelson, Treharris, Caerphilly CF46 6EB2
£76K06/210.16 mi16, Llwyn Yr Eos, Nelson, Treharris, Caerphilly CF46 6LG2
£145K12/220.16 mi16, Dynevor Terrace, Nelson, Treharris, Caerphilly CF46 6PD2
£160K03/210.18 mi73, High Street, Nelson, Treharris, Caerphilly CF46 6HA2
£140K11/200.19 mi2, Caerphilly Road, Nelson, Treharris, Caerphilly CF46 6NH2
£195K09/210.23 mi54, Tawel Fan, Nelson, Treharris, Caerphilly CF46 6EH2
£120K03/210.27 mi83, Heol Fawr, Nelson, Treharris, Caerphilly CF46 6NP2
£210K11/220.33 mi43, Lon Y Celyn, Nelson, Treharris, Caerphilly CF46 6HT2
£220K11/220.33 mi31, Heol Isaf, Nelson, Treharris, Caerphilly CF46 6NS2
£190K12/220.36 mi133, High Street, Nelson, Treharris, Caerphilly CF46 6HB2
£160K04/210.37 mi99b, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HL2
£165K02/210.39 mi10, Lon Y Llwyn, Nelson, Treharris, Caerphilly CF46 6HU2
£200K10/220.41 mi2, Beech Tree Way, Nelson, Treharris, Caerphilly CF46 6NU2
£152.5K01/230.48 mi13, Llwyncelyn Terrace, Nelson, Treharris, Caerphilly CF46 6HF2
£185K12/200.77 mi70, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PN2
£238.5K03/230.77 mi1, Pandy Cottages, Trelewis, Treharris, Merthyr Tydfil CF46 6BU2
£215K01/230.86 mi100, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PP2
£212K02/230.88 mi76, Ty Llwyd Parc, Quakers Yard, Treharris, Merthyr Tydfil CF46 5LB2
£245K03/210.89 miHighfields, Pentwyn Road, Treharris, Merthyr Tydfil CF46 5BS2
£167K04/210.9 mi7, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PJ2

Local Rents

50 rents from £495/mo to £900.2K/mo, average is £788/mo.

RentDateDistanceAddressBeds 
£2,50003/250.23 mi-3
£1,30010/240.31 mi-5
£1,80012/240.51 miHazeldene, Pentwyn Road, Nelson, Treharris4
£90012/240.67 miGelligaer Road, Trelewis, TREHARRIS3
£82501/240.72 mi-3
£60012/240.94 miTy Llwyd Parc Estate, Treharris2
£900,20811/230.97 miTy Llwyd Parc Estate, Quakers Yard, Treharris3
£67512/241.08 mi-2
£49511/231.16 miFirst Floor Flat C Dan-y-Twyn, Treharris1
£65012/241.21 mi-3
£60011/231.24 miLeigh Terrace, Quakers Yard Treharris3
£1,00003/251.26 mi-2
£1,00003/251.28 mi-2
£80012/241.29 mi-3
£80007/241.29 mi-3
£82504/251.29 mi-3
£80011/241.3 mi-3
£525,12111/231.3 miMillers Row, Treharris2
£75008/241.32 mi-3
£65012/241.33 mi-2
£75012/241.37 miFell Street, TREHARRIS3
£57511/231.37 miFell Street, Treharris, CF46 5HN3
£57511/231.37 miFell Street, Treharris, CF46 5HN3
£67512/241.4 mi-2
£85003/251.41 mi-3
£62512/241.44 mi-3
£57512/241.45 mi-2
£65012/241.49 miGelliwen Street, Penybryn, HENGOED1
£70012/241.52 miEvan Street, TREHARRIS3
£70003/251.53 mi-3
£625,14411/231.54 miMaen Gilfach, Trelewis, Treharris2
£75012/241.55 miPritchard Street, Treharris3
£90003/241.59 miKing Street, Abercynon, MOUNTAIN ASH3
£95012/241.64 miForest Grove, Edwardsville, Treharris, CF46 5NG2
£650,15011/231.7 miNant-Ddu Terrace, Edwardsville, Treharris3
£1,15012/241.77 miBuzzard Way, Penallta, Hengoed4
£59512/241.77 miThe Avenue, Edwardsville2
£50002/251.78 mi-2
£89512/241.79 miDragon Way, Penallta3
£72512/241.81 mi-3
£1,00012/241.92 miStation House , Nelson Road, Ystrad Mynach3
£55004/241.94 miYnysmeurig Road, Abercynon, Mountain Ash1
£1,00001/251.99 mi-3
£55012/242 miMargaret Street, Abercynon, MOUNTAIN ASH1
£65002/242.02 mi-3
£55003/242.03 miMargaret Street, Abercynon, MOUNTAIN ASH1
£77503/242.04 miGertrude Street, Abercynon, Mountain Ash3
£82503/242.05 miMountain Ash Road, Abercynon, Mountain Ash3
£80003/242.05 miHerbert Street, Abercynon, Mountain Ash3
£87505/242.08 mi-2

Local Area Statistics

Population in CF46

14,291

Nearest school

0.10 miles away

Nearest train station

1.82 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £140,000

December 3, 2024

Listed for £150,000

August 15, 2024

Floor Plans

Description

  • Council tax band C +
  • Detached cottage +
  • Situated in the popular village of Nelson +
  • No ongoing chain +
  • Potential to modernise +
  • Stacks of potential +

SUMMARY
A gorgeous detached cottage dating back to the 1850's, situated in the popular village of Nelson. Featuring two cozy bedrooms, a reception room, a naturally lit kitchen, and a beautiful garden, offers enormous potential for renovation.

DESCRIPTION
Welcome to this charming detached property that is just waiting for the right person to bring it back to its former glory. Yes, it needs a bit of love and renovation, but the potential here is enormous.

This home boasts two cozy bedrooms, a bathroom, as well as a reception room that is perfect for entertaining guests or spending a quiet evening in. The kitchen, blessed with plenty of natural light, is the heart of the home where you can cook up a storm or enjoy a leisurely breakfast.

Outside, the unique feature of this property is the beautiful garden. It's a blank canvas ready for you to put your green-thumb to work and create an outdoor oasis. There's also potential to make off road parking around the side.

The location is just as impressive as the property itself. With public transport links, local amenities, and schools nearby, it's all about convenience and easy living. Whether you're a family wanting to be close to schools or a couple seeking a peaceful retreat, this property is ideal.

So, if you're not afraid of a little elbow grease and are ready for a project, this could be the perfect property for you. The opportunity to transform this house into a dream home is right here and now.

Living/Dining Room 23' 2" x 16' ( 7.06m x 4.88m )

Kitchen 10' 9" x 9' ( 3.28m x 2.74m )

First Floor 

Bedroom 11' 8" x 11' 4" ( 3.56m x 3.45m )

Bedroom 10' 10" x 9' 1" ( 3.30m x 2.77m )

Bathroom 

Outside 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Caerphilly

029 2271 6468

Next Steps?

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