4 Bed Terraced House, Refurb/BRRR, Pontypridd, CF37 1BD, £180,000

36 Broadway, Pontypridd, Rhondda Cynon Taff, CF37 1BD - 3 views - 6 months ago

Leasehold
Motivated
Refurb/BRRR
ROI: 5%
~129 m²
+8 photos

ValuationFair Value

Sold Prices£66K - £440K
Sold Prices/m²£695/m² - £3.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.4K/m²

Value Estimate

£180,000

 

 

End Value (After Refurb)

£201,489

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£52,378

Bridging Loan Interest

£4,725

Total Cash In

£110,453

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£201,489

Mortgage (After Refinance)

£151,117

Mortgage LTV

75%

Cash Released

£16,117

Cash Left In

£94,336

Equity

£50,372

Rent Range

£700 - £2,500

Rent Estimate

£1,433

Running Costs/mo

£936

Cashflow/mo

£497

Cashflow/yr

£5,961

ROI

5%

Gross Yield

10%

Local Sold Prices

39 sold prices from £66K to £440K, average is £190K. £695/m² to £3.1K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£190K01/230 mi57, Broadway, Pontypridd, Rhondda Cynon Taff CF37 1BD4
£112K01/230.09 mi150, Wood Road, Treforest, Pontypridd, Rhondda Cynon Taff CF37 1RG4
£260K01/210.14 miGolwg-y-cwm, St Michaels Avenue, Pontypridd, Rhondda Cynon Taff CF37 1NS4
£118K04/210.19 mi18, Stow Hill, Pontypridd, Rhondda Cynon Taff CF37 1RZ4
£66K10/210.19 mi23, Stow Hill, Pontypridd, Rhondda Cynon Taff CF37 1RZ4
£93K05/210.26 mi42, Wood Road, Pontypridd, Rhondda Cynon Taff CF37 1RH4
£130K01/230.3 mi9, Windsor Road, Treforest, Pontypridd, Rhondda Cynon Taff CF37 1BX4
£163.3K10/210.31 mi6, Park Crescent, Pontypridd, Rhondda Cynon Taff CF37 1RL4
£130K09/210.35 mi10, Graig Terrace, Graig, Pontypridd, Rhondda Cynon Taff CF37 1NH4
£123.4K12/200.36 mi40, Kingsland Terrace, Pontypridd, Rhondda Cynon Taff CF37 1RX4
£127K01/230.4 mi28, Kingsland Terrace, Pontypridd, Rhondda Cynon Taff CF37 1RX4
£295K06/210.46 mi5, Pencoed Avenue, Pontypridd, Rhondda Cynon Taff CF37 4AN4
£440K11/210.5 miThe Baileys, Glyntaff Road, Pontypridd, Rhondda Cynon Taff CF37 4AT4
£125K12/210.53 mi46, King Street, Pontypridd, Rhondda Cynon Taff CF37 1RR4
£300K11/210.56 mi3, Hilltop Crescent, Pontypridd, Rhondda Cynon Taff CF37 4AD4
£265K11/200.58 mi20, Ty Gwyn Road, Pontypridd, Rhondda Cynon Taff CF37 4AA4
£305K07/210.58 mi21, Ty Gwyn Road, Pontypridd, Rhondda Cynon Taff CF37 4AA4
£220K12/220.59 mi7, The Avenue, Pontypridd, Rhondda Cynon Taff CF37 4DF4
£150K01/230.62 mi5, Rees Terrace, Pontypridd, Rhondda Cynon Taff CF37 1SX4
£143.5K07/230.65 mi12, John Street, Treforest, Pontypridd, Rhondda Cynon Taff CF37 1SW4
£210K11/220.67 mi24, Newbridge Court, Trallwn, Pontypridd, Rhondda Cynon Taff CF37 4SG4
£154.9K11/210.71 mi57, Berw Road, Pontypridd, Rhondda Cynon Taff CF37 2AA4
£320K06/210.71 mi1, Clos Camlas, Trallwn, Pontypridd, Rhondda Cynon Taff CF37 4RX4
£163K12/200.72 mi7, Heath Terrace, Graigwen, Pontypridd, Rhondda Cynon Taff CF37 2LE4
£430K08/220.75 mi18, Graigwen Road, Pontypridd, Rhondda Cynon Taff CF37 2HY4
£112K09/210.77 mi22, Raymond Terrace, Pontypridd, Rhondda Cynon Taff CF37 1ST4
£197.5K05/210.78 mi7, Highfield Terrace, Graigwen, Pontypridd, Rhondda Cynon Taff CF37 2HP4
£152.5K03/210.8 mi188, Merthyr Road, Pontypridd, Rhondda Cynon Taff CF37 4DH4
£157K12/200.81 mi11, Lanwern Road, Pontypridd, Mid Glamorgan CF37 1EQ4
£238K01/230.84 mi10, Lanelay Crescent, Pontypridd, Rhondda Cynon Taff CF37 1JB4
£206K05/230.84 miLyndhurst, Maesycoed Road, Pontypridd, Rhondda Cynon Taff CF37 1HZ4
£230K08/210.84 mi4, Lanelay Crescent, Pontypridd, Rhondda Cynon Taff CF37 1JB4
£205K10/210.84 mi4, Mayfield Road, Pontypridd, Rhondda Cynon Taff CF37 2HE4
£354.9K09/220.86 mi18, Golygfar Eglwys, Pontypridd, Rhondda Cynon Taff CF37 1JL4
£180K06/230.92 mi85, Coedpenmaen Road, Pontypridd, Rhondda Cynon Taff CF37 4LR4
£295K03/230.92 mi43, Hillside View, Graigwen, Pontypridd, Rhondda Cynon Taff CF37 2LF4
£108K06/210.96 mi7, Oakwood Street, Treforest, Pontypridd, Rhondda Cynon Taff CF37 1TX4
£252.5K01/230.97 mi8, Whiterock Drive, Pontypridd, Rhondda Cynon Taff CF37 2HA4
£340K03/231 miWindways, Balmoral Close, Penycoedcae, Pontypridd, Rhondda Cynon Taff CF37 1XE4

Local Rents

50 rents from £700/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,46012/240.01 miBroadway, Treforest6
£2,00012/240.02 miBroadway, Treforest5
£1,65012/240.05 miBroadway, Pontypridd, Mid Glamorgan4
£1,60012/240.06 miSt Michael's Court, Wood Road, Treforest4
£1,30008/240.07 mi-5
£2,10012/240.07 miNiagara Street, Pontypridd5
£1,60012/240.07 miwood road, Treforest5
£77512/240.07 miWood Road, Treforest, Pontypridd3
£2,40012/240.09 miWood Road, Pontypridd6
£1,50012/240.09 miWood Road, Treforest5
£89502/250.09 mi-3
£99012/240.1 miCliff Terrace, Treforest3
£1,20012/240.11 miBroadway, Pontypridd4
£1,24012/240.11 miWood Road, Treforest4
£72512/240.11 mi-3
£1,25012/240.11 miBroadway, Pontypridd4
£70012/240.13 mi-3
£1,60012/240.13 miTower Street, Pontypridd5
£93012/240.14 miSt Michaels Avenue, Treforest3
£1,20012/240.15 miWood Road, Treforest4
£93012/240.16 miSt Michaels Avenue, Treforest3
£1,20012/240.18 miLaura Street, Treforest4
£1,30012/240.18 miLaura Street, Treforest4
£1,80012/240.19 miStow Hill, Treforest, Pontypridd, Pontypridd, Mid Glamorgan5
£1,35006/230.27 mi-3
£1,74512/240.28 miWindsor Road, Treforest, Pontypridd6
£2,10012/240.29 miKingsland Terrace, Treforest, Pontypridd6
£2,15012/240.29 miWood Road, Pontypridd, Mid Glamorgan5
£2,10012/240.29 miKingsland Terrace, Pontypridd, CF37 1RX6
£2,10012/240.29 miKingsland Terrace, Pontypridd, CF37 1RX5
£1,74012/240.3 miWood Road, Pontypridd, Mid Glamorgan4
£1,40012/240.32 miKingsland Terrace, Pontypridd4
£1,60012/240.32 miPark Crescent, Treforest5
£94512/240.33 miKingsland Terrace, Treforest3
£1,20012/240.34 miQueen Street, Treforest4
£1,24012/240.35 miQueen Street, Treforest4
£1,50012/240.36 miQueen Street, Treforest5
£2,50012/240.37 miHeathfield Villas, Treforest, Pontypridd, Mid Glamorgan6
£1,24012/240.38 miQueen Street, Treforest4
£1,45011/240.39 mi-4
£95012/240.4 miSaron Street, Treforest, Pontypridd3
£1,28012/240.4 miQueen Street, Treforest4
£1,17512/240.41 miQueen Street, Pontypridd, South Glamorgan, Rhondda Cynon Taff, CF374
£1,02012/240.42 miSaron Street, Treforest, Pontypridd3
£81503/250.42 mi-3
£1,25012/240.42 miQueen Street, Pontypridd4
£1,35012/240.43 miQueen Street, Pontypridd, Mid Glamorgan4
£1,40012/240.43 miQueen Street, Treforest4
£1,85010/240.44 mi-5
£1,24012/240.45 miQueen Street, Treforest4

Local Area Statistics

Population in CF37

38,309

Population in Pontypridd

61,397

Town centre distance

0.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+40%

Property History

Listed for £180,000

September 26, 2024

Sold for £78,000

2003

Floor Plans

Description

  • Council Tax Band C, Leasehold 999 Years from 2 February 1907 Ground Rent £1.90 p/a +
  • Versatile Accommodation over Four Storeys +
  • Could Benefit from some Modernisation +
  • Two Reception Rooms +
  • Four Bedrooms +
  • Shower Room, Bathroom and WC +
  • Kitchen and Utility Room +
  • Rear Garden +
  • Close to the A470 withg easy access into Cardiff +
  • Viewing Highly Advised +

Located in Pontypridd, this Terraced home is a must view! Offering four bedrooms and a garden, this home is ready to become your perfect family home.

This Terraced home is located in Pontypridd with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation on the Lower Ground Floor briefly comprises a welcoming entrance way, a spacious reception room. utility room and shower room.

The Ground Floor houses the second reception room and the kitchen.

To the first floor is an inviting landing area through to two well-proportioned bedrooms a WC and a bathroom.

There are two additional double bedrooms on the second floor.

Externally, the property benefits from a rear garden

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?

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