3 Bed Semi-Detached House, Refurb/BRRR, Pontypridd, CF37 3DD, £130,000

122 Porcher Avenue, Pontypridd, Rhondda Cynon Taff, CF37 3DD - 11 views - 6 months ago

Refurb/BRRR
ROI: 4%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£79K - £275K
Sold Prices/m²£842/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£133,900
BMV3%

 

 

End Value (After Refurb)

£162,214

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£37,686

Bridging Loan Interest

£3,413

Total Cash In

£80,448

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£162,214

Mortgage (After Refinance)

£121,660

Mortgage LTV

75%

Cash Released

£24,160

Cash Left In

£56,288

Equity

£40,553

Rent Range

£700 - £950

Rent Estimate

£988

Running Costs/mo

£725

Cashflow/mo

£263

Cashflow/yr

£3,162

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £79K to £275K, average is £141K. £842/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£125K02/230 mi120, Porcher Avenue, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3DD3
£145K01/230.08 mi47, Garth Avenue, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3AA3
£90K03/210.12 mi17, Gardner Close, Pontypridd, Rhondda Cynon Taff CF37 3AY3
£80K08/230.14 mi18, Clydach Close, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3DA3
£87K12/200.14 mi17, Clydach Close, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3DA3
£142K07/230.16 mi91, Cefn Lane, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3BS3
£132K10/210.17 mi25, Grovers Close, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3DF3
£118K06/210.2 mi32, Cefn Lane, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3BP3
£85K04/230.21 mi300, Garth Avenue, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3AF3
£207K06/230.25 mi9, Elmgrove Close, Pontypridd, Rhondda Cynon Taff CF37 3AN3
£148K02/210.25 mi9, Elmgrove Close, Pontypridd, Rhondda Cynon Taff CF37 3AN3
£241.5K03/230.29 mi14, Glas Cwm, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3DG3
£140K10/200.3 mi16, Bryn Awel, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3DH3
£152.5K01/210.33 mi28, Heol Pen Y Foel, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3DJ3
£275K12/220.33 mi21, Heol Pen Y Foel, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3DJ3
£150K04/210.38 mi8, Llys Coed, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JB3
£175K10/200.39 mi21, Plas Y Fedwen, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3EX3
£256K01/230.42 mi5, Heol Celynen, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3DQ3
£245K11/200.43 mi2, Bryn Aur, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JE3
£140K04/210.44 mi23, Ger Yr Afon, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JD3
£154.9K02/210.51 mi23, Hafan Heulog, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JJ3
£157K06/210.52 mi5, Nant Y Mynydd, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JH3
£150K11/200.52 mi47, Nant Y Mynydd, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JH3
£160K12/200.53 mi32, Nant Y Mynydd, Coed Y Cwm, Pontypridd, Mid Glamorgan CF37 3JH3
£220K01/230.54 mi8, Heol Pen Y Parc, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JL3
£126K11/200.59 mi110, Cilfynydd Road, Pontypridd, Rhondda Cynon Taff CF37 4NF3
£79K01/230.6 mi2, Bedw Road, Pontypridd, Rhondda Cynon Taff CF37 4NU3
£92.5K08/210.63 mi29, Cilfynydd Road, Pontypridd, Rhondda Cynon Taff CF37 4NL3
£150K02/230.65 mi25, Ann Street, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4EN3
£117K12/200.65 mi13, Ann Street, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4EN3
£122.5K12/200.65 mi25, Ann Street, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4EN3
£140K12/220.66 mi23, Richard Street, Pontypridd, Rhondda Cynon Taff CF37 4NP3
£132.9K03/210.68 mi48, William Street, Pontypridd, Rhondda Cynon Taff CF37 4EH3
£125K05/210.69 mi24, William Street, Pontypridd, Rhondda Cynon Taff CF37 4EG3
£90K07/210.69 mi35, William Street, Pontypridd, Rhondda Cynon Taff CF37 4EG3
£120K03/210.69 mi55, Wood Street, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4EY3
£165K10/210.7 mi29, Oakland Terrace, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4HB3
£122K12/200.7 mi46, Oakland Terrace, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4HB3
£105K11/200.73 mi125, Berw Road, Pontypridd, Rhondda Cynon Taff CF37 2AB3
£127.5K03/210.73 mi41, Mary Street, Pontypridd, Caerphilly CF37 4ER3
£159.9K03/230.73 mi31, Mary Street, Pontypridd, Rhondda Cynon Taff CF37 4ER3
£115K04/210.74 mi108, Pontshonnorton Road, Pontypridd, Rhondda Cynon Taff CF37 4ND3
£143.5K07/230.74 mi97, Pontshonnorton Road, Pontypridd, Rhondda Cynon Taff CF37 4ND3
£189.9K08/230.76 mi4, Bryn Derwen Road, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4EU3
£119K02/210.76 mi94, Coedpenmaen Road, Pontypridd, Rhondda Cynon Taff CF37 4LR3
£150K03/230.77 mi66, Bonvilston Road, Pontypridd, Rhondda Cynon Taff CF37 4RE3
£117K04/230.77 mi50, Bonvilston Road, Pontypridd, Rhondda Cynon Taff CF37 4RE3
£142K04/230.85 mi140, Bonvilston Road, Pontypridd, Rhondda Cynon Taff CF37 4RD3
£175K06/230.85 mi23, Bonvilston Road, Pontypridd, Rhondda Cynon Taff CF37 4RD3
£142K03/230.85 mi10, Bonvilston Road, Pontypridd, Rhondda Cynon Taff CF37 4RD3

Local Rents

10 rents from £700/mo to £950/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£95009/240.12 mi-3
£95009/230.22 mi-3
£95012/240.3 miWestfield Road, Glyncoch, Pontypridd3
£79512/240.58 mi-3
£90012/240.69 miWilliam Street, PONTYPRIDD3
£70005/230.75 mi-3
£75012/240.84 miThurston Road3
£84503/250.96 mi-3
£73012/241.05 mi-3
£82512/241.24 mi-3

Local Area Statistics

Population in CF37

38,309

Population in Pontypridd

61,397

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

1.56 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+40%

Property History

Listed for £130,000

October 15, 2024

Sold for £55,000

2005

Floor Plans

Description

  • Three Bedrooms +
  • Chain Free +
  • Updating Needed +
  • Spacious Kitchen/Diner +
  • Ground Floor W/C +
  • Side Access +
  • Local Amenities +
  • Driveway Parking To Front +
  • Semi Detached House +

This charming 3-bedroom semi-detached house is brimming with potential and just waiting for your creative touch. Nestled in a peaceful neighborhood, this property is ideal for families or anyone looking to invest in a home that needs a little TLC.

Step inside to find a welcoming living room that leads seamlessly into a spacious kitchen/diner—perfect for entertaining or family meals. The ground floor also features a convenient utility room and a WC, making daily life a breeze. Upstairs, you’ll discover three bedrooms, including two generous doubles, offering ample space for rest and relaxation. A family bathroom completes this floor, catering to all your needs.

The large rear garden is currently overgrown and in need of full landscaping, presenting a blank canvas for landscaping enthusiasts to create their ideal outdoor retreat. With driveway parking to the front and being chain-free, this property is an exceptional opportunity for those looking to create their dream home.

Don’t let this chance pass you by! Contact us today to arrange a viewing and explore how you can transform this Glyncoch property into your perfect sanctuary. Your dream home is just a decision away!

Agent Details

Darlows, Pontypridd

01443 706647

Next Steps?

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