3 Bed Terraced House, Refurb/BRRR, CF46 6NG, £120,000

Thomas Street, Nelson, Treharris, CF46 6NG - 6 months ago

Sold STC
Leasehold
Refurb/BRRR
~93 m²
+11 photos

ValuationFair Value

Sold Prices£75K - £321K
Sold Prices/m²£931/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£121,200

 

 

End Value (After Refurb)

£203,028

Uplift in Value

+69%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£38,000

Bridging Loan Interest

£3,150

Total Cash In

£80,100

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£203,028

Agent Fees (1%)

£2,030

Bridging Loan

£90,000

Bridging Loan Interest

£3,150

Flip Profit

£30,898

Local Sold Prices

50 sold prices from £75K to £321K, average is £170K. £931/m² to £3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£138K04/210.09 mi10, Caerphilly Road, Nelson, Treharris, Caerphilly CF46 6NH3
£110K08/230.11 mi1, Springfield Terrace, Nelson, Treharris, Caerphilly CF46 6NN3
£155K06/210.11 mi61, Springfield Terrace, Nelson, Treharris, Caerphilly CF46 6NN3
£112.5K03/210.12 mi10, Dynevor Terrace, Nelson, Treharris, Caerphilly CF46 6PD3
£215K11/220.14 mi25, High Close, Nelson, Treharris, Caerphilly CF46 6HJ3
£210K08/210.17 mi35, High Close, Nelson, Treharris, Mid Glamorgan CF46 6HJ3
£170K01/210.17 mi41, High Close, Nelson, Treharris, Mid Glamorgan CF46 6HJ3
£118.5K12/220.17 mi50, High Street, Nelson, Treharris, Caerphilly CF46 6EU3
£162K11/220.2 mi19, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DY3
£270K08/210.22 miBrynawel, Heol Fawr, Nelson, Treharris, Rhondda Cynon Taff CF46 6NP3
£280K08/220.26 mi2, Cae'r Gelynnen, Nelson, Treharris, Caerphilly CF46 6BN3
£204K03/210.26 mi6, Heol Isaf, Nelson, Treharris, Caerphilly CF46 6NS3
£78K10/220.26 mi8, Heol Isaf, Nelson, Treharris, Caerphilly CF46 6NS3
£245K09/220.26 mi15, Heol Isaf, Nelson, Treharris, Caerphilly CF46 6NS3
£123K02/230.26 mi15, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DY3
£157K11/200.26 mi43, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DY3
£210K07/230.28 mi19, Tawel Fan, Nelson, Treharris, Caerphilly CF46 6EH3
£245K09/220.29 mi25, Heol Uchaf, Nelson, Treharris, Caerphilly CF46 6NT3
£321K10/220.29 miBrynhyfryd House, Heol Fawr, Nelson, Treharris, Caerphilly CF46 6NP3
£190K06/210.3 mi40, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6EA3
£241.3K03/210.3 mi28, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6EA3
£182K11/200.3 mi12, Heol Uchaf, Nelson, Treharris, Caerphilly CF46 6NT3
£100K08/220.32 mi76, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HN3
£292.5K10/220.32 mi25, Cae Llwyndu, Nelson, Treharris, Caerphilly CF46 6HX3
£267.5K12/220.4 mi37, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£130K03/210.41 mi80, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HN3
£101K01/210.41 mi46, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HN3
£165K04/210.42 mi32, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£230K10/210.42 mi18, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£185K03/230.42 mi41, Ffos Y Cerridden, Nelson, Treharris, Caerphilly CF46 6HQ3
£250K09/210.44 mi140, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DU3
£160K06/230.44 mi118, Shingrig Road, Nelson, Treharris, Caerphilly CF46 6DU3
£215K11/200.46 mi19, Lon Y Dderwen, Nelson, Treharris, Caerphilly CF46 6HS3
£240K12/200.47 mi1, Clos Cae Pwll, Nelson, Treharris, Caerphilly CF46 6LA3
£180K10/210.47 mi86, Heol Tasker, Nelson, Treharris, Caerphilly CF46 6JB3
£312K01/230.49 miCarisma, Bwl Road, Nelson, Treharris, Caerphilly CF46 6HD3
£210K06/210.56 miWestering, Llwyncelyn Terrace, Nelson, Treharris, Caerphilly CF46 6HF3
£184.9K04/210.72 mi10, Gelligaer Road, Trelewis, Treharris, Merthyr Tydfil CF46 6DN3
£115K10/200.77 mi11, Tydfil Close, Trelewis, Treharris, Merthyr Tydfil CF46 6DW3
£129K05/210.78 mi5, Caiach Terrace, Trelewis, Treharris, Merthyr Tydfil CF46 6DH3
£118K04/210.79 mi12, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£149K04/210.79 mi1, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£105K06/210.79 mi29, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£120K11/200.79 mi50, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£170K04/230.79 mi1, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£155K05/230.79 mi50, West View Crescent, Trelewis, Treharris, Merthyr Tydfil CF46 6DE3
£170K06/210.84 mi10, River Avenue, Trelewis, Treharris, Merthyr Tydfil CF46 6EF3
£75K12/200.85 mi37, Nantgwyn, Trelewis, Treharris, Merthyr Tydfil CF46 6DB3
£259.9K03/230.87 mi5, Ivy Close, Trelewis, Treharris, Merthyr Tydfil CF46 6ET3
£137K08/210.87 mi2, Mackintosh Terrace, Trelewis, Treharris, Merthyr Tydfil CF46 6DA3

Local Rents

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

RentDateDistanceAddressBeds 
£2,50003/250.3 mi-3
£1,30010/240.33 mi-5
£1,80012/240.57 miHazeldene, Pentwyn Road, Nelson, Treharris4
£90012/240.72 miGelligaer Road, Trelewis, TREHARRIS3
£82501/240.76 mi-3
£60012/241.01 miTy Llwyd Parc Estate, Treharris2
£900,20811/231.05 miTy Llwyd Parc Estate, Quakers Yard, Treharris3
£67512/241.15 mi-2
£49511/231.24 miFirst Floor Flat C Dan-y-Twyn, Treharris1
£65012/241.29 mi-3
£60011/231.31 miLeigh Terrace, Quakers Yard Treharris3
£1,00003/251.33 mi-2
£1,00003/251.35 mi-2
£80012/241.35 mi-3
£80007/241.35 mi-3
£82504/251.35 mi-3
£85003/251.35 mi-3
£80011/241.36 mi-3
£525,12111/231.37 miMillers Row, Treharris2
£75008/241.39 mi-3
£65012/241.39 mi-2
£75012/241.44 miFell Street, TREHARRIS3
£57511/231.44 miFell Street, Treharris, CF46 5HN3
£57511/231.44 miFell Street, Treharris, CF46 5HN3
£65012/241.44 miGelliwen Street, Penybryn, HENGOED1
£67512/241.48 mi-2
£70003/251.48 mi-3
£57512/241.52 mi-2
£62512/241.52 mi-3
£70012/241.58 miEvan Street, TREHARRIS3
£625,14411/231.59 miMaen Gilfach, Trelewis, Treharris2
£75012/241.61 miPritchard Street, Treharris3
£90003/241.66 miKing Street, Abercynon, MOUNTAIN ASH3
£1,15012/241.7 miBuzzard Way, Penallta, Hengoed4
£95012/241.72 miForest Grove, Edwardsville, Treharris, CF46 5NG2
£89512/241.72 miDragon Way, Penallta3
£650,15011/231.78 miNant-Ddu Terrace, Edwardsville, Treharris3
£1,00012/241.84 miStation House , Nelson Road, Ystrad Mynach3
£59512/241.85 miThe Avenue, Edwardsville2
£50002/251.85 mi-2
£72512/241.88 mi-3
£1,00001/251.92 mi-3
£87505/242 mi-2
£55004/242 miYnysmeurig Road, Abercynon, Mountain Ash1
£55012/242.06 miMargaret Street, Abercynon, MOUNTAIN ASH1
£65002/242.08 mi-3
£55003/242.1 miMargaret Street, Abercynon, MOUNTAIN ASH1
£77503/242.1 miGertrude Street, Abercynon, Mountain Ash3
£80003/242.11 miHerbert Street, Abercynon, Mountain Ash3
£80012/242.12 mi-2

Local Area Statistics

Population in CF46

14,291

Nearest train station

1.87 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £120,000

October 17, 2024

Floor Plans

Description

  • CHAIN FREE +
  • IDEAL FIRST TIME BUY +
  • GREAT OPPORTUNITY TO MODERNISE +
  • TWO OPEN-PLAN RECEPTION ROOMS +
  • GENEROUS MASTER BEDRROM +
  • NEW CARPETS +
  • LOW MAINTENANCE GARDEN +
  • CONVIENIENT LOCATION +

On offer is this charming terraced house, available for immediate purchase with no chain. This property, while requiring some renovation, offers a multitude of potential for those with the vision to transform it into a remarkable home.

The property comprises three bedrooms: a spacious master bedroom, a generous double bedroom, and a single bedroom, all of which are graced with new carpets. The bathroom, while in need of modernisation, has a large shower already installed, providing an excellent starting point for any revamp plans.

The heart of the home lies in its two open-plan reception rooms, both featuring charming fireplaces and new carpet. These rooms promise a warm and inviting atmosphere, ready to be filled with your own personal touch. The kitchen, although requiring a modern upgrade, offers a great layout and is ripe for an imaginative revamp.

Located close to local amenities, this property is situated in a convenient location, making everyday tasks quick and easy. This house could be the ideal purchase for first-time buyers, providing a great canvas upon which to paint your dream home.

Please note that all carpets throughout the property are brand new, adding a fresh and modern feel to each room. With a bit of love and renovation, this house can evolve into a stunning home perfectly tailored to your tastes.

This property presents a unique opportunity for those looking to put their own stamp on their next home. Your dream home is just a renovation away. 

HALLWAY 10' 10" x 2' 10" (3.32m x 0.87m) Entrance giving access to lounge. Laminate flooring. Stairs to the first floor and under the stair's storage. Radiator. 

LOUNGE 15' 8" x 11' 1" (4.80m x 3.38m) Cosy family lounge. Newly laid carpeted flooring. Feature fireplace with inset gas fire. Back boiler located behind the fire. Currently open plan access into dining room. Large window to the rear. Radiator. 

DINING ROOM 10' 5" x 9' 11" (3.20m x 3.04m) Open plan access from the lounge. Laminate wood flooring. Feature fireplace. Window to the front. Radiator. 

KITCHEN 9' 4" x 8' 3" (2.87m x 2.52m) Fitted kitchen with cottage style wall and base units. Integrated gas hob and electric oven with extractor overhead. Laminate work surfaces with inset sink and drainer and tiled splashbacks. Space for washing machine. Tiled flooring. Window to the side. 

SHOWER ROOM 8' 0" x 5' 7" (2.44m x 1.71m) Consist of large walk-in shower, WC and wash basin. Tiled floors and walls. Window to the side. Radiator. 

STAIRS TO THE FIRST FLOOR Landing leading to three bedrooms. Newly laid carpeted flooring. 

BEDROOM ONE 15' 6" x 9' 4" (4.73m x 2.87m) Generous master bedroom. Newly laid carpeted flooring. Two windows to the front. Radiator. 

BEDROOM TWO 12' 2" x 8' 5" (3.72m x 2.59m) Double bedroom. Newly laid carpeted flooring. Storage cupboard containing hot water cylinder. Window to the rear. Radiator. 

BEDROOM THREE 8' 2" x 6' 8" (2.51m x 2.04m) Single bedroom. Newly laid carpeted flooring. Window to the rear. Radiator. 

TO THE OUTSIDE  

TO THE REAR Low maintenance patio slabbed rear garden. Concrete shed with light and power and gate giving access to rear lane. 

In accordance with the 1993 Misrepresentation Act the agent has not tested any apparatus, equipment, fixtures, fittings or services and so, cannot verify they are in working order, or fit for their purpose. Neither has the agent checked the legal documentation to verify the leasehold/freehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor. Also, photographs are for illustration only and may depict items which are not for sale or included in the sale of the property, All sizes are approximate.

INDEPENDENT MORTGAGE SERVICE AVAILABLE.
Your home is at risk of being repossessed if you do not keep up repayments on your mortgage.

Agent Details

Lucas Estates & Rentals, Ystrad Mynach

01443 706646

Next Steps?

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