3 Bed Semi-Detached House, Refurb/BRRR, Merthyr Tydfil, CF47 9LA, £225,000

Royal Crescent, Penydarren, Merthyr Tydfil, CF47 9LA - 2 views - 4 months ago

Refurb/BRRR
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£69K - £230K
Sold Prices/m²£767/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£138,531

 

 

End Value (After Refurb)

£185,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£37,885

Bridging Loan Interest

£5,906

Total Cash In

£109,741

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£185,000

Mortgage (After Refinance)

£138,750

Mortgage LTV

75%

Cash Left In

£109,741

Equity

£46,250

Rent Range

£725 - £750,173

Rent Estimate

£800

Running Costs/mo

£758

Cashflow/mo

£42

Cashflow/yr

£503

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £69K to £230K, average is £132.5K. £767/m² to £3.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£193K07/230 mi4, Royal Crescent, Penydarren, Merthyr Tydfil CF47 9LA3
£125K03/210.04 mi9, Fronwen Terrace, Penydarren, Merthyr Tydfil CF47 9LD3
£118K04/210.07 mi9, Lloyds Terrace, Penydarren, Merthyr Tydfil CF47 9HT3
£137K05/230.09 mi50, Brynheulog Street, Merthyr Tydfil CF47 9YB3
£139.9K05/230.09 mi55, Brynheulog Street, Merthyr Tydfil CF47 9YB3
£209K12/200.1 mi26, Gwaunfarren Close, Merthyr Tydfil CF47 9AX3
£135K11/200.11 mi22, Brynheulog Street, Merthyr Tydfil CF47 9UY3
£141K02/210.11 mi41, Brynheulog Street, Merthyr Tydfil CF47 9UY3
£110.7K06/210.13 mi3, Lewis Terrace, Penydarren, Merthyr Tydfil CF47 9LH3
£110K02/210.13 mi11, Lewis Terrace, Penydarren, Merthyr Tydfil CF47 9LH3
£175K12/200.13 mi3, Marks Court, Merthyr Tydfil CF47 9UZ3
£120K11/200.15 mi2, Garden City, Merthyr Tydfil CF47 9YS3
£160K01/230.15 mi35, Williams Place, Merthyr Tydfil CF47 9YH3
£120K10/200.16 mi18, Awelfryn Terrace, Merthyr Tydfil CF47 9YR3
£120K04/210.19 mi40, Brynhyfryd Street, Merthyr Tydfil CF47 9YN3
£123.5K05/210.19 mi32, Bishops Grove, Merthyr Tydfil CF47 9LJ3
£122K12/200.19 mi63, Brynhyfryd Street, Merthyr Tydfil CF47 9YW3
£105K11/200.19 mi70, Brynhyfryd Street, Merthyr Tydfil CF47 9YW3
£150K09/230.2 mi90, Penybryn, Merthyr Tydfil CF47 9AJ3
£150K03/230.21 mi15, Plantation Close, Merthyr Tydfil CF47 9LN3
£70K01/210.21 mi46, Plantation Close, Merthyr Tydfil CF47 9LN3
£107K02/230.21 mi17, Tanybryn Place, Merthyr Tydfil CF47 9EJ3
£69K06/210.22 mi5, Council Street, Merthyr Tydfil CF47 9DJ3
£185K11/220.23 mi17, Penybryn, Merthyr Tydfil CF47 9AJ3
£182.5K05/230.24 mi59, Penybryn, Merthyr Tydfil CF47 9YY3
£230K05/230.25 mi3, Billingham Crescent, Merthyr Tydfil CF47 9AW3
£105K07/210.26 mi106, Haydn Terrace, Merthyr Tydfil CF47 9UX3
£212K05/210.29 mi14, Alexandra Avenue, Merthyr Tydfil CF47 9AE3
£200K05/230.29 mi7, Gwendoline Street, Merthyr Tydfil CF47 9AD3
£155K06/210.29 mi1, Summerfield Place, Merthyr Tydfil CF47 9RJ3
£135K06/220.31 mi16, Haydn Terrace, Merthyr Tydfil CF47 9UJ3
£125K04/210.32 mi17, Harrison Street, Merthyr Tydfil CF47 9SJ3
£137.1K05/210.33 mi21, Haydn Terrace, Merthyr Tydfil CF47 9UJ3
£100K09/210.33 mi31, Haydn Terrace, Merthyr Tydfil CF47 9UJ3
£147K02/210.34 mi41, Gwaelodygarth, Merthyr Tydfil CF47 8YY3
£112.5K10/210.34 mi3, Alfred Street, Merthyr Tydfil CF47 9SX3
£90K02/210.34 mi11, Alfred Street, Merthyr Tydfil CF47 9SX3
£105K12/200.34 mi46, Mitchell Crescent, Merthyr Tydfil CF47 9JE3
£133K11/210.34 mi40, Gwaelodygarth, Merthyr Tydfil CF47 8YY3
£125K06/210.35 mi25, Heritage Court, Merthyr Tydfil CF47 9AQ3
£132K10/210.35 mi10, Heritage Court, Merthyr Tydfil CF47 9AQ3
£135K08/210.35 mi7, Heritage Court, Merthyr Tydfil CF47 9AQ3
£158K10/220.35 mi12, Heritage Court, Merthyr Tydfil CF47 9AQ3
£165K05/230.35 mi26, Heritage Court, Merthyr Tydfil CF47 9AQ3
£78K06/230.35 mi22, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£85K12/200.35 mi10, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£85K12/200.35 mi10, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£145K04/230.35 mi14, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£125K12/200.37 mi9, Gwaelodygarth, Merthyr Tydfil CF47 8YU3
£143K12/200.37 mi34, Gwaelodygarth, Merthyr Tydfil CF47 8YU3

Local Rents

14 rents from £725/mo to £750.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75003/240.22 miChurch Street, Penydarren, Merthyr Tydfil3
£85012/230.32 mi-3
£85012/230.32 mi-3
£72503/240.34 miAlfred Street, Penydarren, Merthyr Tydfil3
£72503/240.34 miAlfred Street, Penydarren, Merthyr Tydfil3
£1,20001/250.35 mi-3
£750,17311/230.36 miTrevethick Street, Merthyr Tydfil, CF47 0HX3
£72503/240.4 miOak Road, Merthyr Tydfil3
£75003/240.41 miBaden Terrace, MERTHYR TYDFIL3
£79504/240.58 miRegent Street, Dowlais3
£80010/240.58 mi-3
£80006/240.58 mi-3
£80005/240.58 miRegent Street, Dowlais, Merthyr Tydfil, CF483
£80005/240.58 miRegent Street, Dowlais, Merthyr Tydfil, CF483

Local Area Statistics

Population in CF47

21,952

Population in Merthyr Tydfil

48,950

Town centre distance

1.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.96 miles away

 

 

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+48%

Property History

Listed for £225,000

November 29, 2024

Description

  • SPACIOUS SEMI-DETACHED HOUSE WITH DOUBLE GARAGE TO REAR +
  • TWO STOREY EXTENSION TO REAR +
  • PLEASANTLY SITUATE IN SOUGHT AFTER AREA +
  • OPPORTUNITY TO UP-GRADE TO YOUR SPECIFICATION +
  • 3 RECEPTION ROOMS +
  • 3 BEDROOMS +
  • AN IDEAL FAMILY HOME +
  • COUNCIL TAX BAND D +
  • AWAITING ENERGY RATING +
  • NO ONWARD CHAIN +

We bring to the market this spacious semi-detached house which has been extended to rear,
in need of further modernisation works giving you the opportunity to upgrade to your own
specification. With 3 reception rooms on the ground floor and 3 good sized bedrooms to the first floor this would make an ideal family home.
The property is located in a sought after and popular residential area, many local amenities close by and schools within walking distance. Having the benefit of a sizable plot overall there is a front garden, a side access, double garage and large garden to the rear offering ample space if you have children.

ENTRANCE PORCH
uPVC double glazed entrance door.

ENTRANCE HALL
Staircase to first floor, feature portal window.

LOUNGE 4.3m x 3.8m
Large bay window, fireplace.

2nd RECEPTION/ LIVING ROOM 4.6m x 3.4m

DINING ROOM 3.3m x 3.1m

KITCHEN 3.1m x 2.3m
Various fitted units, electric hob, stainless steel sink unit, plumbing for washing machine,
uPVC double glazed rear entrance door.

SHOWER/W.C. 2.3m x 1.8m
Shower area with electric shower.

(FIRST FLOOR)
NUMBER 1 BEDROOM 8.4m (max) x 3.9m
Large bedroom into extension able space to make dressing area or add a 4th room.

NUMBER 2 BEDROOM 4.3m x 3.6m

NUMBER 3 BEDROOM 3m x 2.9m

BATHROOM/W.C. 2.3m x 2m
Grey coloured suite, mixer tap fitment.

OUTSIDE
Front garden, side gated pathway. Double garage to rear.
Large rear garden: with a lower patio area leading to sizable lawned garden.

SERVICES
All Main Services. Gas Central Heating. uPVC Double Glazing.
Note: Central Heating, services & appliances to be confirmed upon viewing. These are not tested by this office.

TENURE
Advised Freehold

COUNCIL TAX BAND D

Agent Details

Derek B Phillips, Merthyr Tydfil

01685 701303

Next Steps?

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