2 Bed Terraced House, Refurb/BRRR, Pontypridd, CF37 4DY, £150,000

Llanover Road, Pontypridd, CF37 4DY - 2 views - 4 months ago

Refurb/BRRR
ROI: 4%
~68 m²
+7 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£27,600

Bridging Loan Interest

£3,938

Total Cash In

£76,488

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£119,850

Mortgage (After Refinance)

£89,888

Mortgage LTV

75%

Cash Left In

£76,488

Equity

£29,963

Rent Range

£650 - £895

Rent Estimate

£782

Running Costs/mo

£551

Cashflow/mo

£231

Cashflow/yr

£2,773

ROI

4%

Gross Yield

6%













Local Rents

24 rents from £650/mo to £895/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£72502/250.17 mi-2
£85011/230.21 mi-2
£89512/240.27 miBridge Street, Pontypridd2
£70008/240.49 mi-2
£77508/240.52 mi-2
£65012/240.6 miBroadway Rhondda Cynon Taff2
£80012/240.61 miGraig Yr Helfa Road, Pontypridd, 2
£70012/240.61 miZero Mitchel Terrace 2
£89512/240.63 miWood Road, Treforest, Pontypridd2
£83512/240.66 miImperial Gate, Pontypridd, 2
£75006/230.7 mi-2
£85012/240.71 miHillside View, Graigwen, Pontypridd2
£75012/240.77 miMadoc Street, Pontypridd, 2
£75012/240.79 miRickard Terrace, Pontypridd, 2
£75012/240.79 miRickard Terrace, Pontypridd, 2
£72012/240.8 miWood Road, Treforest2
£65012/240.91 miJenkins Street, Hopkinstown, Pontypridd, CF372
£79012/240.91 miBarry Road, Pontypridd, CF37 1HY2
£69504/251 mi-2
£67512/241.01 mi-2
£85012/241.01 mi-2
£81512/241.07 miPark Street, Pontypridd2
£87512/241.07 miOxford Street, Pontypridd, Mid Glamorgan2
£75003/251.14 mi-2

Local Area Statistics

Population in CF37

38,309

Population in Pontypridd

61,397

Town centre distance

0.61 miles away

Nearest school

0.10 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+40%

Property History

Listed for £150,000

November 29, 2024

Sold for £111,250

2019

Floor Plans

Description

  • End Terrace Property +
  • Generous Reception Room +
  • Two Double Bedrooms +
  • Versatile Extra Room +
  • Kitchen in Need of Renovation +
  • Shower Room Upstairs +
  • Private Courtyard +
  • Large Garage +
  • Roller Shutter Door +
  • Lane Access to Garage +

Unlock the Potential: 2-Bedroom End Terrace in Pontypridd

This charming 2-bedroom end terrace house in Pontypridd offers a fantastic opportunity to create your dream home. Situated in a desirable location, the property features a spacious layout and great potential, making it ideal for first-time buyers, downsizers, or investors.

On the ground floor, a generously sized reception room provides a welcoming space for relaxing or entertaining. The kitchen, while functional, is in need of full renovation and modernisation, offering the perfect blank canvas for those looking to design a space that truly suits their style and needs.

Upstairs, you’ll find two well-proportioned double bedrooms, both offering plenty of space. An additional room provides versatility, making it ideal for a home office, dressing area, or creative workspace. The first-floor shower room completes the interior.

Outside, a small courtyard offers a private outdoor retreat and leads to a larger-than-average garage, featuring a roller shutter door and lane access. This unique addition provides ample space for parking, storage, or even a workshop.

With some thoughtful updates and a little creativity, this property has the potential to become a beautiful and functional home. Arrange your viewing today and imagine the possibilities!

Agent Details

Darlows, Pontypridd

01443 706647

Next Steps?

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