2 Bed Terraced House, Refurb/BRRR, CF46 6NE, £100,000

Wern Crescent, Nelson, CF46 6NE - 7 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~68 m²
+12 photos

ValuationFair Value

Sold Prices£76K - £245K
Sold Prices/m²£974/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£140,024

Uplift in Value

+40%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£27,830

Bridging Loan Interest

£2,625

Total Cash In

£61,405

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£140,024

Mortgage (After Refinance)

£105,018

Mortgage LTV

75%

Cash Released

£30,018

Cash Left In

£31,387

Equity

£35,006

Rent Range

£495 - £900,208

Rent Estimate

£775

Running Costs/mo

£613

Cashflow/mo

£162

Cashflow/yr

£1,949

ROI

3%

Gross Yield

9%

Local Sold Prices

23 sold prices from £76K to £245K, average is £167K. £974/m² to £3.3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£139K08/210.11 mi35, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£167.5K06/230.11 mi35, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£155K03/210.11 mi18, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£140K11/200.15 mi2, Caerphilly Road, Nelson, Treharris, Caerphilly CF46 6NH2
£145K12/220.17 mi16, Dynevor Terrace, Nelson, Treharris, Caerphilly CF46 6PD2
£125K12/200.18 mi8, Donald Street, Nelson, Treharris, Caerphilly CF46 6EB2
£76K06/210.21 mi16, Llwyn Yr Eos, Nelson, Treharris, Caerphilly CF46 6LG2
£160K03/210.23 mi73, High Street, Nelson, Treharris, Caerphilly CF46 6HA2
£195K09/210.25 mi54, Tawel Fan, Nelson, Treharris, Caerphilly CF46 6EH2
£120K03/210.25 mi83, Heol Fawr, Nelson, Treharris, Caerphilly CF46 6NP2
£220K11/220.29 mi31, Heol Isaf, Nelson, Treharris, Caerphilly CF46 6NS2
£210K11/220.37 mi43, Lon Y Celyn, Nelson, Treharris, Caerphilly CF46 6HT2
£200K10/220.38 mi2, Beech Tree Way, Nelson, Treharris, Caerphilly CF46 6NU2
£190K12/220.41 mi133, High Street, Nelson, Treharris, Caerphilly CF46 6HB2
£160K04/210.42 mi99b, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HL2
£165K02/210.43 mi10, Lon Y Llwyn, Nelson, Treharris, Caerphilly CF46 6HU2
£152.5K01/230.54 mi13, Llwyncelyn Terrace, Nelson, Treharris, Caerphilly CF46 6HF2
£238.5K03/230.8 mi1, Pandy Cottages, Trelewis, Treharris, Merthyr Tydfil CF46 6BU2
£185K12/200.82 mi70, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PN2
£215K01/230.9 mi100, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PP2
£212K02/230.92 mi76, Ty Llwyd Parc, Quakers Yard, Treharris, Merthyr Tydfil CF46 5LB2
£245K03/210.94 miHighfields, Pentwyn Road, Treharris, Merthyr Tydfil CF46 5BS2
£167K04/210.94 mi7, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PJ2

Local Rents

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

RentDateDistanceAddressBeds 
£2,50003/250.27 mi-3
£1,30010/240.34 mi-5
£1,80012/240.56 miHazeldene, Pentwyn Road, Nelson, Treharris4
£90012/240.69 miGelligaer Road, Trelewis, TREHARRIS3
£82501/240.73 mi-3
£60012/240.98 miTy Llwyd Parc Estate, Treharris2
£900,20811/231.02 miTy Llwyd Parc Estate, Quakers Yard, Treharris3
£67512/241.11 mi-2
£49511/231.21 miFirst Floor Flat C Dan-y-Twyn, Treharris1
£65012/241.26 mi-3
£60011/231.29 miLeigh Terrace, Quakers Yard Treharris3
£1,00003/251.3 mi-2
£1,00003/251.31 mi-2
£80012/241.31 mi-3
£80007/241.31 mi-3
£82504/251.32 mi-3
£80011/241.33 mi-3
£525,12111/231.35 miMillers Row, Treharris2
£85003/251.36 mi-3
£65012/241.36 mi-2
£75008/241.36 mi-3
£75012/241.4 miFell Street, TREHARRIS3
£57511/231.41 miFell Street, Treharris, CF46 5HN3
£57511/231.41 miFell Street, Treharris, CF46 5HN3
£65012/241.44 miGelliwen Street, Penybryn, HENGOED1
£67512/241.45 mi-2
£70003/251.48 mi-3
£57512/241.48 mi-2
£62512/241.49 mi-3
£70012/241.55 miEvan Street, TREHARRIS3
£625,14411/231.55 miMaen Gilfach, Trelewis, Treharris2
£75012/241.58 miPritchard Street, Treharris3
£90003/241.65 miKing Street, Abercynon, MOUNTAIN ASH3
£95012/241.69 miForest Grove, Edwardsville, Treharris, CF46 5NG2
£1,15012/241.71 miBuzzard Way, Penallta, Hengoed4
£89512/241.74 miDragon Way, Penallta3
£650,15011/231.75 miNant-Ddu Terrace, Edwardsville, Treharris3
£59512/241.82 miThe Avenue, Edwardsville2
£50002/251.84 mi-2
£72512/241.86 mi-3
£1,00012/241.87 miStation House , Nelson Road, Ystrad Mynach3
£1,00001/251.94 mi-3
£55004/241.99 miYnysmeurig Road, Abercynon, Mountain Ash1
£87505/242.03 mi-2
£55012/242.05 miMargaret Street, Abercynon, MOUNTAIN ASH1
£65002/242.08 mi-3
£55003/242.09 miMargaret Street, Abercynon, MOUNTAIN ASH1
£77503/242.1 miGertrude Street, Abercynon, Mountain Ash3
£80003/242.11 miHerbert Street, Abercynon, Mountain Ash3
£82503/242.11 miMountain Ash Road, Abercynon, Mountain Ash3

Local Area Statistics

Population in CF46

14,291

Nearest school

0.10 miles away

Nearest train station

1.89 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £100,000

December 3, 2024

Floor Plans

Description

  • Generous Sized End Of Terrace Property +
  • Huge Potential +
  • Highly Sought After Location +
  • Walk To Village & Public Transport +
  • Close proximity To Major Link Roads +
  • Generous Garden +
  • Two Bedrooms, Bathroom, Two Reception Rooms +
  • In Need Of Full Renovation +

Nestled in a highly sought-after location, this 2-bedroom end of terrace house presents a unique opportunity for those seeking a property with huge potential for transformation.

The generous sized property boasts a spacious garden, making it a perfect canvas to unleash your creativity and create your dream home.
The location is ideal for those who value convenience, offering a short walk to the village centre, public transport and close proximity to major link roads for easy commuting.

Outside, the property continues to impress with a generous garden space that provides ample room for outdoor activities and relaxation.

Whether you envision a vibrant garden or a peaceful retreat, the possibilities are endless with this expansive outdoor area.

With two bedrooms, a bathroom and two reception rooms, this property offers a solid foundation for a stunning renovation project that will truly make it your own.

Perfectly suited to those looking to add their personal touch to a property, this end of terrace house is a rare find in a prime location, promising a harmonious blend of comfort and convenience for its future owners.

Agent Details

Watkins Estate Agents, Caerphilly

01443 809219

Next Steps?

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