4 Bed Semi-Detached House, Refurb/BRRR, Merthyr Tydfil, CF47 8RW, £410,000

The Walk, Merthyr Tydfil, CF47 8RW - 1 views - 4 months ago

Refurb/BRRR
~129 m²
+26 photos

ValuationOvervalued

Sold Prices£88K - £450K
Sold Prices/m²£763/m² - £2.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.2K/m²

Value Estimate

£221,251

 

 

End Value (After Refurb)

£253,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£102,500

Stamp Duty & Legal Fees

£23,500

Refurb Costs

£52,654

Bridging Loan Interest

£10,763

Total Cash In

£191,167

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£253,250

Mortgage (After Refinance)

£189,938

Mortgage LTV

75%

Cash Left In

£191,167

Equity

£63,313

Rent Range

£600 - £750,173

Rent Estimate

£800

Running Costs/mo

£971

Cashflow/mo

£-171

Cashflow/yr

£-2,057

Gross Yield

2%

Local Sold Prices

37 sold prices from £88K to £450K, average is £250K. £763/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£172K03/230.09 mi4, Park Terrace, Merthyr Tydfil CF47 8RF4
£245K07/230.09 mi18, Lancaster Terrace, Merthyr Tydfil CF47 8SL4
£440K11/220.19 miMaesynant, Grove Park, Merthyr Tydfil CF47 8HX4
£450K12/220.21 mi2, The Grove, Merthyr Tydfil CF47 8YR4
£235K12/200.21 mi14, The Grove, Merthyr Tydfil CF47 8YR4
£172K10/210.25 mi25, The Avenue, Merthyr Tydfil CF47 8YT4
£250K08/230.25 mi27, The Avenue, Merthyr Tydfil CF47 8YT4
£345K06/230.25 mi4, Meyrick Villas, Merthyr Tydfil CF47 8PX4
£278K11/210.27 mi16, St Marys Close, Merthyr Tydfil CF47 8YS4
£105K07/230.36 mi46, Trevethick Street, Merthyr Tydfil CF47 0HX4
£210K01/230.38 miSpringhill, Bryntirion Road, Merthyr Tydfil CF47 0ER4
£88K03/210.42 mi32, Woodland Walk, Merthyr Tydfil CF48 1AQ4
£220K10/200.61 mi5, Dan Y Parc View, Incline Top, Merthyr Tydfil CF47 0GF4
£297.5K05/220.63 miDarn O Dir, Gwaunfarren Road, Merthyr Tydfil CF47 9AP4
£279.9K09/210.64 mi19, Glynmil Close, Merthyr Tydfil CF47 0GE4
£310K04/220.64 mi16, Glynmil Close, Merthyr Tydfil CF47 0GE4
£282K10/220.66 mi16, Blaenau'r Cwm, Merthyr Tydfil CF47 0JD4
£170K12/220.69 mi9, Arfryn Terrace, Merthyr Tydfil CF47 0PP4
£345K06/230.71 miBrydon Bungalow, Incline Top, Merthyr Tydfil CF47 0TJ4
£225K05/210.73 mi5, Clos Cwm Golau, Merthyr Tydfil CF47 0JA4
£98K12/220.79 mi13, Brynhyfryd Street, Merthyr Tydfil CF47 9YN4
£210K03/210.88 mi3, Danyronen, Heolgerrig, Merthyr Tydfil CF48 1TS4
£290K12/220.89 mi11, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£255K06/210.91 mi15, Hawthorn Drive, Merthyr Tydfil CF47 0LZ4
£242K03/220.92 mi11, Hawthorn Drive, Merthyr Tydfil CF47 0LZ4
£210.1K11/220.92 mi101, Haydn Terrace, Merthyr Tydfil CF47 9UX4
£226K10/200.92 mi1, Cedar Close, Merthyr Tydfil CF47 0LX4
£280K06/210.92 mi16, Cedar Close, Merthyr Tydfil CF47 0LX4
£275K05/220.92 mi3, Cedar Close, Merthyr Tydfil CF47 0LX4
£340K01/230.94 mi52, Cyfarthfa Gardens, Cefn Coed, Merthyr Tydfil CF48 2SE4
£360K11/220.94 mi4, Cyfarthfa Gardens, Cefn Coed, Merthyr Tydfil CF48 2SE4
£220K02/210.94 mi12, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£350K12/220.95 mi3, Lakeside Gardens, Merthyr Tydfil CF48 1EN4
£280K02/210.95 mi1, Lakeside Gardens, Merthyr Tydfil CF48 1EN4
£145K09/230.95 mi42, Galon Uchaf Road, Merthyr Tydfil CF47 9TP4
£90K06/210.96 mi13, Heol Tai Mawr, Merthyr Tydfil CF48 1LE4
£315K08/220.97 mi28, Oak Tree Rise, Merthyr Tydfil CF47 0SN4

Local Rents

13 rents from £600/mo to £750.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£65003/240.12 miDane Street, Merthyr Tydfil3
£75003/240.23 miTramroad Terrace, Merthyr Tydfil3
£60003/240.36 miThe Grawen3
£750,17311/230.36 miTrevethick Street, Merthyr Tydfil, CF47 0HX3
£1,20001/250.4 mi-3
£72503/240.45 miOak Road, Merthyr Tydfil3
£2,10004/240.45 miPenderyn Close, Ynsfach, Merthyr Tydfil6
£75003/240.49 miBaden Terrace, MERTHYR TYDFIL3
£80003/240.5 miAlma Street, Merthyr Tydfil, 3
£85009/230.56 mi-3
£89504/250.56 mi-3
£85003/240.59 miPandy Close, MERTHYR TYDFIL3
£80010/240.62 mi-3

Local Area Statistics

Population in CF47

21,952

Population in Merthyr Tydfil

48,950

Town centre distance

1.18 miles away

Nearest school

0.40 miles away

Nearest train station

0.45 miles away

 

 

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+48%

Property History

Price changed to £410,000

February 16, 2025

Price changed to £425,000

January 23, 2025

Listed for £435,000

December 9, 2024

Description

  • RECENTLY RENOVATED SPACIOUS SEMI-DETACHED HOUSE +
  • WITH FRONT DRIVEWAY PARKING +
  • FINISHED & FITTED TO A HIGH STANDARD THROUGHOUT +
  • PLEASANTLY SITUATE IN SOUGHT AFTER RESIDENTIAL AREA +
  • CLOSE TO LOCAL SCHOOLS & AMENITIES +
  • SHORT DISTANCE +
  • 4 BEDROOMS & EN SUITE BATHROOM/W.C. +
  • 2 SHOWER ROOM/W.C. +
  • COUNCIL TAX BAND C +
  • AWAITING ENGERGY RATING +

We are delighted to present for sale this newly renovated semi detached house, a gorgeous Family home offering spacious accommodation and finished/ fitted to a very high specification. This house is simply ready to move in and we highly recommend viewing if you are looking for a property of this type, close to the Town Centre. Comprising of large lounge and dinning room, a well appointed kitchen with separate utility and shower/wc on the ground floor. Upstairs to 4 bedrooms with an ensuite and 2nd shower room/wc.
The property is situated off the road by a large gated front forecourt and driveway parking, The Walk is a sought after residential area within walking distance of Town Centre and many other amenities including schools and parks etc.

ENTRANCE HALLWAY
uPVC double glazed composite entrance door, modern glass panelled internal door, carpeted staircase to first floor,
herringbone style flooring, feature cloaks storage.

LOUNGE 4.7m x 3.5m
Feature bay window, herringbone flooring, wall lights, flat arch divide leading to Living room.

LIVING ROOM/DINING 3.5m x 3.2m
Herringbone flooring, uPVC double glazed French doors leading to rear garden.

KITCHEN 4.6m x 2.9m
Modern fitted units with central island, under unit lighting, electric oven & hob, cooker extractor,
tiled floor, recessed spot lights, integrated fridge freezer & dishwasher.

UTILITY ROOM 3.1m x 2.9m
Fitted units with sink, plumbing for washing machine, tiled floor, recessed spot lights and feature lighting.
Boiler wall mounted.

SHOWER ROOM/WC 3.8m x 1.3m
Modern suite with vanity unit mirror and light, double shower cubicle-mains shower.
tiled floor, part tiled walls.

NUMBER 1 BEDROOM 3.7m x 3.8m EN SUITE BATHROOM/W.C. 3.8m x 1.2m
Carpeted floor, bedside lighting.
En Suite-White suite with freestanding bath, shower cubicle-mains shower, vanity unit with twin basins,
part tiled walls, towel radiator.

NUMBER 2 BEDROOM 3.2m x 2.9m
Carpeted floor.

NUMBER 3 BEDROOM 3.1m x 2m
Carpeted floor.

NUMBER 4 BEDROOM 4.3m x 3.1m (max)
Carpeted floor.

SHOWER ROOM/W.C. 2m x 1.5m
Modern site suite, double shower cubicle-mains shower, vanity unit, tiled floor, part tiled walls,
towel radiator.

OUTSIDE
Front forecourt/ driveway providing off road parking for vehicles, gated access, side entrance from lane,
Rear paved patio to garden (stone chippings) Exterior power, light, hot & cold tap.
* There is potential to create additional parking to the rear-subject to the correct permissions.

Renovations include: We can provide full list upon request.
New Roof to main house & extensions with replaced facia, guttering etc
New Windows & Doors
External render and cladding to rear
Plaster board throughout with ceilings & walls insulated
Two zoned central heating system, New boiler & radiators throughout.
Electrics renewed
Carpeted & flooring
Newly installed fixtures & fittings (Kitchen/ Bathroom)
Cat 6 Ethernet network in all bedrooms and living room.

SERVICES
All Main Services. Gas Central Heating. uPVC Double Glazing.
Note: Services & appliances not tested by this office.

ADVISED FREEHOLD
COUNCIL TAX BAND C

Agent Details

Derek B Phillips, Merthyr Tydfil

01685 701303

Next Steps?

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