3 Bed Terraced House, Refurb/BRRR, Aberdare, CF44 7LU, £83,000

Catherine Street, Aberdare, CF44 7LU - 5 views - 3 months ago

Sold STC
Auction
Refurb/BRRR
ROI: 2%
~93 m²
+13 photos

ValuationFair Value

Sold Prices£70K - £270K
Sold Prices/m²£886/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£892/m²

Value Estimate

£83,830

 

 

End Value (After Refurb)

£133,637

Uplift in Value

+61%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,750

Stamp Duty & Legal Fees

£3,690

Refurb Costs

£37,767

Bridging Loan Interest

£2,179

Total Cash In

£66,136

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£133,637

Mortgage (After Refinance)

£100,227

Mortgage LTV

75%

Cash Released

£37,977

Cash Left In

£28,158

Equity

£33,409

Rent Range

£400 - £800

Rent Estimate

£656

Running Costs/mo

£569

Cashflow/mo

£87

Cashflow/yr

£1,046

ROI

2%

Gross Yield

9%

Local Sold Prices

50 sold prices from £70K to £270K, average is £137K. £886/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£110K05/230.03 mi5, Jenkin Street, Aberdare, Rhondda Cynon Taff CF44 7LS3
£135K04/230.04 mi60, Monk Street, Aberdare, Rhondda Cynon Taff CF44 7PA3
£108K08/210.05 mi41b, Ynysllwyd Street, Aberdare, Rhondda Cynon Taff CF44 7NW3
£108K12/210.11 mi9, Trevor Street, Aberdare, Rhondda Cynon Taff CF44 7NL3
£177K07/230.11 mi19, Trevor Street, Aberdare, Rhondda Cynon Taff CF44 7NL3
£124K03/210.12 mi10, Unity Street, Aberdare, Rhondda Cynon Taff CF44 7PN3
£147K03/210.12 mi24, Pendarren Street, Aberdare, Rhondda Cynon Taff CF44 7PE3
£142.5K10/200.12 mi13, Brondeg Terrace, Aberdare, Rhondda Cynon Taff CF44 7PL3
£163K03/230.12 mi12, Brondeg Terrace, Aberdare, Rhondda Cynon Taff CF44 7PL3
£92.5K03/210.13 mi9, Graig Isaf, Aberdare, Rhondda Cynon Taff CF44 7RD3
£93.5K02/210.13 mi7, David Price Street, Aberdare, Rhondda Cynon Taff CF44 7ET3
£120K11/200.15 mi12, Highland Place, Aberdare, Rhondda Cynon Taff CF44 7RA3
£125K03/210.15 mi11, Little Wind Street, Aberdare, Rhondda Cynon Taff CF44 7EU3
£145K02/230.17 mi2, Albert Street, Aberdare, Rhondda Cynon Taff CF44 7EP3
£260K04/230.17 mi11, The Grove, Aberdare, Rhondda Cynon Taff CF44 7NA3
£220K10/210.17 mi22, The Grove, Aberdare, Rhondda Cynon Taff CF44 7NA3
£160K05/210.17 mi24, The Grove, Aberdare, Rhondda Cynon Taff CF44 7NA3
£185K05/210.17 mi28, The Grove, Aberdare, Rhondda Cynon Taff CF44 7NA3
£105K01/210.18 mi12f, Wind Street, Aberdare, Rhondda Cynon Taff CF44 7ES3
£118K03/230.19 mi19, Bond Street, Aberdare, Rhondda Cynon Taff CF44 7HA3
£70K07/230.21 mi52, Ty Fry, Aberdare, Rhondda Cynon Taff CF44 7PW3
£115K07/230.21 mi39, Ty Fry, Aberdare, Rhondda Cynon Taff CF44 7PW3
£142.5K06/230.25 mi2, Bute Terrace, Aberdare, Rhondda Cynon Taff CF44 7LF3
£175K10/210.26 mi19, Brynffynon Close, Aberdare, Rhondda Cynon Taff CF44 7HL3
£148K05/230.26 mi54, Seymour Street, Aberdare, Rhondda Cynon Taff CF44 7BL3
£150K01/230.28 mi53, Heol Y Mynydd, Aberdare, Rhondda Cynon Taff CF44 7PS3
£110K04/210.28 mi47, Heol Y Mynydd, Aberdare, Rhondda Cynon Taff CF44 7PS3
£83K01/210.3 mi1, Whitcombe Street, Aberdare, Rhondda Cynon Taff CF44 7DA3
£85K11/200.3 mi7, Bankes Street, Aberdare, Rhondda Cynon Taff CF44 7BY3
£138K06/210.3 mi16, Gadlys Road, Aberdare, Rhondda Cynon Taff CF44 8AF3
£165K12/210.33 mi20, Maelgwyn Terrace, Aberdare, Rhondda Cynon Taff CF44 8AU3
£195K06/230.33 mi7, Maelgwyn Terrace, Aberdare, Rhondda Cynon Taff CF44 8AU3
£110K01/210.39 mi13, North Avenue, Aberdare, Rhondda Cynon Taff CF44 8BB3
£144K08/210.43 mi38, Gospel Hall Terrace, Aberdare, Rhondda Cynon Taff CF44 8DW3
£160K06/230.43 mi11, Gospel Hall Terrace, Aberdare, Rhondda Cynon Taff CF44 8DW3
£155K03/230.43 mi8, Gospel Hall Terrace, Aberdare, Rhondda Cynon Taff CF44 8DW3
£106.5K11/200.47 mi6, Oxford Street, Aberdare, Rhondda Cynon Taff CF44 8BD3
£90K03/210.48 mi10, Wayne Street, Aberdare, Rhondda Cynon Taff CF44 8DT3
£97.5K11/210.49 mi64, Cardiff Road, Aberdare, Rhondda Cynon Taff CF44 6HJ3
£165K05/230.5 mi3, Ynyslwyd Close, Aberdare, Rhondda Cynon Taff CF44 6RZ3
£124K02/210.5 mi14, Gadlys Street, Aberdare, Rhondda Cynon Taff CF44 8BG3
£94K09/210.51 mi5, Sunnybank Street, Aberdare, Rhondda Cynon Taff CF44 6RJ3
£155K02/230.52 mi55, Gadlys Street, Aberdare, Rhondda Cynon Taff CF44 8BH3
£136K07/230.53 mi27, Tudor Terrace, Aberdare, Rhondda Cynon Taff CF44 8EB3
£147.5K04/210.54 mi23, College Street, Aberdare, Rhondda Cynon Taff CF44 0RN3
£94K12/200.6 mi4, Penderyn Place, Aberdare, Rhondda Cynon Taff CF44 6YY3
£270K06/230.62 mi6, The Glade, Aberdare, Rhondda Cynon Taff CF44 0NX3
£140K02/210.63 mi16, Broniestyn Terrace, Trecynon, Aberdare, Rhondda Cynon Taff CF44 8EG3
£94K11/200.64 mi9, Abergwawr Place, Aberdare, Rhondda Cynon Taff CF44 6YR3
£150K10/210.66 mi9, Beechwood Avenue, Aberdare, Rhondda Cynon Taff CF44 8BP3

Local Rents

52 rents from £400/mo to £800/mo, average is £660/mo.

RentDateDistanceAddressBeds 
£67007/240.09 mi-2
£67512/240.09 mi-2
£67511/240.09 mi-2
£62512/240.14 mi-2
£65003/250.14 mi-2
£67511/230.15 miBond Street, Aberdare3
£67009/240.17 mi-2
£72511/230.2 miWind Street, Aberdare4
£72511/230.2 miWind Street, Aberdare4
£69512/240.21 miSeymour Street, Aberdare3
£72511/230.22 miWind Street, Aberdare4
£55012/240.24 miCommercial Street, ABERDARE1
£55012/240.24 miCommercial Street, ABERDARE1
£75010/240.29 mi-3
£62010/230.29 mi-2
£80009/230.3 mi-4
£65009/230.31 mi-3
£67502/250.32 mi-2
£40012/240.44 mi-1
£73012/240.45 mi-2
£65012/240.47 miCardiff Road, ABERDARE3
£67512/240.47 miCardiff Road, Aberdare3
£69505/230.48 mi-2
£69512/240.48 mi-2
£69512/240.48 miCardiff Road, Aberdare, CF442
£65012/240.54 mi-2
£60012/240.63 miThomas Street, Robertstown2
£67505/230.64 mi-2
£67508/230.67 mi-2
£57512/240.73 miKiln Street, Aberaman2
£73012/240.74 mi-2
£62512/240.76 miMeirion Street, Aberdare, Rhondda Cynon Taff2
£65006/230.77 mi-2
£65001/250.77 mi-2
£60012/240.8 miBelle Vue, Aberdare, CF442
£60012/240.8 mi-2
£72512/240.81 miDavid Street, Trecynon2
£73712/240.84 mi-2
£60011/230.84 mi-2
£60011/230.85 mi-2
£60012/240.86 miEbenezer Street, ABERDARE2
£65012/240.86 miBell Street, ABERDARE2
£55012/240.89 miMill Street, Trecynon, ABERDARE2
£50012/240.89 miMill Street, ABERDARE1
£65012/240.96 mi-3
£67512/241.06 miChapel Street, Aberaman3
£62512/241.14 mi-2
£65009/241.14 mi-2
£78512/241.25 mi-3
£78512/241.25 mi-3
£78512/241.25 mi-3
£55002/251.32 mi-2

Local Area Statistics

Population in CF44

39,183

Town centre distance

2 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £83,000

December 26, 2024

Sold for £87,000

2006

Sold for £32,500

1997

Description

  • Sale by Modern Auction (T&Cs apply) +

  • Subject to an undisclosed Reserve Price +

  • Buyers fees apply +

  • Council Tax Band - A +

  • Sought after location +

  • Great Investment Opportunity +

  • 3 Bedrooms +

  • No Chain +

SUMMARY
This three-bedroom terraced house, situated in a desirable location with excellent transport links and nearby amenities, offers a bright kitchen, a welcoming reception room, and a unique garden, making it an ideal opportunity for first-time buyers, families, or investors.

DESCRIPTION
We are delighted to present this terraced house for sale, located in a sought-after location. This property boasts three bedrooms, a bathroom, and one reception room, providing ample space for a family or first-time buyers. It is in need of modernising, making it an excellent opportunity for those looking to put their personal touch on their next home or investors seeking a rewarding project.

The property features a bright kitchen that benefits from plenty of natural light and the reception room presents a welcoming space for relaxation or entertaining guests.

One of the unique features of this house is its low maintenance garden. This outdoor space provides a wonderful opportunity for anyone who enjoys outdoor activities.

Situated in a location with excellent public transport links, this property offers convenient access to local amenities and nearby schools, perfect for growing families. For the outdoor enthusiasts, there are also established walking routes close by, offering the perfect balance of urban and natural landscapes.

In conclusion, this three-bedroom terraced house, although in need of modernisation, is a gem of an opportunity for first-time buyers, investors, and families alike, due to its location and potential.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Living Room 19' 2" Max x 14' Max ( 5.84m Max x 4.27m Max )

Kitchen 12' 3" Max x 12' 6" Max ( 3.73m Max x 3.81m Max )

Bedroom 1 7' 7" Max x 19' 1" Max ( 2.31m Max x 5.82m Max )

Bedroom 2 12' 7" Max x 6' 5" Max ( 3.84m Max x 1.96m Max )

Bedroom3 9' 2" Max x 6' 9" Max ( 2.79m Max x 2.06m Max )

Bathroom 5' 6" Max x 12' 4" Max ( 1.68m Max x 3.76m Max )

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Aberdare

01685 708654

Next Steps?

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