2 Bed Terraced House, Refurb/BRRR, CF46 6HJ, £165,000

High Close, Nelson, CF46 6HJ - 2 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~68 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£113,688

 

 

End Value (After Refurb)

£148,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£27,830

Bridging Loan Interest

£4,331

Total Cash In

£81,312

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£148,750

Mortgage (After Refinance)

£111,563

Mortgage LTV

75%

Cash Left In

£81,312

Equity

£37,188

Rent Range

£495 - £900,208

Rent Estimate

£775

Running Costs/mo

£640

Cashflow/mo

£135

Cashflow/yr

£1,622

ROI

2%

Gross Yield

6%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£139K08/210.03 mi35, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£167.5K06/230.03 mi35, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£155K03/210.03 mi18, High Street, Nelson, Treharris, Caerphilly CF46 6EU2
£76K06/210.12 mi16, Llwyn Yr Eos, Nelson, Treharris, Caerphilly CF46 6LG2
£160K03/210.12 mi73, High Street, Nelson, Treharris, Caerphilly CF46 6HA2
£145K12/220.14 mi16, Dynevor Terrace, Nelson, Treharris, Caerphilly CF46 6PD2
£125K12/200.16 mi8, Donald Street, Nelson, Treharris, Caerphilly CF46 6EB2
£195K09/210.24 mi54, Tawel Fan, Nelson, Treharris, Caerphilly CF46 6EH2
£140K11/200.24 mi2, Caerphilly Road, Nelson, Treharris, Caerphilly CF46 6NH2
£120K03/210.28 mi83, Heol Fawr, Nelson, Treharris, Caerphilly CF46 6NP2
£210K11/220.29 mi43, Lon Y Celyn, Nelson, Treharris, Caerphilly CF46 6HT2
£190K12/220.3 mi133, High Street, Nelson, Treharris, Caerphilly CF46 6HB2
£160K04/210.31 mi99b, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HL2
£165K02/210.35 mi10, Lon Y Llwyn, Nelson, Treharris, Caerphilly CF46 6HU2
£220K11/220.35 mi31, Heol Isaf, Nelson, Treharris, Caerphilly CF46 6NS2
£152.5K01/230.43 mi13, Llwyncelyn Terrace, Nelson, Treharris, Caerphilly CF46 6HF2
£200K10/220.43 mi2, Beech Tree Way, Nelson, Treharris, Caerphilly CF46 6NU2
£185K12/200.73 mi70, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PN2
£238.5K03/230.76 mi1, Pandy Cottages, Trelewis, Treharris, Merthyr Tydfil CF46 6BU2
£215K01/230.82 mi100, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PP2
£245K03/210.85 miHighfields, Pentwyn Road, Treharris, Merthyr Tydfil CF46 5BS2
£212K02/230.85 mi76, Ty Llwyd Parc, Quakers Yard, Treharris, Merthyr Tydfil CF46 5LB2
£167K04/210.86 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 
£2,50003/250.22 mi-3
£1,30010/240.27 mi-5
£1,80012/240.45 miHazeldene, Pentwyn Road, Nelson, Treharris4
£90012/240.68 miGelligaer Road, Trelewis, TREHARRIS3
£82501/240.73 mi-3
£60012/240.91 miTy Llwyd Parc Estate, Treharris2
£900,20811/230.94 miTy Llwyd Parc Estate, Quakers Yard, Treharris3
£67512/241.07 mi-2
£49511/231.13 miFirst Floor Flat C Dan-y-Twyn, Treharris1
£65012/241.18 mi-3
£60011/231.19 miLeigh Terrace, Quakers Yard Treharris3
£1,00003/251.24 mi-2
£525,12111/231.25 miMillers Row, Treharris2
£1,00003/251.25 mi-2
£80011/241.28 mi-3
£80012/241.29 mi-3
£80007/241.29 mi-3
£82504/251.29 mi-3
£75008/241.29 mi-3
£65012/241.31 mi-2
£75012/241.35 miFell Street, TREHARRIS3
£57511/231.35 miFell Street, Treharris, CF46 5HN3
£57511/231.35 miFell Street, Treharris, CF46 5HN3
£67512/241.38 mi-2
£62512/241.41 mi-3
£57512/241.43 mi-2
£85003/251.47 mi-3
£70012/241.5 miEvan Street, TREHARRIS3
£75012/241.53 miPritchard Street, Treharris3
£90003/241.54 miKing Street, Abercynon, MOUNTAIN ASH3
£65012/241.55 miGelliwen Street, Penybryn, HENGOED1
£625,14411/231.55 miMaen Gilfach, Trelewis, Treharris2
£70003/251.59 mi-3
£95012/241.6 miForest Grove, Edwardsville, Treharris, CF46 5NG2
£650,15011/231.66 miNant-Ddu Terrace, Edwardsville, Treharris3
£50002/251.73 mi-2
£59512/241.73 miThe Avenue, Edwardsville2
£72512/241.77 mi-3
£1,15012/241.82 miBuzzard Way, Penallta, Hengoed4
£89512/241.85 miDragon Way, Penallta3
£55004/241.88 miYnysmeurig Road, Abercynon, Mountain Ash1
£55012/241.94 miMargaret Street, Abercynon, MOUNTAIN ASH1
£1,00012/241.96 miStation House , Nelson Road, Ystrad Mynach3
£65002/241.97 mi-3
£55003/241.98 miMargaret Street, Abercynon, MOUNTAIN ASH1
£77503/241.99 miGertrude Street, Abercynon, Mountain Ash3
£80003/242 miHerbert Street, Abercynon, Mountain Ash3
£82503/242 miMountain Ash Road, Abercynon, Mountain Ash3
£1,00001/252.04 mi-3
£87505/242.12 mi-2

Local Area Statistics

Population in CF46

14,291

Nearest school

0.20 miles away

Nearest train station

1.78 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £165,000

December 26, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • VACANT POSSESSION +
  • IDEAL RENTAL INVESTMENT +
  • LARGE REAR GARDEN +
  • FITTED KITCHEN +

Nestled in the charming area of High Close, Nelson, this end terrace house presents an excellent opportunity for both first-time buyers and seasoned investors alike. Spanning a comfortable 764 square feet, the property features two well-proportioned bedrooms, making it ideal for small families or those seeking a cosy retreat.

Upon entering, you will find a welcoming reception room that offers a versatile space for relaxation or entertaining guests. The layout flows seamlessly into the kitchen area, which, while in need of some refurbishment, provides a blank canvas for your personal touch and design preferences. The property also boasts a full bathroom with over bath shower and screen, ensuring convenience for daily living.

One of the standout features of this home is the large rear garden, which offers ample outdoor space for gardening, play, or simply enjoying the fresh air. This expansive area is perfect for those who appreciate outdoor living or wish to create a tranquil escape from the hustle and bustle of daily life.

With vacant possession and no onward chain, this property is ready for you to make it your own. While it does require some work, this presents a fantastic opportunity to add value and customise the space to suit your needs. Whether you are looking for a project to invest in or a place to call home, this property is an ideal rental investment opportunity in a desirable location. Don’t miss your chance to explore the potential this end terrace house has to offer.

Living Room - 4.45 x 4.17 max (14'7" x 13'8" max) -

Kitchen - 3.0 x 2.3 (9'10" x 7'6") -

Bedroom One - 3.59 x 3.0 (11'9" x 9'10") -

Bedroom Two - 3.30 x 2.1 (10'9" x 6'10") -

Bathroom - 1.97 x 2.39 (6'5" x 7'10") -

Rear Garden -

Tenure - We are informed by the owners that the property is freehold, this is to be confirmed by your legal advisor.

Council Tax - Band - B

Agent Details

Brinsons, Caerphilly

029 2167 2242

Next Steps?

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