3 Bed Terraced House, Refurb/BRRR, Merthyr Tydfil, CF47 9LN, £100,000

Plantation Close, Merthyr Tydfil, CF47 9LN - 3 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£69K - £300K
Sold Prices/m²£767/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£103,000
BMV3%

 

 

End Value (After Refurb)

£138,531

Uplift in Value

+39%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£37,885

Bridging Loan Interest

£2,625

Total Cash In

£71,460

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£138,531

Mortgage (After Refinance)

£103,898

Mortgage LTV

75%

Cash Released

£28,898

Cash Left In

£42,561

Equity

£34,633

Rent Range

£650 - £750,173

Rent Estimate

£750

Running Costs/mo

£603

Cashflow/mo

£147

Cashflow/yr

£1,765

ROI

2%

Gross Yield

9%

Local Sold Prices

50 sold prices from £69K to £300K, average is £136K. £767/m² to £3.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£150K03/230 mi15, Plantation Close, Merthyr Tydfil CF47 9LN3
£70K01/210 mi46, Plantation Close, Merthyr Tydfil CF47 9LN3
£123.5K05/210.07 mi32, Bishops Grove, Merthyr Tydfil CF47 9LJ3
£110.7K06/210.08 mi3, Lewis Terrace, Penydarren, Merthyr Tydfil CF47 9LH3
£110K02/210.08 mi11, Lewis Terrace, Penydarren, Merthyr Tydfil CF47 9LH3
£125K03/210.16 mi9, Fronwen Terrace, Penydarren, Merthyr Tydfil CF47 9LD3
£200K05/230.16 mi7, Gwendoline Street, Merthyr Tydfil CF47 9AD3
£100K11/210.17 mi82, Trevethick Street, Merthyr Tydfil CF47 0HX3
£118K04/210.17 mi9, Lloyds Terrace, Penydarren, Merthyr Tydfil CF47 9HT3
£159.9K06/230.18 mi25, Darren View, Merthyr Tydfil CF47 0HH3
£110K10/230.18 mi24, Darren View, Merthyr Tydfil CF47 0HH3
£193K07/230.21 mi4, Royal Crescent, Penydarren, Merthyr Tydfil CF47 9LA3
£212K05/210.21 mi14, Alexandra Avenue, Merthyr Tydfil CF47 9AE3
£125K06/210.22 mi25, Heritage Court, Merthyr Tydfil CF47 9AQ3
£132K10/210.22 mi10, Heritage Court, Merthyr Tydfil CF47 9AQ3
£135K08/210.22 mi7, Heritage Court, Merthyr Tydfil CF47 9AQ3
£158K10/220.22 mi12, Heritage Court, Merthyr Tydfil CF47 9AQ3
£165K05/230.22 mi26, Heritage Court, Merthyr Tydfil CF47 9AQ3
£100K04/230.22 mi8, Garth Terrace, Merthyr Tydfil CF47 0HN3
£168K07/230.23 mi16, Corporation Street, Merthyr Tydfil CF47 0HP3
£140K10/200.23 mi5, Corporation Street, Merthyr Tydfil CF47 0HP3
£123K12/200.23 mi10, Corporation Street, Merthyr Tydfil CF47 0HP3
£140K12/220.23 mi5, Corporation Street, Merthyr Tydfil CF47 0HP3
£175K12/200.23 mi3, Marks Court, Merthyr Tydfil CF47 9UZ3
£135K11/200.23 mi22, Brynheulog Street, Merthyr Tydfil CF47 9UY3
£141K02/210.23 mi41, Brynheulog Street, Merthyr Tydfil CF47 9UY3
£137K05/230.26 mi50, Brynheulog Street, Merthyr Tydfil CF47 9YB3
£139.9K05/230.26 mi55, Brynheulog Street, Merthyr Tydfil CF47 9YB3
£160K11/200.26 mi9, The Avenue, Merthyr Tydfil CF47 8YT3
£125K12/200.27 mi9, Gwaelodygarth, Merthyr Tydfil CF47 8YU3
£116.5K03/230.27 mi25, Gwaelodygarth, Merthyr Tydfil CF47 8YU3
£143K12/200.27 mi34, Gwaelodygarth, Merthyr Tydfil CF47 8YU3
£160K01/230.27 mi35, Williams Place, Merthyr Tydfil CF47 9YH3
£230K05/230.29 mi3, Billingham Crescent, Merthyr Tydfil CF47 9AW3
£133K11/210.3 mi40, Gwaelodygarth, Merthyr Tydfil CF47 8YY3
£209K12/200.31 mi26, Gwaunfarren Close, Merthyr Tydfil CF47 9AX3
£147K02/210.31 mi41, Gwaelodygarth, Merthyr Tydfil CF47 8YY3
£120K04/210.32 mi40, Brynhyfryd Street, Merthyr Tydfil CF47 9YN3
£135K07/230.33 mi24, Danyparc, Merthyr Tydfil CF47 0AX3
£120K11/200.34 mi2, Garden City, Merthyr Tydfil CF47 9YS3
£120K10/200.35 mi18, Awelfryn Terrace, Merthyr Tydfil CF47 9YR3
£69K06/210.35 mi5, Council Street, Merthyr Tydfil CF47 9DJ3
£122K12/200.36 mi63, Brynhyfryd Street, Merthyr Tydfil CF47 9YW3
£105K11/200.36 mi70, Brynhyfryd Street, Merthyr Tydfil CF47 9YW3
£195K05/210.38 mi2, Gwaelodygarth Close, Merthyr Tydfil CF47 8DX3
£107K02/230.38 mi17, Tanybryn Place, Merthyr Tydfil CF47 9EJ3
£215K06/210.4 mi23, Glynmil Close, Merthyr Tydfil CF47 0GE3
£300K12/220.4 mi17, Glynmil Close, Merthyr Tydfil CF47 0GE3
£270.5K01/230.4 mi28, Glynmil Close, Merthyr Tydfil CF47 0GE3
£150K09/230.41 mi90, Penybryn, Merthyr Tydfil CF47 9AJ3

Local Rents

11 rents from £650/mo to £750.2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£750,17311/230.16 miTrevethick Street, Merthyr Tydfil, CF47 0HX3
£75003/240.22 miBaden Terrace, MERTHYR TYDFIL3
£75003/240.3 miChurch Street, Penydarren, Merthyr Tydfil3
£1,20001/250.35 mi-3
£72503/240.43 miOak Road, Merthyr Tydfil3
£85012/230.51 mi-3
£85012/230.51 mi-3
£72503/240.52 miAlfred Street, Penydarren, Merthyr Tydfil3
£72503/240.52 miAlfred Street, Penydarren, Merthyr Tydfil3
£65003/240.54 miDane Street, Merthyr Tydfil3
£75003/240.55 miTramroad Terrace, Merthyr Tydfil3

Local Area Statistics

Population in CF47

21,952

Population in Merthyr Tydfil

48,950

Town centre distance

1.14 miles away

Nearest school

0.10 miles away

Nearest train station

0.76 miles away

 

 

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+48%

Property History

Listed for £100,000

February 7, 2025

Description

  • Council Tax Band A +
  • No onward chain +
  • Off-road parking +
  • Great investment opportunity +
  • In need of some modernising +

SUMMARY
A terraced house being sold with no onward chain, featuring a living room, a kitchen/diner, off-street parking, and a private garden, is perfect for first-time buyers, investors, or families seeking to transform a property in a popular area with excellent transport links and schools.

DESCRIPTION
A charming terraced property in a popular location in Penydarren, Merthyr Tydfil being sold with no onward chain.This property, though in need of modernising, holds great potential. It is perfect for first-time buyers, investors, or families looking to put their stamp on their new home.

The property boasts a living room leading to a kitchen/diner, which offers ample dining space. The house consists of three bedrooms, two of which are generous double rooms, and a single room, offering versatile accommodation to suit your needs. The property's unique features include a convenient W.C to the ground floor, off-street parking, and a private garden, which adds significant appeal to this home.

Located in a popular residential area, this house is within close proximity to public transport links, reputable nearby schools, and local amenities, making it an ideal location for families.

AgentsNote

This property is being sold on behalf of a corporate client. It is marketed subject to obtaining the grant of probate and must remain on the market until contracts are exchanged. As part of a deceased's estate it may not be possible to provide answers to the standard property questionnaire. Please refer to the agent before viewing if you feel this may affect your buying decision.

Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.

Porch 

Hall 

W.C 

Living Room 17' 7" Max x 10' 7" Max ( 5.36m Max x 3.23m Max )

Kitchen/Diner 8' 5" Max x 17' 6" Max ( 2.57m Max x 5.33m Max )

Rear Porch 

Landing  

Bedroom 1 13' 7" Max x 10' 8" Max ( 4.14m Max x 3.25m Max )

Bedroom 2 12' 5" Max x 7' 7" Plus door recess ( 3.78m Max x 2.31m Plus door recess )

Bedroom 3 8' 7" Max x 6' 4" Max ( 2.62m Max x 1.93m Max )

Bathroom 

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, Merthyr Tydfil

01685 701136

Next Steps?

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