3 Bed Semi-Detached House, Refurb/BRRR, Merthyr Tydfil, CF47 9JF, £55,000

77 Mitchell Crescent, Merthyr Tydfil CF47 9JF - 4 views - 2 months ago

Sold STC
Auction
Refurb/BRRR
ROI: 4%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£69K - £275K
Sold Prices/m²£767/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£591/m²

Value Estimate

£56,650
BMV3%

 

 

End Value (After Refurb)

£124,705

Uplift in Value

+127%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£2,850

Refurb Costs

£37,885

Bridging Loan Interest

£1,444

Total Cash In

£57,678

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£124,705

Agent Fees (1%)

£1,247

Bridging Loan

£41,250

Bridging Loan Interest

£1,444

Flip Profit

£24,529

Local Sold Prices

50 sold prices from £69K to £275K, average is £125K. £767/m² to £2.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£145K08/220.02 mi73, Mitchell Crescent, Merthyr Tydfil CF47 9JF3
£105K12/200.08 mi46, Mitchell Crescent, Merthyr Tydfil CF47 9JE3
£85K11/220.09 mi32, Mitchell Crescent, Merthyr Tydfil CF47 9JD3
£133K03/230.11 mi34, Roberts Avenue, Merthyr Tydfil CF47 9JJ3
£93.5K04/210.14 mi11, Ninth Avenue, Merthyr Tydfil CF47 9TL3
£182.5K05/230.16 mi59, Penybryn, Merthyr Tydfil CF47 9YY3
£165K08/220.16 mi63, Haydn Terrace, Merthyr Tydfil CF47 9YJ3
£137.1K05/210.17 mi21, Haydn Terrace, Merthyr Tydfil CF47 9UJ3
£100K09/210.17 mi31, Haydn Terrace, Merthyr Tydfil CF47 9UJ3
£125K08/230.18 mi3, Edgar Street, Merthyr Tydfil CF47 9TX3
£112K11/220.18 mi8, Edgar Street, Merthyr Tydfil CF47 9TX3
£135K06/220.18 mi16, Haydn Terrace, Merthyr Tydfil CF47 9UJ3
£118K08/220.18 mi35, Rocky Road, Penydarren, Merthyr Tydfil CF47 9JL3
£134K08/210.18 mi4, Mitchell Crescent, Merthyr Tydfil CF47 9JB3
£270K07/230.19 miMeriel, Rocky Road, Penydarren, Merthyr Tydfil CF47 9JN3
£185K11/220.2 mi17, Penybryn, Merthyr Tydfil CF47 9AJ3
£112.5K10/210.2 mi3, Alfred Street, Merthyr Tydfil CF47 9SX3
£90K02/210.2 mi11, Alfred Street, Merthyr Tydfil CF47 9SX3
£150K09/230.2 mi90, Penybryn, Merthyr Tydfil CF47 9AJ3
£105K07/210.2 mi106, Haydn Terrace, Merthyr Tydfil CF47 9UX3
£125K04/210.21 mi17, Harrison Street, Merthyr Tydfil CF47 9SJ3
£120K11/200.26 mi2, Garden City, Merthyr Tydfil CF47 9YS3
£107K02/230.26 mi17, Tanybryn Place, Merthyr Tydfil CF47 9EJ3
£120K10/200.27 mi18, Awelfryn Terrace, Merthyr Tydfil CF47 9YR3
£78K06/230.27 mi22, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£85K12/200.27 mi10, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£85K12/200.27 mi10, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£145K04/230.27 mi14, Gellifaelog Terrace, Penydarren, Merthyr Tydfil CF47 9HL3
£155K06/210.28 mi1, Summerfield Place, Merthyr Tydfil CF47 9RJ3
£122K12/200.29 mi63, Brynhyfryd Street, Merthyr Tydfil CF47 9YW3
£105K11/200.29 mi70, Brynhyfryd Street, Merthyr Tydfil CF47 9YW3
£209K12/200.3 mi26, Gwaunfarren Close, Merthyr Tydfil CF47 9AX3
£110K03/230.31 mi15, Third Avenue, Merthyr Tydfil CF47 9TT3
£85K11/210.31 mi17, Third Avenue, Merthyr Tydfil CF47 9TT3
£145K03/230.31 mi37, Balaclava Road, Dowlais, Merthyr Tydfil CF48 3BS3
£275K12/220.32 mi3a, Winifred Street, Dowlais, Merthyr Tydfil CF48 3SD3
£69K06/210.34 mi5, Council Street, Merthyr Tydfil CF47 9DJ3
£137K05/230.35 mi50, Brynheulog Street, Merthyr Tydfil CF47 9YB3
£139.9K05/230.35 mi55, Brynheulog Street, Merthyr Tydfil CF47 9YB3
£120K04/210.35 mi40, Brynhyfryd Street, Merthyr Tydfil CF47 9YN3
£125K11/200.35 mi15, Wimbourne Street, Dowlais, Merthyr Tydfil CF48 3SB3
£130K12/200.37 mi4, Winifred Street, Dowlais, Merthyr Tydfil CF48 3SD3
£100K07/230.37 mi27, Winifred Street, Dowlais, Merthyr Tydfil CF48 3SD3
£160K01/230.38 mi35, Williams Place, Merthyr Tydfil CF47 9YH3
£193K07/230.4 mi4, Royal Crescent, Penydarren, Merthyr Tydfil CF47 9LA3
£135K11/200.4 mi22, Brynheulog Street, Merthyr Tydfil CF47 9UY3
£141K02/210.4 mi41, Brynheulog Street, Merthyr Tydfil CF47 9UY3
£175K12/200.42 mi3, Marks Court, Merthyr Tydfil CF47 9UZ3
£118K04/210.43 mi9, Lloyds Terrace, Penydarren, Merthyr Tydfil CF47 9HT3
£125K03/210.44 mi9, Fronwen Terrace, Penydarren, Merthyr Tydfil CF47 9LD3

Local Rents

17 rents from £650/mo to £2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£85012/230.13 mi-3
£85012/230.13 mi-3
£72503/240.2 miAlfred Street, Penydarren, Merthyr Tydfil3
£72503/240.2 miAlfred Street, Penydarren, Merthyr Tydfil3
£79504/240.33 miRegent Street, Dowlais3
£80006/240.35 mi-3
£80005/240.35 miRegent Street, Dowlais, Merthyr Tydfil, CF483
£80005/240.35 miRegent Street, Dowlais, Merthyr Tydfil, CF483
£65003/240.36 miWimbourne Street, Merthyr Tydfil, CF48 3SB3
£87504/250.36 mi-3
£75003/240.42 miChurch Street, Penydarren, Merthyr Tydfil3
£75005/240.44 mi-3
£75003/240.44 miGlendower Street, Dowlais, Merthyr Tydfil, CF483
£80003/240.45 miGlendower Street, Dowlais, MERTHYR TYDFIL3
£92503/250.5 mi-3
£1,98003/250.5 mi-3
£79503/240.58 miHeol Rhyd Y Bedd, Pant3

Local Area Statistics

Population in CF47

21,952

Population in Merthyr Tydfil

48,950

Town centre distance

1.67 miles away

Nearest school

0.20 miles away

Nearest train station

1.35 miles away

 

 

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+48%

Property History

Listed for £55,000

February 13, 2025

Floor Plans

Description

  • GUIDE PRICE - £55,000+ +

Bidding opens Monday 10th March 2025 at Midday and closes Wednesday 12th March 2025 at Midday. Semi Detached House In Need Of Refurbishment Semi detached house over two floors in need of complete refurbishment. The property is located just outside the town of Merthyr Tydfil with good access into the town centre and onwards via the much improved A465 and A470 towards Cardiff. The property benefits from three bedrooms and a driveway leading to a garage with gardens to front and rear. Ground Floor Entrance hall, two reception rooms and a kitchen (not fitted).
First Floor Three bedrooms and a bathroom.
Outside Driveway to a single garage and gardens to front and rear.
VIEWINGS Via Auction House Wales on .
COUNCIL TAX BAND - B Tenure: Freehold EPC Rating: F Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House Wales, Wales

01633 603922

Next Steps?

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