3 Bed Terraced House, Refurb/BRRR, Merthyr Tydfil, CF48 4ER, £70,000

Queens Terrace, Troedyrhiw, Merthyr Tydfil, CF48 4ER - 4 views - 19 days ago

Auction
Refurb/BRRR
ROI: 4%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£59K - £168K
Sold Prices/m²£776/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£72,100
BMV3%

 

 

End Value (After Refurb)

£117,208

Uplift in Value

+67%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Refurb Costs

£38,000

Bridging Loan Interest

£1,838

Total Cash In

£63,788

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£117,208

Mortgage (After Refinance)

£87,906

Mortgage LTV

75%

Cash Released

£35,406

Cash Left In

£28,382

Equity

£29,302

Rent Range

£600 - £600,138

Rent Estimate

£775

Running Costs/mo

£541

Cashflow/mo

£234

Cashflow/yr

£2,805

ROI

4%

Gross Yield

13%

Local Sold Prices

28 sold prices from £59K to £168K, average is £112.5K. £776/m² to £1.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£105K11/210 mi2, Queens Terrace, Troedyrhiw, Merthyr Tydfil CF48 4ER3
£115K12/200.03 mi7, Carlton Terrace, Troedyrhiw, Merthyr Tydfil CF48 4EP3
£95K11/200.03 mi8, Carlton Terrace, Troedyrhiw, Merthyr Tydfil CF48 4EP3
£137.5K02/230.03 mi3, Angus Street, Troedyrhiw, Merthyr Tydfil CF48 4EU3
£110K02/210.12 miRhun Cottage, Glantaff Road, Troedyrhiw, Merthyr Tydfil CF48 4EH3
£143.5K01/230.17 mi46, Yew Street, Troedyrhiw, Merthyr Tydfil CF48 4EE3
£107K11/220.17 mi68, Yew Street, Troedyrhiw, Merthyr Tydfil CF48 4EE3
£117.5K01/210.19 mi4, Poplar Street, Troedyrhiw, Merthyr Tydfil CF48 4EF3
£100K11/200.2 mi21, Poplar Street, Troedyrhiw, Merthyr Tydfil CF48 4EF3
£117K01/210.24 mi7, Brynhyfryd Villas, Troedyrhiw, Merthyr Tydfil CF48 4LG3
£87K12/210.25 mi21, Wyndham Street, Troedyrhiw, Merthyr Tydfil CF48 4JY3
£125K07/210.26 mi11, Woodlands, Troedyrhiw, Merthyr Tydfil CF48 4LS3
£123K07/210.28 mi29, Fernleigh Terrace, Troedyrhiw, Merthyr Tydfil CF48 4LR3
£60K12/220.41 mi15, Kimberley Place, Troedyrhiw, Merthyr Tydfil CF48 4JF3
£120K06/210.41 mi11, Pembroke Street, Troedyrhiw, Merthyr Tydfil CF48 4JE3
£105K12/220.42 mi29, Rhodfa Terrace, Troedyrhiw, Merthyr Tydfil CF48 4JG3
£155K02/230.45 mi10, Tydfil Terrace, Troedyrhiw, Merthyr Tydfil CF48 4JB3
£110K01/210.46 mi36, Brookfield Terrace, Troedyrhiw, Merthyr Tydfil CF48 4HZ3
£165K05/230.48 mi3, Willow Terrace, Troedyrhiw, Merthyr Tydfil CF48 4HY3
£163K11/220.65 mi11, Pantglas Fawr, Aberfan, Merthyr Tydfil CF48 4TH3
£168K03/230.77 mi3, Orchard Close, Aberfan, Merthyr Tydfil CF48 4TF3
£80K06/210.78 mi10, Ynys Y Gored Road, Aberfan, Merthyr Tydfil CF48 4QF3
£92.5K01/210.92 mi7, Rhydfach, Pentrebach, Merthyr Tydfil CF48 4DJ3
£151K06/230.95 mi9, Hafod Street, Pentrebach, Merthyr Tydfil CF48 4DQ3
£100K11/200.95 mi3, Hafod Street, Pentrebach, Merthyr Tydfil CF48 4DQ3
£115K03/230.97 mi6, Arthur Street, Pentrebach, Merthyr Tydfil CF48 4DG3
£109K03/210.99 mi11, Barrington Street, Aberfan, Merthyr Tydfil CF48 4QX3
£59K08/230.99 mi4, Penlan Street, Pentrebach, Merthyr Tydfil CF48 4DE3

Local Rents

11 rents from £600/mo to £600.1K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£600,13811/230.18 miPleasant View, Troedyrhiw, Merthyr Tydfil3
£60011/230.18 miPleasant View, Troedyrhiw, Merthyr Tydfil3
£75003/240.18 miNantycoed3
£77503/240.32 miChapel Street, Troedyrhiw, MERTHYR TYDFIL3
£75003/240.88 miPantglas Road, Aberfan, Merthyr Tydfil3
£70005/240.98 miCardiff Road, Troedyrhiw, Merthyr Tydfil3
£85003/241.05 miDuffryn Fawr, Pentrebach3
£89510/241.07 mi-3
£77503/231.14 mi-3
£95003/251.18 mi-3
£75004/241.24 miAberfan Crescent, Merthyr Tydfil3

Local Area Statistics

Population in CF48

26,996

Population in Merthyr Tydfil

48,950

Town centre distance

2.19 miles away

Nearest school

0.20 miles away

Nearest train station

0.24 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £70,000

March 24, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Council Tax Band +
  • No onward chain +
  • Set over three floors +
  • Elevated position with scenic views +
  • Close to local amenities and transport links +

SUMMARY
This charming terraced house, ideal for first-time buyers, families, and investors, offers three bedrooms, excellent transport links, and a garden, and although it requires modernisation, in a convenient location with no onward chain.

DESCRIPTION
We are pleased to present this charming terraced house for sale. Despite requiring some modernisation, this property offers a world of potential and is a fantastic opportunity for first-time buyers, families, and investors.The property is available with no onward chain.

The property comprises three substantial bedrooms, a family bathroom, a kitchen, and a two reception rooms. One of the unique features of this property is its elevated position boasting beautiful views. Additionally, it boasts a garden that can be a perfect spot for outdoor relaxation or a safe playground for children.

The location of the property is extremely advantageous. It benefits from excellent public transport links, ideal for commuting. Furthermore, the property is situated close to local schools, making it an ideal home for families. Local amenities are within easy reach, providing all the essentials right at your doorstep.

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.

Hallway 

Reception 1 9' 5" Max x 11' 4" Max ( 2.87m Max x 3.45m Max )

Reception 2 11' 4" Max x 12' 4" Max ( 3.45m Max x 3.76m Max )

Kitchen 6' 8" Max x 13' 4" Max ( 2.03m Max x 4.06m Max )

Bathroom 

Landing 

Bedroom 3 9' 9" Max x 14' 1" Max ( 2.97m Max x 4.29m Max )

Bedroom 2 11' 1" Max x 8' 2" Max ( 3.38m Max x 2.49m Max )

Bedroom 1 12' 1" Max x 13' 7" Max ( 3.68m Max x 4.14m 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, Merthyr Tydfil

01685 701136

Next Steps?

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