4 Bed Semi-Detached House, Refurb/BRRR, Merthyr Tydfil, CF47 0ET, £260,000

The Parade, Merthyr Tydfil, CF47 0ET - 1 views - 17 days ago

Refurb/BRRR
~129 m²
+10 photos

ValuationFair Value

Sold Prices£88K - £450K
Sold Prices/m²£926/m² - £2.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2K/m²

Value Estimate

£260,438

 

 

End Value (After Refurb)

£191,155

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£52,654

Bridging Loan Interest

£6,825

Total Cash In

£140,929

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£191,155

Mortgage (After Refinance)

£143,366

Mortgage LTV

75%

Cash Left In

£140,929

Equity

£47,789

Rent Range

£650 - £750,173

Rent Estimate

£800

Running Costs/mo

£777

Cashflow/mo

£23

Cashflow/yr

£272

ROI

0%

Gross Yield

4%

Local Sold Prices

30 sold prices from £88K to £450K, average is £247.5K. £926/m² to £2.6K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£210K01/230.14 miSpringhill, Bryntirion Road, Merthyr Tydfil CF47 0ER4
£170K12/220.23 mi9, Arfryn Terrace, Merthyr Tydfil CF47 0PP4
£282K10/220.23 mi16, Blaenau'r Cwm, Merthyr Tydfil CF47 0JD4
£220K10/200.27 mi5, Dan Y Parc View, Incline Top, Merthyr Tydfil CF47 0GF4
£225K05/210.3 mi5, Clos Cwm Golau, Merthyr Tydfil CF47 0JA4
£279.9K09/210.36 mi19, Glynmil Close, Merthyr Tydfil CF47 0GE4
£310K04/220.36 mi16, Glynmil Close, Merthyr Tydfil CF47 0GE4
£290K12/220.4 mi11, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£172K03/230.41 mi4, Park Terrace, Merthyr Tydfil CF47 8RF4
£255K06/210.42 mi15, Hawthorn Drive, Merthyr Tydfil CF47 0LZ4
£242K03/220.43 mi11, Hawthorn Drive, Merthyr Tydfil CF47 0LZ4
£105K07/230.43 mi46, Trevethick Street, Merthyr Tydfil CF47 0HX4
£226K10/200.44 mi1, Cedar Close, Merthyr Tydfil CF47 0LX4
£280K06/210.44 mi16, Cedar Close, Merthyr Tydfil CF47 0LX4
£275K05/220.44 mi3, Cedar Close, Merthyr Tydfil CF47 0LX4
£220K02/210.46 mi12, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£315K08/220.48 mi28, Oak Tree Rise, Merthyr Tydfil CF47 0SN4
£345K06/230.51 miBrydon Bungalow, Incline Top, Merthyr Tydfil CF47 0TJ4
£172K10/210.55 mi25, The Avenue, Merthyr Tydfil CF47 8YT4
£250K08/230.55 mi27, The Avenue, Merthyr Tydfil CF47 8YT4
£245K07/230.57 mi18, Lancaster Terrace, Merthyr Tydfil CF47 8SL4
£450K12/220.59 mi2, The Grove, Merthyr Tydfil CF47 8YR4
£235K12/200.59 mi14, The Grove, Merthyr Tydfil CF47 8YR4
£440K11/220.63 miMaesynant, Grove Park, Merthyr Tydfil CF47 8HX4
£88K03/210.65 mi32, Woodland Walk, Merthyr Tydfil CF48 1AQ4
£278K11/210.67 mi16, St Marys Close, Merthyr Tydfil CF47 8YS4
£230K11/220.67 mi21, Milbourne Close, Merthyr Tydfil CF47 0UH4
£345K06/230.73 mi4, Meyrick Villas, Merthyr Tydfil CF47 8PX4
£98K12/220.86 mi13, Brynhyfryd Street, Merthyr Tydfil CF47 9YN4
£297.5K05/220.89 miDarn O Dir, Gwaunfarren Road, Merthyr Tydfil CF47 9AP4

Local Rents

14 rents from £650/mo to £750.2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£80003/240.22 miAlma Street, Merthyr Tydfil, 3
£85009/230.24 mi-3
£89504/250.24 mi-3
£72505/240.27 miBryn Street, Twynyrodyn3
£77503/240.28 miDyke Street, Merthyr Tydfil3
£75003/240.29 miTramroad Terrace, Merthyr Tydfil3
£1,00003/240.32 miTrevithick Garden, Merthyr Tydfil, CF47 0RP3
£75003/240.39 miBaden Terrace, MERTHYR TYDFIL3
£85005/230.41 mi-3
£750,17311/230.43 miTrevethick Street, Merthyr Tydfil, CF47 0HX3
£87502/240.48 mi-3
£85003/240.54 miClare Street, MERTHYR TYDFIL3
£72502/250.57 mi-3
£65003/240.62 miDane Street, Merthyr Tydfil3

Local Area Statistics

Population in CF47

21,952

Population in Merthyr Tydfil

48,950

Town centre distance

0.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+48%

Property History

Listed for £260,000

March 26, 2025

Floor Plans

Description

  • Council Tax Band D +
  • No onward chain +
  • Close to Thomastown Park +
  • Beautiful family home +
  • Garage to the rear +
  • Set over three floors +

SUMMARY
This semi-detached house, located near Thomastown Park, offers a unique opportunity for investors or families set over three floors, four bedrooms, three reception rooms, garage, garden, and original features, all set in a sought-after area with convenient access to transport links and amenities.

DESCRIPTION
A beautiful, semi-detached house for sale, located in a sought-after location, close to Thomastown Park. Boasting proximity to public transport links, local amenities, nearby schools, and walking routes, this property offers convenience and lifestyle in equal measure. Being sold with no onward chain.

The house itself is a unique property, set over three floors, and while it requires some modernisation, it represents an excellent opportunity for investors or families who are keen to put their stamp on their new home. Among its many original features are a single garage and a garden, providing plenty of outdoor space for relaxation and entertainment. An additional shed and an outside toilet add to the property's utility factor.

The property comprises of four generous bedrooms. A touch of charm is added by the home's three reception rooms, two of which include fireplaces. The first reception room boasts a large bay window, offering a bright and spacious area for hosting or simply unwinding. The second reception room provides a tranquil view of the garden, creating a serene atmosphere. The third reception room features a convenient W.C. The house includes a single kitchen, offering potential for the new owners to remodel it to their taste. With one bathroom, the property has ample facilities to accommodate a family.

Viewing highly recommended.

Ground Floor  

Hall 

Sitting Room 10' 9" Plus Bay Window x 17' 2" Max ( 3.28m Plus Bay Window x 5.23m Max )

Living Room 15' 1" Max x 11' 1" Max ( 4.60m Max x 3.38m Max )

Dining Room 8' 4" Max x 10' 9" Max ( 2.54m Max x 3.28m Max )

W.C. 

Kitchen 6' 2" Max x 10' Max ( 1.88m Max x 3.05m Max )

Porch 

 

First Floor 

Landing  

Bedroom 1 11' 4" Max x 17' 9" Max ( 3.45m Max x 5.41m Max )

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

Bedroom 3 12' 7" Max x 11' 4" Max ( 3.84m Max x 3.45m Max )

Bathroom 

 

Second Floor 

Landing 

Bedroom 4 
Restricted head height.

 

Outside 

Garage  18' 5" Max x 10' 4" Max ( 5.61m Max x 3.15m Max )

Shed  

Toilet 

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?

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