3 Bed Terraced House, Refurb/BRRR, Merthyr Tydfil, CF48 2BD, £115,000

Edward Street, Pant, Merthyr Tydfil, CF48 2BD - 11 days ago

Refurb/BRRR
Planning
ROI: 3%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£66.5K - £275K
Sold Prices/m²£842/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£118,450
BMV3%

 

 

End Value (After Refurb)

£143,560

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Refurb Costs

£38,000

Bridging Loan Interest

£3,019

Total Cash In

£78,469

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£143,560

Mortgage (After Refinance)

£107,670

Mortgage LTV

75%

Cash Released

£21,420

Cash Left In

£57,049

Equity

£35,890

Rent Range

£650 - £1,980

Rent Estimate

£848

Running Costs/mo

£638

Cashflow/mo

£210

Cashflow/yr

£2,517

ROI

3%

Gross Yield

9%

Local Sold Prices

50 sold prices from £66.5K to £275K, average is £125K. £842/m² to £3.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£93K11/200.02 mi65, Gwladys Street, Pant, Merthyr Tydfil CF48 2AT3
£100K03/210.02 mi53, Gwladys Street, Pant, Merthyr Tydfil CF48 2AT3
£145K07/230.04 mi62, Gwladys Street, Pant, Merthyr Tydfil CF48 2AU3
£130K12/220.04 mi2, Gwladys Street, Pant, Merthyr Tydfil CF48 2AU3
£128K11/220.04 mi66, Gwladys Street, Pant, Merthyr Tydfil CF48 2AU3
£76.5K07/210.08 mi53, Glanmorlais, Pant, Merthyr Tydfil CF48 2AY3
£180K04/210.12 mi58, Brecon Rise, Pant, Merthyr Tydfil CF48 2EE3
£180K11/200.12 mi59, Brecon Rise, Pant, Merthyr Tydfil CF48 2EE3
£230K03/230.13 mi75, Brecon Rise, Pant, Merthyr Tydfil CF48 2EF3
£173K09/210.15 mi75, Brecon Rise, Pant, Merthyr Tydfil CF48 2EF3
£180K12/220.15 mi85, Brecon Rise, Pant, Merthyr Tydfil CF48 2EF3
£125K12/200.15 mi98, Brecon Rise, Pant, Merthyr Tydfil CF48 2EF3
£122K05/210.16 mi15, Queen Street, Pant, Merthyr Tydfil CF48 2AE3
£66.5K06/210.2 mi14, New Houses, Pant, Merthyr Tydfil CF48 2AB3
£87.5K04/210.2 mi11, New Houses, Pant, Merthyr Tydfil CF48 2AB3
£270K03/210.27 mi18, The Hawthorns, Pant, Merthyr Tydfil CF48 2EJ3
£131K05/210.28 mi66, The Hafod, Pant, Merthyr Tydfil CF48 2ED3
£109K02/210.32 mi28, Rhodfar Pant, Pant, Merthyr Tydfil CF48 2DG3
£68.5K10/200.37 mi4, Jones Street, Dowlais, Merthyr Tydfil CF48 3NS3
£132K07/230.38 mi30, Heol-y-bryniau, Pant, Merthyr Tydfil CF48 2DL3
£121K03/210.38 mi15, Houlson Street, Dowlais, Merthyr Tydfil CF48 3NW3
£168.5K10/220.43 mi16, Heol Bonymaen, Pant, Merthyr Tydfil CF48 2DN3
£115K07/210.43 mi1, Heol Rhyd Y Bedd, Pant, Merthyr Tydfil CF48 2DR3
£125K07/210.47 mi1, Pant Terrace, Dowlais, Merthyr Tydfil CF48 3SL3
£110K12/200.57 mi4a, Libanus Street, Dowlais, Merthyr Tydfil CF48 3RS3
£130K12/200.6 mi4, Winifred Street, Dowlais, Merthyr Tydfil CF48 3SD3
£100K07/230.6 mi27, Winifred Street, Dowlais, Merthyr Tydfil CF48 3SD3
£125K11/200.63 mi15, Wimbourne Street, Dowlais, Merthyr Tydfil CF48 3SB3
£120K10/210.63 mi37, Muriel Terrace, Dowlais, Merthyr Tydfil CF48 3PB3
£275K12/220.66 mi3a, Winifred Street, Dowlais, Merthyr Tydfil CF48 3SD3
£92K11/200.71 mi19, Blanche Street, Dowlais, Merthyr Tydfil CF48 3PE3
£107K04/230.74 mi41, Station Terrace, Dowlais, Merthyr Tydfil CF48 3PU3
£110K07/230.74 mi23, Station Terrace, Dowlais, Merthyr Tydfil CF48 3PU3
£270K07/230.74 miMeriel, Rocky Road, Penydarren, Merthyr Tydfil CF47 9JN3
£165K08/220.76 mi63, Haydn Terrace, Merthyr Tydfil CF47 9YJ3
£145K03/230.78 mi37, Balaclava Road, Dowlais, Merthyr Tydfil CF48 3BS3
£118K08/220.78 mi35, Rocky Road, Penydarren, Merthyr Tydfil CF47 9JL3
£185K07/210.79 mi28, Azalea Park, Merthyr Tydfil CF48 3HD3
£215K09/210.82 mi3, Dennithorne Close, Merthyr Tydfil CF48 3HE3
£255K12/200.83 mi6, Calluna Close, Merthyr Tydfil CF48 3HF3
£134K08/210.84 mi4, Mitchell Crescent, Merthyr Tydfil CF47 9JB3
£115K07/210.85 mi37, Bryn Carwyn, Dowlais, Merthyr Tydfil CF48 3DY3
£115K01/210.85 mi2, Bryn Carwyn, Dowlais, Merthyr Tydfil CF48 3DY3
£85K11/220.86 mi32, Mitchell Crescent, Merthyr Tydfil CF47 9JD3
£105K08/210.86 mi44, Blaen Dowlais, Dowlais, Merthyr Tydfil CF48 3RB3
£133K03/230.87 mi34, Roberts Avenue, Merthyr Tydfil CF47 9JJ3
£125K08/230.9 mi3, Edgar Street, Merthyr Tydfil CF47 9TX3
£112K11/220.9 mi8, Edgar Street, Merthyr Tydfil CF47 9TX3
£145K08/220.9 mi73, Mitchell Crescent, Merthyr Tydfil CF47 9JF3
£90K02/210.93 mi11, Alfred Street, Merthyr Tydfil CF47 9SX3

Local Rents

19 rents from £650/mo to £2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£75003/240.38 miDavies St, Dowlais, Merthyr Tydfil, CF48 3NR3
£77505/240.38 miDavies St, Dowlais, Merthyr Tydfil, CF48 3NR3
£79503/240.43 miHeol Rhyd Y Bedd, Pant3
£92503/250.55 mi-3
£1,98003/250.55 mi-3
£80003/240.55 miGlendower Street, Dowlais, MERTHYR TYDFIL3
£75003/240.57 miGlendower Street, Dowlais, Merthyr Tydfil, CF483
£75005/240.57 mi-3
£87504/250.63 mi-3
£65003/240.63 miWimbourne Street, Merthyr Tydfil, CF48 3SB3
£80006/240.71 mi-3
£80005/240.71 miRegent Street, Dowlais, Merthyr Tydfil, CF483
£80005/240.71 miRegent Street, Dowlais, Merthyr Tydfil, CF483
£79504/240.71 miRegent Street, Dowlais3
£72503/240.93 miAlfred Street, Penydarren, Merthyr Tydfil3
£72503/240.93 miAlfred Street, Penydarren, Merthyr Tydfil3
£85012/230.95 mi-3
£85012/230.95 mi-3
£75003/241.17 miChurch Street, Penydarren, Merthyr Tydfil3

Local Area Statistics

Population in CF48

26,996

Population in Merthyr Tydfil

48,950

Town centre distance

2.28 miles away

Nearest school

0.20 miles away

Nearest train station

2.21 miles away

 

 

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £115,000

April 1, 2025

Description

  • SPACIOUS MIDDLE TERRACED HOUSE +
  • SITUATE IN SIDE STREET LOCATION +
  • IN POPULAR VILLAGE COMMUNITY +
  • CLOSE TO LOCAL SCHOOLS & AMENITIES +
  • SCOPE TO UP-GRADE & FIT TO YOUR OWN SPECIFICATION +
  • 3 BEDROOMS +
  • POTENTIAL TO CREATE OFF ROAD PARKING +
  • COUNCIL TAX BAND B +
  • AWAITING ENERGY RATING +
  • NO ONWARD CHAIN +

Offered for sale this larger style middle terraced house, offering spacious accommodation with
3 double bedrooms over the first and second floor. The property does require further upgrading and modernisation works giving the opportunity to refit & finish to your own specification; An ideal first time purchase or investment for the rental market with a higher potential value. The rear road/lane could allow for a garage or off street parking as seen with the neighbouring properties.

Situated in the popular residential area of Pant, a side street with local schools & other amenities close by, there is easy access to the major road network at the A465/A470. No onward chain.

GROUND FLOOR
ENTRANCE HALL
UPVC double glazed entrance door, staircase to first floor.

LOUNGE 4m x 3m

LIVING ROOM 3.7m x 3.4M

KITCHEN 3.7m x 2.6m
Various units, tiled floor, part tiled walls.

WET ROOM/WC.
White suite, PVC clad walls, walk-in shower with electric shower.

FIRST FLOOR
NUMBER 1 BEDROOM 4.8m x 2.9m
Twin windows.

NUMBER 2 BEDROOM 3.4m x 2.9m
Combination boiler.

SECOND FLOOR
NUMBER 3 BEDROOM 4.8m x 3.6m

OUTSIDE
Rear yard area to garden. Rear lane access
(potential to create off road parking, subject to the relevant Planning Permissions)

SERVICES
All Mains Services, Gas Central Heating. UPVC Double Glazing as fitted.
Note. Central Heating, Services & appliances should be confirmed upon viewing. These are not tested by our office.

TENURE
Advised Freehold.

COUNCIL TAX BAND B

Agent Details

Derek B Phillips, Merthyr Tydfil

01685 701303

Next Steps?

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

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