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2 Bed Terraced House, Refurb/BRRR, Merthyr Tydfil, CF48 3RR £65,000

Spring Street, Dowlais, CF48 3RR - 1 views - 4 days ago
  1. Deal Search
  2. Merthyr Tydfil
  3. CF48
  4. CF48 3RR
Cash
Refurb/BRRR
ROI: 5%
~68 m²

ValuationUndervalued

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Links

  • More Deals in Merthyr Tydfil
  • More Deals in CF48
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  • More Refurb/BRRR Deals in Merthyr Tydfil
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Property History

Listed for £65,000

December 9, 2025

Sold for £45,500

2014

Sold for £25,000

1999

Sold for £5,250

1997

Floor Plans

Description

Turn Key Investment Opportunity – Requires Modernisation Introducing Spring Street – a two bedroom mid terrace house in an established residential area requiring modernisation, currently with a sitting tenant in place. This property presents a compelling opportunity for an investor looking to refurbish and reposition for enhanced rental yield or future capital appreciation. Location: Nestled in a popular residential district with strong rental demand, close to local amenities, transport links and well regarded schools. The area combines commuter ease with long term value growth indicators. Nearby schooling and catchment opportunities support both letting and resale markets. The Property: The house is currently let to a sitting tenant, providing immediate income whilst modernisation works can be planned and executed. The accommodation is designed as a two bedroom mid terrace with potential to re configure and upgrade finishes, services and fixtures to deliver a contemporary product. Whilst it requires investment to bring it up to modern letting standards, the fundamentals are very much in place — tenant in situ, core structure retained, and location proven. Investment Highlights:

  • Existing rental income allows cash flow from day one, with limited void risk during refurbishment.

  • Modernisation potential: by upgrading kitchens, bathrooms, décor and efficiencies (heating, insulation, smart controls) the property can move into a higher yield tier or attract higher quality tenants.

  • Location benefits: proximity to commuter routes, local amenities, schools and growing demand for rental properties support both immediate letting and long term capital growth.

  • Sitting tenant: Offers security and continuity of income, which may appeal to investors seeking lower risk assets.

  • Value add play: With investment, there is scope to unlock uplift in rent and capital value, enhancing overall return on cost.

Considerations: The property requires refurbishment budget and works will need planning around the current tenancy. A schedule of works should be drawn up, and budgets and timing aligned with the tenant situation. Market conditions, local rental comparables and build cost forecasts should be reviewed to ensure refurbishment leads to the targeted value uplift. Summary: For the investor willing to plan and execute the upgrade, Spring St offers a secure let in place base with the upside of modernisation and strong location fundamentals. With the right works and tenant management, this could become a robust long term income generating asset and capital growth vehicle.

EPC Rating: D

Agent Details

M&P Property Management, Blackwood

01495 367870

Next Steps?

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

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