2 Bed Terraced House, Refurb/BRRR, Mountain Ash, CF45 4RP, £90,000

Wood Road, Abercynon, CF45 4RP - 2 years ago

Sold STC
Cash
Refurb/BRRR
ROI: 6%
~68 m²
+10 photos

ValuationFair Value

Sold Prices£44K - £245K
Sold Prices/m²£604/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£90,000

 

 

End Value (After Refurb)

£97,682

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£27,830

Bridging Loan Interest

£2,363

Total Cash In

£60,143

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£97,682

Mortgage (After Refinance)

£73,262

Mortgage LTV

75%

Cash Released

£5,762

Cash Left In

£54,381

Equity

£24,421

Rent Range

£495 - £900,208

Rent Estimate

£775

Running Costs/mo

£480

Cashflow/mo

£295

Cashflow/yr

£3,537

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £44K to £245K, average is £128.5K. £604/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£55K04/210.07 mi10, Aberdare Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4NY2
£136K06/230.12 mi22, Herbert Street, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4RH2
£92K02/210.2 mi56, Cardiff Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4PN2
£105K10/200.23 mi37, Mountain Ash Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4PY2
£60K04/220.23 mi24, Mountain Ash Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4PY2
£80K05/210.23 mi7, River Row, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4TD2
£151K10/230.39 mi9, Grovers Field, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4PP2
£115K08/210.45 mi63, Abercynon Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4NG2
£129K12/220.45 mi69, Abercynon Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4NG2
£183K04/210.5 mi53, Grovers Field, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4PQ2
£180K07/210.5 mi78, Grovers Field, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4PQ2
£140K10/220.58 mi56, Lock Street, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4UH2
£125K09/230.66 mi41, Jenkin Street, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4UL2
£75K12/220.69 mi89, Abercynon Road, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4NE2
£125K02/211 mi31, Ynys Hir, Coed Y Cwm, Pontypridd, Rhondda Cynon Taff CF37 3JF2
£110K11/221.13 mi99, Avondale Street, Abercynon, Mountain Ash, Rhondda Cynon Taff CF45 4AJ2
£158K02/211.2 mi26, Cardiff Road, Quakers Yard, Treharris, Merthyr Tydfil CF46 5DU2
£95K02/211.23 mi23, Millers Row, Treharris, Merthyr Tydfil CF46 5DR2
£175K09/211.23 mi3, Zoar Terrace, Treharris, Merthyr Tydfil CF46 5DH2
£220K06/211.25 mi33, Taff Vale Estate, Edwardsville, Treharris, Merthyr Tydfil CF46 5NJ2
£63K06/231.29 mi134, Robert Street, Ynysybwl, Pontypridd, Rhondda Cynon Taff CF37 3EA2
£85K02/211.29 mi6, Cribbyn Ddu Street, Ynysybwl, Pontypridd, Rhondda Cynon Taff CF37 3EW2
£130K08/211.32 mi30, Thompson Villas, Ynysybwl, Pontypridd, Rhondda Cynon Taff CF37 3EL2
£110K07/211.34 mi42, Augustus Street, Ynysybwl, Pontypridd, Rhondda Cynon Taff CF37 3LH2
£137K05/231.37 mi33, Cefn Close, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3PR2
£135K12/201.37 mi50, Cefn Close, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3PR2
£118K04/211.38 mi5, Hilltop Close, Treharris, Merthyr Tydfil CF46 5BP2
£128K03/211.42 mi67, Westwood Drive, Quakers Yard, Treharris, Merthyr Tydfil CF46 5BL2
£132.5K05/211.46 mi32, Richard Street, Pontypridd, Rhondda Cynon Taff CF37 4NP2
£138K06/231.47 mi72, William Street, Pontypridd, Rhondda Cynon Taff CF37 4EH2
£245K03/211.53 miHighfields, Pentwyn Road, Treharris, Merthyr Tydfil CF46 5BS2
£125K02/231.53 mi270, Garth Avenue, Glyncoch, Pontypridd, Rhondda Cynon Taff CF37 3AE2
£100K09/211.58 mi37, Cilfynydd Road, Pontypridd, Rhondda Cynon Taff CF37 4NH2
£185K12/201.59 mi70, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PN2
£135K10/211.6 mi12, Conway Close, Pontypridd, Rhondda Cynon Taff CF37 3AW2
£167K04/211.61 mi7, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PJ2
£44K12/201.61 mi12, Cardiff Road, Treharris, Merthyr Tydfil CF46 5EY2
£215K01/231.61 mi100, The Hollies, Quakers Yard, Treharris, Merthyr Tydfil CF46 5PP2
£152.5K01/231.62 mi13, Llwyncelyn Terrace, Nelson, Treharris, Caerphilly CF46 6HF2
£65K10/231.64 mi103, Pentwyn Avenue, Mountain Ash, Rhondda Cynon Taff CF45 4YE2
£87.5K09/211.68 mi10, Victoria Street, Treharris, Merthyr Tydfil CF46 5LL2
£212K02/231.71 mi76, Ty Llwyd Parc, Quakers Yard, Treharris, Merthyr Tydfil CF46 5LB2
£87K12/221.73 mi6, Spencer Place, Treharris, Merthyr Tydfil CF46 5RA2
£160K04/211.73 mi99b, Bryncelyn, Nelson, Treharris, Caerphilly CF46 6HL2
£190K12/221.75 mi133, High Street, Nelson, Treharris, Caerphilly CF46 6HB2
£94K01/231.78 mi22, Edward Street, Treharris, Merthyr Tydfil CF46 5LF2
£122.5K04/211.8 mi23, Oakland Terrace, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4HB2
£165K02/211.83 mi10, Lon Y Llwyn, Nelson, Treharris, Caerphilly CF46 6HU2
£128K05/231.89 mi14, Heol Nant, Cilfynydd, Pontypridd, Rhondda Cynon Taff CF37 4HF2
£210K11/221.89 mi43, Lon Y Celyn, Nelson, Treharris, Caerphilly CF46 6HT2

Local Rents

50 rents from £495/mo to £900.2K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£77504/240.09 mi-3
£77503/250.09 mi-3
£77503/240.11 miGertrude Street, Abercynon, Mountain Ash3
£80001/240.12 mi-3
£65002/240.14 mi-3
£55012/240.15 miMargaret Street, Abercynon, MOUNTAIN ASH1
£80003/240.16 miHerbert Street, Abercynon, Mountain Ash3
£80001/240.18 mi-3
£55003/240.19 miMargaret Street, Abercynon, MOUNTAIN ASH1
£55004/240.21 miYnysmeurig Road, Abercynon, Mountain Ash1
£79503/240.27 miTaff Terrace, Abercynon, Mountain Ash4
£50002/250.41 mi-2
£82503/240.42 miMountain Ash Road, Abercynon, Mountain Ash3
£90003/240.66 miKing Street, Abercynon, MOUNTAIN ASH3
£85003/240.69 miAbercynon Road, Abercynon3
£85001/250.73 mi-3
£79502/250.73 mi-3
£75003/240.81 miAbercynon Road, Abercynon3
£82503/241.06 miCross Street, Abercynon, Mountain Ash3
£72007/231.15 mi-2
£525,12111/231.18 miMillers Row, Treharris2
£80005/241.2 miMain Road, Abercynon, Mountain Ash3
£60011/231.23 miLeigh Terrace, Quakers Yard Treharris3
£72512/241.24 miGlyn-Mynach Street, Ynysybwl3
£49512/241.26 mi-1
£60012/241.28 miClydach Terrace, Ynysybwl, PONTYPRIDD2
£72512/241.29 mi-3
£82512/241.29 mi-3
£75009/231.31 mi-3
£59512/241.36 miThe Avenue, Edwardsville2
£95012/241.37 miForest Grove, Edwardsville, Treharris, CF46 5NG2
£95009/231.41 mi-3
£80012/241.46 miRichard Street, PONTYPRIDD2
£650,15011/231.46 miNant-Ddu Terrace, Edwardsville, Treharris3
£90012/241.47 miWilliam Street, PONTYPRIDD3
£95012/241.47 miWestfield Road, Glyncoch, Pontypridd3
£62512/241.48 mi-3
£49511/231.53 miFirst Floor Flat C Dan-y-Twyn, Treharris1
£75008/241.54 mi-3
£95009/241.57 mi-3
£70003/241.58 miPentwyn Avenue, Mountain Ash3
£1,80012/241.62 miHazeldene, Pentwyn Road, Nelson, Treharris4
£900,20811/231.62 miTy Llwyd Parc Estate, Quakers Yard, Treharris3
£69512/241.63 miBuarth-Y-Capel Ynysybwl CF37 3PA3
£60012/241.65 miTy Llwyd Parc Estate, Treharris2
£65012/241.67 mi-3
£75012/241.68 mi-3
£75008/241.69 mi-3
£79512/241.7 mi-3
£67512/241.74 mi-2

Local Area Statistics

Population in CF45

19,548

Town centre distance

3.07 miles away

Nearest school

0.30 miles away

Nearest train station

0.18 miles away

 

 

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+53%

Property History

Listed for £90,000

February 16, 2023

Floor Plans

Description

  • Three bedrooms +
  • Mid Terrace +
  • Two Reception Rooms +
  • Shower room and bathroom +
  • No Chain +
  • Cash Purchase Only +

This two bed mid terraced property in need of modernising and has the potential to be transformed in to a three bed property.

On the ground floor there are two reception rooms, kitchen, utility room and shower room.
On the first floor there is access to the two bedrooms and a good size family bathroom.

There is a front forecourt and a rear garden. The property is close to the Abercynon train station, schools and local shops. It is being sold with NO CHAIN and will be for CASH BUYERS ONLY.

Agent Details

Darlows, Pontypridd

01443 706647

Next Steps?

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