BTL or 2nd Exit Flip secured in a top rental area of Pontypridd!
Figures in Brief
Description
We are pleased to offer to the market this three-bedroom semi-detached property that offers great potential and is located in the popular location of Glyncoch, Pontypridd. The property is only a short distance from Pontypridd town centre and Pontypridd Train Station.
This property is in need of modernisation but has the makings of a great home. The accommodation briefly comprises of Entrance Porch, Lounge, Kitchen/Diner to the first floor are three good size bedrooms and family bathroom. The front of the property is shared access and to the rear is a good size garden.
Information
Status
Comparables
Amazing family home in need of some tender loving care. Centrally located and perfect for Flip or BTL.
3 Bed Properties
Comparable 1 – £120,000
Comparable 2 – £134,950
Comparable 3 – £124,950
Market Data on CF37: ZOOPLA
Average estimated value for a semi detached house in CF37: £148,103
Average sale price in last 12 months £150,502
Properties sold 63
Recent Sales – Zoopla
1 High Street, CF37 3EE, Semi-detached house
Last sale – Feb 2020 – £140,000
2 Graig Street, CF37 1NF, Semi-detached house
Last sale – Dec 2019 – £115,000
Refurb
Refurbishments required as a minimum:
- New Kitchen
- New Bathroom
- 3 x Bedrooms: flooring, walls & ceiling.
- Paint and decorate the house
- New carpet and floors lounge and kitchen
- Garden, front and back, jet wash paving stabs and tidy walls. New walls/fencing for privacy, make the garden ready for use.
Estimated Refurbishment Costs:
£15,000
Please note these are based on average prices from previous projects and would need a firm quotation from a local builder. AI Property Group can provide details builders that we have worked with previously.
Flip Figures (Buy, Refurb, Sell)
BTL Figures (Buy to Let)
Disclaimer: Perform your own Due Diligence. The ROI above is not a guaranteed return and is an indication of the potential based on achieving the relevant figures in all aspect of the purchase, refurbishment and refinance/resale. All figures will be subject to the buyer’s status and market fluctuations.
Area Description
PONTYPRIDD
Pontypridd is both a community and a principal town of Rhondda Cynon Taf, Wales, and is situated 12 miles/19 km north of the Welsh capital city of Cardiff. Pontypridd is often abbreviated to “Ponty” by local residents.
Nestling at the foot of steep, wooded slopes where the River Rhondda joins the River Taff, Pontypridd is a bustling, traditional market town, a place of curiosities and characters which also happens to be home to the 16,000 students of the University of Glamorgan.
CULTURE
Pontypridd really comes alive every Wednesday and Saturday when one of the open-air market fills the streets with rugs and carpets, shoes and shirts, crockery and curtains, leather goods and fancy goods and knick-knacks – bargains galore!
Opera stars Stuart Burrows and Sir Geraint Evans and pop star Tom Jones were all born in the surrounding villages, whilst the Welsh National anthem Hen Wlad fy Nhadau (Land of my Fathers) was composed here in 1856 by Evan James and his son James James – there is a fine memorial to them in Ynysangharad War Memorial Park by sculptor Goscombe John.
Pontypridd is noted for its Old Bridge, a stone construction across the River Taff built in 1756 by William Edwards. This was Edwards’ third attempt, and, at the time of construction, was the longest single-span stone arch bridge in the world.
SCHOOL
- Pontypridd High School in Cilfynydd on the west side of the A4054.
- Hawthorn High School is near the A4054 in Hawthorn (south-east of the town)
- Pontypridd Grammar School for Girls was in Glyntaff Road in Glyntaff.
- Bryn Celynnog Comprehensive School is on Penycoedcae Road in Beddau
- Cardinal Newman RC School is on Dynea Road in Rhydyfelin
- Ysgol Gyfun Garth Olwg is on the A473 in Church Village (south of the town)
- The University of South Wales is in Treforest (south of the town), next to the A473
SPORTS
The town also has strong traditions of sport and culture. Pontypridd Rugby Club is famous the world over, and record points scorer Neil Jenkins has been lovingingly reproduced in the World of Groggs Pottery and Shop, along with celebrities past and present.
Excellent indoor and outdoor facilities exist at the Hawthorn Leisure complex.
TRANSPORT
Car
- Cardiff – 20 mins by car
- Newport – 30 mins by car
- Swansea – 45 mins by car
- Brecon Beacons – 1 hour by car
- Pembrokshire National Park – 1 hour by car
- Bristol – 45 mins by car
The town lies alongside the dual carriageway north-south A470, between Cardiff and Merthyr Tydfil. The A4054, running north and south of the town, was the former main road, and, like the A470, follows the Taff Valley.
Train
Nearest Train Station: Pontypridd Train Station
- Pontypridd to Cardiff – 20 mins
- Cardiff to London – 3 hours by car, 2.5 hours by train
AI Property Group operates in trust with its potential investors. AI Property Group takes no responsibility if deals “fall through” for matters out of our control. It is always highlighted that property investment carries an element of risk and ultimately a deal may not be successful. Therefore deal owners are advised to carry out their own due diligence to confirm for themselves the findings AI Property Group present. AI Property Group has no control of the UK property market prices and investments can be lost or profit margins shortened with the fluctuating market
We offer a complete service from sourcing and finding the right deal, negotiating the price, helping with the finance, organising conveyancing and refurbishments as well as letting and managing your property.
We source, manage and fully transform properties into new homes.
