Great entry level Flip or BTL in Mountain Ash
Figures in Brief
Description
A lovely 2 end of terrace property situated in the idyllic village of Aberaman, Mountain Ash.
With a large entrance hallway on the ground floor, this property has benefited from 2 extensions at the back of the property. To the left is space for a utility room and to the right is the bathroom. The kitchen is large and separate from the lounge/dinner with 2 bedrooms upstairs provide ample living space.
There is a small loft conversion, which in keeping with the property, is in need of modernisation.
Situated close to road and rail links, it is in a very desirable area.
Information
Status
Comparables
Lovely little 2 bed property in an idyllic setting looking for some much needed attention.
Comparable 1 – £102,000 – Sold STC (£107,500)
Comparable 2 – £95,000 – Sold STC (£109,000) – no parking
Spoken to 3 estate agents that all tell me the demand for stylish terrace houses in Aberaman, close to Mountain Ash and Aberdare is high.
This property has a large garden and off road parking.
PROPERTY DATA – SOLD IN 2020 – 2 BED TERRACED
| DATE | ADDRESS | POSTCODE | TYPE | PRICE | DISTANCE |
| 7/17/20 | 32, Pendarren Street | CF44 7PE | Terraced | £118,000 | 0.23mi |
| 6/26/20 | 9, Jenkin Street | CF44 7LS | Terraced | £110,000 | 0.25mi |
| 5/15/20 | 6, Clifton Court | CF44 7PD | Terraced | £115,000 | 0.27mi |
| 3/31/20 | 30, Tanybryn Street | CF44 7NB | Terraced | £120,000 | 0.18mi |
| 3/6/20 | 16, Glannant Street | CF44 7LR | Terraced | £141,000 | 0.24mi |
As you can see there are some great examples here of properties that are well done up reaching excellent numbers.
Refurb
Refurbishments required as a minimum:
- New Kitchen
- New Bathroom
- 2 x Bedrooms: flooring, walls & ceiling.
- 1 x loft: tidy and make good.
- New 1 x Combination boiler & radiators.
- Damp proofing
- Re-wire property
- Garden, jet wash paving stabs and tidy walls. Trellis fencing for privacy.
Estimated Refurbishment Costs:
£20,000
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
ABERDARE
Aberaman is a village near Aberdare in the county borough of Rhondda Cynon Taf, south Wales.
Most of the industry has now disappeared and a substantial proportion of the working population travel to work in Cardiff and the M4 corridor. Many residents also work in the nearby towns of Aberdare and Pontypridd.
Aberdare spreads across a broad vale with an open aspect. Home to over 35,000 people and known as the Queen of the Valleys.
The shops in Mountain Ash are centred on Oxford Street, which runs parallel to the Cynon at the foot of a steep slope densely chequered with mid-nineteenth century terraced houses.
Well stocked with traditional butchers, bakers and greengrocers as well as banks, travel agents and chemists, recent renovation has made the street an attractive blend of pastel-coloured buildings with pleasant views of the wooded hillsides above the town.
Fire station, Police station, Hospital nearby.
RETAIL
Retail stores: Cooperative, Tesco, Asda, Wilko, Lidl, Aldi stores – within 20 minutes (drive) from property.
Excellent transport links to the A470 which allows you quick access to the M4. Swansea, Cardiff and Newport are all very close.
Family adventure parks like Dragons Den Soft Play, Bike Park, Dare Valley, Parkwood Outdoor Penderyn Distillery, Brecon Beacons National Park, Aberdare National Park and Taff Valley Quad Bike Park are all close by.
SCHOOLS
- Oaklands Primary School – 0.4 miles away State school
- Blaengwawr Primary School – 0.4 miles away State school
- Cwmbach C.I.W. Primary School – 0.7 miles away State school
- Cwmbach Community Primary – 0.7 miles away State school
- Aberdare Town C.I.W. Primary School – 0.8 miles away State school
- Aberdare Community School – 0.8 miles away State school
- Capcoch Primary School – 0.9 miles away State school
- Cwmaman Infants School – 1.2 miles away State school
- Caradog Primary School – 1.2 miles away State school
- St Margaret’s R.C. Primary School – 1.3 miles away State school
NOTABLE PEOPLE
Patrick Hannan journalist and broadcaster
Arthur Linton cyclist
Tom Linton cyclist
Jimmy Michael cyclist
Alf Sherwood former footballer
TRANSPORT
Car
- Aberaman to Cardiff – 25 mins
- Aberaman to Aberdare – 15 mins
- Aberaman to Newport – 40 mins
Train
Nearest Train Station: Cwmbach
- Cwmbach to Cardiff – 1 hour
- Cwmbach to Aberdare – 15 mins
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.
