Quality little BTL in Mountain Ash
Figures in Brief
Description
A lovely 3 bed mid terrace property situated in the idyllic village of Mountain Ash. With a lovely entrance hallway, the property has a spacious lounge diner with room for improvement. Kitchen on the ground floor situated at the rear of the property, with 3 bedrooms and a bathroom upstairs provide ample living space.
The property is in need of modernisation but has huge potential for the savvy investor. Situated close to road and rail links, it is in a very desirable area.
Information
Status
Comparables
I have provided a summary comparing sales and on the market properties to give you a wide spectrum of comparison. The property prices range from 105 – 135k, depending on size, look, feel and how you style you refurb.
Clean lines, white / grey walls and carpet, nice finishes throughout, stylish kitchen and bathroom all add value to your property.
Comparable 1: https://www.rightmove.co.uk/property-for-sale/property-82631107.html
£119,995 – Sold STC
Comparable 2: https://www.rightmove.co.uk/property-for-sale/property-94069205.html
£134,995 – Sold STC
OTHER PROPERTIES SOLD – 2020 / 2019 – all within 0.5 miles
£105,000 – 18th September – 70, Consort Street, Mountain Ash, Rhondda Cynon Taff CF45 3AU
£115,000 31 May 2019 – 19, Aberpennar Street, Mountain Ash, Rhondda Cynon Taff CF45 3LS
£113,500 30 Oct 2019 – 38, Aberpennar Street, Mountain Ash, Rhondda Cynon Taff CF45 3LS
CURRENT MARKET COMPARABLES:
https://www.rightmove.co.uk/property-for-sale/property-81877630.html
£104,995 – 3 bed terrace – SOLD STC
https://www.rightmove.co.uk/property-for-sale/property-97950536.html
£105,000 – 3 bed terrace – UNDER OFFER
https://www.rightmove.co.uk/property-for-sale/property-97780214.html
£114,995 – 3 bed terrace – SOLD STC
Refurb
Refurbishments required as a minimum:
- New Kitchen.
- New 1 x Bathroom.
- 3 x Bedrooms: flooring, walls & ceiling.
- New 1 x Combination boiler & radiators.
- Damp proofing.
- Re-wire property.
- Rendering
- Garden clear and style, jet wash paving stabs and tidy walls. Trellis fencing for privacy.
Estimated Refurbishment Costs:
£25,000
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
MOUNTAIN ASH
The town lies about 4.5 miles south of the town of Aberdare and approximately 19 miles northwest of Cardiff. The village and community of Mountain As is 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.
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.
Most of the traditional industry from this area 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.
Fire station, Police station, Hospital nearby.
RETAIL
Retail stores: Cooperative, Tesco, Asda, Wilko, Lidl, Aldi stores – within 20 minutes (drive) from property.
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.
SPORT
Mountain Ash has a rugby union team called Mountain Ash RFC. Rugby league club South Wales Scorpions also currently play their home matches in Mountain Ash.
SCHOOLS
Mountain Ash is served by Mountain Ash Comprehensive School for pupils aged 11–18. The comprehensive school is situated on the site of the former estate of Lord Aberdare.
The main house, Dyffryn House, was still used by the school until its demolition in the 1990s.
Opposite the site of the secondary school is the hospital Ysbyty Cwm Cynon which opened in 2012 replacing the old Mountain Ash General Hospital.[8]
PRIMARY
- Our Lady’s R.C Primary School
- Caegarw Primary School (Ysgol Gynradd Caegarw)
- Glenboi Primary School (Ysgol Gynradd Glen-boi)
- Darranlas Primary School (Ysgol Gynradd Darren-las)
- Miskin Primary School (Ysgol Gynradd Meisgyn)
- Penguelan Primary School (Ysgol Gynradd Pengeulan)
- Penrhiwceiber Primary School (Ysgol Gynradd Penrhiwceibr)
NOTABLE PEOPLE
- Mark Brake author, broadcaster and communicator of science
- Guto Nyth Brân legendary Welsh athlete, once the ‘Fastest Man On Earth’
- Howard Collinsprominent karate instructor
- Pennar Daviesclergyman and author
- Natalie Lewisathlete
- Stuart Manleyprofessional golfer
- Elaine MorganBAFTA award-winning author
- Haydn Morrisinternational rugby union wing three-quarter
- Harri Webbpoet and librarian
- Richard Williamsrugby league footballer
- Mark Williamsworld champion outdoor bowls
TRANSPORT
Excellent transport links to the A470 which allows you quick access to the M4. Swansea, Cardiff and Newport are all very close.
Car
- Mountain Ash to Cardiff – 25 mins
- Mountain Ash to Aberdare – 15 mins
- Mountain Ash to Newport – 40 mins
Train
- Mountain Ash to Cardiff – 1 hour
- Mountain Ash 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.
