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Merthyr Tydfil CF48

Wales

£150,000
Listed on 18/01/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1248 sqft

Description

This end-of-terrace cottage in the desirable village of Heolgerrig presents a unique opportunity for renovation and investment. The property features three to four versatile rooms on the ground floor, which can be adapted to suit various needs, along with two generously sized double bedrooms on the upper level. One of the standout aspects of this home is its expansive rear garden, offering ample space for potential extensions or landscaping projects. Additionally, the old stable attached to the property adds further possibilities for conversion into a studio, workshop, or additional living space, enhancing its overall value. Situated back from the road, this property includes a driveway for convenient parking. Its location provides easy access to public transport via the main bus route and is just a short walk from the Cyfarthfa Retail Park, making shopping and commuting straightforward. While the home requires modernization throughout, it holds significant potential to become a charming family residence once updated. This property comes with no chain, allowing for a smoother transaction process.

Investment Analysis

(CF48 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£120/sq ft
Area Average
£175/sq ft
Avg Rent (weekly)
£175
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£240,789
10% above area average per sq ft
Potential ROI
+20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CF48)

Area prices are falling by +6.0% over the last 12 months
3 year growth: 0.1%
5 year growth: 10.2%
Investment Disclaimer: Analysis based on CF48 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Merthyr Tydfil CF48
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE