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Mill Street, Pontypridd

Wales

£60,000
Listed on 24/05/2025

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor apartment presents a promising opportunity for renovation and investment, ideally located just a short walk from the town center along with convenient access to bus and train stations. The area offers a variety of amenities, including shops, cafes, restaurants, and parks, making it an attractive spot for both residents and potential renters. Featuring two bedrooms, this converted apartment includes a communal entrance that leads to a hallway offering access to the main living areas. The open plan lounge and kitchen space is generously sized and benefits from natural light provided by two double-glazed windows facing the rear. The kitchen area comes equipped with base and wall cupboards, a stainless steel sink unit, a gas hob, and an electric oven with an extractor hood above. There is also space designated for a washing machine and a breakfast bar that enhances functionality within the space. The first bedroom is adequately spacious with two double-glazed windows allowing for ample sunlight, while the second bedroom offers additional versatility for guests or as an office space. The bathroom consists of essential fixtures including a panelled bath with shower mixer taps, toilet, wash hand basin, and part-tiled walls. While the property requires some updating and improvement work, it holds excellent potential for those looking to personalize their living space or capitalize on rental opportunities in this desirable location. The absence of onward chain further streamlines the buying process. This apartment represents a well-priced prospect in an area that continues to attract interest.

Investment Analysis

(CF37 area)
Area Average
£177/sq ft
Avg Rent (weekly)
£196
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CF37)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 4.3%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on CF37 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

Mill Street, Pontypridd
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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
£220
Based on a loan of £45,000 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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