A fantastic BTL in the Rhondda Valleys for £225 cash flow

IMG_4755Reserved.jpg
IMG_01.png
IMG_4754.jpg
IMG_03.png
IMG_04.png
IMG_05.png
IMG_06.png
IMG_07.png
IMG_08.png
IMG_09.png
IMG_10.png
IMG_4695.jpg
IMG_4696.jpg
IMG_4697.jpg
IMG_4698.jpg
IMG_4699.jpg
IMG_4700.jpg
IMG_4701.jpg
IMG_4702.jpg
IMG_4704.jpg
IMG_4706.jpg
IMG_4707.jpg
IMG_4708.jpg
IMG_4709.jpg
IMG_4710.jpg
IMG_4713.jpg
IMG_4714.jpg
IMG_4715.jpg
IMG_4716.jpg
IMG_4717.jpg
IMG_4718.jpg
IMG_4719.jpg
IMG_4720.jpg
IMG_4721.jpg
IMG_4722.jpg
IMG_4723.jpg
IMG_4724.jpg
IMG_4727.jpg
IMG_4728.jpg
IMG_4729.jpg
IMG_4730.jpg
IMG_4731.jpg
IMG_4733.jpg
IMG_4734.jpg
IMG_4735.jpg
IMG_4736.jpg
IMG_4737.jpg
IMG_4739.jpg
IMG_4740.jpg
IMG_4741.jpg
IMG_4742.jpg
IMG_4743.jpg
IMG_4744.jpg
IMG_4745.jpg
IMG_4748.jpg
IMG_4750.jpg
IMG_4751.jpg
IMG_4752.jpg
IMG_4753.jpg
IMG_4755.jpg
IMG_4757.jpg
IMG_4758.jpg
IMG_4759.jpg
IMG_4755Reserved.jpg
IMG_01.png
IMG_4754.jpg
IMG_03.png
IMG_04.png
IMG_05.png
IMG_06.png
IMG_07.png
IMG_08.png
IMG_09.png
IMG_10.png
IMG_4695.jpg
IMG_4696.jpg
IMG_4697.jpg
IMG_4698.jpg
IMG_4699.jpg
IMG_4700.jpg
IMG_4701.jpg
IMG_4702.jpg
IMG_4704.jpg
IMG_4706.jpg
IMG_4707.jpg
IMG_4708.jpg
IMG_4709.jpg
IMG_4710.jpg
IMG_4713.jpg
IMG_4714.jpg
IMG_4715.jpg
IMG_4716.jpg
IMG_4717.jpg
IMG_4718.jpg
IMG_4719.jpg
IMG_4720.jpg
IMG_4721.jpg
IMG_4722.jpg
IMG_4723.jpg
IMG_4724.jpg
IMG_4727.jpg
IMG_4728.jpg
IMG_4729.jpg
IMG_4730.jpg
IMG_4731.jpg
IMG_4733.jpg
IMG_4734.jpg
IMG_4735.jpg
IMG_4736.jpg
IMG_4737.jpg
IMG_4739.jpg
IMG_4740.jpg
IMG_4741.jpg
IMG_4742.jpg
IMG_4743.jpg
IMG_4744.jpg
IMG_4745.jpg
IMG_4748.jpg
IMG_4750.jpg
IMG_4751.jpg
IMG_4752.jpg
IMG_4753.jpg
IMG_4755.jpg
IMG_4757.jpg
IMG_4758.jpg
IMG_4759.jpg
sold out

A fantastic BTL in the Rhondda Valleys for £225 cash flow

199.00

Secure this property for an initial investment of £199!


Figures in Brief:

  • Asking Price: £50,000

  • Secured Sale Price: £45,000

  • Refurbishments: £18,500

  • Done up Value: £85,000

  • Flip Profit: £12,235

  • Cash Flow: £225

This vacant 3 bed mid terraced house is in need of some updating! The property is equal distance to both train stations Tonypandy (0.7 miles) and Llwynypia train station (0.7miles) making it perfect for transport and commuters. It boasts from being less than 1 mile from one of the best secondary schools in the area, Tonypandy Community College with an Ofsted report of Outstanding. The property consists of 2 reception rooms, a kitchen, downstairs bathroom with separate wc and 3 bedrooms upstairs. The garden is tiered and seems to have been very loved back in the day, it also boasts a mountain view. As you walk in there is a separate hallway that takes you into the first reception room, it's spacious with a view to the front of the property, then you walk into the second reception room through a sliding door. The kitchen is to the back of the property with views of the back garden and the bathroom is situated downstairs just off from the kitchen with a separate toilet.

Add To Cart

Done Up Value Comparable:

  • 41 Ynyscynon Road SOLD £95,000 October 2017
  • 50 Ynyscynon Road SOLD £83,000 December 2016
  • 81 Ynyscynon Road SOLD £92,000 December 2007

Refurbishments required:

  • Full Rip Out
  • Rewire
  • Rip Out Double Glaze Windows x3
  • New Front Door
  • Internal Doors
  • New Kitchen and tiles
  • New Bathroom and tiles
  • Re-Plaster
  • Boiler Conversion and Pipework
  • Paint and Decorate
  • Carpet and Flooring
  • Garden (tidy)

These are the works we recommend doing. You may want to do less or more, for which we will work to a quotation to suit your needs. 

Area Description:

Ynyscynon Road is set back from the A4058, linking directly to the neighbouring town of Porth (2.5 miles) and north towards Treorchy (3.8 miles).
Transport: Trains travelling into Cardiff Central take on average 48 minutes, by car you drive via A4058 and A470 for 31 minutes.
Schools: Primary - Llwynypia Primary School 0.4 miles Adequate Ofsted, Trealaw County Primary School 0.6 miles Adequate Ofsted, Tonypandy Primary School 0.6 miles Adequate Ofsted. Secondary - Tonypandy Community College 0.9 miles Outstanding Ofsted, Porth County Community 1.5 miles Adequate Ofsted.Ysgol Gyfun Cymer Rhondda 2.2 miles Good Ofsted. Council Investments: The Council is making good progress in its programme to improve 87 bus stops from Tonypandy to Groesfaen, along with the Rhondda-Cardiff corridor used by Stagecoach’s 122 services. The scheme has been funded through a £300,000 investment by the Welsh Government’s Local Transport Fund, and works got underway in May 2017.
Hospital: The local hospital is a mere 0.7 miles from the property.
Supermarkets/Shops: ASDA Supermarket, McDonald's, Iceland and Dominos are to name a few that are 1 mile from the property and the town centre is just over 1 mile. The closest post office is 0.7 mile.
Leisure/Entertainment: Llwynpia Play Area less then 1 mile away, the Rhondda Golf Club is 2.7 miles, Clydach Vale Countryside Park 2.1 miles, Showcase Cinema 11.3 miles.


Exit Strategy BTL:

Estimated Monthly Mortgage: £160
Rental Income: £475
Lettings Fee's: £42
MOE: £42
Cash Flow @ 5% (Stress Test): £120
Cash Flow @ 3% (Most Likely): £225
Money left in the deal: £6383
Years to all your money out: 2 years 4 months

Exit Strategy Flip: 

Purchase Price: £45,000
Expected ReSale price: £85,000
Refurb costs: £18,500
Entry legal costs: £1200
Exit legal costs: £1200
Stamp Duty: £1350
Survey: £280
Broker Fee: £400
Source Fee: £1997
6 months of bills and mortgage: £900
Estate agent selling fees: £1938

Total Costs: £72,765

Pre Tax Profit: £12,235