Pontypridd offers a great £276 cash flow!

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sold out

Pontypridd offers a great £276 cash flow!

199.00

Reserve this opportunity for an initial investment of £199

This deceptively spacious mid terrace, freehold house in Pontypridd has been secured and ready for investors. Property is located within a 25 minute drive to Cardiff City Centre and 29 minute drive to Newport City Centre. Local amenities, schools, restaurants and public houses are all close by. 3.5 Miles from the property is a recently installed Park & Ride, meaning easy access to Cardiff City Centre. Pontypridd town centre is due to have a £110million regeneration boost this year. 

Figures in Brief

  • Sale Agreed: £77,000

  • Done Up Value: £115,000

  • Refurbishments budget: £17,500

  • Potential Flip Profit: £12,922

  • Cash Flow: £276

Add To Cart

Figures in detail

Flip:

  • Purchase Price: £77000.00
  • Expected ReSale price: £115,000
  • Refurb costs: £17500.00
  • Entry legal costs: £1200.00
  • Exit legal costs: £1200.00
  • Stamp Duty: £2310.00
  • Survey: £280.00
  • Broker Fee: £400.00
  • SMP Consultation Fee: £1997.00
  • 3 months of bills: £750.00
  • Estate agent selling fees: £1331.00

Total: £102,078

POTENTIAL FLIP PROFIT: £12,922

Comparable 1: 
Comparable 2: 
Comparable 3: 

Buy To Let:

  • Purchase Price: £77,000.00
  • Deposit required 75% LTV: £19,250
  • Refurb costs: £17,500.00
  • Exit legal costs: £1200.00
  • Stamp Duty: £2310.00
  • Survey: £280.00
  • Broker Fee: £400.00
  • SMP Consultation Fee: £1997.00
  • 6 months of bills: £1500
  • 6 months mortgage: £787

Total required for the deal: £43,690.00

Rental Income: £600 pcm
Cash Flow at 5% (worst case): £132
Cash Flow at 3% (Most Likely): £276
Years until money out: 4 yrs and 8 months

Refurbishments required: 

Rip out entire property, damp treatment where necessary
Re-board and Plaster
ReWire
New Combi-Boiler System
New Kitchen and tiles
New Bathroom and tiles
Internal Doors
Paint and Decorate
Carpet and Flooring
Garden tidy/curb appeal

 

SMP operates in trust with its potential investors. SMP is registered with the Property Ombudsman Group. SMP prides itself on delivering BMV deals with accuracy and confidence. The sourcing fee for this deal is £1997 which is paid on completion of the sale. A £199 deposit is required to secure the deal which is refundable if the investor decides not to proceed to an agreed sale with the vendor, ie after viewing. The deposit is not refundable if the investor pulls out of the purchase after sale agreed. 
SMP 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. There for deal owners are advised to carry out their own due diligence to confirm for themselves the findings SMP present. SMP has no control of the UK property market prices and investments can be lost or profit margins shortened with the fluctuating market.