2 bedroom semi-detached house for saleHigh Street, Porth, Rhondda Cynon Taff, CF39
Sold STC £37,000
- Two bedroom cottage
- Desirable area
- In need of refurbishment
- Potential to add good capital value
- Potential gross yield of 10.21%
- Good transport links
The subject property is located on the eastern side of High Street in Cymmer, Porth, South Wales.
Porth is located on the A4058 and hosts a good range of local amenities including various supermarkets, shops bars and restaurants.
There are a number of local schools and leisure facilities within the area including a leisure centre and swimming pool.
In addition there is a mainline railway station providing easy access into central Cardiff within 40 minutes.
This 2 bedroom cottage is entered from the street. To the ground floor is a large lounge with kitchen diner to the rear. Upstairs hosts two good sized bedrooms and a family bathroom.
Total 74m2 796ft2
We understand the property is connected to mains gas, electricity, water and drainage.
The property is freehold
Following a scheme of modernisation at a cost of £10,000 it is envisaged a rental income of £4,800 pa can be achieved. Based on a purchase price of £37,000 this represents a gross yield of 10.21%. In addition there is excellent potential for good capital growth.
The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is £1026.02 p.a.
THE PROPERTY HAS NOT BEEN MEASURED AND ALL PHOTOGRAPHS HAVE BEEN PROVIDED BY A THIRD PARTY
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