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2 bedroom semi-detached house for sale

High Street, Porth, Rhondda Cynon Taff, CF39

Sold STC £37,000

Property Description

Key features

  • Two bedroom cottage
  • Desirable area
  • In need of refurbishment
  • Potential to add good capital value
  • Potential gross yield of 10.21%
  • Freehold
  • Good transport links

Full description

Tenure: Freehold

Location
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.

Description
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.

Accommodation
Total 74m2 796ft2

Services
We understand the property is connected to mains gas, electricity, water and drainage.

Tenure
The property is freehold

Investment Analysis
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.

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is 1026.02 p.a.

*Guide Price
37,000

PLEASE NOTE:
THE PROPERTY HAS NOT BEEN MEASURED AND ALL PHOTOGRAPHS HAVE BEEN PROVIDED BY A THIRD PARTY

More information from this agent

Listing History

Added on Rightmove:
23 November 2016

Map & Street View

Disclaimer - Property reference 85highstporth. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Pye Property, Nottingham . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.


Map data OpenStreetMap contributors.