top of page

5 Bedroom detached house

Deal Type

Purchased to Let

Year

2024

Location

Cardiff Road, Aberdare

Purchase Price

£178,000

Refurbishments

£1,000

Revised Value | Rental

£127,500 | £750.00 ppm

Yearly ROI £12,000

The property had been marketed for several months with little interest. A former pub and B&B, the house was tired and in need of refurbishment to become a lettable home.

 

The long-term plans for the property are to convert and modernise it to suit the needs of the local area.

 

While the property's potential is being investigated and explored with local planning and housing schemes, it is out to let on a short-term tenancy agreement. This generates income and working capital for future building plans.

bottom of page