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