Cwmaman, CF44 6NG | Investment Property for Sale | VES-CF44-001

Opportunity to purchase a property in Cwmaman, Aberdare generating £5,940 rent pa & gross yield of 6.4%

£92,500

Terraced House

VES-CF44-001

INITIAL INVESTMENT

£28,400

Based on

deposit: £23,125

stamp duty: £2,775

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£5,940

GROSS YIELD

6.4%

ADD TO FAVOURITES

Long-term tenant

Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.

Benefits include:

  • Steady income
  • Minimised wear and tear
  • Fewer void periods

The property

TENANCY

Tenanted

TENURE

Freehold

3 bedrooms

1 bathroom

1 reception room

1,045

Unfurnished

Property information

  • Spread over 2 floors
  • Largest terraced house in the street
  • Open plan living/dining room
  • Downstairs utility room and WC
  • Private rear courtyard
  • Large tiered garden
  • The property underwent some renovation works, see below for details
  • EPC rating D

Renovation works

  • New flooring laid in the bathroom and utility room
  • New central heating installed in 2020
  • New electric shower installed in 2020
  • Replacement of guttering and some fascias
  • Damp proofing works carried out at the rear of the property in 2003, comes with a 30-year guarantee

Location information

  • Cwmbach railway station is around 2 miles from the property
  • Brecon Beacons are an hours drive away
  • Cardiff city centre and Swansea can also be reached within an hours drive from the property

Tenancy

RENT

£5,940 p.a. / £495 pcm

TENANCY DEPOSIT

£450

TENANCY TYPE

AST

TENANCY AGREEMENT STARTED

over 6 years ago

TENANCY AGREEMENT ENDS

Periodic

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Cwmaman, Aberdare, Mid Glamorgan

Cwmaman is a village near Aberdare in Mid Glamorgan, Wales. The river Aman runs through the village giving it its Welsh name “Aman Valley”.

The closest train station is in Fernhill and is located on the Aberdare branch of the Merthyr Line. Trains run northbound to Aberdare and southbound to Cardiff Central and Barry Island.

The village lies in the valley of several mountains making it the perfect location for outdoor pursuits. Dare Valley Country Park has expansive parkland with walks and trails, BikePark Wales offers several mountain biking and cycling adventures, and Clydach Reservoir also offers several walking and biking trails.

The town of Aberdare is approximately 3 miles from Cwmaman and lies around 20 miles northwest of Cardiff and 22 miles northeast of Swansea.

The local railway station is the terminus of the Merthyr Line and trains go directly to Cardiff Central.

Local sights include Aberdare Park, Cynon Valley Museum Trust and the Heritage Cottage.

The Coliseum Theatre is the local performing arts venue which includes a 600-seat auditorium and cinema. Its programme includes comedy, music, drama, light entertainment, and family events. The main shopping areas in town are Canon Street, Cardiff Road and Victoria Square which are home to a number of small shops, of which some are highly specialised. Other shopping streets include the pedestrianised Commercial Street and Market Street.

Education is provided by three secondary schools and one college, Coleg y Cymoedd.

Fforchaman Road,

Cwmaman,

Aberdare,

Rhondda Cynon Taff,

Wales,

CF44 6NG

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

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