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2 bedroom end of terrace house for sale
Spring Street, Dowlais, CF48
£65,000
Spring Street, Dowlais, CF48
£65,000
Our Summary
- Turn‐Key Investment Opportunity – Requires Modernisation
- Introducing Spring Street – a two‐bedroom mid‐terrace house in an established residential area requiring modernisation, currently with a sitting tenant in place
- This property presents a compelling opportunity for an investor looking to refurbish and reposition for enhanced rental yield or future capital appreciation
- The accommodation is designed as a two‐bedroom mid terrace with potential to re‐configure and upgrade finishes, services and fixtures to deliver a contemporary product
- Modernisation potential: By upgrading kitchens, bathrooms, décor and efficiencies (heating, insulation, smart controls) the property can move into a higher yield tier or attract higher quality tenants
- Value‐add play: With investment, there is scope to unlock uplift in rent and capital value, enhancing overall return on cost
- Considerations: The property requires refurbishment budget and works will need planning around the current tenancy
- Market conditions, local rental comparables and build‐cost forecasts should be reviewed to ensure refurbishment leads to the targeted value uplift
Description
This two-bedroom mid-terrace house in a popular residential area offers a turn-key investment opportunity for those willing to modernize the property. The current sitting tenant provides immediate income while plans are made for refurbishment. The property's core structure is retained, and the location offers strong rental demand, proximity to commuter routes, local amenities, and schools. With modernization potential, the property can be upgraded to attract higher-quality tenants and increase rental yield. The sitting tenant offers security and continuity of income, making it a lower-risk investment. However, the property requires a refurbishment budget and careful planning around the current tenancy to ensure a successful upgrade and targeted value uplift.