119b, Wood Road, PONTYPRIDD, Mid Glamorgan, CF37 1RJ

Description

Three bedroom semi-detached property comprising lounge, raised kitchen/dining area and wc to the ground floor. To the first floor there are three bedrooms and a bathroom. The property further benefits a loft room. Externally there are small gardens areas to the front and back. Cash buyers only. The auctioneer believes there to be Japanese knotweed in the neighbouring property, although this has not been confirmed by an expert.

Accommodation

Lounge, raised kitchen/dining area and WC on the ground floor; three bedrooms and a bathroom on the first floor; loft room.

Location

Situated in the ever-popular Treforest area, just a short distance from the local university. Conveniently positioned within easy reach of local shops, transport links, schools and amenities. Close to local amenities.

Tenure / Property Information

Investment Analysis

The supplied sales evidence is inconsistent: semi-detached properties on Wood Road sold for £137,000 in December 2022 and £210,000 for 119A in July 2024. These provide an evidence range, but no condition, size or specification details are supplied to support a reliable base GDV for 119B. The possible neighbouring Japanese knotweed issue is also unconfirmed by an expert.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Proceed only after a survey, legal review, confirmation of all seller charges, investigation of the Japanese knotweed concern and a firm works budget. The advertised rent makes the guide look attractive, but the cash-only restriction and valuation uncertainty are material.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full survey and establish the condition of the property, loft room, services, parking position and any required works before bidding. Investigate the reported neighbouring Japanese knotweed through appropriate expert assessment.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis is not supportable because no reliable base GDV, refurbishment budget or finance terms are provided. The property is cash buyers only, and the unconfirmed Japanese knotweed concern could affect lending, insurance, value and exitability.

Buy-to-Let Analysis

The only rental evidence is an advertised asking rent of £1,080 pcm, equivalent to £12,960 annually; achieved rent is unconfirmed. Against the £90,000 guide, this indicates 14.4% gross yield before the £1,800 administration charge, works, finance, management, voids and other costs. A reliable yield on total cost cannot be calculated because refurbishment and other completion costs are unknown.

Flip Analysis

The evidence suggests a broad gross value range of £137,000 to £210,000, but condition and specification differences are unknown. A flip surplus cannot be calculated because works, selling costs and a dependable base GDV are unavailable. The £1,800 administration charge is known and should be included in any final appraisal.

Investor Risks & Due Diligence

• Cash buyers only, limiting mortgage and refinance options.

• Possible Japanese knotweed in the neighbouring property, not confirmed by an expert.

• Property condition and refurbishment requirements are not evidenced.

• The only rent is an advertised asking rent, not an achieved or passing rent.

• The comparable sales show a substantial price range and lack condition or specification details.

• The seller may charge additional completion fees under the special conditions.

• Parking and heating information are not supplied.

Recommendation

Do not bid on the current evidence alone. Proceed only after a survey, legal review, confirmation of all seller charges, investigation of the Japanese knotweed concern and a firm works budget. The advertised rent makes the guide look attractive, but the cash-only restriction and valuation uncertainty are material.

Strategy Rating

Analysis Confidence

There is useful sold-price and rental evidence, but comparable condition and specification details, property condition, refurbishment costs, total charges, parking, heating and the status of the reported Japanese knotweed are not confirmed.