Auction Deal Land and building Plot with Planning Approved for 2 Detached Dwellings in Tonypandy
£31,900
Fixed Price
Property Features
- Very Close to Transport Links
- Close to Local Amenities
- Amazing Location
Property Summary
This prime plot of land in Tonypandy offers an excellent investment opportunity with planning permission granted for the development of two detached dwellings. Located just minutes from key amenities, this land is ideally situated for residential development. Asda Supermarket Tonypandy is only 3 minutes by car, providing convenient shopping, while Tonypandy Train Station is just 4 minutes away, offering great transport links. Clydach Vale Country Park is 4 minutes by car, offering green space and leisure opportunities. Ysbyty Cwm Rhondda Hospital is 7 minutes away, ensuring access to healthcare, and Rhondda Golf Club is 13 minutes away, perfect for leisure and lifestyle. This location is ideal for the construction of high-quality homes, making it a lucrative opportunity for residential development.
- Estimated Fair Market Value After Renovation (FMV) : £540,000
- Estimated Annual Rental income as family rent : £27,600
- Estimated profit after remortgage : £63, 000
- Estimated renovation cost : £300,000
- Sourcing fee: £3500