3 Bed Terraced House, Single Let, Neath, SA11 2BJ, £110,000

Neath Road, Briton Ferry, Neath, SA11 2BJ - 2 years ago

BTL
ROI: 10%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£49.5K - £235K
Sold Prices/m²£419/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£126,481
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£595 - £950

Rent Estimate

£801

Running Costs/mo

£524

Cashflow/mo

£277

Cashflow/yr

£3,325

ROI

10%

Gross Yield

9%

Local Sold Prices

51 sold prices from £49.5K to £235K, average is £118K. £419/m² to £2.2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£106K07/240 mi181, Neath Road, Briton Ferry, Neath, Neath Port Talbot SA11 2BJ3
£149K04/230.05 mi16, Mansel Street, Neath, Neath Port Talbot SA11 2PD3
£123K05/230.05 mi15, Mansel Street, Neath, Neath Port Talbot SA11 2PD3
£100K04/210.06 mi11, Hoo Street, Neath, Neath Port Talbot SA11 2PA3
£118K05/240.06 mi22, Hoo Street, Neath, Neath Port Talbot SA11 2PA3
£105K05/210.07 mi13, Vernon Street, Neath, Neath Port Talbot SA11 2PE3
£49.5K05/210.08 mi161, Neath Road, Briton Ferry, Neath, Neath Port Talbot SA11 2BX3
£107K02/210.1 mi3, Rockingham Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2PB3
£115K05/240.13 mi31, Middleton Street, Neath, Neath Port Talbot SA11 2NU3
£155K11/230.16 mi79, Hunter Street, Briton Ferry, Neath, Neath Port Talbot SA11 2RS3
£127.5K06/240.16 mi66, Rockingham Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2PH3
£143K07/230.21 mi133, Shelone Road, Neath, Neath Port Talbot SA11 2NE3
£143K07/230.21 mi133, Shelone Road, Neath, Neath Port Talbot SA11 2NE3
£87K05/230.22 mi23, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TE3
£133K04/240.22 mi18, Herne Street, Neath, Neath Port Talbot SA11 2PY3
£175K03/230.23 mi5, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£92.5K09/210.23 mi11, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£125K06/210.23 mi15, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£101.5K12/230.23 mi7, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£232K11/230.23 mi110, Shelone Road, Neath, Neath Port Talbot SA11 2NG3
£95K12/200.24 mi32, Thomas Street, Neath, Neath Port Talbot SA11 2SB3
£82.5K03/230.24 mi49, Hunter Street, Briton Ferry, Neath, Neath Port Talbot SA11 2RP3
£130K06/230.24 mi3, Brynhyfryd Road, Briton Ferry, Neath, Neath Port Talbot SA11 2HT3
£117.5K12/230.25 mi10, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TF3
£120.5K02/230.26 mi3, Jack Y Ddu Road, Neath, Neath Port Talbot SA11 2LT3
£185K06/210.28 mi301, Old Road, Briton Ferry, Neath, Neath Port Talbot SA11 2HA3
£78K11/200.28 mi90, Shelone Road, Neath, Neath Port Talbot SA11 2PU3
£73K11/230.28 mi30, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£154K08/240.28 mi43, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£118K12/220.3 mi71, Shelone Road, Neath, Neath Port Talbot SA11 2PT3
£85K03/210.3 mi71, Shelone Road, Neath, Neath Port Talbot SA11 2PT3
£90K10/210.3 mi76, Ruskin Street, Neath, Neath Port Talbot SA11 2LD3
£160K07/230.34 mi8, Giants Grave Road, Neath, Neath Port Talbot SA11 2LS3
£160K07/230.34 mi8, Giants Grave Road, Neath, Neath Port Talbot SA11 2LS3
£168K07/240.34 mi6, Ormond Street, Neath, Neath Port Talbot SA11 2TH3
£94K06/240.34 mi13, Regent Street West, Neath, Neath Port Talbot SA11 2PL3
£105K06/230.36 mi34, Shelone Road, Neath, Neath Port Talbot SA11 2PS3
£108.5K05/210.37 mi332, Old Road, Neath, Neath Port Talbot SA11 2EY3
£120K09/230.37 mi16, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LF3
£102K04/240.37 mi7, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LF3
£90K06/210.39 mi30, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TL3
£150K07/210.4 miInstow, Church Street, Briton Ferry, Neath, Neath Port Talbot SA11 2JD3
£117.5K03/210.4 mi67, Ruskin Street, Neath, Neath Port Talbot SA11 2HY3
£71.5K09/210.43 mi11a, Sand Lane, Briton Ferry, Neath, Neath Port Talbot SA11 2EX3
£170K10/230.43 mi55, Church Street, Briton Ferry, Neath, Neath Port Talbot SA11 2JG3
£114K04/210.45 mi99, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LG3
£64K09/230.45 mi82, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LG3
£149.9K10/230.47 mi15, Cwrt Sart, Neath, Neath Port Talbot SA11 2ST3
£170K11/210.47 mi17, Manor Way, Neath, Neath Port Talbot SA11 2TR3
£170K07/210.47 mi49, Manor Way, Neath, Neath Port Talbot SA11 2TR3
£235K09/230.47 mi47, Manor Way, Neath, Neath Port Talbot SA11 2TR3

Local Rents

10 rents from £595/mo to £950/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£79503/250.23 mi-3
£84510/240.24 mi-3
£87501/250.28 mi-3
£95007/240.41 mi-3
£90012/240.45 miGlanymor Street, Briton Ferry, NEATH3
£59508/240.49 miMorgans Terrace, Briton Ferry, Neath3
£84501/250.49 mi-3
£95012/240.54 miBryn Teg, NEATH3
£85012/240.54 miFarm Road, NEATH3
£87512/240.58 miPant Yr Heol, NEATH3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

3.71 miles away

Nearest school

0.50 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Price changed to £110,000

December 26, 2024

Listed for £115,000

May 5, 2023

Floor Plans

Description

  • NO CHAIN! +
  • Low Maintenance Garden +
  • Garage to rear +
  • Close To Local Amenities +
  • Three Bedrooms & Attic Room +

SUMMARY
AVAILABLE WITH NO CHAIN. Good size mid terrace house located in Briton Ferry. The property comprises hallway, lounge/diner, kitchen, three bedrooms, attic room and bathroom. This property also benefits from a garage to the rear accessed by a lane. Close to transport links and local amenities.

DESCRIPTION
AVAILABLE WITH NO CHAIN IDEAL FOR FIRST TIME BUYERS AND INVESTORS. Good size mid terrace house located in Briton Ferry. The property comprises hallway, lounge/diner, kitchen, three bedrooms and bathroom. This property benefits from a garage to the rear accessed by a lane. There is also an attic room with access via a pull down ladder. The property is also within easy reach of primary and secondary schools, amenities and bus stops. Viewing is highly recommended to appreciate all on offer here. Call today for all the details.

Entrance Hallway 
Entry through UPVC door, laminate flooring, radiator. Leading to:

Lounge/diner 21' 8" max x 11' 7" max into alcove ( 6.60m max x 3.53m max into alcove )
Laminate flooring, radiator, window to front

Kitchen 14' 7" max x 8' 1" max ( 4.45m max x 2.46m max )
Tiled flooring, base and wall units, integrated fridge/freezer, integrated oven, hob and extractor fan. Space for washing machine, sink and draining board. Two windows and door to side

Landing 
Carpeted, access to storage cupboard, leading to:

Bedroom One 14' 3" max x 11' 4" max ( 4.34m max x 3.45m max )
Laminate flooring, radiator, two windows to front

Bedroom Two 8' 1" max x 9' 9" max ( 2.46m max x 2.97m max )
Laminate flooring, radiator, window to rear

Bedroom Three 8' 4" x 6' 3" max ( 2.54m x 1.91m max )
Laminate flooring, radiator, window to side

Bathroom 
Vinyl tile flooring, bath with overhead shower, WC, sink, towel rail and frosted window to side

Attic Room 14' 2" x 11' 2" max into eves ( 4.32m x 3.40m max into eves )
Laminate flooring, storage into eves, skylight

External 
The rear garden is low maintenance concreted with access to the garage which offers off street parking

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Neath

01639 505098

Next Steps?

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