3 Bed Terraced House, Cash/Bridging Only, Swansea, SA5 9JU, £80,000

42 Eaton Road, Swansea, SA5 9JU - 2 views - a year ago

Sold STC
Auction
Cash
ROI: 5%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£81K - £240K
Sold Prices/m²£884/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£860/m²

Value Estimate

£85,000

 

 

End Value (After Refurb)

£138,596

Uplift in Value

+63%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,750

Refurb Costs

£38,000

Bridging Loan Interest

£2,100

Total Cash In

£65,600

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£138,596

Mortgage (After Refinance)

£103,947

Mortgage LTV

75%

Cash Released

£43,947

Cash Left In

£21,653

Equity

£34,649

Rent Range

£800 - £1,200

Rent Estimate

£943

Running Costs/mo

£642

Cashflow/mo

£301

Cashflow/yr

£3,615

ROI

6%

Gross Yield

14%

Local Sold Prices

51 sold prices from £81K to £240K, average is £136K. £884/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£142K03/210 mi39, Eaton Road, Brynhyfryd, Swansea SA5 9JU3
£128K07/230.06 mi38, Millwood Street, Manselton, Swansea SA5 9JZ3
£141K11/200.09 mi39, Bohun Street, Manselton, Swansea SA5 9LA3
£120K12/200.11 mi363, Llangyfelach Road, Brynhyfryd, Swansea SA5 9LH3
£85K12/200.11 mi47, Plough Road, Landore, Swansea SA1 2QA3
£130K02/210.14 mi30, Mysydd Terrace, Landore, Swansea SA1 2PZ3
£123K11/200.14 mi49, Clare Street, Manselton, Swansea SA5 9PG3
£133K03/230.14 mi16, Robert Street, Manselton, Swansea SA5 9ND3
£240K03/230.19 mi4, Compass Street, Manselton, Swansea SA5 9NJ3
£125K04/230.21 mi52, Phillip Street, Manselton, Swansea SA5 9NL3
£140K10/210.22 mi39, Sydney Street, Brynhyfryd, Swansea SA5 9JG3
£170K08/230.22 mi69, Sydney Street, Brynhyfryd, Swansea SA5 9JG3
£127K02/230.22 mi77, Eaton Road, Brynhyfryd, Swansea SA5 9JH3
£105K06/210.24 mi56, Pentre Treharne Road, Landore, Swansea SA1 2PN3
£125K12/210.24 mi22, Bennett Street, Landore, Swansea SA1 2QH3
£166.5K08/230.24 mi50, Cecil Street, Manselton, Swansea SA5 8QN3
£154K02/210.26 mi70, Robert Street, Manselton, Swansea SA5 9NB3
£172.5K04/230.28 mi34, Iorwerth Street, Manselton, Swansea SA5 9NP3
£81K01/210.29 mi8, Iorwerth Street, Manselton, Swansea SA5 9NP3
£127K08/210.29 mi4, Iorwerth Street, Manselton, Swansea SA5 9NP3
£137K06/230.29 mi85, Penfilia Road, Brynhyfryd, Swansea SA5 9HS3
£132K04/210.31 mi128, Cecil Street, Manselton, Swansea SA5 8QJ3
£115K09/210.31 mi33, Richard Street, Manselton, Swansea SA5 8PE3
£105K07/210.32 mi121, Siloh Road, Landore, Swansea SA1 2PJ3
£110K02/230.32 mi37, Siloh Road, Landore, Swansea SA1 2PE3
£168K07/230.32 mi40, Bryn Street, Brynhyfryd, Swansea SA5 9HR3
£132K06/230.33 mi71, Courtney Street, Manselton, Swansea SA5 9NT3
£130K03/210.33 mi19, Bryn Street, Brynhyfryd, Swansea SA5 9HP3
£127K12/200.33 mi5, Bryn Street, Brynhyfryd, Swansea SA5 9HP3
£127.5K03/230.34 mi175, Manselton Road, Manselton, Swansea SA5 8PN3
£160K02/230.35 mi2, Hopkin Street, Brynhyfryd, Swansea SA5 9HN3
£175K11/200.35 mi18, Brondeg, Manselton, Swansea SA5 8PZ3
£150K08/230.35 mi11, Brondeg, Manselton, Swansea SA5 8PZ3
£150K08/230.35 mi11, Brondeg, Manselton, Swansea SA5 8PZ3
£140K10/210.35 mi37, Elgin Street, Manselton, Swansea SA5 8QE3
£126K11/200.36 mi1, Greenfield Terrace, Landore, Swansea SA1 2JY3
£139K06/230.36 mi11, Cwm Level Road, Brynhyfryd, Swansea SA5 9DY3
£170K08/230.36 mi7, Cwm Level Road, Brynhyfryd, Swansea SA5 9DY3
£136K07/210.36 mi22, St Johns Road, Manselton, Swansea SA5 8PP3
£140K10/210.36 mi16, St Johns Road, Manselton, Swansea SA5 8PP3
£150K07/230.36 mi56, St Johns Road, Manselton, Swansea SA5 8PP3
£155K02/210.37 mi139, Manor Road, Manselton, Swansea SA5 9PW3
£155K04/210.37 mi18, Lynsdale Road, Brynhyfryd, Swansea SA5 9HA3
£138K12/200.39 mi147, Pentregethin Road, Cwmbwrla, Swansea SA5 8AY3
£170K08/210.39 mi1, Pleasant View Terrace, Brynhyfryd, Swansea SA5 9HB3
£110K05/210.41 mi83, Pentregethin Road, Cwmbwrla, Swansea SA5 8BA3
£98K04/210.43 mi18, Pwll Y Domen Road, Manselton, Swansea SA5 8PX3
£90K04/210.44 mi21, Lynn Street, Cwmbwrla, Swansea SA5 8BB3
£120K06/230.45 mi189, Hollett Road, Treboeth, Swansea SA5 9EZ3
£136K12/200.47 mi28, Fern Street, Cwmbwrla, Swansea SA5 8BG3
£180K11/220.48 mi249, Pentregethin Road, Gendros, Swansea SA5 8AW3

Local Rents

17 rents from £800/mo to £1.2K/mo, average is £899/mo.

RentDateDistanceAddressBeds 
£95009/240.09 miBohun Street, Manselton3
£84503/250.1 mi-3
£1,00001/250.17 mi-3
£89908/240.22 mi-3
£87509/240.22 mi-3
£84510/240.22 mi-3
£95010/240.29 mi-3
£84503/250.31 mi-3
£1,10003/250.33 mi-3
£80008/240.33 miCourtney Street, Manselton3
£85008/240.35 miBrondeg, Manselton3
£1,00008/240.37 mi-3
£1,00008/240.38 miOdo Street, Swansea, SA13
£82512/240.41 mi-3
£85012/240.41 mi-3
£1,10001/250.42 mi-3
£1,20008/240.51 mi-3

Local Area Statistics

Population in SA5

36,386

Population in Swansea

269,408

Town centre distance

1.25 miles away

Nearest school

0.20 miles away

Nearest train station

1.08 miles away

 

 

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Price changed to £80,000

December 4, 2024

Listed for £85,000

November 30, 2023

Sold for £54,000

2009

Sold for £79,500

2007

Floor Plans

Description

  • Being sold by GOTO online auction +
  • Buy-it-now option available +
  • Buyer’s fees apply +
  • Great Road Links +
  • Freehold +
  • Close To All Local Amenities +
  • No Onward Chain +
  • Open Plan Lounge/Diner +
  • Three Bedroom +
  • End Of Terrace +

Being Sold by YOPA Online Auction Starting Bids from £85,000 Buy it now option available Please call or visit YOPA Online Auctions for more information. YOPA Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. YOPA also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date. If you request a viewing of this property or make an offer, then you agree that your personal information (name and contact details) will be shared with  GOTO Auctions (YOPA’s Online Auction partner) to enable them to ensure that you understand the auction process. To book a viewing visit YOPA. EPC band: E Yopa are pleased to present to the sales market with no onward chain this three bedroom, end of terrace property situated in the popular residential are of Brynhyfryd, Swansea. Conveniently located the M4 Motorway, Swansea City Centre, Morfa Retail Park, Primary & Secondary Schools, Shops and all other amenities this great area has to offer. This property is set over two floors. The ground floor briefly comprises; Hallway, Lounge/Diner, Kitchen, Porch, Shower Room & WC. The first floor briefly comprises; Landing and Three Bedrooms.

GROUND FLOOR

* Hallway - Stairs to first floor and Door to;

* Lounge/Diner - uPVC windows to front & rear, x2 Radiators and Door to;

*Kitchen - uPVC window to side, Range of base units, Electric hob & oven, Stainless steel sink & drying rack, Mixer tap, Plumbing for a washer/dryer, Space for a free standing fridge/freezer, Wall mounted boiler and Radiator.

* Porch - uPVC door to rear, uPVC door to side and Radiator.

* Shower Room - uPVC frosted window to rear, Free standing shower, Pedestal hand & wash basin and Heated towel rail.

* WC - uPVC frosted window to rear and WC.

FIRST FLOOR

* Landing - Doors to;

* Bedroom One - uPVC windows to front and Radiator.

* Bedroom Two - uPVC windows to side & rear and Radiator.

* Bedroom Three - uPVC window to rear, Access to loft and Radiator.

Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

EXTERNAL

* Externally the property offers an enclosed rear courtyard laid to patio and also provides side access.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South West & Wales

01202 145444

Next Steps?

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