3 Bed Semi-Detached House, Single Let, Neath, SA11 1UU, £130,000

32 Groves Road, Neath Port Talbot, SA11 1UU - 1 views - a year ago

Sold STC
BTL
ROI: 6%
84 m²
+11 photos

ValuationOvervalued

Sold Prices£43K - £335K
Sold Prices/m²£551/m² - £3.2K/m²

 

 

Square Metres

84 m²
Price/m²£1.5K/m²

Value Estimate

£123,070

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£700 - £925

Rent Estimate

£761

Running Costs/mo

£578

Cashflow/mo

£183

Cashflow/yr

£2,191

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £43K to £335K, average is £148K. £551/m² to £3.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£130K07/230.03 mi21, Talbot Road, Neath, Neath Port Talbot SA11 1UT3
£137K10/210.04 mi15, Kingdon Owen Road, Neath, Neath Port Talbot SA11 1JR3
£121K02/210.06 mi2, Caederwen Road, Neath, Neath Port Talbot SA11 1US3
£43K07/230.06 mi9, Caederwen Road, Neath, Neath Port Talbot SA11 1US3
£125K04/210.07 mi21, Cook Rees Avenue, Neath, Neath Port Talbot SA11 1UR3
£116K03/210.14 mi7, Moorland Road, Neath, Neath Port Talbot SA11 1JW3
£140K07/240.14 mi17, Moorland Road, Neath, Neath Port Talbot SA11 1JW3
£135K02/240.14 mi56, Moorland Road, Neath, Neath Port Talbot SA11 1JW3
£110K12/200.14 mi45, Bryn Awel, Cimla, Neath, Neath Port Talbot SA11 1JQ3
£165K09/230.16 mi57, Cook Rees Avenue, Neath, Neath Port Talbot SA11 1JT3
£146K02/210.19 mi37, Hillside, Neath, Neath Port Talbot SA11 1TR3
£150K07/240.19 mi31, Bryn Nedd, Cimla, Neath, Neath Port Talbot SA11 1JJ3
£120.1K10/210.19 mi36, Hillside, Neath, Neath Port Talbot SA11 1TR3
£120K12/230.21 mi8, Penybryn, Cimla, Neath, Neath Port Talbot SA11 1JE3
£95K10/210.22 mi51, Wallace Road, Neath, Neath Port Talbot SA11 1YH3
£142K12/200.22 mi3, Myrtle Road, Neath, Neath Port Talbot SA11 3UF3
£186K06/230.22 mi138, Cimla Road, Neath, Neath Port Talbot SA11 3UD3
£134K03/240.22 mi98, Cimla Road, Neath, Neath Port Talbot SA11 3UD3
£160K06/210.23 mi112, Lewis Road, Neath, Neath Port Talbot SA11 1DQ3
£195K06/210.23 mi92, Lewis Road, Neath, Neath Port Talbot SA11 1DQ3
£335K10/220.24 mi52, Chestnut Road, Neath, Neath Port Talbot SA11 3PB3
£90K01/230.25 mi51, Dalton Road, Neath, Neath Port Talbot SA11 1UG3
£165K08/210.26 mi24, Hillside, Neath, Neath Port Talbot SA11 1TS3
£105K06/230.26 mi9, Hillside, Neath, Neath Port Talbot SA11 1TS3
£269K01/210.28 mi52, Chestnut Road, Neath, Neath Port Talbot SA11 3PB3
£280K04/230.28 mi3, Sycamore Avenue, Neath, Neath Port Talbot SA11 3NT3
£210K02/210.28 mi21, Sycamore Avenue, Neath, Neath Port Talbot SA11 3NT3
£162.5K05/240.29 mi52, Wellfield Avenue, Neath, Neath Port Talbot SA11 1AX3
£192K11/220.29 mi154, Cimla Road, Neath, Neath Port Talbot SA11 3UD3
£315K01/230.3 mi31, Poplars Avenue, Neath, Neath Port Talbot SA11 3NS3
£190.2K11/210.3 miTy Tan, Cae Rhys Ddu Road, Neath, Neath Port Talbot SA11 1HZ3
£160K12/200.31 mi6, Ty Segur, Neath, Neath Port Talbot SA11 1YN3
£267.5K01/210.32 mi16, Westernmoor Road, Neath, Neath Port Talbot SA11 1BQ3
£205K04/210.32 mi26, Westernmoor Road, Neath, Neath Port Talbot SA11 1BQ3
£315K04/210.32 mi1a, Hawthorn Avenue, Neath, Neath Port Talbot SA11 3NW3
£180K07/210.32 mi43, Hawthorn Avenue, Neath, Neath Port Talbot SA11 3NW3
£72K11/200.33 mi10, George Street, Neath, Neath Port Talbot SA11 1TT3
£175K11/200.33 mi164, Cimla Road, Neath, Neath Port Talbot SA11 3UH3
£270K03/210.33 mi5, Wellfield Square, Neath, Neath Port Talbot SA11 1YY3
£177K10/210.33 mi3, Wellfield Square, Neath, Neath Port Talbot SA11 1YY3
£130K03/230.34 mi25, Llewellyn Street, Neath, Neath Port Talbot SA11 1EJ3
£103K08/240.34 mi3, Llewellyn Street, Neath, Neath Port Talbot SA11 1EJ3
£89.5K07/210.34 mi51, Danygraig Road, Neath, Neath Port Talbot SA11 1UA3
£150K12/200.36 miHillcrest, Pentwyn, Neath, Neath Port Talbot SA11 1YW3
£77K11/200.36 mi3, Pentwyn, Neath, Neath Port Talbot SA11 1YW3
£250K10/210.37 mi24, Cimla Crescent, Neath, Neath Port Talbot SA11 3NN3
£145K03/230.37 mi42, Valley View, Neath, Neath Port Talbot SA11 3SE3
£140K02/240.37 mi22, Valley View, Neath, Neath Port Talbot SA11 3SE3
£220K10/230.38 mi92, Cimla Crescent, Neath, Neath Port Talbot SA11 3NP3
£140K03/210.39 mi12, Bilton Road, Neath, Neath Port Talbot SA11 1YU3

Local Rents

14 rents from £700/mo to £925/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£92501/250.16 mi-3
£90002/250.17 mi-3
£92512/240.26 miWellfield Avenue, Neath3
£80012/240.33 miGeorge Street, NEATH3
£75008/240.42 mi-3
£79511/240.46 mi-3
£80012/240.46 mi-3
£90008/240.5 miBrookdale Street, NEATH3
£70009/240.52 mi-3
£84503/250.53 mi-3
£80008/240.54 miElias Street, Neath, Neath Port Talbot.3
£79512/240.57 mi-3
£79512/240.57 mi-3
£90008/240.59 miOsborne Street, NEATH3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £130,000

April 17, 2024

Sold for £63,000

2014

Description

  • Three Bedroom Family Home +
  • Semi-Detached Corner Plot Property +
  • Two Outbuildings To Rear +
  • Potential To Modernise +
  • Freehold +
  • EPC -C +
  • Available With No Chain +
  • Located Close To A Host Of Local Amenities +
  • Council Tax Band - B +
  • Need A Mortgage? We Can Help! +

Situated in a popular area, this semi-detached corner plot property comprises of a hallway, lounge and kitchen / diner to the ground floor and three bedrooms and bathroom to the first floor, also having an enclosed rear garden with laid to lawn area, patio area, external power supply, side gate and access to two small outbuildings. Located in Cimla just outside Neath Town Centre, close to all local amenities and within walking distance to Cefn Season School, whilst also having easy access links to the A465 and M4 corridor.

Please visit our new and improved website for more information!

Agent Details

Peter Morgan, Neath

01639 505110

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪