4 Bed Detached House, Single Let, Neath, SA11 2HX, £250,000

16 May Drew Way, Penrhiwtyn, Neath, SA11 2HX - a year ago

BTL
~88 m²
+17 photos

ValuationOvervalued

Sold Prices£80K - £450K
Sold Prices/m²£1.1K/m² - £2.9K/m²

 

 

Square Metres

~88.35 m²
Price/m²£2.8K/m²

Value Estimate

£160,440

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Rent Range

£595 - £975

Rent Estimate

£817

Running Costs/mo

£965

Cashflow/mo

£-148

Cashflow/yr

£-1,772

Gross Yield

4%

Local Sold Prices

26 sold prices from £80K to £450K, average is £222.5K. £1.1K/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£227K11/210 mi7, May Drew Way, Neath, Neath Port Talbot SA11 2HX4
£230K06/230.05 mi25, Penrhiwtyn Drive, Neath, Neath Port Talbot SA11 2JF4
£210K03/210.05 mi47, Penrhiwtyn Drive, Neath, Neath Port Talbot SA11 2JF4
£190K03/210.07 mi3, Havard Jones Close, Neath, Neath Port Talbot SA11 2HR4
£250K12/220.07 mi12, Havard Jones Close, Neath, Neath Port Talbot SA11 2HR4
£260K07/230.09 mi38, Edith Mills Close, Neath, Neath Port Talbot SA11 2JL4
£180K12/200.09 mi25, Edith Mills Close, Neath, Neath Port Talbot SA11 2JL4
£255K12/220.09 mi27, Edith Mills Close, Neath, Neath Port Talbot SA11 2JL4
£198K06/210.09 mi40, Edith Mills Close, Neath, Neath Port Talbot SA11 2JL4
£272K06/230.09 mi10, Edith Mills Close, Neath, Neath Port Talbot SA11 2JL4
£270K08/210.17 mi163, Old Road, Neath, Neath Port Talbot SA11 2BN4
£225K02/240.18 mi268e, Old Road, Neath, Neath Port Talbot SA11 2ES4
£330K10/230.38 mi8, The Avenue, Neath, Neath Port Talbot SA11 2FD4
£375K02/230.49 miThe Lodge, Eaglesbush Valley, Neath, Neath Port Talbot SA11 2AN4
£80K09/230.58 mi159, Shelone Road, Neath, Neath Port Talbot SA11 2NE4
£120K11/200.61 mi21, Hoo Street, Neath, Neath Port Talbot SA11 2PA4
£185K05/210.64 mi61, Giants Grave Road, Neath, Neath Port Talbot SA11 2LN4
£195K07/210.67 mi9, Giants Grave Road, Neath, Neath Port Talbot SA11 2ND4
£135K08/230.7 mi13, Vernon Street, Neath, Neath Port Talbot SA11 2PE4
£135K01/240.85 mi5, Edwards Street, Neath, Neath Port Talbot SA11 1TU4
£195K07/210.9 mi44, Lewis Road, Neath, Neath Port Talbot SA11 1DX4
£450K02/230.92 mi95a, Lewis Road, Neath, Neath Port Talbot SA11 1DJ4
£263K06/210.92 miThe Willows, Lewis Road, Neath, Neath Port Talbot SA11 1DJ4
£220K11/200.92 mi75, Lewis Road, Neath, Neath Port Talbot SA11 1DJ4
£260K12/200.92 mi69, Lewis Road, Neath, Neath Port Talbot SA11 1DJ4
£190K12/211 mi86, London Road, Neath, Neath Port Talbot SA11 1HN4

Local Rents

14 rents from £595/mo to £975/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£87508/240.06 miPenrhiwtyn Drive, Briton Ferry, Neath, SA11 2JF3
£87512/240.09 miPant Yr Heol, NEATH3
£85012/240.13 miFarm Road, NEATH3
£90004/250.15 mi-3
£80012/240.15 miHowell Road, NEATH3
£59508/240.18 miMorgans Terrace, Briton Ferry, Neath3
£97510/240.2 mi-3
£90008/240.3 miMorgans Road, Neath, 3
£84501/250.37 mi-3
£95012/240.46 miBryn Teg, NEATH3
£87501/250.47 mi-3
£94004/250.47 mi-3
£90012/240.49 miGlanymor Street, Briton Ferry, NEATH3
£84503/250.55 mi-3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

3.31 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £250,000

April 22, 2024

Floor Plans

Description

  • A deceptively spacious detached family home +
  • Nestled within the popular Redrow development of Cwrt Penrhiwtyn +
  • Positioned with a southerly facing rear aspect +
  • Offering convenient commuter access to the M4 and A465 +
  • Within walking distance to local amenities, shops and Ysgol Carreg Hir +
  • Four good sized bedrooms, Master with private en-suite +
  • Upgraded boiler and water pressure pump installed +
  • Large driveway with detached garage +
  • Private and enclosed southerly facing rear garden +

This very well presented four bedroom detached family home is situated within the popular modern development of Cwrt Penrhiwtyn. It is ideal located witnin the heart of Briton Ferry, offering an abundance of local amenities and convenient transport links.

The development itself was built by Redrow, a very well regarded developer. The property has been owned by the same vendor since its construction around 2005 but now benefits from an upgraded heating system, an added water pressure pump and an extended paved patio area. 

The property is entered via a solid wood and glazed panel door into a light and inviting entrance hallway, with ceramic tiled flooring, the stairs providing access to the first floor accommodation and doorways leading to the lounge, cloakroom, a useful understairs storage cupboard and the kitchen. 

The spacious lounge has a window to the front elevation, enjoying views over the garden and fitted carpet that continues through to the dining area. The dining area features a set of sliding patio doors to rear, flooding the room with natural light and provides views and access to the garden. 

A doorway within the dining room leads into the well appointed kitchen. The kitchen has been fitted with a matching range of wooden base and wall mounted units, with a laminated worksurface over. It provides an integrated four burner gas hob with electric oven below, a stainless steel sink unit positioned below the rear window and allows space for a fridge/freezer and one further appliance. To the side of the kitchen an opening allows access into the utility room. This area offers space for a further two appliances and currently houses the modern Baxi boiler. A doorway to the side provides combined access straight out onto the driveway. 
The cloakroom has been fitted with a white two piece suite. It has a continuation of the same ceramic tiled flooring as the hallway and features an obscure glazed window to the front.

To the first floor, the stairs, bedrooms and landing area has been fitted with carpet flooirng. The landing gives access to all four bedrooms and the family bathroom. The Master bedroom is positioned to the front of the property. This large room offers a convenient alcove area to one wall, ideal for positioning free standing wardrobes, a window to the front and a doorway giving access to the private en-suite shower room. The shower room has been fitted with a white three piece suite and has an obscure glazed window to the side. 
The remaining three bedrooms all share use of the family bathroom. The bathroom has been fitted with a white three piece suite, an obscure glazed window to the side and also includes an over bath fitted shower. 

Outside to the front of the property there is an established, low maintenance garden, laid mainly to stone chippings and features an array of plant borders and a blossom tree.  To the side of the property is a long driveway, providing off road parking for two/three vehicles ahead of the detached single garage. The garage has a traditional up and over garage door, with a further pedestrian door to the side for access to the garden and benefits from power supply. The garden is fully enclosed, mainly by a brick built boundary wall and a tall wooden side gate off the driveway. The garden is mainly laid to lawn, with mature shrub and plant borders and is southerly facing, with a newly laid patio area enjoying the sun all afternoon into the evening.

Agent Details

Herbert R Thomas, Neath

01639 505122

Next Steps?

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