3 Bed Terraced House, Single Let, Swansea, SA1 6ET, £110,000

Rhondda Street, Swansea, SA1 6ET - 3 views - 9 months ago

BTL
ROI: 11%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£66K - £370K
Sold Prices/m²£730/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£136,765
BMV24%

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

£800 - £1,900

Rent Estimate

£850

Running Costs/mo

£534

Cashflow/mo

£316

Cashflow/yr

£3,795

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £66K to £370K, average is £137.8K. £730/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£130K12/200 mi60, Rhondda Street, Swansea SA1 6ET3
£125K07/230 mi55, Rhondda Street, Swansea SA1 6ET3
£130K12/200.04 mi60, Norfolk Street, Swansea SA1 6JE3
£123K06/210.04 mi59, Norfolk Street, Swansea SA1 6JE3
£135.5K07/230.04 mi91, Norfolk Street, Swansea SA1 6JE3
£145K02/230.08 mi130, Rhondda Street, Swansea SA1 6EU3
£210K04/230.09 mi76, Cromwell Street, Swansea SA1 6EX3
£134K09/230.1 mi10, Rhondda Street, Swansea SA1 6ER3
£148K12/210.12 mi33, Terrace Road, Swansea SA1 6HN3
£177.5K07/230.18 mi57, Mount Pleasant, Swansea SA1 6EQ3
£182.5K05/230.18 mi31, Mount Pleasant, Swansea SA1 6EQ3
£200K11/210.23 mi2, Nicholl Street, Swansea SA1 4HE3
£175K07/210.25 mi22, Mount Pleasant, Swansea SA1 6EE3
£71.5K01/210.25 mi24, Portia Terrace, Swansea SA1 6XW3
£140K03/230.27 mi38, Nicander Parade, Mayhill, Swansea SA1 6TY3
£236.5K05/220.27 mi14, Rhianfa Gardens, Swansea SA1 6DH3
£144.5K07/230.31 mi11, Hill Street, Swansea SA1 6XU3
£145.3K08/210.33 mi28, Clifton Hill, Swansea SA1 6XQ3
£280K01/210.34 mi20, Ffynone Drive, Swansea SA1 6DD3
£370K09/230.34 mi20, Ffynone Drive, Swansea SA1 6DD3
£103K07/210.35 mi26, Creidiol Road, Mayhill, Swansea SA1 6TZ3
£112.5K11/210.36 mi82, Watkin Street, Swansea SA1 6YE3
£160K04/230.36 mi98, Watkin Street, Swansea SA1 6YE3
£109.5K11/210.36 mi17, Dyfed Avenue, Townhill, Swansea SA1 6NP3
£82K02/230.38 mi41, Eigen Crescent, Mayhill, Swansea SA1 6LB3
£70K04/230.38 mi9, Pleasant View Terrace, Swansea SA1 6YQ3
£160K04/230.39 mi13, Pantycelyn Road, Townhill, Swansea SA1 6NA3
£110K05/230.4 mi10, Watkin Street, Swansea SA1 6YD3
£95K02/210.41 mi129, Penygraig Road, Townhill, Swansea SA1 6LA3
£105K05/230.42 mi17, Cadrawd Road, Mayhill, Swansea SA1 6UG3
£127.5K05/230.42 mi36, Western Street, Swansea SA1 3JX3
£165K11/200.43 mi22, Phillips Parade, Swansea SA1 4JL3
£82K08/210.43 mi84, Teilo Crescent, Mayhill, Swansea SA1 6SY3
£255K02/230.48 mi49, Westbury Street, Swansea SA1 4JN3
£160K09/230.48 mi51, Westbury Street, Swansea SA1 4JN3
£107K04/210.5 mi346, Townhill Road, Mayhill, Swansea SA1 6PB3
£195K07/230.51 mi15, Glamorgan Street, Swansea SA1 3SY3
£146K03/230.51 mi27, Glamorgan Street, Swansea SA1 3SY3
£115K08/210.54 mi3, Merlin Crescent, Townhill, Swansea SA1 6PS3
£115K11/210.54 mi13, Graig Terrace, Swansea SA1 6YJ3
£110K04/230.55 mi57, Merlin Crescent, Townhill, Swansea SA1 6PR3
£140K08/230.56 mi66, Powys Avenue, Townhill, Swansea SA1 6PQ3
£125K01/210.56 mi10, Baptist Well Place, Swansea SA1 6FD3
£190K03/230.56 mi22, Fleet Street, Swansea SA1 3UT3
£66K09/210.57 mi26, Waun Wen Road, Swansea SA1 6FN3
£209.9K02/230.57 mi18, Bond Street, Swansea SA1 3TU3
£125K07/230.57 mi36, Colbourne Terrace, Swansea SA1 6FW3
£95K02/210.58 mi53, Wheatfield Terrace, Swansea SA1 6FS3
£160K04/210.59 mi22, Bond Street, Swansea SA1 3TU3
£150K02/230.59 mi35, Bond Street, Swansea SA1 3TU3

Local Rents

38 rents from £800/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10002/240.04 mi-3
£99503/250.04 mi-3
£1,19504/250.11 mi-3
£1,29002/250.17 mi-3
£1,10008/240.19 miCarlton Terrace, SWANSEA3
£1,19003/250.2 mi-3
£1,29003/250.2 mi-3
£1,29508/240.22 miNicholl Street, SA13
£1,02008/240.23 miMount Pleasant, Mount Pleasant, Swansea3
£1,10008/240.25 miMount Pleasant, Swansea3
£97508/240.27 miIslwyn Road, Mayhill, SWANSEA3
£1,30011/240.28 mi-3
£1,10012/240.28 mi-3
£1,25011/230.28 miSt. Helens Road, SWANSEA3
£1,11008/240.29 miSt Ledger Crescent, St Thomas, Swansea3
£1,10007/240.31 mi-3
£1,05008/240.33 miCampbell Street, SWANSEA3
£1,05008/240.33 miCampbell Street, Swansea3
£90009/240.36 mi-3
£1,05008/240.39 miWestern Street, Sandfields, Swansea3
£85012/240.41 mi-3
£1,10001/250.41 mi-3
£98502/250.41 mi-3
£1,90008/240.45 miHigh Street, SWANSEA3
£1,90008/240.45 miHigh Street, SWANSEA3
£1,05008/240.46 miSpring Terrace, Sandfields, Swansea3
£80008/240.46 miPenlan Crescent, Uplands3
£1,05008/240.49 miGraig Terrace, Mount Pleasant, Swansea3
£1,38003/250.5 mi-3
£1,38003/250.5 mi-3
£95008/240.52 miMayhill Road, Mayhill, SWANSEA3
£95011/240.52 mi-3
£85010/240.54 mi-3
£90004/250.57 mi-3
£1,02008/240.57 miRodney Street, Sandfields, Swansea3
£1,08008/240.57 miRodney Street, Sandfields, Swansea3
£1,11008/240.57 miRodney Street, Sandfields, Swansea3
£95008/240.58 miWheatfield Terrace, SWANSEA3

Local Area Statistics

Population in SA1

47,355

Population in Swansea

269,408

Town centre distance

1.74 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £110,000

August 6, 2024

Floor Plans

Description

  • Council Tax C +
  • Mid Terrace +
  • Close to Amenities +
  • 3/4 Bedrooms +

SUMMARY
This three bedroom mid terrace offered for sale. An ideal investment opportunity with potential. The property is located within close proximity to Swansea City centre, local shops, schools and public transport links.

DESCRIPTION
This three bedroom mid terrace offered for sale. An ideal investment opportunity with potential. The property is located within close proximity to Swansea City centre, local shops, schools and public transport links. The accommodation is set over 2 floors and briefly comprises entrance hall, lounge, sitting room/ potential for fourth bedroom, dining room, W/C and kitchen to the ground floor. To the first floor there are three bedrooms and a family bathroom. To rear of the property is an enclosed court yard garden and to the front is on street parking with permit parking available. Viewing is highly recommended to fully appreciate this property. Please call Peter Alan Swansea at to arrange a viewing, or book online 24/7 via our website.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Ground Floor 

Entrance Hall  

Sitting Room/ Bedroom  10' 7" Max x 10' 7" ( 3.23m Max x 3.23m )

Lounge 13' 1" Max x 11' ( 3.99m Max x 3.35m )

Dining Room 10' 2" x 11' 5" Max ( 3.10m x 3.48m Max )

Kitchen 8' 5" x 10' 1" ( 2.57m x 3.07m )

W/C 

First Floor 

Landing 

Bedroom One  16' 7" Max x 10' 9" ( 5.05m Max x 3.28m )

Bedroom Two  10' 8" Max x 10' 8" ( 3.25m Max x 3.25m )

Bedroom Three 10' 4" x 8' 8" Max ( 3.15m x 2.64m Max )

Bathroom  

Rear Garden  

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, Swansea

01792 949483

Next Steps?

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