5 Bed HMO, Neath, SA11 3BE, £180,000

4 Victoria Gardens, Neath Port Talbot. SA11 3BE - 8 months ago

Sold STC
HMO
ROI: 20%
144 m²
+23 photos

ValuationUndervalued

Sold Prices£180K - £750K
Sold Prices/m²£575/m² - £2.8K/m²

 

 

Square Metres

144 m²
Price/m²£1.3K/m²

Value Estimate

£216,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Room Rate

£511

Gross Rent

£2,555

Running Costs/mo

£1,626

Cashflow/mo

£929

Cashflow/yr

£11,150

ROI

20%

Gross Yield

17%

Local Sold Prices

23 sold prices from £180K to £750K, average is £295K. £575/m² to £2.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£180K05/210.02 mi7, Victoria Gardens, Neath, Neath Port Talbot SA11 3BD5
£242K01/210.03 mi4, Cimla Road, Neath, Neath Port Talbot SA11 3PW5
£196.5K11/200.04 mi16, Ena Avenue, Neath, Neath Port Talbot SA11 3AD5
£295K12/200.4 mi20, Hawthorn Avenue, Neath, West Glamorgan SA11 3NW5
£525K11/210.71 mi2, Llewellyn Avenue, Neath, Neath Port Talbot SA10 7AL5
£400K12/200.72 mi85, Woodlands Park Drive, Neath, Neath Port Talbot SA10 8AW5
£750K01/230.77 miLyndhurst, Main Road, Cadoxton, Neath, Neath Port Talbot SA10 8AP5
£540K12/200.85 mi7, Stanley Place, Cadoxton, Neath, Neath Port Talbot SA10 8BE5
£210K03/240.91 mi131, Old Road, Neath, Neath Port Talbot SA11 2DF5
£180K05/230.91 mi109, Old Road, Neath, Neath Port Talbot SA11 2DF5
£350K05/210.93 mi9, Wrenwood, Neath, Neath Port Talbot SA10 7PU5
£377K07/230.95 mi12, Millbank, Neath, Neath Port Talbot SA10 7FJ5
£248K03/211.03 mi10, Mill Race, Neath Abbey, Neath, Neath Port Talbot SA10 7FL5
£200K06/211.06 mi74, Bryncatwg, Neath, Neath Port Talbot SA10 8BH5
£190K03/211.07 mi26, Llygad Yr Haul, Neath, Neath Port Talbot SA10 7SR5
£247K11/201.1 mi2, The Oaks, Cimla, Neath, Neath Port Talbot SA11 3RJ5
£350K08/231.1 mi2, The Oaks, Cimla, Neath, Neath Port Talbot SA11 3RJ5
£222K01/211.17 mi19, The Croft, Neath Abbey, Neath, Neath Port Talbot SA10 7NW5
£460K12/201.2 mi24, Gilfach Road, Neath, Neath Port Talbot SA10 8EH5
£377K12/201.57 mi12, Channel View, Neath, Neath Port Talbot SA10 7TH5
£379.9K11/201.74 mi29a, Furzeland Drive, Neath, Neath Port Talbot SA10 7UF5
£237K12/201.74 mi28, Pale Road, Neath, Neath Port Talbot SA10 6BW5
£330K04/211.84 mi20, Birchwood Close, Neath, Neath Port Talbot SA10 7UP5

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.28 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 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 £180,000

December 17, 2024

Listed for £220,000

August 10, 2024

Description

  • Potential HMO Subject To Regulations +
  • Semi-Detached Property +
  • Five Bedrooms +
  • Freehold +
  • EPC - E +
  • Off Road Parking +
  • Great Location Of Neath Town Centre +
  • Council Tax - A +
  • Huge Potential For Temporary Housing +
  • Need A Mortgage? We Can Help! +

Viewing is highly recommended to appreciate potential and location.

We are delighted to offer this unique opportunity to acquire, semi-detached house situated in the heart of Neath town centre. Having potential for being sold as one entity, providing ample space and versatility for a variety of potential uses, whether for residential, rental, or commercial purposes.
Key Features:
- Location: Located in Neath town centre, the properties offer excellent access to local amenities, public transport links, and schools. The proximity to shops, cafes, and parks makes this an ideal spot for convenience and leisure.
- Accommodation: Semi-detached house features multiple spacious bedrooms, living areas, kitchens, and bathrooms. The interiors have been maintained to a high standard, offering a blend of modern comfort and traditional charm.
- Potential Uses: The property provides a range of opportunities for prospective buyers. Whether you’re looking to create a large family home, invest in rental properties, or explore commercial development options, this semi-detached house offers flexible solutions.
- Exterior: The properties boast attractive stone facades, bay windows, and a shared garden space at the rear. The exterior is well-maintained and complements the surrounding architecture of the neighbourhood.
- Parking: Off road to the rear to the rear of the property
Further Details:
- Energy Performance Certificate (EPC): Available upon request.
- Council Tax Band: Please inquire for further information.
- Viewings: Strictly by appointment with Peter Morgan Property Group.

Agent Details

Peter Morgan, Neath

01639 505110

Next Steps?

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