2 Bed Terraced House, Single Let, Neath, SA11 1AT, £95,000

Briton Ferry Road, Neath, Neath Port Talbot., SA11 1AT - 1 views - 8 months ago

BTL
ROI: 10%
~111 m²
+5 photos

ValuationUndervalued

Sold Prices£60K - £227K
Sold Prices/m²£771/m² - £2K/m²

 

 

Square Metres

~111.10 m²
Price/m²£855/m²

Value Estimate

£114,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£650 - £845

Rent Estimate

£695

Running Costs/mo

£456

Cashflow/mo

£239

Cashflow/yr

£2,870

ROI

10%

Gross Yield

9%

Local Sold Prices

51 sold prices from £60K to £227K, average is £89K. £771/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£98K08/210.03 mi9, Marshfield Road, Neath, Neath Port Talbot SA11 1BD2
£98K09/230.05 mi3, Taylors Row, Neath, Neath Port Talbot SA11 1SY2
£65K12/210.06 mi4, Exchange Road, Neath, Neath Port Talbot SA11 1TD2
£60K11/230.07 mi41, Briton Ferry Road, Neath, Neath Port Talbot SA11 1AR2
£80K01/210.09 mi34, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£84.6K11/210.09 mi32, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£85K12/200.12 mi12, Whittington Street, Neath, Neath Port Talbot SA11 1AW2
£90K05/230.13 mi21, Whittington Street, Neath, Neath Port Talbot SA11 1AN2
£61K01/210.14 mi30, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£95K05/230.14 mi17, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£107K05/240.15 mi23, New Henry Street, Neath, Neath Port Talbot SA11 1PH2
£90K07/230.2 mi5, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£82.5K02/240.2 mi11, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£75.5K06/210.21 mi7, Springfield Terrace, Neath, Neath Port Talbot SA11 1AB2
£80K03/210.23 mi16, Wallace Road, Neath, Neath Port Talbot SA11 1YL2
£82.5K07/230.23 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£82.5K07/230.23 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£85K06/230.25 mi46, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£120K02/240.25 mi42, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£87K04/210.26 mi32, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£100K12/230.26 mi58, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£74K07/230.28 mi50, King Street, Neath, Neath Port Talbot SA11 1PF2
£110K03/230.28 mi84, Evans Road, Neath, Neath Port Talbot SA11 2DB2
£100K11/210.28 mi53, Wallace Road, Neath, Neath Port Talbot SA11 1YH2
£72.5K11/200.28 mi26, King Street, Neath, Neath Port Talbot SA11 1PW2
£81.5K03/210.28 mi39, King Street, Neath, Neath Port Talbot SA11 1PW2
£63.5K02/210.28 mi42, King Street, Neath, Neath Port Talbot SA11 1PW2
£79K06/230.28 mi27, King Street, Neath, Neath Port Talbot SA11 1PW2
£105K02/210.31 mi8, Bowden Road, Neath, Neath Port Talbot SA11 1UH2
£90K11/200.32 mi1, Burnside, Neath, Neath Port Talbot SA11 1UL2
£97K11/230.32 mi1, Maes Y Ffynon Close, Neath, Neath Port Talbot SA11 1HQ2
£69K11/200.33 mi62, Windsor Road, Neath, Neath Port Talbot SA11 1NH2
£66K12/200.34 mi9, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£77K06/210.34 mi19, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£98K05/240.38 mi8, Rectory Road, Neath, Neath Port Talbot SA11 1ET2
£114K08/240.38 mi6, Morgans Road, Neath, Neath Port Talbot SA11 2DG2
£98K03/230.38 mi9, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£117K09/230.38 mi15, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£183K06/240.4 mi8, Bilton Road, Neath, Neath Port Talbot SA11 1YU2
£79.3K01/210.46 mi5, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£85K10/230.46 mi28, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£116K04/240.47 mi49, Morgans Road, Neath, Neath Port Talbot SA11 2EL2
£80K05/240.47 mi8, Highbury Court, Neath, Neath Port Talbot SA11 1TX2
£132K08/240.47 mi14, Greenwood Road, Neath, Neath Port Talbot SA11 2BD2
£120K11/230.47 mi8, Greenwood Road, Neath, Neath Port Talbot SA11 2BD2
£105K06/230.47 mi19, Griffiths Buildings, Penrhiwtyn, Neath, Neath Port Talbot SA11 2EG2
£95K10/210.48 mi6, Eaglesbush Close, Neath, Neath Port Talbot SA11 2AL2
£89K03/210.49 mi23, Addison Road, Neath, Neath Port Talbot SA11 2AY2
£110K01/240.57 mi5, Bank Side, Neath, Neath Port Talbot SA11 1RY2
£227K04/210.59 mi6, Pearson Way, Neath, Neath Port Talbot SA11 2EJ2
£85K08/210.61 mi51, Pant Yr Heol, Neath, Neath Port Talbot SA11 2HN2

Local Rents

16 rents from £650/mo to £845/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£70009/240.06 mi-2
£70012/240.13 mi-2
£74503/250.14 mi-2
£79512/240.16 mi-2
£79512/240.16 mi-2
£79512/240.19 mi-2
£80012/240.22 miHenry Street, NEATH2
£69512/240.22 mi-2
£84511/230.23 mi-2
£84511/230.23 mi-2
£84504/250.27 mi-2
£72510/240.28 mi-2
£65008/240.3 mi-2
£69508/240.32 miLondon Road, Neath, 2
£79511/240.37 mi-2
£75010/240.47 mi-2

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.74 miles away

Nearest school

0.30 miles away

Nearest train station

0.51 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 £95,000

March 16, 2025

Listed for £100,000

August 16, 2024

Floor Plans

Description

  • MID TERRACE PROPERTY +
  • 2 BEDROOMS +
  • LOUNGE TO SITTING ROOM +
  • KITCHEN +
  • UPSTAIRS BATHROOM +
  • IDEAL FIRST PURCHASE / INVESTMENT +
  • NO CHAIN +

IDEAL FIRST PURCHASE / INVESTMENT OPPORTUNITY!
2 Bedroom mid terrace property, situated on Briton Ferry Road. Property offers; Porch, hallway, lounge opening to sitting room, kitchen to the ground floor. 2 Bedrooms & bathroom on the 1st floor. Externally the property offers an enclosed rear garden. Neath has many local amenities, shops, schools, regular bus & rail service & good road links to the M4 corridor. Call us today to book your viewing.....

Agent Details

Clee Tompkinson & Francis, Neath

01639 501239

Next Steps?

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