2 Bed Terraced House, Single Let, Neath, SA11 1PG, £120,000

Henry Street, Neath, SA11 1PG - 1 views - 6 months ago

Sold STC
BTL
ROI: 5%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£60K - £183K
Sold Prices/m²£771/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£86,687

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£650 - £845

Rent Estimate

£695

Running Costs/mo

£534

Cashflow/mo

£161

Cashflow/yr

£1,932

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £60K to £183K, average is £90K. £771/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£82.5K07/230.05 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£82.5K07/230.05 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£90K07/230.06 mi5, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£82.5K02/240.06 mi11, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£74K07/230.07 mi50, King Street, Neath, Neath Port Talbot SA11 1PF2
£72.5K11/200.08 mi26, King Street, Neath, Neath Port Talbot SA11 1PW2
£81.5K03/210.08 mi39, King Street, Neath, Neath Port Talbot SA11 1PW2
£63.5K02/210.08 mi42, King Street, Neath, Neath Port Talbot SA11 1PW2
£79K06/230.08 mi27, King Street, Neath, Neath Port Talbot SA11 1PW2
£107K05/240.08 mi23, New Henry Street, Neath, Neath Port Talbot SA11 1PH2
£61K01/210.08 mi30, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£95K05/230.08 mi17, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£90K05/230.09 mi21, Whittington Street, Neath, Neath Port Talbot SA11 1AN2
£85K12/200.1 mi12, Whittington Street, Neath, Neath Port Talbot SA11 1AW2
£69K11/200.12 mi62, Windsor Road, Neath, Neath Port Talbot SA11 1NH2
£66K12/200.13 mi9, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£77K06/210.13 mi19, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£75.5K06/210.14 mi7, Springfield Terrace, Neath, Neath Port Talbot SA11 1AB2
£98K05/240.17 mi8, Rectory Road, Neath, Neath Port Talbot SA11 1ET2
£98K03/230.17 mi9, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£117K09/230.17 mi15, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£60K11/230.17 mi41, Briton Ferry Road, Neath, Neath Port Talbot SA11 1AR2
£98K08/210.19 mi9, Marshfield Road, Neath, Neath Port Talbot SA11 1BD2
£80K01/210.19 mi34, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£84.6K11/210.19 mi32, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£97K11/230.21 mi1, Maes Y Ffynon Close, Neath, Neath Port Talbot SA11 1HQ2
£87K04/210.22 mi32, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£100K12/230.22 mi58, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£98K09/230.24 mi3, Taylors Row, Neath, Neath Port Talbot SA11 1SY2
£183K06/240.25 mi8, Bilton Road, Neath, Neath Port Talbot SA11 1YU2
£79.3K01/210.27 mi5, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£85K10/230.27 mi28, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£65K12/210.27 mi4, Exchange Road, Neath, Neath Port Talbot SA11 1TD2
£85K06/230.29 mi46, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£120K02/240.29 mi42, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£80K03/210.3 mi16, Wallace Road, Neath, Neath Port Talbot SA11 1YL2
£100K11/210.33 mi53, Wallace Road, Neath, Neath Port Talbot SA11 1YH2
£105K02/210.34 mi8, Bowden Road, Neath, Neath Port Talbot SA11 1UH2
£90K11/200.36 mi1, Burnside, Neath, Neath Port Talbot SA11 1UL2
£110K01/240.36 mi5, Bank Side, Neath, Neath Port Talbot SA11 1RY2
£80K05/240.43 mi8, Highbury Court, Neath, Neath Port Talbot SA11 1TX2
£110K03/230.49 mi84, Evans Road, Neath, Neath Port Talbot SA11 2DB2
£97K12/200.56 mi19, Rosser Street, Neath, Neath Port Talbot SA11 3DA2
£114K08/240.59 mi6, Morgans Road, Neath, Neath Port Talbot SA11 2DG2
£135K03/230.6 mi22, Riverside Drive, Neath, Neath Port Talbot SA11 1RX2
£128K06/230.61 mi9, Willet Close, Neath, Neath Port Talbot SA11 1RZ2
£130K03/230.61 mi16, Willet Close, Neath, Neath Port Talbot SA11 1RZ2
£145K11/230.61 mi17, Willet Close, Neath, Neath Port Talbot SA11 1RZ2
£110K09/170.62 mi19, Thorburn Close, Neath, Neath Port Talbot SA11 1RH-
£80K04/210.62 mi5, Thorburn Close, Neath, Neath Port Talbot SA11 1RH2
£115K06/210.63 mi54, Moorland Road, Neath, Neath Port Talbot SA11 1JW2

Local Rents

17 rents from £650/mo to £845/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£80012/240 miHenry Street, NEATH2
£84511/230.02 mi-2
£84511/230.02 mi-2
£69512/240.03 mi-2
£79512/240.06 mi-2
£84504/250.08 mi-2
£65008/240.09 mi-2
£79512/240.1 mi-2
£79512/240.1 mi-2
£70012/240.1 mi-2
£74503/250.11 mi-2
£72510/240.14 mi-2
£69508/240.14 miLondon Road, Neath, 2
£70009/240.21 mi-2
£75010/240.28 mi-2
£70012/240.55 mi-2
£79511/240.57 mi-2

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.59 miles away

Nearest school

0.30 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £120,000

October 14, 2024

Floor Plans

Description

  • Beautifully Presented Throughout +
  • Ideal First Time Purchase +
  • No On-Going Chain +
  • Council Tax Band - B +
  • Convenient Location +

SUMMARY
The perfect first time purchase! Ideal town centre location with fantastic links to public transport and commuting routes. Boasting a beautiful modern fitted kitchen & bathroom alongside a well kept, enclosed rear garden. To be sold with no on-going chain! Internal viewings are highly recommended.

DESCRIPTION
An immaculately presented family home conveniently located within Neath Town Centre to be sold with no on-going chain. The perfect First Time purchase, suitable buy to let investment or downsize. Boasting fantastic links to mainline trains, bus station and high street stores within the town. As well as great access to well renowned primary & comprehensive schools and the M4 corridor via the A465.
Internally, the property comprises of an entrance porch, leading into a spacious, open plan lounge / diner and a modern fitted kitchen to the rear. Stairs lead up to the first floor landing, housing both double bedrooms, access to the loft space and the family bathroom consisting of a bath with a shower over, w.c and hand wash basin. To the rear is an enclosed garden with patio and lawned areas.
Internal viewings are highly recommended to truly appreciate the property!

Entrance Porch 

Lounge / Diner 21' 1" Max x 15' 2" ( 6.43m Max x 4.62m )

Kitchen 9' 7" x 8' 5" ( 2.92m x 2.57m )

Landing 

Bedroom One 13' 2" x 10' 3" Max ( 4.01m x 3.12m Max )

Bedroom Two 10' 5" x 7' 5" ( 3.17m x 2.26m )

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, Neath

01639 505098

Next Steps?

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