2 Bed Terraced House, Single Let, Swansea, SA8 4BN, £50,000

136 Swansea Road, Trebanos, Pontardawe, Swansea, SA8 4BN - 1 views - 6 months ago

Sold STC
Auction
BTL
ROI: 19%
81 m²
+8 photos

ValuationUndervalued

Sold Prices£58K - £252K
Sold Prices/m²£965/m² - £3K/m²

 

 

Square Metres

81 m²
Price/m²£617/m²

Value Estimate

£60,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£525 - £1,600

Rent Estimate

£540

Running Costs/mo

£284

Cashflow/mo

£256

Cashflow/yr

£3,069

ROI

19%

Gross Yield

13%

Local Sold Prices

50 sold prices from £58K to £252K, average is £133.5K. £965/m² to £3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£81K04/240.12 mi21, Danygraig Road, Trebanos, Swansea, Neath Port Talbot SA8 4DS2
£58K10/200.14 mi79, Swansea Road, Trebanos, Swansea, Neath Port Talbot SA8 4BL2
£132K10/220.18 mi37, New Road, Trebanos, Swansea, Neath Port Talbot SA8 4DL2
£158K04/240.18 mi47, New Road, Trebanos, Swansea, Neath Port Talbot SA8 4DL2
£73K05/220.48 mi111a, Heol Y Llwynau, Trebanos, Swansea, Neath Port Talbot SA8 4DB2
£247.5K01/240.58 mi15, Oakwood Close, Clydach, Swansea SA8 4DU2
£177.5K03/230.58 mi2, Oakwood Drive, Clydach, Swansea SA8 4DG2
£131K06/210.61 mi9, Derwen Road, Alltwen, Swansea, West Glamorgan SA8 3AU2
£113.5K05/220.74 mi110, Lon Tanyrallt, Alltwen, Swansea, Neath Port Talbot SA8 3AS2
£150K06/230.79 mi35, Gwyn Street, Pontardawe, Swansea, Neath Port Talbot SA8 3AL2
£150K11/230.8 mi22, Heol Glanllechau, Alltwen, Swansea, Neath Port Talbot SA8 3AP2
£146.5K06/230.81 mi196, Tyn Y Cae, Pontardawe, Swansea, Neath Port Talbot SA8 3DN2
£252K10/220.84 mi131, Kingrosia Park, Clydach, Swansea SA6 5PW2
£170K11/200.89 mi115, Kingrosia Park, Clydach, Swansea SA6 5PJ2
£100K09/230.93 mi19, Francis Street, Pontardawe, Swansea, Neath Port Talbot SA8 4EQ2
£133K07/220.95 mi3, Primrose Row, Pontardawe, Swansea, Neath Port Talbot SA8 4AE2
£149K05/210.95 mi18, Kingrosia Park, Clydach, Swansea SA6 5PN2
£145K12/201 mi75, James Street, Pontardawe, Swansea SA8 4LR2
£88K03/211.01 mi10, Orchard Street, Pontardawe, Swansea, Neath Port Talbot SA8 4ER2
£112K11/231.01 mi10, Orchard Street, Pontardawe, Swansea, Neath Port Talbot SA8 4ER2
£95K11/201.04 mi8, Brynamlwg, Clydach, Swansea SA6 5NB2
£125.5K06/221.04 mi3, Tawe Terrace, Pontardawe, Swansea, Neath Port Talbot SA8 4HA2
£117K04/211.06 mi14, Ynys Y Mond Road, Glais, Swansea SA7 9JA2
£200K10/231.09 mi16, Quarr Road, Pontardawe, Swansea, Neath Port Talbot SA8 4JD2
£118K03/221.14 mi37, Bryn Llewelyn, Alltwen, Swansea, Neath Port Talbot SA8 3BR2
£130K08/221.14 mi3, Thomas Street, Pontardawe, Swansea, Neath Port Talbot SA8 4HD2
£105K02/211.16 mi2, Lon Hir, Alltwen, Swansea, Neath Port Talbot SA8 3DQ2
£160K11/221.16 mi10, Lon Hir, Alltwen, Swansea, Neath Port Talbot SA8 3DQ2
£113K05/211.17 mi25, West Crossways, Pontardawe, Swansea, Neath Port Talbot SA8 4NE2
£160K11/221.21 mi22, George Street, Pontardawe, Swansea, Neath Port Talbot SA8 4HQ2
£140K05/211.21 mi4, Graig Terrace, Glais, Swansea SA7 9HY2
£68K12/201.22 mi68, High Street, Pontardawe, Swansea, Neath Port Talbot SA8 4JN2
£68K12/201.22 mi68, High Street, Pontardawe, Swansea, Neath Port Talbot SA8 4JN2
£165K12/201.27 mi76, Dyffryn Road, Alltwen, Swansea, Neath Port Talbot SA8 3BY2
£190K05/211.27 mi29, Bronywawr, Pontardawe, Swansea, Neath Port Talbot SA8 4JY2
£200K11/231.27 mi76, Dyffryn Road, Alltwen, Swansea, Neath Port Talbot SA8 3BY2
£177K09/221.29 mi23, Waun Gron, Rhydyfro, Swansea, Neath Port Talbot SA8 4LW2
£164.3K09/221.29 mi28, Waun Gron, Rhydyfro, Swansea, Neath Port Talbot SA8 4LW2
£85K04/211.3 miFlat 11, Woodland Court, Brecon Road, Pontardawe, Swansea, Neath Port Talbot SA8 4PW2
£124K12/221.31 mi38, Gwyrddgoed Road, Pontardawe, Swansea, Neath Port Talbot SA8 4NL2
£112.5K10/231.31 mi49, Gwyrddgoed Road, Pontardawe, Swansea, Neath Port Talbot SA8 4NL2
£130K07/231.31 mi33, Graigola Road, Glais, Swansea SA7 9HS2
£130K01/231.33 mi6, Bryn Hawddgar, Clydach, Swansea SA6 5LA2
£160K09/221.33 mi18, Cefn Llan Road, Pontardawe, Swansea, Neath Port Talbot SA8 4NA2
£142K12/221.35 mi45, Edward Street, Alltwen, Swansea, Neath Port Talbot SA8 3DB2
£134K06/231.35 mi16, Ramsay Road, Clydach, Swansea SA6 5JU2
£140K10/231.45 mi3, Gellideg, Pontardawe, Swansea, Neath Port Talbot SA8 4LX2
£115K06/211.46 mi1, Tygwyn Road, Clydach, Swansea SA6 5LX2
£178K03/231.47 mi191, Delffordd, Rhos, Swansea, Neath Port Talbot SA8 3EW2
£173K07/231.47 mi323, Delffordd, Rhos, Swansea, Neath Port Talbot SA8 3HG2

Local Rents

24 rents from £525/mo to £1.6K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£92002/240.01 mi-3
£52507/240.03 mi-1
£85012/240.46 miSwansea Road, Pontardawe3
£65009/231.27 mi-2
£67510/231.3 mi-1
£90012/241.32 miMaes Yr Ysgol, Pontardawe2
£75002/251.37 mi-2
£75008/241.43 miEdison Crescent, Clydach, Swansea.2
£89510/231.5 mi-3
£79506/241.5 mi-3
£95008/241.51 miTawe Place, Clydach, SWANSEA3
£65010/241.52 mi-2
£64512/241.53 mi-1
£72508/241.6 miDelffordd, Rhos, Pontardawe3
£52508/241.7 miNeath Road, Rhos, Pontardawe, Neath and Port Talbot.2
£1,09502/241.71 mi-3
£90008/241.76 miHeol Graig Felen, Clydach3
£90008/241.76 miHeol Graig Felen, Clydach, SWANSEA3
£1,10012/241.78 miCommercial Road, Pontardawe , Swansea4
£1,10008/241.86 mi-2
£75010/241.98 mi-2
£1,60003/252.03 mi-3
£90008/242.19 miLon Heddwch, Clydach, SWANSEA2
£82508/242.41 miYnysmeudwy Road, Pontardawe, Swansea.3

Local Area Statistics

Population in SA8

12,475

Population in Swansea

269,408

Town centre distance

6.47 miles away

Nearest school

0.10 miles away

Nearest train station

3.38 miles away

 

 

Rental growth (12m)

-32%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £50,000

October 18, 2024

Description

  • Ideal Investment +
  • Perfect BTL or Flip +
  • Huge Potential +
  • Backing onto Swansea Canal +
  • Good access to Swansea +
  • Auction +

**Guide Price £50,000 * Plus 5% Buyers Premium + VAT

For sale by unconditional online auction on the 28th of November 2024.

Registration is now open, bidding opens on 28th of November at 10:00 28th of November at 12:05**

Auction 28/11/24
Viewing - Friday October 25th at 1pm

Description
Auction 28/11/24
Viewing - Friday October 25th at 1pm

A great opportunity to flip or an ideal btl property in the popular village of Trebanos, Swansea.

Lounge, dining room, kitchen, downstairs wc. 2 Double bedrooms and Bathroom. Basement room. Rear garden overlooking Swansea Canal.

Trebanos is located within approximately 8 miles from Swansea City Centre and being convenient to the Dvla, Morriston Hospital and having great access.

Great opportunity. Contact us for more details.

Tenure
Presumed Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country Property Auctions, Oswestry

0117 463 3986

Next Steps?

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