3 Bed Terraced House, Single Let, Neath, SA11 2HE, £90,000

Pant Yr Heol, Neath, SA11 2HE - 5 months ago

Sold STC
Auction
BTL
ROI: 15%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£73K - £215K
Sold Prices/m²£683/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£111,437
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£595 - £975

Rent Estimate

£817

Running Costs/mo

£465

Cashflow/mo

£352

Cashflow/yr

£4,228

ROI

15%

Gross Yield

11%

Local Sold Prices

48 sold prices from £73K to £215K, average is £112K. £683/m² to £2.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£100K11/210.03 mi30, Penrhiwtyn Street, Neath, Neath Port Talbot SA11 2HG3
£102K06/240.03 mi37, Penrhiwtyn Street, Neath, Neath Port Talbot SA11 2HG3
£85K03/240.07 mi9, Collins Street, Neath, Neath Port Talbot SA11 2HH3
£195K07/210.07 mi18, May Drew Way, Neath, Neath Port Talbot SA11 2HX3
£215K10/230.07 mi4, May Drew Way, Neath, Neath Port Talbot SA11 2HX3
£95K07/240.11 mi123, Pant Yr Heol, Neath, Neath Port Talbot SA11 2HB3
£162.5K12/200.11 mi51, Penrhiwtyn Drive, Neath, Neath Port Talbot SA11 2JF3
£100K12/200.12 mi59, Pant Yr Heol, Neath, Neath Port Talbot SA11 2HN3
£170K05/230.12 mi54, Westbourne Road, Neath, Neath Port Talbot SA11 2EW3
£122K12/200.12 mi63, Westbourne Road, Neath, Neath Port Talbot SA11 2EW3
£175K04/210.13 mi12, Glyn Garfield Close, Neath, Neath Port Talbot SA11 2JR3
£149.5K07/210.14 mi36, Westbourne Road, Neath, Neath Port Talbot SA11 2EP3
£205K07/240.14 mi27, Havard Jones Close, Neath, Neath Port Talbot SA11 2HR3
£110K10/210.21 mi7, Morgans Terrace, Neath, West Glamorgan SA11 2SY3
£87K03/210.21 mi8, Morgans Terrace, Neath, Neath Port Talbot SA11 2SY3
£149.9K10/230.22 mi15, Cwrt Sart, Neath, Neath Port Talbot SA11 2ST3
£155K05/240.25 mi227, Old Road, Neath, Neath Port Talbot SA11 2ES3
£100K01/230.25 mi264, Old Road, Neath, Neath Port Talbot SA11 2ES3
£80K03/240.25 mi19, Chamberlain Road, Neath, Neath Port Talbot SA11 2BE3
£95.5K05/210.25 mi51, Chamberlain Road, Neath, Neath Port Talbot SA11 2BE3
£92K10/210.25 mi18, Greenwood Road, Neath, Neath Port Talbot SA11 2BD3
£115K04/240.29 mi48, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£110K03/230.29 mi46, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£90K07/230.29 mi8, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£106K06/240.29 mi19, Furnace Terrace, Neath, Neath Port Talbot SA11 2EE3
£149.9K05/230.3 mi9, Wembley, Neath, Neath Port Talbot SA11 2AT3
£112K06/210.31 mi43, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UN3
£73K10/230.32 mi37, Morgans Road, Neath, Neath Port Talbot SA11 2DG3
£89K09/210.33 mi22, Helens Road, Penrhiwtyn, Neath, Neath Port Talbot SA11 2DL3
£112K04/210.34 mi10, Primrose Road, Neath, Neath Port Talbot SA11 2AP3
£108.5K05/210.34 mi332, Old Road, Neath, Neath Port Talbot SA11 2EY3
£150K12/220.36 mi15, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UH3
£105K01/240.37 mi84, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UG3
£90K11/230.37 mi82, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UG3
£150K10/210.37 mi33, Primrose Road, Neath, Neath Port Talbot SA11 2AR3
£153K06/210.37 mi27, Herbert Road, Neath, Neath Port Talbot SA11 2DD3
£142K06/230.38 mi2, Llys Walters, Neath, Neath Port Talbot SA11 2EQ3
£168K07/240.4 mi6, Ormond Street, Neath, Neath Port Talbot SA11 2TH3
£117.5K03/210.42 mi67, Ruskin Street, Neath, Neath Port Talbot SA11 2HY3
£185K06/210.42 mi301, Old Road, Briton Ferry, Neath, Neath Port Talbot SA11 2HA3
£90K06/210.44 mi30, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TL3
£73K11/230.46 mi30, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£154K08/240.46 mi43, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£117.5K12/230.46 mi10, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TF3
£92.5K09/210.47 mi11, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£125K06/210.47 mi15, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£175K03/230.47 mi5, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£101.5K12/230.47 mi7, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3

Local Rents

12 rents from £595/mo to £975/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£80012/240.09 miHowell Road, NEATH3
£87512/240.11 miPant Yr Heol, NEATH3
£87508/240.11 miPenrhiwtyn Drive, Briton Ferry, Neath, SA11 2JF3
£85012/240.15 miFarm Road, NEATH3
£59508/240.21 miMorgans Terrace, Briton Ferry, Neath3
£97510/240.22 mi-3
£90008/240.28 miMorgans Road, Neath, 3
£84501/250.36 mi-3
£95012/240.44 miBryn Teg, NEATH3
£87501/250.48 mi-3
£90012/240.49 miGlanymor Street, Briton Ferry, NEATH3
£84502/250.55 mi-3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

3.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £90,000

November 16, 2024

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Council Tax Band - C +
  • Modern Method Of Sale +
  • Bay Fronted +
  • Rear Lane Access +
  • Utility Room & Ground Floor W.C +

SUMMARY
A stone, bay fronted end of terraced property for sale with no on-going chain. Benefiting from three bedrooms, two reception rooms, a utility room, a ground floor w.c and first floor family bathroom and an enclosed rear garden with rear lane access. Ideal first time buy or investment opportunity.

DESCRIPTION
A generous size three bedroom end of terrace property for sale with no on going chain. Situated in Briton Ferry, Neath, within close proximity to local schools, shops and public transport links and just a short drive to Neath Town Centre and the M4 corridor, making it ideal for commuters.
The property comprises of an entrance hall, two reception rooms, one of which features a bay window, a kitchen, utility room and w.c to the ground floor. The first floor features three bedrooms and a family bathroom.
To the front of the property there is a fore court and the rear garden offers an enclosed space with rear lane access.
Internal viewings come recommended.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall 

Lounge 10' 5" min x 10' 9" min ( 3.17m min x 3.28m min )

Dining Room 11' 2" x 8' 5" min ( 3.40m x 2.57m min )

Kitchen 12' 4" x 8' 5" ( 3.76m x 2.57m )

Utility Room 6' x 4' 4" ( 1.83m x 1.32m )

Landing 

Bedroom One 14' 7" x 10' 7" max ( 4.45m x 3.23m max )

Bedroom Two 10' 9" x 8' 6" max ( 3.28m x 2.59m max )

Bedroom Three 12' 2" x 5' 1" ( 3.71m x 1.55m )

Bathroom 

Ground Floor W.C 

Front Fore Court 

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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