3 Bed Semi-Detached House, Cash/Bridging Only, Swansea, SA1 7JZ, £99,995

76 Carmel Road, Swansea, SA1 7JZ - 7 views - 4 months ago

Cash
ROI: 9%
79 m²
+9 photos

ValuationFair Value

Sold Prices£85.5K - £210K
Sold Prices/m²£1K/m² - £3K/m²

 

 

Square Metres

79 m²
Price/m²£1.3K/m²

Value Estimate

£100,995

 

 

End Value (After Refurb)

£127,494

Uplift in Value

+27%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,999

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£32,280

Bridging Loan Interest

£2,625

Total Cash In

£65,853

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£127,494

Mortgage (After Refinance)

£95,620

Mortgage LTV

75%

Cash Released

£20,624

Cash Left In

£45,229

Equity

£31,873

Rent Range

£850 - £3,500

Rent Estimate

£1,123

Running Costs/mo

£643

Cashflow/mo

£480

Cashflow/yr

£5,760

ROI

9%

Gross Yield

13%

Local Sold Prices

50 sold prices from £85.5K to £210K, average is £139K. £1K/m² to £3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£127.8K11/210 mi65, Carmel Road, Winch Wen, Swansea SA1 7JZ3
£125K11/200 mi81, Carmel Road, Winch Wen, Swansea SA1 7JZ3
£88.5K03/210 mi48, Carmel Road, Winch Wen, Swansea SA1 7JZ3
£143K12/200 mi70, Carmel Road, Winch Wen, Swansea SA1 7JZ3
£120K06/210.08 mi8, Colwyn Avenue, Winch Wen, Swansea SA1 7EE3
£115K07/210.1 mi8, Cardigan Crescent, Winch Wen, Swansea SA1 7ED3
£144K06/210.14 mi41, Cefn Road, Bonymaen, Swansea SA1 7HH3
£100K12/220.14 mi34, Colwyn Avenue, Winch Wen, Swansea SA1 7EH3
£155K03/210.19 mi16, Wyngarth, Winch Wen, Swansea SA1 7EF3
£160K12/220.21 mi138, Carmel Road, Winch Wen, Swansea SA1 7LB3
£195K08/230.22 mi101, Lan Coed, Winch Wen, Swansea SA1 7LR3
£157.5K05/230.22 mi10, Bronllan, Winch Wen, Swansea SA1 7EQ3
£105K02/210.25 mi26, Cefn Llwyn, Bonymaen, Swansea SA1 7DR3
£200K11/200.26 mi332, Jersey Road, Bonymaen, Swansea SA1 7DN3
£170K12/200.35 mi21a, Blaencefn, Winch Wen, Swansea SA1 7LF3
£138K02/210.36 mi2, Clos Celyn, Llansamlet, Swansea SA7 9WA3
£174K11/220.36 mi22, Clos Celyn, Llansamlet, Swansea SA7 9WA3
£130K02/210.39 mi7, Ffordd Briallu, Llansamlet, Swansea SA7 9WB3
£143.5K05/210.39 mi148, Lon Enfys, Llansamlet, Swansea SA7 9XZ3
£165K05/230.39 mi115, Lon Enfys, Llansamlet, Swansea SA7 9XZ3
£125K02/230.39 mi101, Lon Enfys, Llansamlet, Swansea SA7 9XZ3
£210K04/230.39 mi79, Lon Enfys, Llansamlet, Swansea SA7 9XZ3
£205K12/220.39 mi134, Lon Enfys, Llansamlet, Swansea SA7 9XZ3
£175.5K01/230.43 mi1, Ffordd Melyn Mair, Llansamlet, Swansea SA7 9WS3
£147.5K03/210.43 mi53, Cefn Hengoed Road, Winch Wen, Swansea SA1 7LQ3
£175K07/230.43 mi53, Cefn Hengoed Road, Winch Wen, Swansea SA1 7LQ3
£85.5K04/210.44 mi8, Chepstow Place, Bonymaen, Swansea SA1 7HP3
£125K07/210.44 mi9, Caernarvon Way, Bonymaen, Swansea SA1 7HN3
£130K04/210.46 mi229, Jersey Road, Bonymaen, Swansea SA1 7DL3
£170K10/200.47 mi1, Cwrt Lafant, Llansamlet, Swansea SA7 9WR3
£130K02/210.48 mi158, Mansel Road, Bonymaen, Swansea SA1 7JS3
£140K05/230.48 mi158, Mansel Road, Bonymaen, Swansea SA1 7JS3
£125.5K09/210.52 mi10, Lon Enfys, Llansamlet, Swansea SA7 9XQ3
£120K02/210.52 mi70, Lon Enfys, Llansamlet, Swansea SA7 9XQ3
£125K11/220.52 mi79, Tynycae Road, Llansamlet, Swansea SA7 9UN3
£100K06/210.52 mi73, Tynycae Road, Llansamlet, Swansea SA7 9UN3
£117K12/200.54 mi69, Llwyn Crwn Road, Llansamlet, Swansea SA7 9QW3
£147K03/230.54 mi19, Cwm Chapel Road, Bonymaen, Swansea SA1 7DH3
£118K11/200.6 mi78, Tynywaun Road, Llansamlet, Swansea SA7 9US3
£110K08/230.61 mi60, Caerphilly Avenue, Bonymaen, Swansea SA1 7JA3
£143K09/220.61 mi14, Glan Y Wern Road, Llansamlet, Swansea SA7 9UJ3
£100K12/200.61 mi20, Glan Y Wern Road, Llansamlet, Swansea SA7 9UJ3
£100K03/210.61 mi126, Caernarvon Way, Bonymaen, Swansea SA1 7HJ3
£120K12/200.61 mi88, Caernarvon Way, Bonymaen, Swansea SA1 7HJ3
£137K03/210.68 mi10, Midland Place, Llansamlet, Swansea SA7 9QU3
£170K07/230.68 mi22, Midland Place, Llansamlet, Swansea SA7 9QU3
£157K02/210.7 mi25, Heol Dal Y Coppa, Llansamlet, Swansea SA7 9UZ3
£170K11/200.7 mi24, Heol Dal Y Coppa, Llansamlet, Swansea SA7 9UZ3
£195K02/230.7 mi7, Heol Dal Y Coppa, Llansamlet, Swansea SA7 9UZ3
£162K01/210.71 mi27, Peniel Green Road, Llansamlet, Swansea SA7 9AP3

Local Rents

12 rents from £850/mo to £3.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,29508/240.26 miMansel Road, Bonymaen3
£1,15002/240.36 mi-3
£1,00008/240.39 miLon Enfys, Llansamlet, Swansea3
£90008/240.72 mi-3
£3,50001/250.75 mi-3
£1,99503/250.75 mi-3
£85010/240.79 mi-3
£85008/241.08 miNeath Road, Morriston, SWANSEA3
£90012/241.21 mi-3
£1,80002/251.22 mi-3
£1,80003/251.22 mi-3
£90003/251.23 mi-3

Local Area Statistics

Population in SA1

47,355

Population in Swansea

269,408

Town centre distance

3.09 miles away

Nearest school

0.30 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £99,995

December 4, 2024

Sold for £59,995

2004

Sold for £59,995

2004

Floor Plans

Description

  • CASH BUYERS ONLY +
  • Traditional semi-detached property +
  • Two to three bedrooms +
  • Requires full refurbishment +
  • Lounge dining room +
  • Ground floor bathroom +
  • Driveway to front/side * Rear lane access +
  • Large rear garden +
  • Walking distance to schools +
  • Retail Parks & M4 Close buy +

* CASH BUYERS ONLY * Semi-detached property located within Winch Wen, Swansea. Includes; entrance hallway, lounge dining room, kitchen and bathroom to ground floor. To the 1st floor are 2 bedrooms (previously a 3). The property occupies a good size plot with driveway and rear lane vehicle access and large garden. The property requires full refurbishment. Cash buyers only. Close to retail parks, schools and M4. Council Tax Band-B. EPC-D.

Agent Details

Clee Tompkinson & Francis, Swansea

01792 949775

Next Steps?

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