2 Bed Terraced House, Single Let, Neath, SA11 1PW, £85,000

44 King Street, Neath Port Talbot. SA11 1PW - 4 months ago

BTL
ROI: 12%
65 m²
+16 photos

ValuationOvervalued

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

 

 

Square Metres

65 m²
Price/m²£1.3K/m²

Value Estimate

£82,401

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,900

Total Cash In

£25,150

 

 

Cash Out

 

Rent Range

£650 - £1,000

Rent Estimate

£695

Running Costs/mo

£425

Cashflow/mo

£270

Cashflow/yr

£3,245

ROI

13%

Gross Yield

10%

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 
£72.5K11/200.01 mi26, King Street, Neath, Neath Port Talbot SA11 1PW2
£81.5K03/210.01 mi39, King Street, Neath, Neath Port Talbot SA11 1PW2
£63.5K02/210.01 mi42, King Street, Neath, Neath Port Talbot SA11 1PW2
£79K06/230.01 mi27, King Street, Neath, Neath Port Talbot SA11 1PW2
£66K12/200.07 mi9, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£77K06/210.07 mi19, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£74K07/230.08 mi50, King Street, Neath, Neath Port Talbot SA11 1PF2
£82.5K07/230.11 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£82.5K07/230.11 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£69K11/200.11 mi62, Windsor Road, Neath, Neath Port Talbot SA11 1NH2
£90K07/230.13 mi5, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£82.5K02/240.13 mi11, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£98K03/230.13 mi9, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£117K09/230.13 mi15, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£107K05/240.14 mi23, New Henry Street, Neath, Neath Port Talbot SA11 1PH2
£98K05/240.14 mi8, Rectory Road, Neath, Neath Port Talbot SA11 1ET2
£61K01/210.16 mi30, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£95K05/230.16 mi17, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£90K05/230.17 mi21, Whittington Street, Neath, Neath Port Talbot SA11 1AN2
£85K12/200.18 mi12, Whittington Street, Neath, Neath Port Talbot SA11 1AW2
£75.5K06/210.21 mi7, Springfield Terrace, Neath, Neath Port Talbot SA11 1AB2
£60K11/230.25 mi41, Briton Ferry Road, Neath, Neath Port Talbot SA11 1AR2
£79.3K01/210.25 mi5, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£85K10/230.25 mi28, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£98K08/210.25 mi9, Marshfield Road, Neath, Neath Port Talbot SA11 1BD2
£97K11/230.26 mi1, Maes Y Ffynon Close, Neath, Neath Port Talbot SA11 1HQ2
£80K01/210.27 mi34, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£84.6K11/210.27 mi32, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£183K06/240.28 mi8, Bilton Road, Neath, Neath Port Talbot SA11 1YU2
£110K01/240.29 mi5, Bank Side, Neath, Neath Port Talbot SA11 1RY2
£87K04/210.29 mi32, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£100K12/230.29 mi58, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£98K09/230.31 mi3, Taylors Row, Neath, Neath Port Talbot SA11 1SY2
£65K12/210.34 mi4, Exchange Road, Neath, Neath Port Talbot SA11 1TD2
£85K06/230.36 mi46, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£120K02/240.36 mi42, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£80K03/210.38 mi16, Wallace Road, Neath, Neath Port Talbot SA11 1YL2
£100K11/210.41 mi53, Wallace Road, Neath, Neath Port Talbot SA11 1YH2
£105K02/210.41 mi8, Bowden Road, Neath, Neath Port Talbot SA11 1UH2
£90K11/200.43 mi1, Burnside, Neath, Neath Port Talbot SA11 1UL2
£80K05/240.48 mi8, Highbury Court, Neath, Neath Port Talbot SA11 1TX2
£97K12/200.51 mi19, Rosser Street, Neath, Neath Port Talbot SA11 3DA2
£135K03/230.54 mi22, Riverside Drive, Neath, Neath Port Talbot SA11 1RX2
£110K03/230.55 mi84, Evans Road, Neath, Neath Port Talbot SA11 2DB2
£128K06/230.56 mi9, Willet Close, Neath, Neath Port Talbot SA11 1RZ2
£130K03/230.56 mi16, Willet Close, Neath, Neath Port Talbot SA11 1RZ2
£145K11/230.56 mi17, Willet Close, Neath, Neath Port Talbot SA11 1RZ2
£110K09/170.57 mi19, Thorburn Close, Neath, Neath Port Talbot SA11 1RH-
£80K04/210.57 mi5, Thorburn Close, Neath, Neath Port Talbot SA11 1RH2
£155K01/230.59 mi18, The Sinnatts, Neath, Neath Port Talbot SA10 7BY2
£114K08/240.65 mi6, Morgans Road, Neath, Neath Port Talbot SA11 2DG2

Local Rents

21 rents from £650/mo to £1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£84511/230.06 mi-2
£84511/230.06 mi-2
£80012/240.08 miHenry Street, NEATH2
£65008/240.09 mi-2
£69512/240.1 mi-2
£79512/240.1 mi-2
£69508/240.17 miLondon Road, Neath, 2
£79512/240.18 mi-2
£79512/240.18 mi-2
£72510/240.18 mi-2
£70012/240.18 mi-2
£74503/250.19 mi-2
£75010/240.26 mi-2
£70009/240.29 mi-2
£70012/240.5 mi-2
£84508/240.57 mi-2
£84508/240.57 mi-2
£84512/240.57 mi-2
£84512/240.57 mi-2
£79510/240.57 mi-2
£1,00008/240.59 miThe Sinnatts, Neath, SA102

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

0.22 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 £85,000

March 28, 2025

Listed for £90,000

December 16, 2024

Sold for £50,000

2004

Sold for £12,000

1997

Floor Plans

Description

  • NO ONWARDS CHAIN +
  • Freehold +
  • Two Bedrooms +
  • EPC - D +
  • Potential For Investment Purposes +
  • Easy Access To Neath Town Centre +
  • Close To The M4 Corridor +
  • Enclosed Rear Garden +
  • Gas Central Heating +
  • Need A Mortgage? We Can Help! +

Offering a lot of potential, this mid terraced property comprises of a lounge diner, kitchen and bathroom to ground floor and two bedrooms to the first floor. Externally, the house has an enclosed rear garden, which is currently overgrown, providing a blank canvas for potential buyers to landscape or design as they prefer.

Located within a short distant to Neath Town Centre offering many local amenities such as a variety of bars/restaurants, takeaways, Neath bus station, Train station, Gnoll Country Park, Neath RFC, Alderman Davies Primary School, Gnoll Primary School, whilst also having easy access to A465 and M4 corridor.

Agent Details

Peter Morgan, Neath

01639 505110

Next Steps?

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