2 Bed Terraced House, Single Let, Swansea, SA6 8DB, £109,000

42 Morris Street, Swansea, SA6 8DB - 1 views - 4 months ago

Sold STC
BTL
ROI: 10%
70 m²
+11 photos

ValuationOvervalued

Sold Prices£56K - £223K
Sold Prices/m²£924/m² - £3K/m²

 

 

Square Metres

70 m²
Price/m²£1.6K/m²

Value Estimate

£101,866

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,250

Stamp Duty & Legal Fees

£4,470

Total Cash In

£31,720

 

 

Cash Out

 

Rent Range

£750 - £2,123

Rent Estimate

£791

Running Costs/mo

£519

Cashflow/mo

£272

Cashflow/yr

£3,266

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £56K to £223K, average is £107K. £924/m² to £3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£118K08/210.13 mi61, Clyndu Street, Morriston, Swansea SA6 7BG2
£92.5K04/230.13 mi136, Clyndu Street, Morriston, Swansea SA6 7BG2
£115K05/210.17 mi7, Parc Avenue, Morriston, Swansea SA6 8HJ2
£100K03/210.2 mi103, Glantawe Street, Morriston, Swansea SA6 8BP2
£90K04/230.21 mi39, Crown Street, Morriston, Swansea SA6 8BR2
£120K05/210.21 mi11, Pentremalwed Road, Morriston, Swansea SA6 7BY2
£132K12/220.24 mi545, Neath Road, Morriston, Swansea SA6 8HG2
£80K02/230.24 mi546, Neath Road, Morriston, Swansea SA6 8HG2
£97.5K05/210.28 mi19, Slate Street, Morriston, Swansea SA6 8AA2
£90K06/230.28 mi23, Uplands Terrace, Morriston, Swansea SA6 7BD2
£155K10/210.28 mi95, Graig Road, Morriston, Swansea SA6 8PQ2
£73.9K07/210.28 mi94, Graig Road, Morriston, Swansea SA6 8PQ2
£110K12/220.3 mi3, Margam Avenue, Morriston, Swansea SA6 8DG2
£112K02/210.3 mi2, Margam Avenue, Morriston, Swansea SA6 8DG2
£149K03/210.34 mi535, Trewyddfa Road, Morriston, Swansea SA6 7QJ2
£119K04/230.43 mi50, Heol Cefni, Morriston, Swansea SA6 7ET2
£91.3K05/210.43 mi3, De La Beche Terrace, Morriston, Swansea SA6 7AX2
£88K06/230.49 mi154, Parc Avenue, Morriston, Swansea SA6 8HU2
£118K01/230.5 mi30, Vicarage Road, Morriston, Swansea SA6 6DH2
£110K12/200.5 mi28, Vicarage Road, Morriston, Swansea SA6 6DH2
£106K01/210.5 mi14, Vicarage Road, Morriston, Swansea SA6 6DH2
£73K04/210.5 mi22, Cwmbath Road, Morriston, Swansea SA6 7BA2
£140.5K05/230.51 mi7, Pleasant Street, Morriston, Swansea SA6 6HJ2
£85K06/210.53 mi9, Nixon Terrace, Morriston, Swansea SA6 8EJ2
£110K01/230.53 mi29, Pleasant Street, Morriston, Swansea SA6 6HH2
£120K08/230.54 mi8, Parry Road, Morriston, Swansea SA6 7DS2
£144K12/210.56 mi19, Caemawr Road, Morriston, Swansea SA6 7DX2
£105K10/210.59 mi7, Penrice Street, Morriston, Swansea SA6 6HQ2
£97.5K12/220.61 mi26, Lon Claerwen, Morriston, Swansea SA6 7EQ2
£80K02/210.62 mi33, Sway Road, Morriston, Swansea SA6 6JA2
£187K03/230.66 mi30, Park Close, Morriston, Swansea SA6 7DZ2
£108K12/220.72 mi11, Chemical Road, Morriston, Swansea SA6 6JE2
£220K07/230.72 mi7, Maes Y Coed, Morriston, Swansea SA6 6DS2
£99K01/230.72 mi23, Idris Terrace, Plasmarl, Swansea SA6 8LT2
£88.5K01/210.73 mi23, Idris Terrace, Plasmarl, Swansea SA6 8LT2
£223K10/230.74 mi61, Gellifawr Road, Morriston, Swansea SA6 7PW2
£98K03/230.79 mi352, Neath Road, Plasmarl, Swansea SA6 8JN2
£56K01/210.79 mi365, Neath Road, Plasmarl, Swansea SA6 8JN2
£90K11/200.8 mi1127, Neath Road, Plasmarl, Swansea SA6 8JW2
£87K05/210.83 mi65, Dinas Street, Plasmarl, Swansea SA6 8LJ2
£98K01/210.83 mi97, Dinas Street, Plasmarl, Swansea SA6 8LJ2
£125K07/230.83 mi136, Dinas Street, Plasmarl, Swansea SA6 8LJ2
£210K04/230.85 mi17, Heol Eirlys, Morriston, Swansea SA6 6HA2
£167K06/210.88 mi45, Heol Rhosyn, Morriston, Swansea SA6 6ER2
£147K05/230.88 mi39, Heol Rhosyn, Morriston, Swansea SA6 6ER2
£89.5K05/210.89 mi15, Ramsey Drive, Clase, Swansea SA6 7JD2
£110K07/210.9 mi21, Ewenny Place, Clase, Swansea SA6 7LE2
£130K07/220.92 mi28, Nantyffin Road, Llansamlet, Swansea SA7 9RD2
£75K04/210.95 mi319, Neath Road, Plasmarl, Swansea SA6 8JU2
£92K03/230.97 mi63, Dinas Street, Plasmarl, Swansea SA6 8LQ2

Local Rents

18 rents from £750/mo to £2.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85011/240.11 mi-2
£85003/250.13 mi-2
£75004/240.24 mi-2
£77503/230.28 mi-2
£82509/240.28 mi-2
£85008/240.28 miUplands Terrace, Morriston, Swansea, SA62
£80002/240.32 mi-2
£80011/230.34 mi-2
£83503/250.34 mi-2
£92504/250.43 mi-2
£84504/250.48 mi-2
£85008/240.5 miTirpenry Street, Morriston, Swansea, Swansea, SA6 8EB2
£89512/240.5 mi-2
£89512/240.5 mi-2
£87508/240.5 miCwmbath Road, Morriston, Swansea, SA62
£85006/230.51 mi-2
£85002/240.56 mi-2
£2,12312/240.58 mi-2

Local Area Statistics

Population in SA6

34,011

Population in Swansea

269,408

Town centre distance

2.45 miles away

Nearest school

0.20 miles away

Nearest train station

1.68 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £109,000

December 18, 2024

Sold for £87,000

2019

Sold for £104,995

2007

Floor Plans

Description

  • Located in the heart of Morriston, Swansea, offering a vibrant community setting. +
  • An excellent opportunity for those looking to step onto the property ladder. +
  • Two well-proportioned bedrooms providing comfortable living space. +
  • A large, naturally-lit reception room perfect for relaxation or entertaining. +
  • The layout is designed to make the home feel larger than its size suggests. +
  • The bedrooms cater to small families, individuals, or those needing a home office/guest room. +
  • Ideally located bathroom offering ease of access for all residents. +
  • Close to shops, schools, parks, and other local amenities for convenience. +
  • A blend of urban living with the charm of a close-knit neighbourhood atmosphere. +

Situated in the heart of Morriston, Swansea, this charming end terrace home on Morris Street is an ideal choice for first time buyers. Boasting two generously sized bedrooms, the property offers a practical and comfortable living space that’s perfect for small families or individuals. Upon entering, you are greeted by a welcoming reception room, leading seamlessly to the kitchen and bathroom. Upstairs, the two bedrooms provide ample space for rest and relaxation.
Located within a vibrant community, this home is just a short distance from local amenities such as shops, schools, and parks. Additionally, it offers a short drive to Swansea City Centre and the M4, making it a fantastic choice for commuters. With its appealing layout, excellent location, and accessibility, this end-terrace home is a wonderful opportunity to step onto the property ladder and create a space to call your own.

The Accommodation Comprises -

Ground Floor -

Entrance Hall - Entered via door to front.

Living Room - 6.73m x 4.13m (22'1" x 13'7") - Double glazed window to front, double glazed window to rear, staircase leading to first floor, two radiators.

Another Aspect Of The Living Room -

Kitchen - 2.66m x 2.46m (8'9" x 8'1") - Fitted with a matching range of wall and base units with worktop space over, 1+1/2 bowl stainless steel sink, space for fridge/freezer and dishwasher, built-in electric oven, four ring gas hob, double glazed window to side, radiator.

Hall - Radiator.

Bathroom - Fitted with three piece suite comprising a bath, wash hand basin and WC, tiling, frosted double glazed window to rear, radiator.

First Floor -

Landing - Double glazed window to rear, access to loft

Bedroom 1 - 3.13m x 4.10m (10'3" x 13'5") - Two double glazed windows to front, storage cupboard, radiator.

Bedroom 2 - 3.42m x 2.43m (11'3" x 8'0") - Double glazed window to rear, radiator.

External - To the side of the property, a gated entrance opens to a courtyard, leading to the rear of the property where a further small courtyard is situated. The rear courtyard features astro turf, adding a low-maintenance touch to the outdoor space.

Aerial -

Agents Note - Tenure - Freehold
Council Tax Band - B
Services - Mains electric, Mains sewerage, Mains gas, Mains water/Water meter
Mobile - O2, EE, Three, Vodafone
Broadband - Standard 16 mbps, Superfast 57 mbps, Ultrafast 1000 mbps
Satellite / Cable TV Availability - BT, Sky, Virgin

Agent Details

Astleys, Swansea

01792 949633

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.