2 Bed Semi-Detached House, Single Let, Neath, SA11 3SA, £110,000

Cwm Nant, Neath, SA11 3SA - 4 months ago

Sold STC
BTL
ROI: 6%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£60K - £235K
Sold Prices/m²£771/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£105,999

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£625 - £875

Rent Estimate

£684

Running Costs/mo

£501

Cashflow/mo

£183

Cashflow/yr

£2,201

ROI

6%

Gross Yield

7%

Local Sold Prices

51 sold prices from £60K to £235K, average is £110K. £771/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£95K06/210.04 mi59, Bwlch Crescent, Neath, Neath Port Talbot SA11 3RY2
£103K11/200.15 mi7, Pandy View, Neath, Neath Port Talbot SA11 3RT2
£114K05/230.16 mi59, Beacons View, Neath, Neath Port Talbot SA11 3SB2
£118K09/230.17 mi49, Nightingale Park, Neath, Neath Port Talbot SA11 3RX2
£118K09/230.17 mi49, Nightingale Park, Neath, Neath Port Talbot SA11 3RX2
£148K02/230.18 mi8, Forest View, Neath, Neath Port Talbot SA11 3RS2
£92.5K06/210.19 mi44, Valley View, Neath, Neath Port Talbot SA11 3SE2
£116K11/200.37 mi4, Falcon Drive, Neath, Neath Port Talbot SA11 3SG2
£105.5K02/210.39 mi82, Moorland Road, Neath, Neath Port Talbot SA11 1JN2
£126K07/210.42 mi108, Ridgewood Gardens, Cimla, Neath, Neath Port Talbot SA11 3QG2
£163K07/230.42 mi108, Ridgewood Gardens, Cimla, Neath, Neath Port Talbot SA11 3QG2
£110K10/230.42 mi88, Ridgewood Gardens, Cimla, Neath, Neath Port Talbot SA11 3QG2
£110K10/230.42 mi88, Ridgewood Gardens, Cimla, Neath, Neath Port Talbot SA11 3QG2
£115K06/210.47 mi54, Moorland Road, Neath, Neath Port Talbot SA11 1JW2
£178K09/230.51 mi7, Heol Isaf, Neath, Neath Port Talbot SA11 3SR2
£133K01/230.51 mi48, Ridgewood Gardens, Cimla, Neath, Neath Port Talbot SA11 3QF2
£172K06/210.51 mi33, Castle Drive, Neath, Neath Port Talbot SA11 3UY2
£168K08/210.51 mi28, Castle Drive, Neath, Neath Port Talbot SA11 3UY2
£168K09/210.51 mi19, Afan Valley Close, Neath, Neath Port Talbot SA11 3AJ2
£182K10/200.55 mi16, Heol Uchaf, Neath, Neath Port Talbot SA11 3SW2
£130K10/220.59 mi50, Castle Drive, Neath, Neath Port Talbot SA11 3UY2
£130K01/210.66 mi21, Mackworth Drive, Cimla, Neath, Neath Port Talbot SA11 2BR2
£80K05/240.67 mi8, Highbury Court, Neath, Neath Port Talbot SA11 1TX2
£90K11/200.7 mi1, Burnside, Neath, Neath Port Talbot SA11 1UL2
£105K02/210.72 mi8, Bowden Road, Neath, Neath Port Talbot SA11 1UH2
£100K11/210.73 mi53, Wallace Road, Neath, Neath Port Talbot SA11 1YH2
£136K02/230.75 mi109, Mackworth Drive, Cimla, Neath, Neath Port Talbot SA11 2QA2
£123K07/230.75 mi95, Mackworth Drive, Cimla, Neath, Neath Port Talbot SA11 2QA2
£125K05/210.77 mi1, Willow Walk, Cimla, Neath, Neath Port Talbot SA11 3XB2
£160K04/240.77 mi12, Willow Walk, Cimla, Neath, Neath Port Talbot SA11 3XB2
£85K06/230.77 mi46, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£120K02/240.77 mi42, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£80K03/210.77 mi16, Wallace Road, Neath, Neath Port Talbot SA11 1YL2
£87K04/210.83 mi32, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£100K12/230.83 mi58, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£97K11/230.88 mi1, Maes Y Ffynon Close, Neath, Neath Port Talbot SA11 1HQ2
£95K10/210.88 mi6, Eaglesbush Close, Neath, Neath Port Talbot SA11 2AL2
£183K06/240.91 mi8, Bilton Road, Neath, Neath Port Talbot SA11 1YU2
£75.5K06/210.92 mi7, Springfield Terrace, Neath, Neath Port Talbot SA11 1AB2
£80K01/210.93 mi34, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£84.6K11/210.93 mi32, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£98K09/230.94 mi3, Taylors Row, Neath, Neath Port Talbot SA11 1SY2
£235K07/230.94 mi38, Manor Way, Neath, Neath Port Talbot SA11 2TR2
£100K09/230.94 mi21, Manor Way, Neath, Neath Port Talbot SA11 2TR2
£65K12/210.95 mi4, Exchange Road, Neath, Neath Port Talbot SA11 1TD2
£60K11/230.96 mi41, Briton Ferry Road, Neath, Neath Port Talbot SA11 1AR2
£89K03/210.96 mi23, Addison Road, Neath, Neath Port Talbot SA11 2AY2
£90K07/231 mi5, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£82.5K02/241 mi11, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£227K04/211 mi6, Pearson Way, Neath, Neath Port Talbot SA11 2EJ2
£90K05/231 mi21, Whittington Street, Neath, Neath Port Talbot SA11 1AN2

Local Rents

19 rents from £625/mo to £875/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£62512/240.29 mi-2
£87512/240.5 miRidgewood Gardens, Cimla, NEATH2
£70009/240.94 mi-2
£72510/240.95 mi-2
£79512/240.97 mi-2
£79512/240.97 mi-2
£74503/250.97 mi-2
£70012/240.98 mi-2
£69508/240.98 miLondon Road, Neath, 2
£69512/241.03 mi-2
£79504/251.03 mi-2
£75010/241.03 mi-2
£80012/241.06 miHenry Street, NEATH2
£65008/241.06 mi-2
£84511/231.07 mi-2
£84511/231.07 mi-2
£79512/241.09 mi-2
£79511/241.11 mi-2
£84504/251.13 mi-2

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.31 miles away

Nearest school

0.40 miles away

Nearest train station

1.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £110,000

December 26, 2024

Floor Plans

Description

  • No On Going Chain +
  • Fantastic Investment or First Time Purchase Opportunity +
  • Desirable Views of Rolling Hills +
  • Council Tax Band - B +
  • Sought after Location +

SUMMARY
An ideal family home, first time purchase or investment in the sought after location of Cimla, Neath. With beautiful views over rolling hills to the rear of the home, enclosed gardens to the front and rear as well as excellent links to local schools, stores and public transport routes!

DESCRIPTION
Oozing with potential is this highly desirable, two bedroom, family home available for sale with no on-going chain! Well situated for commuters with excellent links to the M4 corridor via the A465, alongside public transport routes through frequently running buses or the mainline trainstation within Neath Town Centre. Conveniently located for access to well renowned local schools including Gnoll Primary, Crynallt and Cefn Saeson Community Comprehensive!
The home is approached via a gated garden to the front, with side access leading into a further enclosed garden to the rear. Internally, the property consists of an entrance porch and hallway, with stairs to the landing, a lounge and fitted kitchen. The first floor houses two good sized double bedrooms, access to the loft space and a family bathroom.
Internal viewings are highly recommended!

Entrance Porch & Hallway 

Lounge  19' 4" x 11' 3" Max ( 5.89m x 3.43m Max )

Kitchen 9' 3" x 7' 3" ( 2.82m x 2.21m )

Landing 

Bedroom One 14' x 9' 1" ( 4.27m x 2.77m )

Bedroom Two 10' 2" x 10' 1" ( 3.10m x 3.07m )

Bathroom 

Front & Rear Gardens 

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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