4 Bed Terraced House, Refurb/BRRR, Swansea, SA2 0LB, £259,000

2 Le Breos Avenue, Uplands, Swansea SA2 0LB - 6 views - 3 months ago

Refurb/BRRR
ROI: 5%
~129 m²
+4 photos

ValuationFair Value

Sold Prices£95K - £820K
Sold Prices/m²£1.1K/m² - £4.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2K/m²

Value Estimate

£255,850

 

 

End Value (After Refurb)

£273,795

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£64,750

Stamp Duty & Legal Fees

£9,420

Refurb Costs

£52,815

Bridging Loan Interest

£6,799

Total Cash In

£135,534

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£273,795

Mortgage (After Refinance)

£205,346

Mortgage LTV

75%

Cash Released

£11,096

Cash Left In

£124,437

Equity

£68,449

Rent Range

£390 - £3,200

Rent Estimate

£1,750

Running Costs/mo

£1,226

Cashflow/mo

£524

Cashflow/yr

£6,293

ROI

5%

Gross Yield

8%

Local Sold Prices

50 sold prices from £95K to £820K, average is £283.5K. £1.1K/m² to £4.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£300K06/210.06 mi37, Pinewood Road, Uplands, Swansea SA2 0LS4
£349K01/210.07 mi48, Pinewood Road, Uplands, Swansea SA2 0LT4
£270K08/210.07 mi27, Hawthorne Avenue, Uplands, Swansea SA2 0LR4
£210K11/200.07 mi34, Hawthorne Avenue, Uplands, Swansea SA2 0LR4
£375K02/210.08 mi98, Sketty Road, Swansea SA2 0JZ4
£377K12/220.1 mi42, Hazel Road, Uplands, Swansea SA2 0LX4
£295K06/210.11 mi24, Beechwood Road, Uplands, Swansea SA2 0JD4
£820K07/230.17 mi58, Glanmor Road, Uplands, Swansea SA2 0QB4
£380K12/200.19 mi14, Eden Avenue, Uplands, Swansea SA2 0PS4
£380K11/200.2 mi4, Roger Beck Way, Sketty, Swansea SA2 0JF4
£385K01/230.23 mi137, Glanmor Road, Sketty, Swansea SA2 0RN4
£257.5K03/210.23 mi20, Myrtle Grove, Sketty, Swansea SA2 0SJ4
£389K03/230.23 mi21, Myrtle Grove, Sketty, Swansea SA2 0SJ4
£178K04/210.24 mi23, Glanbrydan Avenue, Uplands, Swansea SA2 0HR4
£200K09/210.24 mi4, Glanbrydan Avenue, Uplands, Swansea SA2 0HR4
£300K02/210.26 mi20, Penlan Crescent, Uplands, Swansea SA2 0RL4
£335K03/210.26 mi23, Parc Wern Road, Sketty, Swansea SA2 0SF4
£220K01/210.27 mi9, Oakwood Road, Brynmill, Swansea SA2 0DN4
£385K04/230.28 mi5, The Causeway, Sketty, Swansea SA2 0SX4
£375K10/210.3 mi6, Lady Margaret Villas, Sketty, Swansea SA2 0RX4
£157K07/210.32 mi29, Aylesbury Road, Brynmill, Swansea SA2 0BS4
£380K10/200.36 mi74, Eaton Crescent, Swansea SA1 4QN4
£450K05/210.36 mi62, Eaton Crescent, Swansea SA1 4QN4
£300K08/210.37 mi4, Mirador Crescent, Uplands, Swansea SA2 0QX4
£375K11/210.37 mi57, Notts Gardens, Uplands, Swansea SA2 0RU4
£250K03/210.38 mi6, Grosvenor Road, Sketty, Swansea SA2 0SP4
£217.5K01/230.39 mi14, Canterbury Road, Brynmill, Swansea SA2 0DD4
£232.5K11/200.4 mi20, Lon Cadog, Sketty, Swansea SA2 0TS4
£282K01/210.4 mi17, Lon Cwmgwyn, Sketty, Swansea SA2 0TY4
£165K01/210.41 mi21, Trafalgar Place, Brynmill, Swansea SA2 0BU4
£338K12/210.42 mi14, Sketty Avenue, Sketty, Swansea SA2 0TE4
£285K06/210.42 mi15, Sketty Avenue, Sketty, Swansea SA2 0TE4
£295K12/220.42 mi13, Sketty Avenue, Sketty, Swansea SA2 0TE4
£160K05/210.43 mi17, Penbryn Terrace, Brynmill, Swansea SA2 0DA4
£275K04/230.44 mi32, Coedsaeson Crescent, Sketty, Swansea SA2 9DG4
£282K11/220.47 mi68, Eversley Road, Sketty, Swansea SA2 9DF4
£191K01/210.47 mi68, Vivian Road, Sketty, Swansea SA2 0UL4
£355K06/210.49 mi59, Vivian Road, Sketty, Swansea SA2 0UN4
£272.5K12/200.59 mi14, Ffynone Drive, Swansea SA1 6DD4
£238K11/200.61 mi138, Terrace Road, Swansea SA1 6HX4
£175K09/210.61 mi30, Westbury Street, Swansea SA1 4JW4
£95K08/210.71 mi18, Dyfed Avenue, Townhill, Swansea SA1 6NP4
£346K09/230.71 mi21, Brooklands Terrace, Swansea SA1 6BS4
£265K04/230.72 mi19, Montpelier Terrace, Swansea SA1 6JW4
£171K08/210.74 mi97, St Helens Road, Swansea SA1 3UW4
£267.5K03/210.75 mi63, Sketty Park Road, Sketty, Swansea SA2 9AS4
£275K07/210.77 mi22, Carnglas Road, Sketty, Swansea SA2 9BP4
£271.9K03/210.79 mi3, Raleigh Close, Sketty, Swansea SA2 8LE4
£415K05/230.79 mi6, Raleigh Close, Sketty, Swansea SA2 8LE4
£308K04/210.8 mi3, Llwyn Arosfa, Sketty, Swansea SA2 9EJ4

Local Rents

50 rents from £390/mo to £3.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60008/240.07 miHawthorne Ave, Uplands, Swansea4
£1,80008/240.11 miCambridge St, Uplands, Swansea4
£39008/240.11 mi55b Cambridge Street4
£45502/240.14 mi-7
£1,80010/240.15 mi-4
£1,20004/250.16 mi-3
£2,25008/240.18 miBernard Street, Uplands, Swansea6
£2,55002/250.18 mi-6
£45508/240.2 mi-10
£45508/240.2 miSketty Road, Swansea, SA210
£1,80008/240.21 miErnald Place, Uplands, Swansea5
£49803/250.23 mi-7
£2,12508/240.25 miPantygwydr Crescent, Uplands, Swansea5
£2,05008/240.25 miGlanbrydan Avenue, Uplands, Swansea5
£1,52008/240.25 miParc Wern Road, Sketty, Swansea4
£1,87508/240.26 miThe Grove, Uplands, Swansea5
£3,20010/240.27 mi-8
£59403/250.27 mi-6
£2,35008/240.28 miGwydr Crescent, Uplands, Swansea, SA26
£41508/240.29 miGwydr Crescent, Uplands, Swansea, SA27
£62808/240.29 miMarlborough Road, Swansea, Wales, SA23
£39008/240.29 mi46 Gwydr Crescent - Top Flat3
£39008/240.29 mi54 Gwydr Crescent5
£2,25008/240.31 miAlexandra Terrace, Brynmill, Swansea5
£1,50008/240.31 miMarlborough Road, Brynmill3
£1,64008/240.31 miRhyddings Terrace, Brynmill, Swansea4
£1,40008/240.31 miPark Place, Brynmill, Swansea4
£2,15001/250.32 mi-5
£2,15001/250.32 mi-5
£2,15002/250.32 mi-5
£1,60003/250.32 mi-4
£2,28008/240.32 miMarlborough Road, Brynmill, Swansea6
£1,95008/240.32 miMarlborough Rd, Brynmill, Swansea6
£2,37008/240.32 miGwydr Crescent, Uplands, Swansea6
£1,80008/240.34 miBernard Street, Brynmill, Swansea5
£1,90008/240.34 miAylesbury Road, Brynmill, Swansea5
£1,68008/240.37 miSt Albans Road, Brynmill, Swansea4
£2,04008/240.37 miSt Albans Road, Brynmill, Swansea6
£2,52008/240.37 miSt Albans Road, Brynmill, Swansea6
£1,70008/240.37 miSt Albans Road, Brynmill, Swansea5
£2,65004/250.37 mi-3
£58508/240.37 miSt. Albans Road, Swansea, Wales, SA26
£58508/240.37 miSt. Albans Road, Swansea, Wales, SA26
£3,00008/240.37 miUplands Crescent, Uplands, Swansea8
£3,00008/240.37 miUplands Crescent, Uplands, Swansea8
£1,50008/240.38 mi-4
£62808/240.38 miRhyddings Park Road, Swansea, Wales, SA26
£45010/240.39 mi-5
£45010/240.39 mi-5
£2,37008/240.39 miMirador Crescent, Uplands, Swansea6

Local Area Statistics

Population in SA2

37,850

Population in Swansea

269,408

Town centre distance

1.76 miles away

Nearest school

0.20 miles away

Nearest train station

1.47 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-32%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £259,000

January 7, 2025

Description

  • Spacious mid Terrace Victorian home +
  • Three Reception Rooms +
  • Four bedrooms +
  • Kitchen and utility +
  • Good size level rear garden serviced by access lane +
  • Short walk to Uplands Shopping Centre and Brynmill Park +
  • Easy access to Singleton Hospital and Swansea University +
  • Gas central heating +
  • In need of some updating +

A spacious mid-terrace four bedroom Victorian family home situated at the bottom of Le Breos Avenue, near the junction of Sketty Road, being a short walk to the busy Uplands Shopping Centre, which is renowned for its variety of bars, cafes and restaurants.  The property has gas central heating and a good size level rear garden, which is serviced by an access lane. The accommodation is in need of some updating and comprises three reception rooms, kitchen to the ground floor with four bedrooms and bathroom to the first floor.  GROUND FLOOR     ENTRANCE - Composite design glass panelled front door to entrance porch with original tiled floor. uPVC double glazed door to hall.  HALL - With original tiled floor. Radiator. Original understairs cupboard. Panelled doors to rooms off.  LOUNGE - 13’0 x 13’0 excluding uPVC double glazed bay window at front. Picture rail. Two wall lights. Original feature fireplace with carved hardwood surround.  SITTING ROOM - 12’0 x 11’6 (would ideally be repurposed as 
a kitchen family room). Coved ceiling, Picture rail. Original fireplace with feature surround. DINING ROOM - 14’0 x 11’0. Log burning stove set into recess. uPVC double glazed window to side.  KITCHEN - Fitted storage cupboards in cream. One and a half bowl stainless steel sink unit. Radiator. uPVC double glazed window and door to side.  UTILITY - Plumbed for washing machine. Wall mounted gas central heating boiler.  FIRST FLOOR     LANDING - With original panelled doors to rooms off.  BEDROOM ONE - 17’3 x 13’8 excluding uPVC double glazed bay window. Radiator. Picture rail.  BEDROOM TWO - 12’0 x 12’0. Original cast iron fireplace. uPVC double glazed window to rear. Picture rail. Radiator.  BEDROOM THREE - 8’0 x 7’9. Radiator. uPVC double glazed window to side.  BEDROOM FOUR - 11’0 x 7’7 excluding uPVC double glazed bay window to rear. Radiator.  FAMILY BATHROOM - Three piece suite in white. Linen cupboard. Electric shower and folding glass screen to bath. Window to side.  EXTERNAL:  Small walled frontage. Coal shed. Level rear garden with access to lane. Outside W.C. and outside tap.  Note: All room sizes are approximate. Electrical, plumbing, central heating and drainage installations are noted in particulars on the basis of a visual inspection only. They have not been tested and no warranty of condition of fitness for purpose is implied by their inclusion. Potential purchasers are warned that they must make their own enquiries as to the condition of the appliances, installations or of any element of the structure of fabric of the property.

Agent Details

Simpsons, Mumbles

01792 949600

Next Steps?

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