3 Bed Semi-Detached House, Refurb/BRRR, Ammanford, SA18 1HR, £59,000

16 Upper Colbren Road, Gwaun Cae Gurwen, Ammanford SA18 1HR - 31 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~93 m²
+1 photos

ValuationFair Value

Sold Prices£65K - £335K
Sold Prices/m²£729/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£634/m²

Value Estimate

£59,590

 

 

End Value (After Refurb)

£120,721

Uplift in Value

+105%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£14,750

Stamp Duty & Legal Fees

£2,970

Refurb Costs

£37,702

Bridging Loan Interest

£1,549

Total Cash In

£58,720

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£120,721

Agent Fees (1%)

£1,207

Bridging Loan

£44,250

Bridging Loan Interest

£1,549

Flip Profit

£16,544

Local Sold Prices

30 sold prices from £65K to £335K, average is £141.5K. £729/m² to £3.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£210K04/230.02 mi47, Upper Colbren Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1HR3
£215K12/220.15 mi44, Heol Cae Gurwen, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1HG3
£155K02/210.21 mi20, Gron Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1HD3
£205K07/230.21 mi20, Gron Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1HD3
£202K09/210.25 mi7, Heol Y Gors, Cwmgors, Ammanford, Neath Port Talbot SA18 1PE3
£185K08/210.28 mi23, Gorsto Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1UW3
£103K10/210.38 mi8, Graig Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1EG3
£143K07/210.4 mi7, Cemetery Road, Cwmgors, Ammanford, Neath Port Talbot SA18 1PS3
£95K03/230.42 mi31, Graig Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1EG3
£170K12/200.49 mi40, Graig Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1EH3
£135K04/210.54 mi10, Llwyn Road, Cwmgors, Ammanford, Neath Port Talbot SA18 1RD3
£247.5K12/210.57 mi40, Leyshon Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1EN3
£130K03/210.61 mi20, Abernant Road, Cwmgors, Ammanford, Neath Port Talbot SA18 1RB3
£65K11/200.65 mi124, Heol Y Gors, Cwmgors, Ammanford, West Glamorgan SA18 1RR3
£205K12/220.67 mi9, Neuadd Road, Gwaun Cae Gurwen, Ammanford, Neath Port Talbot SA18 1UG3
£230K07/230.71 mi3, Llwyncelyn Road, Tairgwaith, Ammanford, Neath Port Talbot SA18 1UU3
£66.2K02/210.8 mi6, Brynamman Road, Lower Brynamman, Ammanford, Neath Port Talbot SA18 1TP3
£126K04/210.8 mi10, Brynamman Road, Lower Brynamman, Ammanford, Neath Port Talbot SA18 1TP3
£104K06/210.8 mi14, Brynamman Road, Lower Brynamman, Ammanford, Neath Port Talbot SA18 1TP3
£100K10/200.8 mi23, Brynamman Road, Lower Brynamman, Ammanford, Neath Port Talbot SA18 1TR3
£335K01/210.81 miPeny Waun, Bryncethin Road, Garnant, Ammanford, Carmarthenshire SA18 1YS3
£68.5K11/200.86 mi8, Brook Terrace, Tairgwaith, Ammanford, Neath Port Talbot SA18 1YA3
£115K07/230.88 mi5, Cannon Street, Lower Brynamman, Ammanford, Neath Port Talbot SA18 1TW3
£127.5K03/230.89 mi27, St Davids Road, Tairgwaith, Ammanford, Neath Port Talbot SA18 1YE3
£88K11/200.89 mi26, St Davids Road, Tairgwaith, Ammanford, Neath Port Talbot SA18 1YE3
£165K03/210.92 miThe Laurels, King Edward Road, Tairgwaith, Ammanford, Neath Port Talbot SA18 1YD3
£83K04/210.92 mi7, Cwm Nant Hir Terrace, Tairgwaith, Ammanford, Neath Port Talbot SA18 1YF3
£152K05/230.93 mi252, Heol Y Gors, Cwmgors, Ammanford, Neath Port Talbot SA18 1RN3
£190K04/210.93 mi244, Heol Y Gors, Cwmgors, Ammanford, Neath Port Talbot SA18 1RN3
£140K03/210.93 mi202, Heol Y Gors, Cwmgors, Ammanford, Carmarthenshire SA18 1RN3

Local Rents

13 rents from £520/mo to £1.1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£1,10011/230.83 mi-5
£85010/241.04 mi-3
£82512/241.06 mi-3
£79510/241.06 mi-3
£79508/241.42 miCwmamman Road, Glanaman, Ammanford2
£79509/241.42 miCwmamman Road, Glanaman, Ammanford2
£70011/231.45 mi-3
£99504/251.54 mi-4
£75008/241.59 miStation Road, Upper Brynamman, Ammanford, Carmarthenshire3
£85008/241.75 miNew Ceidrim Road, Garnant, Ammanford3
£85011/241.88 mi-3
£52010/232.13 mi-3
£52010/232.13 mi-3

Local Area Statistics

Population in SA18

29,740

Town centre distance

5.27 miles away

Nearest school

0.60 miles away

Nearest train station

5.09 miles away

 

 

Rental growth (12m)

-25%

Sales demand

Balanced market

Capital growth (5yrs)

+46%

Property History

Listed for £59,000

January 9, 2025

Description

  • GUIDE PRICE £59,000 + +

Bidding opens Monday 3rd February 2025 at Midday and closes Wednesday 5th February 2025 at Midday. Semi Detached House In Need Of Refurbishment An extended semi detached house in need of full refurbishment offering generous accommodation over two floors. The property is located in Gwaun Cae Gurwen inbetween the towns of Ammanford and Pontardawe via the A474. There are a good range of local amenities are nearby. The property benefits from a driveway providing off road parking, gardens and brick built out buildings. NB The property is to be sold as seen. Ground Floor Entrance porch, hallway, three reception rooms and a kitchen.
First Floor Three bedrooms and a bathroom.
Outside Driveway with off road parking, gardens to front rear and side and outbuildings.
Viewings Via our partner agent Clee Tompkinson Francis in Ammanford. Please call to book an appointment.
Council Tax Band - B Tenure: See Legal Pack EPC Rating: D Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House Wales, Wales

01633 603922

Next Steps?

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