3 Bed Terraced House, Single Let, Port Talbot, SA13 3TE, £50,000

Jersey Road, Blaengwynfi, Port Talbot, SA13 3TE - 2 views - 3 months ago

Sold STC
Auction
BTL
ROI: 24%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£44K - £170K
Sold Prices/m²£538/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£538/m²

Value Estimate

£61,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£2,700

Total Cash In

£15,200

 

 

Cash Out

 

Rent Range

£550 - £1,400

Rent Estimate

£603

Running Costs/mo

£297

Cashflow/mo

£306

Cashflow/yr

£3,674

ROI

24%

Gross Yield

14%

Local Sold Prices

35 sold prices from £44K to £170K, average is £78K. £538/m² to £2K/m², average is £958/m².

PriceDateDistanceAddressBeds 
£61K07/230.07 mi34, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TH3
£70.5K05/210.07 mi36, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TH3
£44K01/210.07 mi34, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TH3
£61.5K12/220.09 mi17, Caroline Street, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TW3
£112K03/230.1 mi6, Caroline Street, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TW3
£68K07/230.1 mi96, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TD3
£75K01/210.1 mi55, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TL3
£92K12/220.11 mi61, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£74K07/210.11 mi61, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£65K01/210.11 mi77, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£75K03/210.11 mi73, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£63K01/210.11 mi70, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£83.5K04/210.21 mi12, High Street, Abergwynfi, Port Talbot, Neath Port Talbot SA13 3YN3
£50K01/210.23 mi44, Margaret Terrace, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3UU3
£44K03/210.26 mi29, High Street, Abergwynfi, Port Talbot, Neath Port Talbot SA13 3YW3
£70K02/230.32 mi52, Margaret Terrace, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3UY3
£125K05/231.58 mi17, Heol Y Fedw, Cymmer, Port Talbot, Neath Port Talbot SA13 3PA3
£96K08/211.64 mi62, South Avenue, Cymmer, Port Talbot, Neath Port Talbot SA13 3PY3
£170K09/221.69 mi18, Dwyfor Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3RF3
£105K02/211.74 mi16, Lloyds Terrace, Cymmer, Port Talbot, Neath Port Talbot SA13 3HT3
£79K11/201.78 mi2, Nursery Road, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3DR3
£123K06/211.79 mi11, Maesteg Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HS3
£60K06/231.79 mi4, Maesteg Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HS3
£75K04/231.8 mi65, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NB3
£96.5K04/211.82 mi32, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NA3
£133K06/231.82 mi10, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NA3
£83.5K12/221.82 mi20, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NA3
£120K01/231.82 mi19, Waun Avenue, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3DP3
£92K05/211.83 mi2, Avondale Terrace, Cymmer, Port Talbot, Neath Port Talbot SA13 3LU3
£63.5K11/221.84 mi49, Brynheulog Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3RR3
£162K04/231.85 mi9, Bryn Road, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3AU3
£92.5K05/231.87 mi12, Station Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HR3
£71K03/211.87 mi2, Station Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HR3
£78K10/211.89 mi12, Norton Terrace, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3AN3
£90K09/211.89 mi34, Norton Terrace, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3AN3

Local Rents

18 rents from £550/mo to £1.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69508/240.07 miVilliers Road, Blaengwynfi, 3
£67508/240.11 miJersey Road, Blaengwynfi, PORT TALBOT3
£75008/240.26 miGwynfi Street, Blaengwynfi, PORT TALBOT3
£1,30001/250.92 mi-3
£1,40007/240.94 mi-4
£85004/241.73 mi-3
£75002/241.73 mi-3
£75008/241.74 miLloyds Terrace, Cymmer, PORT TALBOT3
£1,20001/251.79 mi-4
£89508/241.88 miSchool Road, Cymmer, PORT TALBOT3
£55012/241.88 miHeol Yr Afon, Glyncorrwg, Port Talbot1
£65012/241.91 miBrick Street, Glyncorrwg, PORT TALBOT3
£62510/231.91 mi-3
£80001/252 mi-3
£75003/242 mi-3
£80012/242.31 miCaerau Road, MAESTEG3
£60012/242.31 mi-3
£57512/242.39 mi-3

Local Area Statistics

Population in SA13

19,501

Population in Port Talbot

52,166

Town centre distance

8.74 miles away

Nearest school

1.30 miles away

Nearest train station

3.10 miles away

 

 

Rental growth (12m)

+18%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £50,000

January 20, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • No On-going Chain +
  • Potential Business Space or Extra Living Area +
  • Beautiful Views +

SUMMARY
Discover this unique and spacious three-bedroom mid-terrace property, steeped in character and formerly operating as a post office. Situated in Blaengwynfi, this home offers a blend of versatile living space and business potential.

DESCRIPTION
Discover this unique and spacious three-bedroom mid-terrace property, steeped in character and formerly operating as a post office. Situated in Blaengwynfi, this home offers a blend of versatile living space and business potential, making it an excellent opportunity for families, professionals, or entrepreneurs. As you step into the property, you are greeted by an entrance hallway that leads to the third bedroom. Adjacent to this is the main front room, previously the central hub of the post office. This expansive space is ready to be transformed into a stylish living area, a home office, or an ideal workspace for someone running a business from home. To the ground floor, you'll find a generously sized living area. The modern kitchen is both practical and stylish, featuring contemporary fittings and ample storage. A bright conservatory offering stunning views of the surrounding area-an ideal spot for unwinding. This level also boasts a convenient downstairs toilet and direct access to the garden. The upper floor is home to two good-sized bedrooms, one of which benefits from an en-suite bathroom. An additional toilet on this floor adds further convenience.
Viewing is highly recommended to appreciate this versatile space on offer. Please call or email to arrange a viewing.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hallway 

Reception Room/Work Space 13' 5" x 11' 8" ( 4.09m x 3.56m )

Ground Floor Living Room 13' 8" x 13' 6" ( 4.17m x 4.11m )

Kitchen/Dining Area 16' 1" x 8' 9" ( 4.90m x 2.67m )

Conservatory 14' 9" x 8' 2" ( 4.50m x 2.49m )

Ground Floor Wc 

Bedroom One 12' 3" x 9' 3" ( 3.73m x 2.82m )

Bedroom Two 11' 2" x 10' 5" ( 3.40m x 3.17m )

Bedroom Three  11' 6" x 10' 6" ( 3.51m x 3.20m )

Ensuite Bathroom 

Rear Garden 

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, Maesteg

01656 331397

Next Steps?

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