4 Bed Terraced House, Refurb/BRRR, Port Talbot, SA13 1EL, £90,000

Tanygroes Street, Port Talbot, Neath Port Talbot. SA13 1EL - 10 views - 3 months ago

Sold STC

Cash

Refurb/BRRR

ROI: 2%

~129 m²

+7 photos

ValuationFair Value

Sold Prices	£84K - £363K
Sold Prices/m²	£669/m² - £2.8K/m²

Square Metres	~129.26 m²
Price/m²	£696/m²
Value Estimate	£90,900£90,900

End Value (After Refurb)	£184,653£184,653
Uplift in Value	+105%+105%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£22,500£22,500
Stamp Duty & Legal Fees	£3,900£3,900
Refurb Costs	£52,815£52,815
Bridging Loan Interest	£2,363£2,363
Total Cash In	£83,327£83,327

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£184,653£184,653
Agent Fees (1%)	£1,847£1,847
Bridging Loan	£67,500£67,500
Bridging Loan Interest	£2,363£2,363
Flip Profit	£31,979£31,979

Local Sold Prices

22 sold prices from £84K to £363K, average is £163.8K. £669/m² to £2.8K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£155K	11/20	0.01 mi	29, Tanygroes Street, Port Talbot, Neath Port Talbot SA13 1EL	£1,308	119	4	Terraced House
£265K	05/23	0.04 mi	23, Tanygroes Street, Port Talbot, Neath Port Talbot SA13 1ED	-	-	4	Terraced House
£123K	04/21	0.08 mi	37, Beverley Street, Port Talbot, Neath Port Talbot SA13 1EB	£879	140	4	Terraced House
£215K	05/23	0.17 mi	8, Penycae Road, Port Talbot, Neath Port Talbot SA13 2EL	-	-	4	Semi-Detached House
£130K	10/21	0.18 mi	51, Oakwood Street, Port Talbot, Neath Port Talbot SA13 1BE	£1,429	91	4	Terraced House
£363K	10/22	0.19 mi	44, Penycae Road, Port Talbot, Neath Port Talbot SA13 2EH	-	-	4	Detached House
£120K	03/23	0.22 mi	67, Tydraw Street, Port Talbot, Neath Port Talbot SA13 1BR	£1,237	97	4	Terraced House
£210K	03/21	0.37 mi	8, Tanygroes Place, Port Talbot, Neath Port Talbot SA13 2TU	£1,355	155	4	Detached House
£160K	06/21	0.44 mi	15, The Uplands, Port Talbot, Neath Port Talbot SA13 2EW	£2,105	76	4	Semi-Detached House
£133K	12/23	0.63 mi	22, Castle Street, Port Talbot, Neath Port Talbot SA12 6DS	£1,039	128	4	Terraced House
£240K	06/23	0.64 mi	5, Ynys Y Gored, Port Talbot, Neath Port Talbot SA13 2EB	£2,073	116	4	Detached House
£280K	10/22	0.64 mi	3, Ynys Y Gored, Port Talbot, Neath Port Talbot SA13 2EB	£2,800	100	4	Detached House
£355K	11/22	0.64 mi	2, Ynys Y Gored, Port Talbot, Neath Port Talbot SA13 2EB	£2,261	157	4	Detached House
£290K	09/22	0.64 mi	73, Ynys Y Gored, Port Talbot, Neath Port Talbot SA13 2EB	-	-	4	Detached House
£122.5K	10/20	0.65 mi	5, Springfield Terrace, Port Talbot, Neath Port Talbot SA12 8HN	£1,276	96	4	Terraced House
£84K	05/21	0.72 mi	4, John Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6EB	-	-	4	Terraced House
£130K	12/20	0.72 mi	42, John Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6EB	£1,016	128	4	Terraced House
£167.5K	11/20	0.76 mi	28, Heol Yr Orsedd, Port Talbot, Neath Port Talbot SA13 2HL	-	-	4	Semi-Detached House
£95K	08/23	0.8 mi	28, Enfield Street, Port Talbot, Neath Port Talbot SA12 6NN	£669	142	4	Terraced House
£222.5K	04/21	0.97 mi	113, Pentyla Baglan Road, Baglan, Port Talbot, Neath Port Talbot SA12 8DS	£1,854	120	4	Semi-Detached House
£305K	10/21	0.97 mi	91, Pentyla Baglan Road, Port Talbot, Neath Port Talbot SA12 8DS	£1,447	211	4	Detached House
£136K	11/22	0.97 mi	7, Wilden Avenue, Port Talbot, Neath Port Talbot SA13 2HS	£1,283	106	4	Semi-Detached House

Local Rents

17 rents from £695/mo to £1.8K/mo, average is £895/mo.

Rent	Date	Distance	Address	Beds	Type
£950	10/24	0.22 mi	-	3	Semi-Detached House
£850	02/24	0.38 mi	-	3	Semi-Detached House
£695	02/24	0.54 mi	-	3	Terraced House
£850	04/25	0.55 mi	-	3	Semi-Detached House
£800	12/24	0.61 mi	Caradog Street, Port Talbot	3	Semi-Detached House
£825	12/24	0.72 mi	New Street, Port Talbot	3	Terraced House
£1,750	08/24	0.77 mi	-	3	Terraced House
£1,150	01/25	0.78 mi	-	3	Terraced House
£850	08/24	0.79 mi	-	3	Terraced House
£830	03/25	0.82 mi	-	3	Terraced House
£900	12/24	0.83 mi	Sandfields Road, PORT TALBOT	4	House
£950	02/25	0.83 mi	-	3	Terraced House
£800	08/24	0.95 mi	Lilian Street, PORT TALBOT	3	Flat
£950	12/24	1.17 mi	St Pauls Road, Port Talbot, SA12 6PG	3	House
£895	08/24	1.21 mi	Sandown Road, Port Talbot, SA12	3	Detached House
£895	08/24	1.21 mi	-	3	Semi-Detached House
£975	12/24	1.24 mi	Abbottsmoor, Port Talbot,	3	House

Local Area Statistics

Population in SA13	19,50119,501
Population in Port Talbot	52,16652,166
Town centre distance	0.51 miles away0.51 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.22 miles away0.22 miles away

Rental growth (12m)	+18%+18%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+38%+38%

Property History

Listed for £90,000

January 21, 2025

Description

Victorian four bedroom mid terrace house +
Three reception rooms +
Original features throughout +
Enclosed rear garden +
CASH BUYERS ONLY / SOLD AS SEEN +
FULL REFURBISHMENT PROJECT +

PJC welcome to the market an opportunity for CASH BUYER to purchase this VICTORIAN FOUR BEDROOM MID TERRACE HOME offers SPACIOUS ACCOMMODATION throughout. Located within close proximity to local shops, schools and transport links. This property is in need of a full renovation and can be offered with NO ON-GOING CHAIN.

Accommodation briefly comprises to ground floor hallway, three reception rooms, kitchen and pantry. To the first floor four bedroom and family bathroom.

Key features:
CASH BUYERS ONLY
Full renovation
SOLD AS SEEN
Original features throughout
Freehold
Close to Port Talbot bus and train station
Walking distance of the town centre

Agent Details

Payton Jewell Caines, Port Talbot

01639 505687

Next Steps?

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

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