3 Bed Terraced House, Refurb/BRRR, Neath, SA11 2HG, £85,000

Penrhiwtyn Street, Neath, SA11 2HG - 19 views - 3 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£64K - £215K
Sold Prices/m²£667/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£914/m²

Value Estimate

£103,000
BMV3%

 

 

End Value (After Refurb)

£169,091

Uplift in Value

+69%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£37,702

Bridging Loan Interest

£2,231

Total Cash In

£67,133

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£169,091

Agent Fees (1%)

£1,691

Bridging Loan

£63,750

Bridging Loan Interest

£2,231

Flip Profit

£36,517

Local Sold Prices

49 sold prices from £64K to £215K, average is £112K. £667/m² to £2.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£100K11/210 mi30, Penrhiwtyn Street, Neath, Neath Port Talbot SA11 2HG3
£102K06/240 mi37, Penrhiwtyn Street, Neath, Neath Port Talbot SA11 2HG3
£85K03/240.06 mi9, Collins Street, Neath, Neath Port Talbot SA11 2HH3
£195K07/210.1 mi18, May Drew Way, Neath, Neath Port Talbot SA11 2HX3
£215K10/230.1 mi4, May Drew Way, Neath, Neath Port Talbot SA11 2HX3
£100K12/200.11 mi59, Pant Yr Heol, Neath, Neath Port Talbot SA11 2HN3
£95K07/240.12 mi123, Pant Yr Heol, Neath, Neath Port Talbot SA11 2HB3
£170K05/230.13 mi54, Westbourne Road, Neath, Neath Port Talbot SA11 2EW3
£122K12/200.13 mi63, Westbourne Road, Neath, Neath Port Talbot SA11 2EW3
£162.5K12/200.14 mi51, Penrhiwtyn Drive, Neath, Neath Port Talbot SA11 2JF3
£149.5K07/210.15 mi36, Westbourne Road, Neath, Neath Port Talbot SA11 2EP3
£205K07/240.16 mi27, Havard Jones Close, Neath, Neath Port Talbot SA11 2HR3
£175K04/210.16 mi12, Glyn Garfield Close, Neath, Neath Port Talbot SA11 2JR3
£110K10/210.21 mi7, Morgans Terrace, Neath, West Glamorgan SA11 2SY3
£87K03/210.21 mi8, Morgans Terrace, Neath, Neath Port Talbot SA11 2SY3
£149.9K10/230.23 mi15, Cwrt Sart, Neath, Neath Port Talbot SA11 2ST3
£115K04/240.27 mi48, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£110K03/230.27 mi46, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£90K07/230.27 mi8, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£92K10/210.28 mi18, Greenwood Road, Neath, Neath Port Talbot SA11 2BD3
£155K05/240.28 mi227, Old Road, Neath, Neath Port Talbot SA11 2ES3
£100K01/230.28 mi264, Old Road, Neath, Neath Port Talbot SA11 2ES3
£80K03/240.28 mi19, Chamberlain Road, Neath, Neath Port Talbot SA11 2BE3
£95.5K05/210.28 mi51, Chamberlain Road, Neath, Neath Port Talbot SA11 2BE3
£112K06/210.29 mi43, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UN3
£106K06/240.3 mi19, Furnace Terrace, Neath, Neath Port Talbot SA11 2EE3
£149.9K05/230.33 mi9, Wembley, Neath, Neath Port Talbot SA11 2AT3
£73K10/230.33 mi37, Morgans Road, Neath, Neath Port Talbot SA11 2DG3
£150K12/220.34 mi15, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UH3
£89K09/210.34 mi22, Helens Road, Penrhiwtyn, Neath, Neath Port Talbot SA11 2DL3
£105K01/240.35 mi84, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UG3
£90K11/230.35 mi82, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UG3
£108.5K05/210.36 mi332, Old Road, Neath, Neath Port Talbot SA11 2EY3
£112K04/210.36 mi10, Primrose Road, Neath, Neath Port Talbot SA11 2AP3
£153K06/210.39 mi27, Herbert Road, Neath, Neath Port Talbot SA11 2DD3
£142K06/230.39 mi2, Llys Walters, Neath, Neath Port Talbot SA11 2EQ3
£150K10/210.4 mi33, Primrose Road, Neath, Neath Port Talbot SA11 2AR3
£117.5K03/210.41 mi67, Ruskin Street, Neath, Neath Port Talbot SA11 2HY3
£168K07/240.41 mi6, Ormond Street, Neath, Neath Port Talbot SA11 2TH3
£185K06/210.44 mi301, Old Road, Briton Ferry, Neath, Neath Port Talbot SA11 2HA3
£73K11/230.46 mi30, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£154K08/240.46 mi43, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£90K06/210.46 mi30, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TL3
£92.5K09/210.47 mi11, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£125K06/210.47 mi15, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£175K03/230.47 mi5, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£101.5K12/230.47 mi7, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£114K04/210.47 mi99, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LG3
£64K09/230.47 mi82, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LG3

Local Rents

14 rents from £595/mo to £975/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£80012/240.08 miHowell Road, NEATH3
£87512/240.12 miPant Yr Heol, NEATH3
£87508/240.15 miPenrhiwtyn Drive, Briton Ferry, Neath, SA11 2JF3
£85012/240.16 miFarm Road, NEATH3
£59508/240.21 miMorgans Terrace, Briton Ferry, Neath3
£90004/250.24 mi-3
£97510/240.25 mi-3
£90008/240.29 miMorgans Road, Neath, 3
£84501/250.34 mi-3
£95012/240.42 miBryn Teg, NEATH3
£90012/240.47 miGlanymor Street, Briton Ferry, NEATH3
£87501/250.48 mi-3
£94004/250.48 mi-3
£84503/250.57 mi-3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

3.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Price changed to £85,000

April 1, 2025

Price changed to £90,000

March 4, 2025

Listed for £100,000

January 27, 2025

Floor Plans

Description

  • Ideal First Time Purchase or Investment! +
  • Requires Modernisation +
  • Sizable Home Oozing Potential +
  • No On Going Chain +
  • Enclosed Rear Garden +

SUMMARY
A well loved family home now available for sale with no on going chain, perfect for first time buyers or investors! Boasting two reception rooms, a fitted kitchen, bathroom and additional w.c. With great links to public transport, the Town Centre and the M4 corridor. Internal viewings are required!

DESCRIPTION
Requiring refurbishment and to be sold with no on going chain is this family home in Penrhiwtyn, Neath, oozing with potential to improve. The perfect Investment or First Time Purchase! With fantastic links to local schools such as Melyn Primary, Cefn Saeson Comprehensive and Neath College as well as public transport routes via bus or main line trains! Great for commuters with links to the M4 and A465!
Internally, the property comprises of an entrance hallway, with stairs to the landing, a lounge with double doors into a dining room, a pleasant fitted kitchen and inner hallway with a fitted three piece bathroom suite and additional w.c. A uPVC door leads out to the decked and enclosed rear garden. The first floor houses all three double bedrooms and access to the loft space.
Internal viewings are highly recommended.

Entrance Hall 

Lounge 11' 5" x 10' Plus Recess ( 3.48m x 3.05m Plus Recess )

Dining Room 11' 7" x 13' 8" ( 3.53m x 4.17m )

Kitchen 11' 1" x 9' 6" ( 3.38m x 2.90m )

Bathroom 

Landing 

Bedroom One 15' 9" x 10' 3" ( 4.80m x 3.12m )

Bedroom Two 11' 8" x 10' 2" ( 3.56m x 3.10m )

Bedroom Three 11' 2" x 9' 6" ( 3.40m x 2.90m )

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, Neath

01639 505098

Next Steps?

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