2 Bed Terraced House, Single Let, Neath, SA11 1SR, £79,950

37 Crythan Road, Neath, SA11 1SR - 2 months ago

Sold STC
BTL
ROI: 14%
~56 m²
+12 photos

ValuationOvervalued

Sold Prices£60K - £227K
Sold Prices/m²£771/m² - £2K/m²

 

 

Square Metres

~56.40 m²
Price/m²£1.4K/m²

Value Estimate

£71,499

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£5,198

Total Cash In

£25,185

 

 

Cash Out

 

Rent Range

£650 - £845

Rent Estimate

£695

Running Costs/mo

£409

Cashflow/mo

£286

Cashflow/yr

£3,434

ROI

14%

Gross Yield

10%

Local Sold Prices

51 sold prices from £60K to £227K, average is £90K. £771/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£80K01/210.01 mi34, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£84.6K11/210.01 mi32, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£60K11/230.03 mi41, Briton Ferry Road, Neath, Neath Port Talbot SA11 1AR2
£98K09/230.05 mi3, Taylors Row, Neath, Neath Port Talbot SA11 1SY2
£65K12/210.09 mi4, Exchange Road, Neath, Neath Port Talbot SA11 1TD2
£98K08/210.09 mi9, Marshfield Road, Neath, Neath Port Talbot SA11 1BD2
£85K12/200.1 mi12, Whittington Street, Neath, Neath Port Talbot SA11 1AW2
£90K05/230.11 mi21, Whittington Street, Neath, Neath Port Talbot SA11 1AN2
£61K01/210.12 mi30, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£95K05/230.12 mi17, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£75.5K06/210.15 mi7, Springfield Terrace, Neath, Neath Port Talbot SA11 1AB2
£107K05/240.16 mi23, New Henry Street, Neath, Neath Port Talbot SA11 1PH2
£80K03/210.16 mi16, Wallace Road, Neath, Neath Port Talbot SA11 1YL2
£90K07/230.17 mi5, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£82.5K02/240.17 mi11, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£85K06/230.18 mi46, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£120K02/240.18 mi42, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£87K04/210.19 mi32, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£100K12/230.19 mi58, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£82.5K07/230.2 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£82.5K07/230.2 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£100K11/210.21 mi53, Wallace Road, Neath, Neath Port Talbot SA11 1YH2
£105K02/210.24 mi8, Bowden Road, Neath, Neath Port Talbot SA11 1UH2
£90K11/200.24 mi1, Burnside, Neath, Neath Port Talbot SA11 1UL2
£74K07/230.25 mi50, King Street, Neath, Neath Port Talbot SA11 1PF2
£97K11/230.25 mi1, Maes Y Ffynon Close, Neath, Neath Port Talbot SA11 1HQ2
£72.5K11/200.28 mi26, King Street, Neath, Neath Port Talbot SA11 1PW2
£81.5K03/210.28 mi39, King Street, Neath, Neath Port Talbot SA11 1PW2
£63.5K02/210.28 mi42, King Street, Neath, Neath Port Talbot SA11 1PW2
£79K06/230.28 mi27, King Street, Neath, Neath Port Talbot SA11 1PW2
£69K11/200.3 mi62, Windsor Road, Neath, Neath Port Talbot SA11 1NH2
£110K03/230.32 mi84, Evans Road, Neath, Neath Port Talbot SA11 2DB2
£66K12/200.33 mi9, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£77K06/210.33 mi19, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£183K06/240.34 mi8, Bilton Road, Neath, Neath Port Talbot SA11 1YU2
£98K05/240.35 mi8, Rectory Road, Neath, Neath Port Talbot SA11 1ET2
£98K03/230.36 mi9, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£117K09/230.36 mi15, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£80K05/240.39 mi8, Highbury Court, Neath, Neath Port Talbot SA11 1TX2
£79.3K01/210.42 mi5, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£85K10/230.42 mi28, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£114K08/240.43 mi6, Morgans Road, Neath, Neath Port Talbot SA11 2DG2
£95K10/210.49 mi6, Eaglesbush Close, Neath, Neath Port Talbot SA11 2AL2
£132K08/240.5 mi14, Greenwood Road, Neath, Neath Port Talbot SA11 2BD2
£120K11/230.5 mi8, Greenwood Road, Neath, Neath Port Talbot SA11 2BD2
£89K03/210.51 mi23, Addison Road, Neath, Neath Port Talbot SA11 2AY2
£116K04/240.52 mi49, Morgans Road, Neath, Neath Port Talbot SA11 2EL2
£105K06/230.53 mi19, Griffiths Buildings, Penrhiwtyn, Neath, Neath Port Talbot SA11 2EG2
£115K06/210.55 mi54, Moorland Road, Neath, Neath Port Talbot SA11 1JW2
£110K01/240.57 mi5, Bank Side, Neath, Neath Port Talbot SA11 1RY2
£227K04/210.61 mi6, Pearson Way, Neath, Neath Port Talbot SA11 2EJ2

Local Rents

15 rents from £650/mo to £845/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70009/240.02 mi-2
£74503/250.1 mi-2
£70012/240.1 mi-2
£79512/240.11 mi-2
£79512/240.11 mi-2
£79512/240.19 mi-2
£69512/240.2 mi-2
£80012/240.2 miHenry Street, NEATH2
£84511/230.22 mi-2
£84511/230.22 mi-2
£72510/240.23 mi-2
£69508/240.27 miLondon Road, Neath, 2
£65008/240.28 mi-2
£79511/240.42 mi-2
£75010/240.43 mi-2

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.67 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £79,950

January 30, 2025

Floor Plans

Description

  • EPC RATING D +
  • WALKING DISTANCE TO NEATH TOWN CENTER +
  • LEVEL LOCATION +
  • VACANT POSSESSION +
  • IDEAL INVESTMENT OR FIRST TIME BUYER +
  • LOUNGE/DINING ROOM +
  • FITTED KITCHEN +
  • TWO BEDROOMS +
  • MODERN FAMILY BATHROOM +
  • ENCLOSED REAR GARDEN +

This mid terraced house presents an excellent opportunity for both first-time buyers and investors, with its prime location, the property is conveniently situated within walking distance of Neath Town Centre, providing easy access to a variety of shops, cafes, and local amenities. There are two bedrooms with a modern family bathroom and spacious lounge/dining room, the rear garden, which, while requiring some attention, holds significant potential, this outdoor space could easily be transformed into a lovely retreat for relaxation or social gatherings, with vacant possession, this property is ready for you to make it your own, whether you are looking to invest in a promising rental opportunity or seeking your first home, this terraced house on Crythan Road is a must-see.

Main Dwelling -

Hallway - 2.44m x 1.22m (8' x 4' ) -

Lounge/Dining Room - 5.11m x 3.40m narrowing to 2.95m (16'9 x 11'2 narr -

Lounge -

Kitchen - 3.12m x 2.77m (10'3 x 9'1) -

Stairway -

Landing - 3.68m x 1.68m (12'1 x 5'6) -

Bedroom One - 3.25m x 2.77m (10'8 x 9'1) -

Bedroom Two - 4.57m x 2.97m narrowing to 1.35m (15' x 9'9 narrow -

Bathroom - With window to rear, panel bath, tiled to walls,

Rear Garden -

Drone -

Agents Notes - Conservation Area
No

Flood Risk
No Risk

Plot size
0.03 acres

Mobile coverage
EE
Vodafone
Three
O2

Broadband
Basic
13 Mbps
Superfast
76 Mbps
Ultrafast
1000 Mbps

Satellite / Fibre TV Availability
BT
Sky
Virgin

Agents Notes - Local Authority
Neath Port Talbot
Council Tax
Band:
A
Annual Price:
£1,521 (min)

Agents Notes - Section 21 of the Estate Agents act 1979 applies to this property.

There are small signs of JKW to the rear garden from the neighbouring property, the vendor has agreed to put a plan in place for this, for further information please contact the Neath office.

Agent Details

Astleys, Neath

01639 501174

Next Steps?

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