2 Bed Terraced House, Refurb/BRRR, Port Talbot, SA13 3NP, £85,000
Gelli Houses Cymmer, Port Talbot, SA13 3NP - 2 views - 2 months ago
Cash
Refurb/BRRR
ROI: 9%
~68 m²





+4 photos
ValuationFair Value
Sold Prices | £55K - £156K |
Sold Prices/m² | £484/m² - £2.7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.2K/m² |
Value Estimate | £84,336 |
| |
End Value (After Refurb) | £73,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £21,250 |
Stamp Duty & Legal Fees | £3,750 |
Refurb Costs | £27,830 |
Bridging Loan Interest | £2,231 |
Total Cash In | £56,812 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £73,000 |
Mortgage (After Refinance) | £54,750 |
Mortgage LTV | 75% |
Cash Left In | £56,812 |
Equity | £18,250 |
Rent Range | £433 - £1,650 |
Rent Estimate | £826 |
Running Costs/mo | £413 |
Cashflow/mo | £413 |
Cashflow/yr | £4,952 |
ROI | 9% |
Gross Yield | 12% |
Local Sold Prices
23 sold prices from £55K to £156K, average is £89K. £484/m² to £2.7K/m², average is £1.2K/m².
Local Rents
24 rents from £433/mo to £1.6K/mo, average is £750/mo.
Local Area Statistics
Population in SA13 | 19,501 |
Population in Port Talbot | 52,166 |
Town centre distance | 7.59 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 3.16 miles away |
| |
Rental growth (12m) | +18% |
Sales demand | Seller's market |
Capital growth (5yrs) | +38% |
Property History
Listed for £85,000
January 30, 2025
Floor Plans
