3 Bed Semi-Detached House, Single Let, Swansea, SA1 6TY, £120,000

Nicander Parade, Mayhill, Swansea, SA1 6TY - 3 views - 3 months ago

Sold STC
BTL
ROI: 10%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£66K - £370K
Sold Prices/m²£730/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£125,938
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£800 - £1,900

Rent Estimate

£850

Running Costs/mo

£565

Cashflow/mo

£285

Cashflow/yr

£3,420

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £66K to £370K, average is £124K. £730/m² to £2.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£140K03/230 mi38, Nicander Parade, Mayhill, Swansea SA1 6TY3
£103K07/210.1 mi26, Creidiol Road, Mayhill, Swansea SA1 6TZ3
£105K05/230.16 mi17, Cadrawd Road, Mayhill, Swansea SA1 6UG3
£82K08/210.19 mi84, Teilo Crescent, Mayhill, Swansea SA1 6SY3
£148K12/210.19 mi33, Terrace Road, Swansea SA1 6HN3
£82K02/230.21 mi41, Eigen Crescent, Mayhill, Swansea SA1 6LB3
£107K04/210.22 mi346, Townhill Road, Mayhill, Swansea SA1 6PB3
£71.5K01/210.22 mi24, Portia Terrace, Swansea SA1 6XW3
£130K12/200.24 mi60, Norfolk Street, Swansea SA1 6JE3
£123K06/210.24 mi59, Norfolk Street, Swansea SA1 6JE3
£135.5K07/230.24 mi91, Norfolk Street, Swansea SA1 6JE3
£144.5K07/230.25 mi11, Hill Street, Swansea SA1 6XU3
£134K09/230.26 mi10, Rhondda Street, Swansea SA1 6ER3
£130K12/200.27 mi60, Rhondda Street, Swansea SA1 6ET3
£125K07/230.27 mi55, Rhondda Street, Swansea SA1 6ET3
£177.5K07/230.28 mi57, Mount Pleasant, Swansea SA1 6EQ3
£182.5K05/230.28 mi31, Mount Pleasant, Swansea SA1 6EQ3
£145K02/230.29 mi130, Rhondda Street, Swansea SA1 6EU3
£95K02/210.31 mi129, Penygraig Road, Townhill, Swansea SA1 6LA3
£110K05/230.31 mi10, Watkin Street, Swansea SA1 6YD3
£112.5K11/210.31 mi82, Watkin Street, Swansea SA1 6YE3
£160K04/230.31 mi98, Watkin Street, Swansea SA1 6YE3
£66K09/210.32 mi26, Waun Wen Road, Swansea SA1 6FN3
£210K04/230.33 mi76, Cromwell Street, Swansea SA1 6EX3
£109.5K11/210.33 mi17, Dyfed Avenue, Townhill, Swansea SA1 6NP3
£125K07/230.34 mi36, Colbourne Terrace, Swansea SA1 6FW3
£70K04/230.35 mi9, Pleasant View Terrace, Swansea SA1 6YQ3
£98K03/210.38 mi31, Gwili Terrace, Mayhill, Swansea SA1 6TW3
£125K01/210.38 mi10, Baptist Well Place, Swansea SA1 6FD3
£95K02/210.38 mi53, Wheatfield Terrace, Swansea SA1 6FS3
£175K07/210.39 mi22, Mount Pleasant, Swansea SA1 6EE3
£236.5K05/220.4 mi14, Rhianfa Gardens, Swansea SA1 6DH3
£115K11/210.4 mi13, Graig Terrace, Swansea SA1 6YJ3
£145.3K08/210.4 mi28, Clifton Hill, Swansea SA1 6XQ3
£160K04/230.41 mi13, Pantycelyn Road, Townhill, Swansea SA1 6NA3
£112K10/210.42 mi68, Baptist Well Street, Swansea SA1 6FB3
£110K01/210.43 mi18, Seaview Terrace, Swansea SA1 6FE3
£115K08/210.46 mi3, Merlin Crescent, Townhill, Swansea SA1 6PS3
£109K02/230.47 mi181, Carmarthen Road, Swansea SA1 1HE3
£280K01/210.47 mi20, Ffynone Drive, Swansea SA1 6DD3
£370K09/230.47 mi20, Ffynone Drive, Swansea SA1 6DD3
£140K08/230.5 mi66, Powys Avenue, Townhill, Swansea SA1 6PQ3
£115K08/230.5 mi40, Park Terrace, Swansea SA1 2BY3
£200K11/210.5 mi2, Nicholl Street, Swansea SA1 4HE3
£110K04/230.54 mi57, Merlin Crescent, Townhill, Swansea SA1 6PR3
£120K11/220.58 mi26, Elphin Gardens, Townhill, Swansea SA1 6QG3
£88K12/200.65 mi42, Middle Road, Cwmbwrla, Swansea SA5 8HQ3
£95K01/230.65 mi31, Stepney Street, Cwmbwrla, Swansea SA5 8BD3
£127.5K03/210.65 mi82, Stepney Street, Cwmbwrla, Swansea SA5 8BD3
£145.5K10/210.66 mi454, Carmarthen Road, Cwmdu, Swansea SA5 8LN3

Local Rents

28 rents from £800/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£97508/240.14 miIslwyn Road, Mayhill, SWANSEA3
£1,30011/240.16 mi-3
£1,10012/240.16 mi-3
£1,29002/250.22 mi-3
£1,10002/240.23 mi-3
£99503/250.23 mi-3
£95008/240.25 miMayhill Road, Mayhill, SWANSEA3
£1,05008/240.27 miCampbell Street, SWANSEA3
£1,05008/240.27 miCampbell Street, Swansea3
£85010/240.29 mi-3
£85012/240.31 mi-3
£1,02008/240.36 miMount Pleasant, Mount Pleasant, Swansea3
£90004/250.37 mi-3
£1,05008/240.37 miGraig Terrace, Mount Pleasant, Swansea3
£95008/240.38 miWheatfield Terrace, SWANSEA3
£1,19504/250.38 mi-3
£1,10008/240.39 miMount Pleasant, Swansea3
£1,10008/240.4 miCarlton Terrace, SWANSEA3
£1,19003/250.4 mi-3
£1,29003/250.4 mi-3
£1,11008/240.48 miSt Ledger Crescent, St Thomas, Swansea3
£1,29508/240.5 miNicholl Street, SA13
£1,90008/240.54 miHigh Street, SWANSEA3
£1,90008/240.54 miHigh Street, SWANSEA3
£1,25011/230.55 miSt. Helens Road, SWANSEA3
£80008/240.56 miPenlan Crescent, Uplands3
£95011/240.58 mi-3
£1,10007/240.58 mi-3

Local Area Statistics

Population in SA1

47,355

Population in Swansea

269,408

Town centre distance

1.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £120,000

February 7, 2025

Floor Plans

Description

This three-bedroom semi-detached home, presenting an excellent opportunity for buyers looking to modernise and add value. Situated in a convenient residential area close to local amenities and Swansea city centre, this property has great potential to become a wonderful family home or investment.

Three Well-Proportioned Bedrooms – Offering plenty of space for a growing family.

Spacious Lounge/Dining Area – A bright and airy living space.

Generous Rear Garden – A great outdoor space with potential for landscaping.

This property has the potential to become a fantastic home. Whether you're a first-time buyer, an investor, or looking for a project, this is an excellent opportunity to add value and personalise the space to your taste.

Freehold
Council Tax Band B

Agent Details

John Francis, Swansea

01792 949594

Next Steps?

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