3 Bed Terraced House, Refurb/BRRR, Port Talbot, SA13 3TB, £90,000

Jersey Road, Blaengwynfi, Port Talbot, SA13 3TB - 2 views - 3 months ago

Sold STC
BTL
Refurb/BRRR
ROI: 6%
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£44K - £170K
Sold Prices/m²£538/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£62,900

 

 

End Value (After Refurb)

£90,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£38,000

Bridging Loan Interest

£2,363

Total Cash In

£68,513

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£90,000

Mortgage (After Refinance)

£67,500

Mortgage LTV

75%

Cash Left In

£68,513

Equity

£22,500

Rent Range

£550 - £1,400

Rent Estimate

£812

Running Costs/mo

£464

Cashflow/mo

£348

Cashflow/yr

£4,180

ROI

6%

Gross Yield

11%

Local Sold Prices

35 sold prices from £44K to £170K, average is £78K. £538/m² to £2K/m², average is £958/m².

PriceDateDistanceAddressBeds 
£92K12/220 mi61, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£74K07/210 mi61, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£65K01/210 mi77, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£75K03/210 mi73, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£63K01/210 mi70, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TB3
£68K07/230.02 mi96, Jersey Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TD3
£75K01/210.02 mi55, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TL3
£50K01/210.12 mi44, Margaret Terrace, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3UU3
£83.5K04/210.16 mi12, High Street, Abergwynfi, Port Talbot, Neath Port Talbot SA13 3YN3
£61K07/230.17 mi34, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TH3
£70.5K05/210.17 mi36, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TH3
£44K01/210.17 mi34, Villiers Road, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TH3
£61.5K12/220.18 mi17, Caroline Street, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TW3
£112K03/230.18 mi6, Caroline Street, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3TW3
£44K03/210.19 mi29, High Street, Abergwynfi, Port Talbot, Neath Port Talbot SA13 3YW3
£70K02/230.21 mi52, Margaret Terrace, Blaengwynfi, Port Talbot, Neath Port Talbot SA13 3UY3
£125K05/231.66 mi17, Heol Y Fedw, Cymmer, Port Talbot, Neath Port Talbot SA13 3PA3
£96K08/211.71 mi62, South Avenue, Cymmer, Port Talbot, Neath Port Talbot SA13 3PY3
£170K09/221.76 mi18, Dwyfor Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3RF3
£105K02/211.83 mi16, Lloyds Terrace, Cymmer, Port Talbot, Neath Port Talbot SA13 3HT3
£79K11/201.87 mi2, Nursery Road, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3DR3
£123K06/211.88 mi11, Maesteg Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HS3
£60K06/231.88 mi4, Maesteg Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HS3
£75K04/231.91 mi65, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NB3
£63.5K11/221.91 mi49, Brynheulog Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3RR3
£120K01/231.92 mi19, Waun Avenue, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3DP3
£96.5K04/211.92 mi32, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NA3
£133K06/231.92 mi10, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NA3
£83.5K12/221.92 mi20, Heol Y Glyn, Cymmer, Port Talbot, Neath Port Talbot SA13 3NA3
£92K05/211.93 mi2, Avondale Terrace, Cymmer, Port Talbot, Neath Port Talbot SA13 3LU3
£162K04/231.93 mi9, Bryn Road, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3AU3
£92.5K05/231.96 mi12, Station Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HR3
£71K03/211.96 mi2, Station Road, Cymmer, Port Talbot, Neath Port Talbot SA13 3HR3
£78K10/211.97 mi12, Norton Terrace, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3AN3
£90K09/211.97 mi34, Norton Terrace, Glyncorrwg, Port Talbot, Neath Port Talbot SA13 3AN3

Local Rents

19 rents from £550/mo to £1.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£67508/240 miJersey Road, Blaengwynfi, PORT TALBOT3
£69508/240.05 miVilliers Road, Blaengwynfi, 3
£75008/240.35 miGwynfi Street, Blaengwynfi, PORT TALBOT3
£1,30012/241.02 mi-3
£1,40007/241.04 mi-4
£85004/241.82 mi-3
£75002/241.82 mi-3
£75008/241.83 miLloyds Terrace, Cymmer, PORT TALBOT3
£1,20012/241.89 mi-4
£55012/241.97 miHeol Yr Afon, Glyncorrwg, Port Talbot1
£89508/241.97 miSchool Road, Cymmer, PORT TALBOT3
£65012/241.99 miBrick Street, Glyncorrwg, PORT TALBOT3
£62510/231.99 mi-3
£80012/242.09 mi-3
£75003/242.09 mi-3
£1,07504/252.12 mi-3
£80012/242.37 miCaerau Road, MAESTEG3
£60012/242.37 mi-3
£57512/242.45 mi-3

Local Area Statistics

Population in SA13

19,501

Population in Port Talbot

52,166

Town centre distance

8.81 miles away

Nearest school

1.40 miles away

Nearest train station

3.02 miles away

 

 

Rental growth (12m)

+18%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £90,000

February 10, 2025

Floor Plans

Description

  • Mid-Terraced Property ER-C +
  • Three Bedrooms +
  • Ground Floor Shower Room +
  • First Floor Bathroom +
  • Spacious Lounge +
  • Ideal First Purchase +
  • Investment Opportunity +
  • Sold With No Chain +
  • Council Tax Band - A +
  • Quote Reference MM0954 +

I am pleased to present to market this mid terraced property situated in the village of Blaengwynfi, offered for sale with no on going chain. The property is situated close to local amenities including, shops, a post office and the local primary school. The accommodation briefly comprises of entrance hallway, lounge, kitchen, utility room, downstairs shower room, first floor landing and three bedrooms and family bathroom. The property has double glazing and combi boiler gas central heating. There is a paved area to the front, small courtyard area to the rear with steps leading to the garden which is in need of some attention the area benefits from gated rear access. Ideal first time purchase or buy to let investment. Quote reference MM0954 when making enquiries. Hallway Entrance Upvc panelled front door, Laminate flooring, plastered walls, plastered ceiling, wall mounted radiator, light fitting to ceiling, part wood part glass panel door leading to Lounge - 6.6m x 3.33m (21'7" x 10'11") Upvc double glazed window to the front aspect, carpeted flooring. Under sill radiator to front and back wall. Coving. Plastered ceilings, plastered walls. Two alcoves and Electric fire with oak mantle to the main wall. 2 x light fittings to ceiling. Under stair storage cupboard. Part Wood Part Glass panel door leading to Kitchen - 3.01m x 2.05m (9'10" x 6'8") Fitted kitchen with a range of base and wall units with chrome fittings, complimentary work surface, stainless steel sink and drainer unit, electric induction hob and integrated electric oven, splash back tiling, vinyl flooring, coved and artex ceiling, light fitting to central ceiling, one double radiator, uPVC fully obscured glazed window to the side facing into utility room. Wood panel door leading to kitchen. Shower Room - 1.5m x 2.27m (4'11" x 7'5") Obscured glazed uPVC double window. Comprising of a white suite including a walk in shower cubicle, wash hand basin and a low level WC. Radiator to back wall, panelled walls and vinyl flooring. Utility Room - 2.34m x 1.86m (7'8" x 6'1") uPVC window to the side of the uPVC fully obscured glazed door. Fitted kitchen units with a range of base and wall units with complimentary work surface, vinyl flooring, space for fridge/freezer, plumbing for a automatic washing machine, space for tumble dryer or dishwasher. Landing Carpet flooring, wooden balustrade. Wood panel door containing storage cupboard. Doorways to multiple rooms. Bathroom - 3.02m x 2.08m (9'10" x 6'9") Comprising of a white suite including a bath, freestanding wash hand basin and a low level WC. Obscured uPVC double glazed window, part tiled walls and carpet flooring. Wood panel door containing combination boiler and storage. Wood panel door leading in. Bedroom Two - 2.71m x 2.41m (8'10" x 7'10") uPVC Double glazed window, carpet flooring, plastered walls, wall mounted radiator. Wood panel door leading in. Bedroom One - 4.35m x 2.65m (14'3" x 8'8") uPVC Double glazing, plastered walls, carpet flooring, wall mounted radiator. Wood Panel door leading in. Bedroom Three - 3.27m x 1.62m (10'8" x 5'3") uPVC double glazing, carpet flooring, plastered walls, wall mounted radiator. Wood panel door. Front Garden Front elevated gravelled garden with wrought iron railings. Rear Garden Paved courtyard with outbuilding storage shed and steps leading to a lawned area and gated rear access.

Agent Details

eXp UK, Wales

03304 609968

Next Steps?

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