3 Bed Semi-Detached House, Refurb/BRRR, Neath, SA11 5AR, £125,000

Pontneathvaughan Road, Glynneath, Neath, Neath Port Talbot., SA11 5AR - 1 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£78K - £233K
Sold Prices/m²£1.1K/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£125,000

 

 

End Value (After Refurb)

£161,966

Uplift in Value

+30%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£37,702

Bridging Loan Interest

£3,281

Total Cash In

£78,933

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£161,966

Mortgage (After Refinance)

£121,475

Mortgage LTV

75%

Cash Released

£27,725

Cash Left In

£51,208

Equity

£40,492

Rent Range

£600 - £2,465

Rent Estimate

£931

Running Costs/mo

£712

Cashflow/mo

£219

Cashflow/yr

£2,624

ROI

3%

Gross Yield

9%

Local Sold Prices

35 sold prices from £78K to £233K, average is £135K. £1.1K/m² to £2.9K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£130K04/230.11 mi10, Ynyslas Crescent, Glynneath, Neath, Neath Port Talbot SA11 5LB3
£120K12/200.11 mi20, Ynyslas Crescent, Glynneath, Neath, Neath Port Talbot SA11 5LB3
£233K08/240.13 mi32, Pontneathvaughan Road, Glynneath, Neath, Neath Port Talbot SA11 5NT3
£122K01/210.16 mi25, Woodland Park, Glynneath, Neath, Neath Port Talbot SA11 5AY3
£160K04/240.16 mi3, Woodland Park, Glynneath, Neath, Neath Port Talbot SA11 5AY3
£117K03/210.19 mi1, Heol Y Glyn, Glynneath, Neath, Neath Port Talbot SA11 5BB3
£168K06/210.24 mi9, Lon Y Nant, Glynneath, Neath, West Glamorgan SA11 5BD3
£115.5K01/210.24 mi5, Lon Y Nant, Glynneath, Neath, Neath Port Talbot SA11 5BD3
£200K01/230.29 mi14, Hays Crescent, Glynneath, Neath, Neath Port Talbot SA11 5BE3
£155K05/210.29 mi34, Hays Crescent, Glynneath, Neath, Neath Port Talbot SA11 5BE3
£155K06/210.29 mi5, Hays Crescent, Glynneath, Neath, Neath Port Talbot SA11 5BE3
£130K05/230.29 mi9, Hays Crescent, Glynneath, Neath, Neath Port Talbot SA11 5BE3
£135K04/210.34 mi40, Ynys Y Nos, Glynneath, Neath, Neath Port Talbot SA11 5LS3
£205K11/200.34 mi28, Ynys Y Nos, Glynneath, Neath, Neath Port Talbot SA11 5LS3
£215K01/210.34 mi53, Pontneathvaughan Road, Glynneath, Neath, Neath Port Talbot SA11 5NS3
£90K11/200.35 mi6, Ynysynos Avenue, Glynneath, Neath, Neath Port Talbot SA11 5LS3
£165K09/230.4 mi3, Whitting Street, Glynneath, Neath, Neath Port Talbot SA11 5DH3
£135K02/230.4 mi8, Whitting Street, Glynneath, Neath, Neath Port Talbot SA11 5DH3
£130K05/210.45 mi8, Edward Street, Glynneath, Neath, Neath Port Talbot SA11 5DL3
£210K03/230.54 mi3, Rock Street, Glynneath, Neath, Neath Port Talbot SA11 5EE3
£136K12/200.54 mi7, Rock Street, Glynneath, Neath, Neath Port Talbot SA11 5EE3
£209K11/230.55 mi25, Park Avenue, Glynneath, Neath, Neath Port Talbot SA11 5DP3
£190K10/230.55 mi26, Park Avenue, Glynneath, Neath, Neath Port Talbot SA11 5DP3
£187K04/210.57 mi6, Park Avenue, Glynneath, Neath, Neath Port Talbot SA11 5DW3
£110K11/200.57 mi9, Park Avenue, Glynneath, Neath, Neath Port Talbot SA11 5DW3
£95K04/210.64 mi37, Park Avenue, Glynneath, Neath, Neath Port Talbot SA11 5DR3
£187K02/240.77 mi11, Min Y Coed, Glynneath, Neath, Neath Port Talbot SA11 5RY3
£86K06/230.79 mi22, Maes Y Pergwm, Glynneath, Neath, Neath Port Talbot SA11 5EA3
£100K06/230.79 mi31, Maes Y Pergwm, Glynneath, Neath, Neath Port Talbot SA11 5EA3
£140K12/230.86 mi17, Morfa Glas, Glynneath, Neath, Neath Port Talbot SA11 5RS3
£155K04/230.95 mi37, Morfa Glas, Glynneath, Neath, Neath Port Talbot SA11 5RP3
£112K05/230.96 mi18, Golwg Y Coed, Glynneath, Neath, Neath Port Talbot SA11 5SQ3
£90K04/210.97 mi72, Pentre Street, Glynneath, Neath, Neath Port Talbot SA11 5HA3
£125K03/230.99 mi42, Godfrey Avenue, Glynneath, Neath, Neath Port Talbot SA11 5HF3
£78K05/231 mi5, Godfrey Avenue, Glynneath, Neath, Neath Port Talbot SA11 5HF3

Local Rents

12 rents from £600/mo to £2.5K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£70008/240.1 miHigh Street, Glynneath2
£84510/240.14 mi-3
£84511/230.14 mi-3
£89512/230.26 mi-3
£82506/240.28 mi-3
£85001/250.64 mi-3
£82507/231.01 mi-3
£85012/241.07 miMaes Y Dre, Glynneath, NEATH3
£67508/241.45 miHigh Street, Cwmgwrach, NEATH2
£60012/241.45 miHigh Street, Cwmgwrach, NEATH1
£80012/241.56 miGlannant Place, Cwmgwrach, NEATH3
£2,46512/231.7 mi-3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

7.99 miles away

Nearest school

0.40 miles away

Nearest train station

6.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £125,000

February 11, 2025

Floor Plans

Description

  • SEMI DETACHED PROPERTY +
  • 3 BEDROOMS +
  • RENOVATION REQUIRED THROUGHOUT +
  • LOUNGE LEADING TO SITTING ROOM +
  • DRIVEWAY & GARAGE +
  • FRONT & SIDE ENCLOSED GARDEN +
  • NO CHAIN +
  • POPULAR RESIDENTIAL LOCATION +

INVESTMENT OPPORTUNITY!
Semi detached 3 bedroom property, situated in the semi rural village of Glynneath. This property requires a full renovation & sits in the popular location of Pontneathvaughan Road. Property offers; Entrance to lounge, sitting / dining room, kitchen to the ground floor. 3 Bedrooms & family bathroom to the 1st floor. Externally offering lawn to the front & side with driveway leading to garage. The property benefits from gas central heating & double glazing, and requires renovating throughout. Glynneath has many local amenities, local shops, schools, beautiful rural walks, local Tesco store, regular bus service & good road links to the M4 corridor. Viewing is highly recommended to appreciate property potential & location. Call us today to book your viewing......

Agent Details

Clee Tompkinson & Francis, Neath

01639 501239

Next Steps?

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