2 Bed Semi-Detached House, Refurb/BRRR, Swansea, SA1 2PX, £124,995

Pentre Treharne Road, Landore, Swansea, City And County of Swansea., SA1 2PX - 3 views - 2 months ago

BTL
Refurb/BRRR
ROI: 10%
~68 m²
+5 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,249

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£27,830

Bridging Loan Interest

£3,281

Total Cash In

£69,060

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£113,000

Mortgage (After Refinance)

£84,750

Mortgage LTV

75%

Cash Left In

£69,060

Equity

£28,250

Rent Range

£700 - £2,150

Rent Estimate

£1,156

Running Costs/mo

£604

Cashflow/mo

£552

Cashflow/yr

£6,620

ROI

10%

Gross Yield

11%













Local Rents

22 rents from £700/mo to £2.1K/mo, average is £938/mo.

RentDateDistanceAddressBeds 
£89503/250.2 mi-2
£85008/240.22 miFrederick Street, Brynhyfryd2
£95010/230.22 mi-2
£89512/240.23 mi-2
£97502/250.23 mi-2
£84503/250.3 mi-2
£85010/230.3 mi-2
£87508/240.34 mi-2
£72509/240.37 mi-2
£72509/240.37 mi-2
£95008/240.5 miMorfa Road, SWANSEA2
£95008/240.51 miGolwg Y Garreg Wen, Swansea2
£99508/240.53 miMinotaur Way, Pentrechwyth, SWANSEA2
£2,15011/240.54 mi-2
£2,15011/240.54 mi-2
£2,10012/240.54 mi-2
£2,10003/250.54 mi-2
£92508/240.56 miNaiad Road, Copper Quarter2
£2,00004/240.57 mi-2
£1,10008/240.59 miJersey Street, Swansea, West Wales2
£83008/240.61 miCarmarthen Road, SWANSEA2
£70003/250.62 mi-2

Local Area Statistics

Population in SA1

47,355

Population in Swansea

269,408

Town centre distance

1.43 miles away

Nearest school

0.10 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £124,995

February 13, 2025

Floor Plans

Description

  • Semi-detached home +
  • Two bedrooms +
  • Modernisation required +
  • 1st floor adapted shower room +
  • Spacious corner plot with lots of scope to add parking +
  • Close to local primary schools/retail park +
  • Short distance to the city centre +
  • Ideal first time buy or buy to let +
  • No Chain +

A two bedroom semi-detached home positioned on a corner plot within Landore, Swansea. Accommodation includes: entrance hallway/porch, lounge, kitchen, utility room to ground floor. To the first floor are two bedrooms and adapted wet room. Externally the property enjoys a large garden frontage and enclosed rear gardens. The property would benefit from some modernisation. The property is conveniently positioned close to primary schools and retail parks as well as being a short distance from the city centre. Ideal first time buy or buy to let opportunity with no onward chain.

Agent Details

Clee Tompkinson & Francis, Swansea

01792 949775

Next Steps?

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