2 Bed Terraced House, Refurb/BRRR, Swansea, SA9 2BN, £90,000

Prospect Place, Ystalyfera, Ystradgynlais , Neath Port Talbot., SA9 2BN - 3 views - a month ago

Sold STC
Refurb/BRRR
ROI: 8%
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£35K - £160K
Sold Prices/m²£467/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£76,677

 

 

End Value (After Refurb)

£93,653

Uplift in Value

+4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£27,537

Bridging Loan Interest

£2,363

Total Cash In

£58,050

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£93,653

Mortgage (After Refinance)

£70,239

Mortgage LTV

75%

Cash Released

£2,739

Cash Left In

£55,310

Equity

£23,413

Rent Range

£500 - £1,600

Rent Estimate

£878

Running Costs/mo

£488

Cashflow/mo

£390

Cashflow/yr

£4,677

ROI

8%

Gross Yield

12%

Local Sold Prices

27 sold prices from £35K to £160K, average is £85K. £467/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£90K06/230.05 mi34, Wern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LY2
£66K11/230.05 mi64, Wern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LY2
£91K02/210.05 mi58, Wern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LY2
£91K03/230.06 mi5, Canal Terrace, Ystalyfera, Swansea, Neath Port Talbot SA9 2LP2
£85K09/220.06 mi24, Canal Terrace, Ystalyfera, Swansea, Neath Port Talbot SA9 2LP2
£84K11/220.06 mi20, Canal Terrace, Ystalyfera, Swansea, Neath Port Talbot SA9 2LP2
£77K02/210.12 mi11, Deeley Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LW2
£88K08/210.13 mi93, Wern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LZ2
£85K04/230.13 mi105, Wern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LZ2
£100K01/240.13 mi93, Wern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LZ2
£52K10/230.14 mi54, Gough Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2NA2
£130K10/200.14 mi89, Wern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2LZ2
£77K03/210.14 mi17, Commercial Street, Ystalyfera, Swansea, Neath Port Talbot SA9 2HR2
£94K08/220.15 mi15, Commercial Street, Ystalyfera, Swansea, Neath Port Talbot SA9 2HR2
£47K10/200.2 mi68, Commercial Street, Ystalyfera, Swansea, Neath Port Talbot SA9 2HS2
£65K04/210.22 mi16, Milborough Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2AB2
£160K08/230.29 mi19, Glanyrafon Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2HA2
£80K10/230.31 mi80, Penywern Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2AT2
£35K12/220.41 mi106, Cyfyng Road, Ystalyfera, Swansea, Neath Port Talbot SA9 2BT2
£123K08/230.46 mi63, Glantwrch, Ystalyfera, Swansea, Neath Port Talbot SA9 2JN2
£60K06/230.52 mi2, Clees Lane, Ystalyfera, Swansea, Neath Port Talbot SA9 2BX2
£52.5K10/200.52 mi28, Clees Lane, Ystalyfera, Swansea, Neath Port Talbot SA9 2BX2
£133K06/230.82 mi17, Tudor Street, Ystradgynlais, Swansea, Powys SA9 1AN2
£110K10/220.84 mi14, Chemical Row, Godrergraig, Swansea, Neath Port Talbot SA9 2DH2
£105K10/230.9 mi69, Heol Twrch, Lower Cwmtwrch, Swansea, Powys SA9 2TD2
£61K11/220.95 mi73, Heol Twrch, Lower Cwmtwrch, Swansea, Powys SA9 2TE2
£90K12/221 mi77, Heol Twrch, Lower Cwmtwrch, Swansea, Powys SA9 2TE2

Local Rents

13 rents from £500/mo to £1.6K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72508/240.14 miCommercial Street, Ystalyfera3
£62508/240.21 miMilborough Road, Ystalyfera, SWANSEA1
£50005/240.35 mi-1
£50003/250.35 mi-1
£95008/240.87 miFfordd Y Glowyr, Godrergraig, Swansea, City And County of Swansea.3
£87508/240.87 miFfordd Y Glowyr , Godrergraig, Pontardawe, Neath and Port Talbot.3
£82508/240.9 miHeol Twrch, Lower Cwmtwrch, Swansea.3
£69510/241.01 mi-2
£69508/241.02 mi-2
£1,40008/241.91 mi-3
£1,60006/241.91 mi-3
£1,40002/251.91 mi-3
£70002/252.17 mi-2

Local Area Statistics

Population in SA9

15,065

Population in Swansea

269,408

Town centre distance

11.49 miles away

Nearest school

0.80 miles away

Nearest train station

7.09 miles away

 

 

Rental growth (12m)

-11%

Sales demand

Buyer's market

Capital growth (5yrs)

+50%

Property History

Listed for £90,000

February 19, 2025

Floor Plans

Description

  • End-of-Terrace +
  • Ideal Buy-to-Let or First Time Buy +
  • Potential for Rear Parking +
  • Mountain Views +
  • Mature Garden +
  • Modernisation Required +
  • Virtual Tour Available +

An end-of-terrace, two-bedroom house offering plenty of potential. The property features a mature garden with beautiful views overlooking the Darren Mountain, perfect for those who appreciate a scenic backdrop. There's also the possibility to add parking to the rear of the property. While the house does require modernisation throughout, it provides a great opportunity for buyers looking to put their own stamp on a home.
Located in Ystalyfera, a friendly community with local amenities and good transport links, the property is ideally situated for enjoying the nearby countryside. Perfect for first-time buyers or investors looking for a project in a charming village setting.

Agent Details

Clee Tompkinson & Francis, Ystradgynlais

01639 505092

Next Steps?

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