3 Bed Semi-Detached House, Refurb/BRRR, Neath, SA10 6SS, £80,000

24 Woodland Road, Skewen, SA10 6SS - 4 views - 2 months ago

Refurb/BRRR
ROI: 4%
102 m²
+5 photos

ValuationFair Value

Sold Prices£71K - £290K
Sold Prices/m²£910/m² - £2.8K/m²

 

 

Square Metres

102 m²
Price/m²£784/m²

Value Estimate

£81,600

 

 

End Value (After Refurb)

£153,160

Uplift in Value

+91%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Refurb Costs

£41,677

Bridging Loan Interest

£2,100

Total Cash In

£70,727

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£153,160

Agent Fees (1%)

£1,532

Bridging Loan

£60,000

Bridging Loan Interest

£2,100

Flip Profit

£20,901

Local Sold Prices

50 sold prices from £71K to £290K, average is £135K. £910/m² to £2.8K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£127K11/200 mi6, Woodland Road, Skewen, Neath, Neath Port Talbot SA10 6SS3
£105K07/210.06 mi133, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TE3
£135K09/210.1 mi20, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TF3
£100K10/210.1 mi38, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TF3
£71K05/210.1 mi33, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TF3
£135K05/230.1 mi34, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TF3
£122.5K10/210.12 mi2, Graham Terrace, Neath, Neath Port Talbot SA10 6RL3
£125K11/210.13 mi12, Ormes Road, Neath, Neath Port Talbot SA10 6SY3
£92K11/200.15 mi9, Grove Lane, Skewen, Neath, Neath Port Talbot SA10 6HB3
£135K06/230.15 mi31, Oak Hill Park, Skewen, Neath, Neath Port Talbot SA10 6TQ3
£110K07/210.16 mi4, Foundry Row, Lonlas, Neath, Neath Port Talbot SA10 6RH3
£179K05/230.18 mi35, Christopher Road, Neath, Neath Port Talbot SA10 6LE3
£112K05/210.18 mi2, Stanley Road, Skewen, Neath, Neath Port Talbot SA10 6LN3
£110K11/200.19 mi13, Christopher Road, Neath, Neath Port Talbot SA10 6LD3
£172K04/210.2 mi9, Picton Road, Skewen, Neath, Neath Port Talbot SA10 6UN3
£156K06/230.2 mi16, Coombes Road, Neath, Neath Port Talbot SA10 6LB3
£117K10/210.22 mi9, Stanley Road, Skewen, Neath, Neath Port Talbot SA10 6LW3
£115K11/210.23 mi128, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TH3
£118K05/210.23 mi23, Winifred Road, Neath, Neath Port Talbot SA10 6LA3
£185K06/210.27 mi10, Charles Street, Skewen, Neath, Neath Port Talbot SA10 6HT3
£158K05/230.28 mi68, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TW3
£185K04/230.28 mi66, Dynevor Road, Skewen, Neath, Neath Port Talbot SA10 6TW3
£162.5K12/220.28 mi48, Drymau Park, Skewen, Neath, Neath Port Talbot SA10 6PL3
£116K04/230.31 mi17, Cae Nant Terrace, Neath, Neath Port Talbot SA10 6UP3
£137K03/230.31 mi14, Cae Nant Terrace, Neath, Neath Port Talbot SA10 6UP3
£165K05/210.31 mi80, Old Road, Skewen, Neath, Neath Port Talbot SA10 6LR3
£240K12/220.31 mi55, Wern Road, Skewen, Neath, Neath Port Talbot SA10 6DL3
£230K01/230.31 mi74, Wern Road, Skewen, Neath, Neath Port Talbot SA10 6DL3
£140K08/210.31 mi44, Wern Road, Skewen, Neath, Neath Port Talbot SA10 6DL3
£81K12/220.33 mi27, Siding Terrace, Neath, Neath Port Talbot SA10 6RE3
£153K03/210.35 mi36, Lucy Road, Neath, Neath Port Talbot SA10 6RR3
£165K05/230.35 mi44, Lucy Road, Neath, Neath Port Talbot SA10 6RR3
£113K01/210.35 mi70, Lucy Road, Neath, Neath Port Talbot SA10 6RR3
£120K12/220.36 mi45, Old Road, Skewen, Neath, Neath Port Talbot SA10 6NA3
£218K02/230.36 mi105, Crymlyn Road, Neath, Neath Port Talbot SA10 6DT3
£177.5K01/210.37 mi248, New Road, Skewen, Neath, Neath Port Talbot SA10 6UU3
£167.9K10/200.37 mi243, New Road, Skewen, Neath, Neath Port Talbot SA10 6UU3
£176.5K03/230.37 mi243, New Road, Skewen, Neath, Neath Port Talbot SA10 6UU3
£131K02/230.41 mi23, Jubilee Crescent, Neath, Neath Port Talbot SA10 6TP3
£155K03/230.41 mi2, Jubilee Crescent, Neath, Neath Port Talbot SA10 6TP3
£160K06/210.42 mi17, Bethlehem Road, Neath, Neath Port Talbot SA10 6AW3
£114.3K04/230.42 mi7, Bethlehem Road, Neath, Neath Port Talbot SA10 6AW3
£90K07/210.42 mi62, Bethlehem Road, Neath, Neath Port Talbot SA10 6AW3
£100K05/230.42 mi51, Bethlehem Road, Neath, Neath Port Talbot SA10 6AW3
£127.5K07/210.43 mi38, Pen Yr Alley Avenue, Skewen, Neath, Neath Port Talbot SA10 6DS3
£150K07/210.45 mi13, Bosworth Road, Neath, Neath Port Talbot SA10 6BU3
£290K12/220.47 mi56, Siding Terrace, Neath, Neath Port Talbot SA10 6RD3
£200K03/230.51 mi6, Pale Road, Neath, Neath Port Talbot SA10 6BW3
£91K05/210.52 mi134, Old Road, Skewen, Neath, Neath Port Talbot SA10 6AT3
£180K11/200.55 mi152, The Highlands, Neath Abbey, Neath, Neath Port Talbot SA10 6PE3

Local Rents

12 rents from £795/mo to £1.3K/mo, average is £938/mo.

RentDateDistanceAddressBeds 
£99512/230.09 mi-3
£99502/250.1 mi-3
£82508/240.13 miBrookville Drive, Neath, 3
£80002/250.15 mi-3
£99503/240.18 mi-3
£79509/230.31 mi-3
£90008/240.37 miNew Road, Skewen, NEATH3
£1,30010/240.84 mi-3
£1,06502/251 mi-3
£80012/241.13 miThe Hannants, Neath Abbey, Neath . SA10 7DE3
£87503/241.14 mi-3
£97509/241.17 mi-3

Local Area Statistics

Population in SA10

30,067

Population in Neath

66,689

Town centre distance

4.21 miles away

Nearest school

0.20 miles away

Nearest train station

0.08 miles away

 

 

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £80,000

February 21, 2025

Description

  • No Chain +
  • Ideal Renovation Opportunity +
  • Popular Location +
  • Rear Garden +
  • Ideal Investment / First Time Buy +

SUMMARY
NOTICE OF OFFER - We advise that an offer has been made for the above property in the sum of £95,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.

DESCRIPTION
NOTICE OF OFFER - We advise that an offer has been made for the property 24 woodland Road SA10 6SS in the sum of £95,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.
Ideal investment or first time purchase, situated in a popular location. Situated in Skewen, conveniently located to schools, shops, public transport links, restaurants and more!
Internally the property comprises of an entrance hall, a lounge, dining room, kitchen and bathroom to the ground floor. The first floor features three bedrooms and a w.c.
Externally, the property benefits from both a front fore-court area and an enclosed rear garden which offers a huge amount of potential to the right buyer.
Internal viewings come highly recommended.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Entrance Hall 

Lounge 11' 8" x 10' 4" ( 3.56m x 3.15m )

Dining Room 12' 1" x 9' 4" ( 3.68m x 2.84m )

Kitchen 16' x 13' 3" min ( 4.88m x 4.04m min )

Bathroom 

Landing 

Bedroom One 10' 2" x 15' 9" ( 3.10m x 4.80m )

Bedroom Two 12' 4" x 9' 5" ( 3.76m x 2.87m )

Bedroom Three 9' 3" x 8' 9" max ( 2.82m x 2.67m max )

W.C 

Front & Rear Garden Area 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Neath

01639 505098

Next Steps?

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