3 Bed Terraced House, Single Let, Neath, SA11 2LD, £95,000

Ruskin Street, Briton Ferry, Neath . SA11 2LD - 2 views - 2 months ago

Sold STC
BTL
ROI: 14%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£49.5K - £232K
Sold Prices/m²£419/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£118,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£595 - £950

Rent Estimate

£811

Running Costs/mo

£479

Cashflow/mo

£332

Cashflow/yr

£3,983

ROI

14%

Gross Yield

10%

Local Sold Prices

51 sold prices from £49.5K to £232K, average is £115K. £419/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£90K10/210 mi76, Ruskin Street, Neath, Neath Port Talbot SA11 2LD3
£73K11/230.05 mi30, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£154K08/240.05 mi43, Shelone Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2UE3
£130K06/230.09 mi3, Brynhyfryd Road, Briton Ferry, Neath, Neath Port Talbot SA11 2HT3
£120K09/230.1 mi16, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LF3
£102K04/240.1 mi7, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LF3
£117.5K03/210.1 mi67, Ruskin Street, Neath, Neath Port Talbot SA11 2HY3
£143K07/230.13 mi133, Shelone Road, Neath, Neath Port Talbot SA11 2NE3
£143K07/230.13 mi133, Shelone Road, Neath, Neath Port Talbot SA11 2NE3
£175K03/230.14 mi5, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£92.5K09/210.14 mi11, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£125K06/210.14 mi15, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£101.5K12/230.14 mi7, Alexander Road, Briton Ferry, Neath, Neath Port Talbot SA11 2SN3
£114K04/210.15 mi99, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LG3
£64K09/230.15 mi82, Glanymor Street, Briton Ferry, Neath, Neath Port Talbot SA11 2LG3
£120.5K02/230.18 mi3, Jack Y Ddu Road, Neath, Neath Port Talbot SA11 2LT3
£160K07/230.18 mi8, Giants Grave Road, Neath, Neath Port Talbot SA11 2LS3
£160K07/230.18 mi8, Giants Grave Road, Neath, Neath Port Talbot SA11 2LS3
£115K05/240.19 mi31, Middleton Street, Neath, Neath Port Talbot SA11 2NU3
£90K11/230.19 mi82, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UG3
£105K01/240.19 mi84, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UG3
£107K02/210.21 mi3, Rockingham Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2PB3
£150K12/220.21 mi15, Olive Branch Crescent, Neath, Neath Port Talbot SA11 2UH3
£232K11/230.24 mi110, Shelone Road, Neath, Neath Port Talbot SA11 2NG3
£100K04/210.24 mi11, Hoo Street, Neath, Neath Port Talbot SA11 2PA3
£118K05/240.24 mi22, Hoo Street, Neath, Neath Port Talbot SA11 2PA3
£110K03/230.25 mi46, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£90K07/230.25 mi8, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£115K04/240.25 mi48, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UL3
£185K06/210.25 mi301, Old Road, Briton Ferry, Neath, Neath Port Talbot SA11 2HA3
£87K05/230.26 mi23, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TE3
£112K06/210.26 mi43, Llansawel Crescent, Neath, Neath Port Talbot SA11 2UN3
£149K04/230.27 mi16, Mansel Street, Neath, Neath Port Talbot SA11 2PD3
£123K05/230.27 mi15, Mansel Street, Neath, Neath Port Talbot SA11 2PD3
£117.5K12/230.27 mi10, Ynysymaerdy Road, Briton Ferry, Neath, Neath Port Talbot SA11 2TF3
£149.9K10/230.28 mi15, Cwrt Sart, Neath, Neath Port Talbot SA11 2ST3
£87K03/210.29 mi8, Morgans Terrace, Neath, Neath Port Talbot SA11 2SY3
£110K10/210.29 mi7, Morgans Terrace, Neath, West Glamorgan SA11 2SY3
£108.5K05/210.29 mi332, Old Road, Neath, Neath Port Talbot SA11 2EY3
£106K07/240.3 mi181, Neath Road, Briton Ferry, Neath, Neath Port Talbot SA11 2BJ3
£133K04/240.31 mi18, Herne Street, Neath, Neath Port Talbot SA11 2PY3
£105K05/210.31 mi13, Vernon Street, Neath, Neath Port Talbot SA11 2PE3
£168K07/240.32 mi6, Ormond Street, Neath, Neath Port Talbot SA11 2TH3
£78K11/200.32 mi90, Shelone Road, Neath, Neath Port Talbot SA11 2PU3
£118K12/220.33 mi71, Shelone Road, Neath, Neath Port Talbot SA11 2PT3
£85K03/210.33 mi71, Shelone Road, Neath, Neath Port Talbot SA11 2PT3
£49.5K05/210.36 mi161, Neath Road, Briton Ferry, Neath, Neath Port Talbot SA11 2BX3
£127.5K06/240.36 mi66, Rockingham Terrace, Briton Ferry, Neath, Neath Port Talbot SA11 2PH3
£95K07/240.38 mi123, Pant Yr Heol, Neath, Neath Port Talbot SA11 2HB3
£155K11/230.39 mi79, Hunter Street, Briton Ferry, Neath, Neath Port Talbot SA11 2RS3
£105K06/230.41 mi34, Shelone Road, Neath, Neath Port Talbot SA11 2PS3

Local Rents

12 rents from £595/mo to £950/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£87501/250.02 mi-3
£90012/240.15 miGlanymor Street, Briton Ferry, NEATH3
£84501/250.2 mi-3
£95012/240.23 miBryn Teg, NEATH3
£59508/240.29 miMorgans Terrace, Briton Ferry, Neath3
£85012/240.34 miFarm Road, NEATH3
£84510/240.35 mi-3
£87512/240.38 miPant Yr Heol, NEATH3
£79503/250.44 mi-3
£87508/240.5 miPenrhiwtyn Drive, Briton Ferry, Neath, SA11 2JF3
£90004/250.53 mi-3
£80012/240.56 miHowell Road, NEATH3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

3.72 miles away

Nearest school

0.30 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £95,000

February 24, 2025

Description

  • MID TERRACED PROPERTY +
  • REQUIRES SOME UPDATING +
  • THREE BEDROOMS +
  • SPACIOUS 23' LOUNGE DINER +
  • FITTED KITCHEN +
  • DOWNSTAIRS SHOWER +
  • FIRST FLOOR BATHROOM +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZING +
  • GOOD SIZE REAR GARDEN +

IDEAL FOR THE FIRST TIME BUYERS OR A BUY TO LET INVESTMENT PROPERTY...is this three bedroom mid terraced property in reasonable condition. The accommodation further comprises of entrance hallway, spacious lounge/diner, part fitted kitchen, ground floor shower room and bathroom suite to the first floor. The property further benefits from having gas central heating, double glazing and a good size rear garden. To be sold with NO ONGOING CHAIN and viewing is recommended.

Agent Details

Welvan Property Services Ltd, Neath

01639 505056

Next Steps?

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