3 Bed Terraced House, Refurb/BRRR, Neath, SA11 4HT, £100,000





ValuationUndervalued
Sold Prices | £50K - £256K |
Sold Prices/m² | £694/m² - £3.4K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.1K/m² |
Value Estimate | £112,675£112,675 |
BMV | 2% |
| |
End Value (After Refurb) | £118,485£118,485 |
Uplift in Value | +8%+8% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £25,000£25,000 |
Stamp Duty & Legal Fees | £4,500£4,500 |
Refurb Costs | £37,702£37,702 |
Bridging Loan Interest | £2,625£2,625 |
Total Cash In | £71,577£71,577 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £118,485£118,485 |
Mortgage (After Refinance) | £88,864£88,864 |
Mortgage LTV | 75%75% |
Cash Released | £13,864£13,864 |
Cash Left In | £57,713£57,713 |
Equity | £29,621£29,621 |
Rent Range | £595 - £875£595 - £875 |
Rent Estimate | £716 |
Running Costs/mo | £533£533 |
Cashflow/mo | £183£183 |
Cashflow/yr | £2,190£2,190 |
ROI | 3%3% |
Gross Yield | 9%9% |
Local Sold Prices
46 sold prices from £50K to £256K, average is £118.5K. £694/m² to £3.4K/m², average is £1.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£76K | 11/21 | 0 mi | 8, Cross Street, Resolven, Neath, Neath Port Talbot SA11 4HT | £786 | 97 | 3 | Semi-Detached House | |
£93.5K | 01/21 | 0 mi | 7, Cross Street, Resolven, Neath, Neath Port Talbot SA11 4HT | £1,299 | 72 | 3 | Terraced House | |
£68K | 11/20 | 0.02 mi | 76, John Street, Resolven, Neath, Neath Port Talbot SA11 4LB | £747 | 91 | 3 | Terraced House | |
£83K | 11/20 | 0.02 mi | 5, John Street, Resolven, Neath, Neath Port Talbot SA11 4LA | £1,078 | 77 | 3 | Terraced House | |
£110K | 08/23 | 0.02 mi | 43, John Street, Resolven, Neath, Neath Port Talbot SA11 4LA | £1,222 | 90 | 3 | Terraced House | |
£50K | 02/21 | 0.03 mi | 22, John Street, Resolven, Neath, Neath Port Talbot SA11 4LB | £694 | 72 | 3 | Terraced House | |
£100K | 03/21 | 0.05 mi | 35, Company Street, Resolven, Neath, Neath Port Talbot SA11 4HU | £1,042 | 96 | 3 | Terraced House | |
£110K | 03/23 | 0.05 mi | 23, Company Street, Resolven, Neath, Neath Port Talbot SA11 4HU | £1,375 | 80 | 3 | Terraced House | |
£85K | 02/23 | 0.06 mi | 22, Company Street, Resolven, Neath, Neath Port Talbot SA11 4HU | £842 | 101 | 3 | Terraced House | |
£60K | 12/20 | 0.07 mi | 31, Yeo Street, Resolven, Neath, Neath Port Talbot SA11 4HS | £717 | 84 | 3 | Terraced House | |
£83K | 08/24 | 0.07 mi | 27, Yeo Street, Resolven, Neath, Neath Port Talbot SA11 4HS | - | - | 3 | Terraced House | |
£133K | 03/23 | 0.1 mi | 31, Rugby Road, Resolven, Neath, Neath Port Talbot SA11 4HH | £1,343 | 99 | 3 | Terraced House | |
£130K | 11/20 | 0.1 mi | 19, Rugby Road, Resolven, Neath, Neath Port Talbot SA11 4HH | £1,111 | 117 | 3 | Terraced House | |
£120K | 03/23 | 0.1 mi | 24, Rugby Road, Resolven, Neath, Neath Port Talbot SA11 4HH | - | - | 3 | Terraced House | |
£90K | 11/20 | 0.1 mi | 95, John Street, Resolven, Neath, Neath Port Talbot SA11 4LD | £1,216 | 74 | 3 | Terraced House | |
£88.7K | 09/21 | 0.12 mi | 2, Cory Street, Resolven, Neath, Neath Port Talbot SA11 4HR | - | - | 3 | Terraced House | |
£108K | 01/24 | 0.12 mi | 8, Cory Street, Resolven, Neath, Neath Port Talbot SA11 4HR | £1,350 | 80 | 3 | Semi-Detached House | |
£160.3K | 05/21 | 0.14 mi | 25, Rheola Avenue, Resolven, Neath, Neath Port Talbot SA11 4HL | - | - | 3 | Semi-Detached House | |
£150.5K | 06/21 | 0.14 mi | 5, Rheola Avenue, Resolven, Neath, Neath Port Talbot SA11 4HL | - | - | 3 | Semi-Detached House | |
£160K | 10/23 | 0.14 mi | 8, Rheola Avenue, Resolven, Neath, Neath Port Talbot SA11 4HL | £1,600 | 100 | 3 | Semi-Detached House | |
£120K | 03/21 | 0.17 mi | 13, Clydach Avenue, Resolven, Neath, Neath Port Talbot SA11 4LU | - | - | 3 | Semi-Detached House | |
£86K | 10/21 | 0.19 mi | 13, Thomas Terrace, Resolven, Neath, Neath Port Talbot SA11 4AE | - | - | 3 | Terraced House | |
£110K | 02/21 | 0.19 mi | 10, Thomas Terrace, Resolven, Neath, Neath Port Talbot SA11 4AE | £1,068 | 103 | 3 | Terraced House | |
£105K | 12/23 | 0.19 mi | 8, Thomas Terrace, Resolven, Neath, Neath Port Talbot SA11 4AE | £1,207 | 87 | 3 | Terraced House | |
£100K | 02/21 | 0.19 mi | 10, Williams Avenue, Resolven, Neath, Neath Port Talbot SA11 4AD | £1,064 | 94 | 3 | Semi-Detached House | |
£175K | 08/21 | 0.19 mi | 12, Heol Herbert, Resolven, Neath, Neath Port Talbot SA11 4AG | - | - | 3 | Detached House | |
£161.5K | 03/23 | 0.21 mi | 27, Neath Road, Resolven, Neath, Neath Port Talbot SA11 4AA | - | - | 3 | Terraced House | |
£225K | 10/23 | 0.23 mi | 4, Ardwyn Terrace, Resolven, Neath, Neath Port Talbot SA11 4LY | - | - | 3 | Terraced House | |
£135K | 11/23 | 0.23 mi | 46, Neath Road, Resolven, Neath, Neath Port Talbot SA11 4AH | £1,337 | 101 | 3 | Terraced House | |
£155K | 11/23 | 0.23 mi | 51, Neath Road, Resolven, Neath, Neath Port Talbot SA11 4AH | £1,567 | 99 | 3 | Terraced House | |
£236K | 04/24 | 0.24 mi | 1, Glynneath Road, Resolven, Neath, Neath Port Talbot SA11 4DP | £2,433 | 97 | 3 | Semi-Detached House | |
£110K | 02/23 | 0.26 mi | 32, Lyons Place, Resolven, Neath, Neath Port Talbot SA11 4ND | - | - | 3 | Terraced House | |
£143.5K | 04/21 | 0.26 mi | 8, Nant Y Gleisaid, Resolven, Neath, Neath Port Talbot SA11 4AL | - | - | 3 | Semi-Detached House | |
£100K | 05/21 | 0.27 mi | 4, Ynys Fawr Avenue, Resolven, Neath, Neath Port Talbot SA11 4LT | £1,136 | 88 | 3 | Semi-Detached House | |
£256K | 12/22 | 0.28 mi | 8, Perth Y Dion, Resolven, Neath, Neath Port Talbot SA11 4NJ | £2,618 | 98 | 3 | Detached House | |
£117K | 01/23 | 0.28 mi | 39, Ynys Fawr Avenue, Resolven, Neath, Neath Port Talbot SA11 4LS | - | - | 3 | Semi-Detached House | |
£120K | 03/21 | 0.31 mi | 4, Davies Terrace, Resolven, Neath, Neath Port Talbot SA11 4NE | £1,274 | 94 | 3 | Terraced House | |
£245K | 11/23 | 0.34 mi | 12, Woodlands Terrace, Resolven, Neath, Neath Port Talbot SA11 4NG | £3,356 | 73 | 3 | Bungalow | |
£150K | 03/21 | 0.34 mi | 29, Maes Y Tyra, Resolven, Neath, Neath Port Talbot SA11 4NN | £1,648 | 91 | 3 | Detached House | |
£155K | 06/23 | 0.34 mi | 4, Maes Y Tyra, Resolven, Neath, Neath Port Talbot SA11 4NN | - | - | 3 | Semi-Detached House | |
£127K | 02/21 | 0.37 mi | 88, Neath Road, Resolven, Neath, Neath Port Talbot SA11 4AN | £1,295 | 98 | 3 | Semi-Detached House | |
£167.5K | 02/21 | 0.72 mi | 7, Neath Road, Abergarwed, Neath, Neath Port Talbot SA11 4DN | - | - | 3 | Semi-Detached House | |
£105K | 10/23 | 0.72 mi | 21, Bryn Terrace, Melincourt, Neath, Neath Port Talbot SA11 4AS | £1,105 | 95 | 3 | Terraced House | |
£130K | 06/21 | 0.72 mi | 25, Bryn Terrace, Melincourt, Neath, Neath Port Talbot SA11 4AS | £1,512 | 86 | 3 | Terraced House | |
£150K | 02/23 | 0.99 mi | 1, Gored Terrace, Melincourt, Neath, Neath Port Talbot SA11 4BE | £1,816 | 83 | 3 | Terraced House | |
£97K | 04/21 | 0.99 mi | 11, Gored Terrace, Melincourt, Neath, Neath Port Talbot SA11 4BE | £1,448 | 67 | 3 | Terraced House |
Local Rents
12 rents from £595/mo to £875/mo, average is £745/mo.
Rent | Date | Distance | Address | Beds | Type | |
£695 | 04/24 | 0 mi | - | 3 | Terraced House | |
£745 | 12/24 | 0.05 mi | - | 2 | Terraced House | |
£750 | 11/23 | 0.05 mi | - | 2 | Terraced House | |
£745 | 02/25 | 0.05 mi | - | 2 | Terraced House | |
£750 | 11/23 | 0.11 mi | - | 2 | Terraced House | |
£595 | 07/23 | 0.13 mi | - | 1 | Semi-Detached House | |
£645 | 12/24 | 0.13 mi | - | 1 | Semi-Detached House | |
£750 | 08/24 | 0.27 mi | Lyons Place , Resolven , Neath | 2 | Flat | |
£875 | 11/24 | 0.69 mi | - | 3 | Terraced House | |
£795 | 09/24 | 0.69 mi | - | 3 | Terraced House | |
£595 | 11/23 | 2.41 mi | - | 2 | Flat | |
£650 | 05/24 | 2.41 mi | - | 2 | Flat |
Local Area Statistics
Population in SA11 | 36,61636,616 |
Population in Neath | 66,68966,689 |
Town centre distance | 3.62 miles away3.62 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 5.78 miles away5.78 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +14%+14% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +35%+35% |
Property History
Price changed to £100,000
March 20, 2025
Listed for £110,000
February 24, 2025
Floor Plans

Description
- Council Tax Band A, Freehold +
- No Chain - Move-in ready +
- Ideal investment opportunity +
- Could benefit from some modernisation +
- Large lounge +
- Fitted kitchen +
- Three bedrooms +
- Family shower room +
- Rear garden with lots of potential +
- Viewing Advised +
Ready to move in with NO CHAIN - The perfect investment opportunity! With a large lounge, three bedrooms and lots of potential. Perfectly placed, surrounded by natural beauty.
Call now to book
This terraced home is located in Neath with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.
The accommodation briefly comprises a welcoming entrance way, a spacious lounge with a fireplace and dining area and a fitted kitchen with L-shaped wall and base units and a breakfast bar countertop with room for seating. As well as a three-piece shower room with a stand alone shower, a hand wash basin and a WC.
To the first floor is an inviting landing area through to three well-proportioned bedrooms.
Externally, the property benefits from a rear garden.
This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.
Premium Fast Sale
The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.
Benefits
o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team
Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.
All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.
Deposit
Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.
This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Exclusivity
Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.
Process
Our Premium Fast Sale Plus follows the below process:
STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete
Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.
If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.
Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.
Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Please call us now to book an appointment.
We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.
Please call us now to book an appointment.
Call Recording
Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer
Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
TENURE
To be confirmed by the Vendor's Solicitors
Note
The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property
Viewing is strictly by appointment please call us now for bookings.
AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.
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