2 Bed Semi-Detached House, Single Let, Neath, SA11 1JW, £135,000

Moorland Road, Cimla, Neath . SA11 1JW - 18 days ago

BTL
ROI: 2%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£60K - £183K
Sold Prices/m²£771/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£87,631

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£625 - £795

Rent Estimate

£656

Running Costs/mo

£573

Cashflow/mo

£83

Cashflow/yr

£995

ROI

2%

Gross Yield

6%

Local Sold Prices

52 sold prices from £60K to £183K, average is £93.8K. £771/m² to £3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£115K06/210 mi54, Moorland Road, Neath, Neath Port Talbot SA11 1JW2
£105.5K02/210.1 mi82, Moorland Road, Neath, Neath Port Talbot SA11 1JN2
£80K05/240.2 mi8, Highbury Court, Neath, Neath Port Talbot SA11 1TX2
£92.5K06/210.29 mi44, Valley View, Neath, Neath Port Talbot SA11 3SE2
£114K05/230.31 mi59, Beacons View, Neath, Neath Port Talbot SA11 3SB2
£90K11/200.31 mi1, Burnside, Neath, Neath Port Talbot SA11 1UL2
£105K02/210.32 mi8, Bowden Road, Neath, Neath Port Talbot SA11 1UH2
£100K11/210.35 mi53, Wallace Road, Neath, Neath Port Talbot SA11 1YH2
£118K09/230.36 mi49, Nightingale Park, Neath, Neath Port Talbot SA11 3RX2
£118K09/230.36 mi49, Nightingale Park, Neath, Neath Port Talbot SA11 3RX2
£85K06/230.38 mi46, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£120K02/240.38 mi42, Dalton Road, Neath, Neath Port Talbot SA11 1UF2
£172K06/210.4 mi33, Castle Drive, Neath, Neath Port Talbot SA11 3UY2
£168K08/210.4 mi28, Castle Drive, Neath, Neath Port Talbot SA11 3UY2
£80K03/210.4 mi16, Wallace Road, Neath, Neath Port Talbot SA11 1YL2
£87K04/210.41 mi32, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£100K12/230.41 mi58, Lewis Road, Neath, Neath Port Talbot SA11 1DX2
£97K11/230.43 mi1, Maes Y Ffynon Close, Neath, Neath Port Talbot SA11 1HQ2
£183K06/240.44 mi8, Bilton Road, Neath, Neath Port Talbot SA11 1YU2
£95K06/210.46 mi59, Bwlch Crescent, Neath, Neath Port Talbot SA11 3RY2
£75.5K06/210.5 mi7, Springfield Terrace, Neath, Neath Port Talbot SA11 1AB2
£148K02/230.5 mi8, Forest View, Neath, Neath Port Talbot SA11 3RS2
£130K10/220.51 mi50, Castle Drive, Neath, Neath Port Talbot SA11 3UY2
£103K11/200.54 mi7, Pandy View, Neath, Neath Port Talbot SA11 3RT2
£80K01/210.55 mi34, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£84.6K11/210.55 mi32, Crythan Road, Neath, Neath Port Talbot SA11 1SR2
£90K07/230.57 mi5, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£82.5K02/240.57 mi11, Eva Street, Neath, Neath Port Talbot SA11 1PD2
£79.3K01/210.57 mi5, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£85K10/230.57 mi28, Greenway Road, Neath, Neath Port Talbot SA11 1HG2
£60K11/230.58 mi41, Briton Ferry Road, Neath, Neath Port Talbot SA11 1AR2
£82.5K07/230.58 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£82.5K07/230.58 mi14, Florence Street, Neath, Neath Port Talbot SA11 1PA2
£98K09/230.58 mi3, Taylors Row, Neath, Neath Port Talbot SA11 1SY2
£61K01/210.59 mi30, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£95K05/230.59 mi17, Southgate Street, Neath, Neath Port Talbot SA11 1AG2
£168K09/210.59 mi19, Afan Valley Close, Neath, Neath Port Talbot SA11 3AJ2
£90K05/230.59 mi21, Whittington Street, Neath, Neath Port Talbot SA11 1AN2
£85K12/200.6 mi12, Whittington Street, Neath, Neath Port Talbot SA11 1AW2
£69K11/200.61 mi62, Windsor Road, Neath, Neath Port Talbot SA11 1NH2
£74K07/230.61 mi50, King Street, Neath, Neath Port Talbot SA11 1PF2
£65K12/210.61 mi4, Exchange Road, Neath, Neath Port Talbot SA11 1TD2
£98K05/240.62 mi8, Rectory Road, Neath, Neath Port Talbot SA11 1ET2
£98K03/230.63 mi9, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£117K09/230.63 mi15, Dudley Street, Neath, Neath Port Talbot SA11 1EY2
£116K11/200.64 mi4, Falcon Drive, Neath, Neath Port Talbot SA11 3SG2
£98K08/210.64 mi9, Marshfield Road, Neath, Neath Port Talbot SA11 1BD2
£107K05/240.65 mi23, New Henry Street, Neath, Neath Port Talbot SA11 1PH2
£66K12/200.67 mi9, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£77K06/210.67 mi19, Osborne Street, Neath, Neath Port Talbot SA11 1NN2
£72.5K11/200.69 mi26, King Street, Neath, Neath Port Talbot SA11 1PW2
£81.5K03/210.69 mi39, King Street, Neath, Neath Port Talbot SA11 1PW2

Local Rents

11 rents from £625/mo to £795/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£72510/240.5 mi-2
£69508/240.53 miLondon Road, Neath, 2
£62512/240.53 mi-2
£79512/240.55 mi-2
£79512/240.55 mi-2
£74503/250.56 mi-2
£75010/240.56 mi-2
£70012/240.57 mi-2
£70009/240.57 mi-2
£69512/240.6 mi-2
£65008/240.61 mi-2

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.23 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £135,000

March 21, 2025

Description

  • SEMI DETACHED PROPERTY +
  • POPULAR RESIDENTIAL LOCATION +
  • WELL PRESENTED THROUGHOUT +
  • TWO DOUBLE BEDROOMS +
  • SPACIOUS THROUGH LOUNGE +
  • MODERN FITTED KITCHEN DINER +
  • MODERN FIRST FLOOR BATHROOM +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZING +
  • GOOD SIZE REAR GARDEN +

IDEAL FOR THE FIRST TIME BUYER....is this well maintained and deceptively spacious two double bedroom semi detached property situated in the popular Cimla area of Neath. The accommodation further comprises of entrance hallway, spacious through lounge, good size modern fitted kitchen/diner and a modern bathroom suite to the first floor. The property further benefits from having, gas central heating, double glazing and a reasonable size rear garden. Internal viewing is highly 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 💪