3 Bed Semi-Detached House, Refurb/BRRR, Neath, SA11 3UD, £145,000

104 Cimla Road, Neath Port Talbot. SA11 3UD - 5 views - a month ago

Refurb/BRRR
ROI: 2%
100 m²
+14 photos

ValuationFair Value

Sold Prices£43K - £335K
Sold Prices/m²£551/m² - £3.2K/m²

 

 

Square Metres

100 m²
Price/m²£1.4K/m²

Value Estimate

£147,900

 

 

End Value (After Refurb)

£179,825

Uplift in Value

+24%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Refurb Costs

£40,539

Bridging Loan Interest

£3,806

Total Cash In

£90,796

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£179,825

Mortgage (After Refinance)

£134,868

Mortgage LTV

75%

Cash Released

£26,118

Cash Left In

£64,677

Equity

£44,956

Rent Range

£700 - £1,350

Rent Estimate

£883

Running Costs/mo

£759

Cashflow/mo

£124

Cashflow/yr

£1,493

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £43K to £335K, average is £162.3K. £551/m² to £3.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£186K06/230 mi138, Cimla Road, Neath, Neath Port Talbot SA11 3UD3
£134K03/240 mi98, Cimla Road, Neath, Neath Port Talbot SA11 3UD3
£142K12/200.03 mi3, Myrtle Road, Neath, Neath Port Talbot SA11 3UF3
£335K10/220.05 mi52, Chestnut Road, Neath, Neath Port Talbot SA11 3PB3
£269K01/210.06 mi52, Chestnut Road, Neath, Neath Port Talbot SA11 3PB3
£116K03/210.08 mi7, Moorland Road, Neath, Neath Port Talbot SA11 1JW3
£140K07/240.08 mi17, Moorland Road, Neath, Neath Port Talbot SA11 1JW3
£135K02/240.08 mi56, Moorland Road, Neath, Neath Port Talbot SA11 1JW3
£192K11/220.1 mi154, Cimla Road, Neath, Neath Port Talbot SA11 3UD3
£280K04/230.11 mi3, Sycamore Avenue, Neath, Neath Port Talbot SA11 3NT3
£210K02/210.11 mi21, Sycamore Avenue, Neath, Neath Port Talbot SA11 3NT3
£150K07/240.12 mi31, Bryn Nedd, Cimla, Neath, Neath Port Talbot SA11 1JJ3
£110K12/200.13 mi45, Bryn Awel, Cimla, Neath, Neath Port Talbot SA11 1JQ3
£175K11/200.16 mi164, Cimla Road, Neath, Neath Port Talbot SA11 3UH3
£315K01/230.17 mi31, Poplars Avenue, Neath, Neath Port Talbot SA11 3NS3
£137K10/210.18 mi15, Kingdon Owen Road, Neath, Neath Port Talbot SA11 1JR3
£190.2K11/210.18 miTy Tan, Cae Rhys Ddu Road, Neath, Neath Port Talbot SA11 1HZ3
£120K12/230.19 mi8, Penybryn, Cimla, Neath, Neath Port Talbot SA11 1JE3
£165K09/230.2 mi57, Cook Rees Avenue, Neath, Neath Port Talbot SA11 1JT3
£220K10/230.21 mi92, Cimla Crescent, Neath, Neath Port Talbot SA11 3NP3
£315K04/210.21 mi1a, Hawthorn Avenue, Neath, Neath Port Talbot SA11 3NW3
£180K07/210.21 mi43, Hawthorn Avenue, Neath, Neath Port Talbot SA11 3NW3
£130K07/230.22 mi21, Talbot Road, Neath, Neath Port Talbot SA11 1UT3
£125K04/210.24 mi21, Cook Rees Avenue, Neath, Neath Port Talbot SA11 1UR3
£120K12/200.24 mi60, Trevallen Avenue, Neath, Neath Port Talbot SA11 3UR3
£180K01/210.24 mi2, Trevallen Avenue, Neath, Neath Port Talbot SA11 3UR3
£280K09/220.24 mi40, Trevallen Avenue, Neath, Neath Port Talbot SA11 3UR3
£250K10/210.27 mi24, Cimla Crescent, Neath, Neath Port Talbot SA11 3NN3
£145K03/230.28 mi42, Valley View, Neath, Neath Port Talbot SA11 3SE3
£140K02/240.28 mi22, Valley View, Neath, Neath Port Talbot SA11 3SE3
£121K02/210.28 mi2, Caederwen Road, Neath, Neath Port Talbot SA11 1US3
£43K07/230.28 mi9, Caederwen Road, Neath, Neath Port Talbot SA11 1US3
£160K09/210.29 mi21, Trevallen Avenue, Neath, Neath Port Talbot SA11 3UU3
£162K04/210.31 mi53, Cimla Common, Neath, Neath Port Talbot SA11 3SU3
£215K06/210.31 mi57, Cimla Common, Neath, Neath Port Talbot SA11 3SU3
£155K03/230.32 mi41, Castle Drive, Neath, Neath Port Talbot SA11 3UY3
£210K11/230.32 mi22, Castle Drive, Neath, Neath Port Talbot SA11 3UY3
£160K06/210.33 mi112, Lewis Road, Neath, Neath Port Talbot SA11 1DQ3
£195K06/210.33 mi92, Lewis Road, Neath, Neath Port Talbot SA11 1DQ3
£225K01/230.34 mi9, Nightingale Park, Neath, Neath Port Talbot SA11 3RX3
£196K12/200.34 mi9, Nightingale Park, Neath, Neath Port Talbot SA11 3RX3
£267.5K01/210.35 mi16, Westernmoor Road, Neath, Neath Port Talbot SA11 1BQ3
£205K04/210.35 mi26, Westernmoor Road, Neath, Neath Port Talbot SA11 1BQ3
£135K08/230.36 mi28, Pine Grove, Neath, Neath Port Talbot SA11 3RB3
£146K02/210.37 mi37, Hillside, Neath, Neath Port Talbot SA11 1TR3
£120.1K10/210.37 mi36, Hillside, Neath, Neath Port Talbot SA11 1TR3
£144K03/230.39 mi35, Clos Ysbyty, Cimla, Neath, Neath Port Talbot SA11 3PH3
£162.5K05/240.4 mi52, Wellfield Avenue, Neath, Neath Port Talbot SA11 1AX3
£95K10/210.42 mi51, Wallace Road, Neath, Neath Port Talbot SA11 1YH3
£270K03/210.44 mi5, Wellfield Square, Neath, Neath Port Talbot SA11 1YY3

Local Rents

25 rents from £700/mo to £1.4K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£90001/250.09 mi-3
£92512/240.1 mi-3
£92512/240.37 miWellfield Avenue, Neath3
£80012/240.51 miGeorge Street, NEATH3
£70012/240.53 miCastle Drive, Neath3
£80012/240.62 mi-3
£75008/240.63 mi-3
£79511/240.64 mi-3
£90008/240.66 miBrookdale Street, NEATH3
£80008/240.67 miElias Street, Neath, Neath Port Talbot.3
£90008/240.72 miOsborne Street, NEATH3
£70009/240.72 mi-3
£84503/250.75 mi-3
£79512/240.77 mi-3
£79512/240.77 mi-3
£87512/240.82 miIdwal Street, Neath, SA11 3HR3
£1,10012/240.84 miPark Street, , Neath3
£97510/240.97 mi-3
£90008/240.98 miMorgans Road, Neath, 3
£90004/251.05 mi-3
£75012/241.09 mi-3
£87508/241.11 miPenrhiwtyn Drive, Briton Ferry, Neath, SA11 2JF3
£1,15009/231.12 mi-3
£1,35008/241.18 miMaes Yr Hafod, Cadoxton, Neath3
£80012/241.19 miHowell Road, NEATH3

Local Area Statistics

Population in SA11

36,616

Population in Neath

66,689

Town centre distance

2.15 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £145,000

March 25, 2025

Description

  • Semi-Detached Property +
  • Freehold +
  • Three Bedrooms +
  • Close Proximity To Neath Town Centre +
  • Available With No Ongoing Chain +
  • Modernisation Required +
  • Two Reception Rooms +
  • Would Make An Ideal Family Home +
  • EPC - C +
  • Need A Mortgage? We Can Help! +

Presented to the sales market with no ongoing chain is this three bedroom semi-detached property on Cimla Road, Cimla. With an impressive rear garden, this would make an ideal family home with some modernisation. This property is located close to a range of local amenities such as Cefn Season Comprehensive School, convenience Store and Gnoll Primary School, also having easy access to the M4 via A465 and Neath Town Centre.

Please visit our new and improved website for more information!

Agent Details

Peter Morgan, Neath

01639 505110

Next Steps?

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