3 Bed Terraced House, Refurb/BRRR, Neath, SA10 8NY, £85,000

Main Road, Crynant, Neath, Neath Port Talbot., SA10 8NY - 2 views - a month ago

Sold STC

Refurb/BRRR

ROI: 2%

~93 m²

+9 photos

ValuationFair Value

Sold Prices	£88.5K - £274K
Sold Prices/m²	£845/m² - £2.1K/m²

Square Metres	~93 m²
Price/m²	£914/m²
Value Estimate	£85,000£85,000

End Value (After Refurb)	£141,143£141,143
Uplift in Value	+66%+66%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£21,250£21,250
Stamp Duty & Legal Fees	£5,450£5,450
Refurb Costs	£38,000£38,000
Bridging Loan Interest	£2,231£2,231
Total Cash In	£68,681£68,681

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£141,143£141,143
Mortgage (After Refinance)	£105,858£105,858
Mortgage LTV	75%75%
Cash Released	£42,108£42,108
Cash Left In	£26,574£26,574
Equity	£35,286£35,286
Rent Range	£545 - £950£545 - £950
Rent Estimate	£733
Running Costs/mo	£608£608
Cashflow/mo	£125£125
Cashflow/yr	£1,504£1,504
ROI	2%2%
Gross Yield	10%10%

Local Sold Prices

25 sold prices from £88.5K to £274K, average is £130K. £845/m² to £2.1K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£88.5K	12/20	0 mi	128, Main Road, Crynant, Neath, Neath Port Talbot SA10 8NY	£894	99	3	Semi-Detached House
£95.5K	08/21	0 mi	43, Main Road, Crynant, Neath, Neath Port Talbot SA10 8NY	£845	113	3	Semi-Detached House
£120K	03/21	0.07 mi	41, Heol Y Berllan, Crynant, Neath, Neath Port Talbot SA10 8PD	£1,121	107	3	Semi-Detached House
£121K	10/21	0.07 mi	19, Heol Y Berllan, Crynant, Neath, Neath Port Talbot SA10 8PD	£976	124	3	Terraced House
£130K	12/20	0.1 mi	6, Heol Las Fawr, Crynant, Neath, Neath Port Talbot SA10 8PB	£1,548	84	3	Semi-Detached House
£160K	03/21	0.14 mi	17, School Road, Crynant, Neath, Neath Port Talbot SA10 8NS	£2,105	76	3	Detached House
£130K	09/21	0.14 mi	95, Main Road, Crynant, Neath, Neath Port Talbot SA10 8PF	£1,273	102	3	Terraced House
£105K	06/21	0.3 mi	47, Woodland Road, Crynant, Neath, Neath Port Talbot SA10 8RH	-	-	3	Semi-Detached House
£101K	12/20	0.31 mi	34, Woodland Road, Crynant, Neath, Neath Port Talbot SA10 8RW	£1,098	92	3	Semi-Detached House
£115K	12/20	0.32 mi	17, Woodland Road, Crynant, Neath, Neath Port Talbot SA10 8RG	£1,307	88	3	Semi-Detached House
£145K	11/20	0.32 mi	19, Woodland Road, Crynant, Neath, Neath Port Talbot SA10 8RG	£1,792	81	3	Detached House
£142.5K	07/23	0.34 mi	11, Station Road, Crynant, Neath, Neath Port Talbot SA10 8NW	-	-	3	Terraced House
£230K	11/20	0.39 mi	22, Maes Mawr Road, Crynant, Neath, Neath Port Talbot SA10 8SY	£1,870	123	3	Detached House
£145K	03/23	0.44 mi	47, Treforgan Road, Crynant, Neath, Neath Port Talbot SA10 8PW	£1,768	82	3	Semi-Detached House
£130K	02/21	0.44 mi	47, Treforgan Road, Crynant, Neath, Neath Port Talbot SA10 8PW	£1,585	82	3	Semi-Detached House
£107K	12/20	0.46 mi	20, Pen Y Bont Terrace, Crynant, Neath, Neath Port Talbot SA10 8PS	£1,126	95	3	Semi-Detached House
£163K	12/22	0.46 mi	5, Pen Y Bont Terrace, Crynant, Neath, Neath Port Talbot SA10 8PS	-	-	3	Semi-Detached House
£156K	04/21	0.46 mi	22, The Crescent, Crynant, Neath, Neath Port Talbot SA10 8RT	-	-	3	Semi-Detached House
£146K	02/21	0.61 mi	43, Neath Road, Crynant, Neath, Neath Port Talbot SA10 8SE	£1,518	96	3	Semi-Detached House
£274K	12/20	1.12 mi	1, Rhos Cottages, Crynant, Neath, Neath Port Talbot SA10 8PR	-	-	3	Detached House
£160K	03/23	1.59 mi	125, Dulais Road, Seven Sisters, Neath, Neath Port Talbot SA10 9EY	-	-	3	Detached House
£112K	08/21	1.8 mi	12, Brynteg, Seven Sisters, Neath, Neath Port Talbot SA10 9ET	£1,191	94	3	Terraced House
£170K	07/21	1.91 mi	96, Dulais Road, Seven Sisters, Neath, Neath Port Talbot SA10 9ES	£1,717	99	3	Semi-Detached House
£110K	12/20	1.91 mi	82, Dulais Road, Seven Sisters, Neath, Neath Port Talbot SA10 9ES	£1,294	85	3	Semi-Detached House
£175K	01/23	1.98 mi	74, Dulais Road, Seven Sisters, Neath, Neath Port Talbot SA10 9ES	£1,577	111	3	Semi-Detached House

Local Rents

10 rents from £545/mo to £950/mo, average is £695/mo.

Rent	Date	Distance	Address	Beds	Type
£545	05/24	0.33 mi	-	2	Flat
£595	09/24	0.33 mi	-	2	Flat
£595	11/23	0.42 mi	-	2	Flat
£650	05/24	0.42 mi	-	2	Flat
£695	10/24	2.35 mi	-	2	Terraced House
£950	08/24	2.35 mi	Ffordd Y Glowyr, Godrergraig, Swansea, City And County of Swansea.	3	Semi-Detached House
£875	08/24	2.35 mi	Ffordd Y Glowyr , Godrergraig, Pontardawe, Neath and Port Talbot.	3	Semi-Detached House
£695	08/24	2.36 mi	-	2	Terraced House
£875	11/24	2.37 mi	-	3	Terraced House
£795	09/24	2.37 mi	-	3	Terraced House

Local Area Statistics

Population in SA10	30,06730,067
Population in Neath	66,68966,689
Town centre distance	4.42 miles away4.42 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	5.59 miles away5.59 miles away

Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £85,000

March 25, 2025

Floor Plans

Description

MID TERRACED PROPERTY +
THREE BEDROOMS +
THREE RECEPTION ROOMS +
BATHROOM ON GROUND FLOOR & wc ON FIRST FLOOR +
REAR OFF ROAD PARKING +
INVESTMENT OPPORTUNITY +
FULL RENOVATION REQUIRED +
NO ONWARDS CHAIN +

Attention all DIY enthusiasts and project seekers! This mid-terraced property located in Crynant, Neath is in need of a full renovation and is the perfect opportunity for those looking to put their stamp on a home. The layout includes an entrance porch, hallway, cosy sitting room, spacious lounge, separate dining room, kitchen, bathroom on the ground floor, with three bedrooms and a shower room on the first floor.

Externally, the property boasts enclosed rear garden with off-road parking accessed via a flying freehold. The low maintenance garden offers ample space for outdoor enjoyment.

Located close to the A465 and M4 corridor, this property offers great connectivity for commuters. Residents can also enjoy easy access to nearby points of interest, including local shops, schools, and parks.

Don't miss the opportunity to view this property and transform it into your dream home. Contact us to book a viewing today.

Agent Details

Clee Tompkinson & Francis, Neath

01639 501239

Next Steps?

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

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