3 Bed Terraced House, Single Let, Port Talbot, SA12 6ES, £70,000

Gladys Street, Aberavon, PORT TALBOT, SA12 6ES - 1 views - 18 days ago

Auction
BTL
ROI: 23%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£55K - £192.5K
Sold Prices/m²£733/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£85,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£800 - £1,750

Rent Estimate

£826

Running Costs/mo

£404

Cashflow/mo

£422

Cashflow/yr

£5,065

ROI

23%

Gross Yield

14%

Local Sold Prices

50 sold prices from £55K to £192.5K, average is £99.5K. £733/m² to £2.1K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£60K10/210.02 mi38, Blodwen Street, Port Talbot, Neath Port Talbot SA12 6ER3
£55K09/230.02 mi4, Blodwen Street, Port Talbot, Neath Port Talbot SA12 6ER3
£87.5K10/230.02 mi38, Blodwen Street, Port Talbot, Neath Port Talbot SA12 6ER3
£115K04/240.06 mi11, Vivian Terrace, Port Talbot, Neath Port Talbot SA12 6ET3
£80K04/210.06 mi2, Vivian Terrace, Port Talbot, Neath Port Talbot SA12 6ET3
£82.5K01/210.06 mi18, Vivian Terrace, Port Talbot, Neath Port Talbot SA12 6ET3
£97K03/230.09 mi25, Alexandra Street, Port Talbot, Neath Port Talbot SA12 6EE3
£74K01/240.09 mi10, Gwendoline Street, Port Talbot, Neath Port Talbot SA12 6ED3
£119K09/230.09 mi29, Gwendoline Street, Port Talbot, Neath Port Talbot SA12 6ED3
£85K12/230.09 mi11, Gwendoline Street, Port Talbot, Neath Port Talbot SA12 6ED3
£69K11/200.09 mi36, Arthur Street, Port Talbot, Neath Port Talbot SA12 6EH3
£88.5K05/210.09 mi36, Arthur Street, Port Talbot, Neath Port Talbot SA12 6EH3
£90K12/220.09 mi22, Gwendoline Street, Port Talbot, Neath Port Talbot SA12 6ED3
£110K12/220.09 mi40, Gwendoline Street, Port Talbot, Neath Port Talbot SA12 6ED3
£75K01/210.09 mi3, Olive Street, Port Talbot, Neath Port Talbot SA12 6EN3
£112K02/240.09 mi16, Olive Street, Port Talbot, Neath Port Talbot SA12 6EN3
£110K08/230.09 mi28, Olive Street, Port Talbot, Neath Port Talbot SA12 6EN3
£90K02/230.1 mi31, John Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6EB3
£89K01/240.1 mi41, John Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6EB3
£110K09/230.1 mi20, John Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6EB3
£125K03/230.11 mi6, John Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6EB3
£75K12/220.11 mi25, John Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6EB3
£90K10/210.11 mi4, Rees Street, Port Talbot, Neath Port Talbot SA12 6HB3
£90K08/210.11 mi18, Rees Street, Port Talbot, Neath Port Talbot SA12 6HB3
£115K07/230.11 mi18, Rees Street, Port Talbot, Neath Port Talbot SA12 6HB3
£137.5K05/230.11 mi36, Rees Street, Port Talbot, Neath Port Talbot SA12 6HB3
£85K12/220.11 mi19, Rees Street, Port Talbot, Neath Port Talbot SA12 6HB3
£88K03/210.12 mi24, Leslie Street, Port Talbot, Neath Port Talbot SA12 6EW3
£100K08/230.13 mi30, Angel Street, Port Talbot, Neath Port Talbot SA12 6UF3
£105K02/240.13 mi14, New Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6HG3
£105K09/230.13 mi11, New Street, Aberavon, Port Talbot, Neath Port Talbot SA12 6HG3
£81K06/210.15 mi3, Norman Street, Port Talbot, Neath Port Talbot SA12 6EL3
£135K07/230.16 mi8, Harlequin Road, Port Talbot, Neath Port Talbot SA12 6UP3
£130K10/230.16 mi38, Castle Street, Port Talbot, Neath Port Talbot SA12 6DS3
£120K11/230.17 mi43, St Mary Street, Port Talbot, Neath Port Talbot SA12 6DU3
£100K06/230.17 mi33, Castle Street, Port Talbot, Neath Port Talbot SA12 6DR3
£96K02/240.18 mi23, Sandfields Road, Port Talbot, Neath Port Talbot SA12 6LU3
£99K12/220.19 mi97, Llewellyn Street, Port Talbot, Neath Port Talbot SA12 8SG3
£140K03/230.19 mi26, Nobel Avenue, Port Talbot, Neath Port Talbot SA12 6YN3
£134K03/210.19 mi5, Nobel Avenue, Port Talbot, Neath Port Talbot SA12 6YN3
£127K10/210.19 mi22, Rhodes Avenue, Port Talbot, Neath Port Talbot SA12 6UT3
£130K12/230.19 mi8, Rhodes Avenue, Port Talbot, Neath Port Talbot SA12 6UT3
£135K06/230.19 mi9, Wellington Place, Port Talbot, Neath Port Talbot SA12 6LN3
£64K04/230.2 mi89, Sandfields Road, Port Talbot, Neath Port Talbot SA12 6LS3
£105K11/230.22 mi10, Thomas Street, Port Talbot, Neath Port Talbot SA12 6LT3
£90.1K12/200.23 mi43, Pentyla Baglan Road, Port Talbot, Neath Port Talbot SA12 8DR3
£94K12/230.23 mi132, Water Street, Port Talbot, Neath Port Talbot SA12 6LH3
£145K03/210.28 mi9, Wellfield Road, Port Talbot, Neath Port Talbot SA12 8AB3
£192.5K11/200.28 mi6, Wellfield Road, Baglan, Port Talbot, Neath Port Talbot SA12 8AB3
£120K04/230.28 mi6, Pendarvis Terrace, Port Talbot, Neath Port Talbot SA12 6DX3

Local Rents

11 rents from £800/mo to £1.8K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,15001/250.09 mi-3
£95003/250.11 mi-3
£82512/240.14 miNew Street, Port Talbot3
£83003/250.16 mi-3
£85008/240.19 mi-3
£80008/240.23 miLilian Street, PORT TALBOT3
£1,75008/240.29 mi-3
£97512/240.47 miAbbottsmoor, Port Talbot, 3
£95012/240.6 miSt Pauls Road, Port Talbot, SA12 6PG3
£89508/240.61 miSandown Road, Port Talbot, SA123
£89508/240.61 mi-3

Local Area Statistics

Population in SA12

32,649

Population in Port Talbot

52,166

Town centre distance

0.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+44%

Property History

Listed for £70,000

March 28, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • No On Going Chain +
  • Ideal Investment / Project Home +
  • Two 'Bathrooms' +
  • Enclosed Rear Garden +
  • Convenient Location +

SUMMARY
The ideal buy-to-let investment or first time purchase, available for sale with no on going chain within Port Talbot! Boasting a ground floor shower room and family bathroom to the first floor, an enclosed rear garden, three bedrooms and multiple reception spaces!

DESCRIPTION
Oozing with potential to improve or modernise! The perfect buy to let investment or first time purchase available for sale with no on going chain within Port Talbot. Excellent for attendance to the popular St Josephs Catholic Schools as well as Ysgol Bae Baglan! Conveniently located for access to Aberavon Seafront and the M4 corridor, perfect for commuters into Swansea and Cardiff.
Internally, the property comprises of an entrance hallway with stairs to the landing and doors through to a front dining room, lounge and fitted kitchen with a further shower room to the rear. An exit leads to a decked garden with raised flower bed and sheds. Side & rear access is also available. The first floor houses all three bedrooms, a family bathroom and access to the loft space.
Internal viewings are highly recommended!

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hallway 

Lounge 15' 6" x 12' ( 4.72m x 3.66m )

Dining Room 11' 3" x 10' 5" ( 3.43m x 3.17m )

Kitchen 11' 5" x 9' 8" ( 3.48m x 2.95m )

Ground Floor Shower Room 

Landing 

Bedroom One 11' 6" x 9' 1" ( 3.51m x 2.77m )

Bedroom Two 11' 1" x 10' ( 3.38m x 3.05m )

Bedroom Three 8' 5" x 6' 6" ( 2.57m x 1.98m )

Bathroom 

Rear Garden 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Neath

01639 505098

Next Steps?

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