• 1.6 miles from M4 +
• 3 double bedrooms +
• Chain free +
• Fitted Bathroom +
• Fitted Kitchen +
• Ideal investment +
• Investment opportunity +
• Potential Rental Income of £10,000+ +

Investment Opportunity: 43 Ritson Street, Neath SA11 2RN - Tenanted Property in a Sought-After Area

This well-positioned mid-terrace property at 43 Ritson Street, Neath SA11 2RN, is an excellent investment opportunity, currently tenanted and generating immediate rental income.

Property Highlights:

Type: Mid-terrace house

Tenure: Freehold

Condition: Well-maintained and tenanted, offering a hassle-free investment with existing income

Location: Situated in a desirable area of Neath, close to local amenities and transport links
Investment Potential:

Average Property Value: Approximately £80,639, with recent sales indicating a 4.0% increase over the past 12 months .

Rental Yield: Gross rental yields in the area range from 6.2% to 12.2%, depending on property type and condition .

Tenant in Situ: The property is currently tenanted, providing immediate rental income and reducing the void period for investors.
Surrounding Area:

Transport Links: Briton Ferry Railway Station is approximately 600 meters away, offering convenient access to Neath, Swansea, and Cardiff. The M4 motorway is easily accessible, facilitating travel across South Wales.

Amenities: Local shops, schools, and parks are within walking distance, making it an attractive location for tenants.

Community: The area is predominantly residential, with a mix of owner-occupied and rented properties, contributing to a stable rental market .

Comparable Sales:

35 Ritson Street: Sold for £120,000 in February 2022, reflecting the potential appreciation in property values in the area .

36 Ritson Street: Sold for £72,000 in February 2024, indicating consistent demand for properties in this location .

This property offers a compelling opportunity for investors seeking a tenanted property in a well-connected and desirable area. For more information or to arrange a viewing, please contact us on .

Council Tax Band: B
Tenure: Freehold