Wisemove says ..
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 Oracle says ..
This three-bedroom terraced house in Briton Ferry East, Neath, is listed at £79,995. The property benefits from a small rear garden with a greenhouse, offering potential for growing your own produce. While the interior shows signs of wear and tear and could benefit from modernisation, the location is convenient with relatively close proximity to Briton Ferry train station (0.59km). The average house price in the area is significantly higher (£271,493), suggesting that this property could represent good value for money, especially considering comparable properties on Ritson Street have sold for between £44,000 and £120,000. However, potential buyers should factor in renovation costs.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 4
- Location
- 6
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 934.20
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 406,364.00 £Increased by 51.98 %
- Est sale value
- 307,351.80 £Increased by 29.02 %
- Average area rental value
- 1,294.00 £/moIncreased by 17.32 %
- Est letting value
- 934.20 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.82 %Decreased by 22.83 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
Wisemove created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ygg Tyle'R Ynn | Welsh Establishment | 1.21 KM | |
| Baglan Primary School | Welsh Establishment | 2.02 KM | |
| Horizons Educare | Welsh Establishment | 2.06 KM | |
| Blaenbaglan Primary School | Welsh Establishment | 2.84 KM | |
| St Joseph'S Catholic Primary School (Neath) | Welsh Establishment | 3.34 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hill Street | £ 0 | 0 | 0.00 KM |
| Regents Street East | £ 114,437 | 0 | 0.00 KM |
| Ferry Close | £ 0 | 0 | 0.00 KM |
| Caroline Street | £ 140,989 | 0 | 0.00 KM |
| A474 | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Briton Ferry | 4187 | BNF | 0.59 KM |
| Baglan | 4186 | BAJ | 2.12 KM |
| Neath | 4216 | NTH | 3.58 KM |
| Skewen | 4217 | SKE | 4.36 KM |
| Port Talbot Parkway | 4181 | PTA | 6.22 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ritson Street, Neath | £ 79,995 | BUY | 5 / 10 | 0.00 KM |
| Ritson Street, Neath | £ 150,000 | BUY | 7 / 10 | 0.01 KM |
| Hunter Street, Neath, SA11 2RP | £ 84,000 | BUY | 3 / 10 | 0.05 KM |
| Hunter Street, Neath | £ 140,000 | BUY | 6 / 10 | 0.05 KM |
| Hunter Street, Briton Ferry , Neath. SA11 2RP | £ 98,000 | BUY | 7 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 45 Ritson Street | £ 25,000 | 0.01 KM |
| 39 Ritson Street | £ 68,000 | 0.01 KM |
| 29 Ritson Street | £ 80,000 | 0.01 KM |
| 32 Ritson Street | £ 69,000 | 0.01 KM |
| 33 Ritson Street | £ 80,000 | 0.01 KM |