Grove Lane, Penrhiwtyn, Neath.
CL

Grove Lane, Penrhiwtyn, Neath.

By Clee Tompkinson & Francis

£ 87,500

Reviews

2 out of 5 stars

Clee Tompkinson & Francis says ..

IDEAL INVESTMENT OPPORTUNITY FOR LANDLORDS! 2 Bedroom property situated in Penrhiwtyn Neath. To be sold with a long term tenant in situ, currently achieving £430.00 per calendar month revenue. Call us today to book a viewing.....

Property Oracle says ..

This two-bedroom terraced house in Penrhiwtyn, Neath, presents itself as an investment opportunity. The property’s location offers reasonable access to public transportation, with train stations in Briton Ferry and Neath being relatively close. Several schools are also within a convenient distance. However, the property requires some modernisation and updating. The interior decor is dated throughout, and the kitchen and bathroom in particular could benefit from renovation. The exterior appears well-maintained, but the small, paved garden offers limited outdoor space. Considering the presence of a long-term tenant and the monthly rental income of £430, the list price of £87,500 appears to be relatively reasonable when compared to similar properties in the area, although below average for Grove Lane. Potential buyers should budget for renovations and upgrades to fully realise the property’s value. A buyer should carry out appropriate checks regarding rental agreements and income to ensure consistency and accuracy. The lack of plot size data and missing Ofsted details for nearby schools prevents a more in-depth evaluation.

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
7
Condition
5
Location
6
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

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 %
from 267,381.00 £
Est sale value
230,300.00 £
Increased by 29.02 %
from 178,500.00 £
Average area rental value
1,294.00 £/mo
Increased by 17.32 %
from 1,103.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
3.82 %
Decreased by 22.83 %
from 4.95 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Clee Tompkinson & Francis marked this listing as sold.

  • Clee Tompkinson & Francis created the listing.

Nearby Schools

NameTypeOfstedDistance
Horizons EducareWelsh Establishment0.51 KM
Ygg Tyle'R YnnWelsh Establishment0.86 KM
Dwr Y Felin Comprehensive SchoolWelsh Establishment1.85 KM
Gnoll Primary SchoolWelsh Establishment2.03 KM
St Joseph'S Catholic Primary School (Neath)Welsh Establishment2.04 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Grove Lane £ 101,50000.00 KM
Mile End Road £ 115,00000.00 KM
Melyn Close £ 000.00 KM
Westbourne Road £ 166,87400.00 KM
Helen's Road £ 55,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Briton Ferry4187BNF1.34 KM
Neath4216NTH1.76 KM
Skewen4217SKE3.54 KM
Baglan4186BAJ3.85 KM
Port Talbot Parkway4181PTA7.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Morgans Road, Melyn, Neath, SA11 2EH £ 99,950BUY5 / 100.09 KM
Morgans Road, Neath £ 145,000BUY5 / 100.15 KM
Morgans Road, Neath £ 149,000BUY6 / 100.15 KM
Helens Road, Penrhiwtyn £ 109,995BUYUnknown0.19 KM
Westbourne Road, Neath, West Glamorgan, SA11 2EP £ 160,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
17 Griffiths Buildings £ 63,0000.06 KM
6 Furnace Terrace £ 82,0000.06 KM
8 Furnace Terrace £ 83,0000.07 KM
9 Furnace Terrace £ 75,0000.07 KM
13 Furnace Terrace £ 85,0000.07 KM