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 %
- Est sale value
- 230,300.00 £Increased by 29.02 %
- Average area rental value
- 1,294.00 £/moIncreased by 17.32 %
- Est letting value
- 700.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.82 %Decreased by 22.83 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Clee Tompkinson & Francis marked this listing as sold.
Clee Tompkinson & Francis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Horizons Educare | Welsh Establishment | 0.51 KM | |
| Ygg Tyle'R Ynn | Welsh Establishment | 0.86 KM | |
| Dwr Y Felin Comprehensive School | Welsh Establishment | 1.85 KM | |
| Gnoll Primary School | Welsh Establishment | 2.03 KM | |
| St Joseph'S Catholic Primary School (Neath) | Welsh Establishment | 2.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grove Lane | £ 101,500 | 0 | 0.00 KM |
| Mile End Road | £ 115,000 | 0 | 0.00 KM |
| Melyn Close | £ 0 | 0 | 0.00 KM |
| Westbourne Road | £ 166,874 | 0 | 0.00 KM |
| Helen's Road | £ 55,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Briton Ferry | 4187 | BNF | 1.34 KM |
| Neath | 4216 | NTH | 1.76 KM |
| Skewen | 4217 | SKE | 3.54 KM |
| Baglan | 4186 | BAJ | 3.85 KM |
| Port Talbot Parkway | 4181 | PTA | 7.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Morgans Road, Melyn, Neath, SA11 2EH | £ 99,950 | BUY | 5 / 10 | 0.09 KM |
| Morgans Road, Neath | £ 145,000 | BUY | 5 / 10 | 0.15 KM |
| Morgans Road, Neath | £ 149,000 | BUY | 6 / 10 | 0.15 KM |
| Helens Road, Penrhiwtyn | £ 109,995 | BUY | Unknown | 0.19 KM |
| Westbourne Road, Neath, West Glamorgan, SA11 2EP | £ 160,000 | BUY | 7 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Griffiths Buildings | £ 63,000 | 0.06 KM |
| 6 Furnace Terrace | £ 82,000 | 0.06 KM |
| 8 Furnace Terrace | £ 83,000 | 0.07 KM |
| 9 Furnace Terrace | £ 75,000 | 0.07 KM |
| 13 Furnace Terrace | £ 85,000 | 0.07 KM |