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See how verdicts work3-bedroom terraced house · SA11 2LE
Listing removedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY ONLINE AUCTION - Lot 103 - Block of 3 flats for Investment ONLINE AUCTION FROM 28TH-30TH JULY An opportunity to purchase a block of 3 self-contained flats with a courtyard garden and the added benefit of two garages at the rear.
The property offers investment and development as follows: Flat 1 one bedroom is to be sold with tenant in situ at £600 pcm.
Flat 2 two bedroom currently vacant and turn key ready (tenant recently vacated) with an estimated rental of £700 pcm.
Flat 3 to be sold with vacant possession and is currently an unfinished shell ready for full renovation with an estimated completion cost (via vendors costings) of £18,000.
We have been informed by the Vendor that the tenant has given notice and plans to vacate the property before the 30th July (tbc).
The bustling town of Neath offers easy access to M4 corridor and offers good bus and rail links.
Ground Floor Flat 1 - (not inspected) lounge/kitchen 1 bedroom, shower room Flat 2 - open plan lounge/kitchen, 2 bedrooms, shower room First Floor Flat 3 - undeveloped shell Outside Rear courtyard garden with side access to street 2 Garages at rear Tenure: Advised Freehold - to be verified by solicitor Tenancies: To be sold with part vacant possession/ part tenant in situ The property is let at - Flat 1 £600 pcm (£7200 per annum) - Tenant is situ Flat 2 Anticipated £700 pcm (£8,400) - Currently vacant Flat 3 Anticipated £700pcm (£8,400) - Unfinished shell Anticipated total income when fully tenanted - £24,000 INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you.
Please call us or email for invaluable advice.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flats 1-3, 65 Brynhyfryd Road, Briton Ferry, Neath, West Glamorgan, SA11 2LE
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